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Issue 104  May 12th 2017

News 

Top Azeri Bank Halts Foreign Debt Payments, Plans Restructuring

While not mentioned in the Bloomberg article, the bank also filed a Chapter 15 proceeding in the Southern District of New York on Thursday.

bloomberg.com

Profits From Store-Branded Credit Cards Hide Depth of Retailers’ Troubles

nytimes.com

Brookfield's Bruce Flatt Takes A Contrarian View On Retail Armageddon

forbes.com

New Uber blow as European legal adviser says service should be licensed like taxis

theguardian.com

Hudson's Bay taps debt adviser amid Neiman Marcus bid challenges: sources

reuters.com

Bondholder Group Raises Concerns About Rickmers Restructuring

wsj.com

Bankruptcy on the Side | CLS Blue Sky Blog

Intercreditor agreement discussion

columbia.edu

Brazil plans changes to bankruptcy law to bolster recovery, paper says

reuters.com

Is the Gig Economy Working? - The New Yorker

newyorker.com

The Long, Hard, Unprecedented Fall of Sears

In 1994, Sears and Kmart raked in a combined $111.4 billion, compared with powerhouse discounter Wal-Mart Stores Inc.’s haul of $111.9 billion.

bloomberg.com
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