Treasury Didn’t Tell Puerto Rico to Default, Lawyer Says - Bloomberg
Cleary Gottlieb’s Richard Cooper comments at conference
NRG Energy, Inc. Form 10-Q
GenOn is currently considering all options available to it, including negotiations with creditors, refinancing the senior unsecured notes, potential sales of certain generating assets as well as the possibility for a need to file for protection under Chapter 11 of the U.S. Bankruptcy Code. During the second quarter of 2016, GenOn appointed two independent directors as part of this process. Any resolution may have a material impact on the Company's statement of operations, cash flows and financial position.
NRG Energy Makes $144 Million Bid for SunEdison Wind and Solar Projects - WSJ
SunEdison seeks to declare NRG Energy the lead bidder
Venezuela Seen Staving Off Default Again Even as Crisis Worsens - Bloomberg
Goldman Sachs says country has now fallen into a ‘depression’
Owner of Bankrupt Wine Store Premier Cru Will Plead Guilty to Fraud | News | News & Features | Wine Spectator
John Fox, co-owner of the beleaguered California retailer, faces up to 20 years in federal prison for alleged Ponzi scheme
Gawker, Daily Mail in ‘Final Stages’ of Settling Defamation Suit - WSJ
A lawyer for Gawker didn’t detail specifics of expected deal
Andrew Left Calls Wayfair's Business 'Nonsensical,' Reveals Short in the Stock
Short-seller Andrew Left told Real Money Tuesday that he has a "very large" short position against e-commerce furniture seller Wayfair (W) , which he once called "the most mispriced stock" his firm, Citron Research, has seen "in years."
SolarCity's Results Are the Ultimate Pitch Book - Bloomberg Gadfly
The three things that matter are installations, costs and cash.
Dallas Public Law School in Peril After Accreditation Setback - Law Blog - WSJ
The ABA committee said it lacked confidence that the school is enrolling enough students capable of completing J.D. degree requirements and passing the bar exam.
Jones Day | In Head-to-Head Contest Between Separate Debtors in Bankruptcy, Right to Reject Executory Contract Prevails
According to the court in In re Noranda Aluminum, Inc., 549 B.R. 725 (Bankr. E.D. Mo. 2016), the “business judgment” standard applies to determine whether rejection should be authorized, rather than a “balancing of the equities” test.
A review of the Corporate Insolvency Regime | Dentons
On 25 May, the Insolvency Service published a consultation paper on options for reform of the UK's corporate insolvency regime.