Caesars Entertainment, CEOC Reach Agreement With Group of Second Lien Noteholders
The agreement provides for a substantial improvement in recoveries for Second Lien Noteholders to those contemplated in CEOC's plan of reorganization, and adds to the group of creditors supporting CEOC's restructuring plan.
Big Oil's Ugly Second-Quarter Scorecard - Bloomberg Gadfly
More than ever, cash flow is king -- and cash flow is abysmal.
General Motors Looks for More Influence in Supplier Auction Process - WSJ
Clark-Cutler-McDermott Co. filed for bankruptcy protection last month
Can a nonprofit startup fix the pro se problem in bankruptcy? - Credit Slips
This summer, Rohan Pavuluri and Jonathan Petts launched UpSolve, a nonprofit startup working to "modernize legal aid."
Coal Glut, Environmental Pushback Derail West Coast Port Plans - WSJ
Once promising, exports to Asia have been undermined by oversupply, demise of port projects
Amendments to Local Bankruptcy Rules | DISTRICT OF MARYLAND
The United States Bankruptcy Court for the District of Maryland has approved amendments to its Local Rules effective August 1, 2016. Please click here for a copy of the amended rules, related notice, and summaries.
Prominent Restructuring Duo Join Skadden's Restructuring Practice in New York | Skadden
Paul Leake and Lisa Laukitis
Get to the Back of the Line! Delaware Bankruptcy Court Holds C-Suite Stock Compensation was Equity Security Not General Unsecured Claim | Weil Gotshal
The facts of GSE Environmental are an all too familiar story in the bankruptcy context
Restructuring Professionals | Bankruptcy | Retention Agreement
Two recent cases have put that faith to test. Both have suggested that holding a retainer may not be enough.
Duane Morris LLP - Singapore Explores Third-Party Funding
Singapore recently introduced new proposed legislation, the Public Consultation on the Draft Civil Law (Amendment) Bill 2016 and Civil Law (Third Party Funding) Regulations 2016, which would allow third-party funding in disputes.