Shareholders Reject, Criticize Hercules Offshore Plan to Liquidate - WSJ
Many were investors that followed Hercules Offshore out of a recent bankruptcy case
Sports Authority’s Demise Shakes Faith in Consignment Deals - Bloomberg
“We will see a tightening of credit and more scrutiny. The more retail failures there are, the more the vendors are getting skittish.”
Exclusive: Claire's Stores to begin debt restructuring talks - sources | Reuters
Apollo has asked Morgan, Lewis & Bockius LLP to represent the retailer in its talks with its creditors, the people said this week.
Claire’s banking on back-to-school sales to avoid bankruptcy | New York Post
“You have to think more likely than not it will result in bankruptcy.”
Kmart’s retail experiment is freaking out employees | New York Post
Moving Kmart stockroom merchandise onto the sales floor.
Creditors' Committee motion for substantive consolidation of Minneapolis Archdiocese estate w/ non-debtors denied
The Oil Market's Next Big Test - Bloomberg Gadfly
Here's a number that matters in the oil market right now: $40.76.
California Has Some Unfinished Business with Law Firm Bankruptcies | Big Law Business
The 9th Circuit Court of Appeals on Wednesday sought some guidance, posing the question to the California Supreme Court
MoFo Brexit Briefing | Morrison & Foerster LLP
The UK should seize this moment of realignment to improve the UK insolvency system.
Weil Bankruptcy Blog | Tinkering With Ipso Facto Provisions In Financial Contracts Could Send Them Sailing Out of Safe Harbors | Weil Gotshal
The question was whether an ipso facto provision continues to be safe harbored if enforcement of that provision is conditioned on other factors – in this case, the debtor’s failure to perform under the contract