Owner of Idle California Oil Island Files for Bankruptcy Protection - WSJ
Rincon Island LP seeking to block state of California from forcing it to perform extensive remediation on its wells
Brazil's Bom Jesus offers creditors debt-for-land swap in reorganization | Reuters
A Brazilian grain producer that filed for bankruptcy protection in May has offered creditors stakes in a farm that could be later sold, in an effort to restructure 2.6 billion reais ($826 million) in debt
Valeant Is Reported to Be in Criminal Probe Over Pharmacy - Bloomberg
Prosecutors reportedly looking at false statements to insurers
Lenders Call for Trustee to Take Over China Fishery Group - WSJ
Lender group said there’s ‘grave’ risk in allowing the family that founded and controls the company to remain in charge
Shipbeat Post-Mortem — Entrepreneurial Laundry — Medium
Shipbeat aimed to create a platform to automate and acquire logistic services for online retailers. It made it possible for online retailers to save time and money on shipping by using the service. Still, in the end, it was unsuccessful.
TSG Enterprises Acquires Total Hockey Stores and Websites | Mergers & Acquisitions, Latest News
The acquisition gives the retailer access to new markets Missouri, Illinois, Minnesota, Michigan, Maryland, Utah and Colorado, as well as strengthening its presence in its existing markets
N.J. Approves $800 Million Bond Plan to Complete Mega Mall - Bloomberg
Landmark eyesore alongside Turnpike promised for 10-plus years
Lynn Tilton defends against allegation of loan fund 'shell game' | Reuters
The flamboyant Tilton testified for five hours about complex loan vehicles known as the Zohar funds that she created more than a decade ago.
Producers Beware: What happens when your movie distributor files bankruptcy? | Greenberg Glusker Fields Claman & Machtinger LLP
However, what has not been addressed, and what seems to be of frequent concern in recent years, are the issues that affect producer/licensors when their distributor/licensees file bankruptcy