Gawker.com to End Operations Next Week
Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon
Private Prison Stocks Sink After U.S. Signals the End - Bloomberg
Corrections Corp. of America shares plunge 51% after decision
Banks, Government Set to Own Restructured Toll-Road Operator - WSJ
Texas toll road’s exit plan details how it will repay debts
U.K. Distributor Metrodome Goes Into Bankruptcy Protection | Hollywood Reporter
The arthouse specialist — which has Kristen Stewart's 'Personal Shopper' on its upcoming slate of releases — has entered administration
Caesars Settles One Bondholder Lawsuit - NASDAQ.com
Resolves a class-action lawsuit brought by the holders of unsecured bond debt issued by its Caesars Entertainment Operating Co. unit
EFIH First Lien Trustee Petitions for Certiorari to Resolve Circuit Split over Pre-Plan Settlements | Weil Gotshal
Delaware Trust Company, as trustee for the EFIH first lien notes, filed a petition for certiorari with the United States Supreme Court, asking the Court to review the Energy Future Holding debtors’ settlement with the EFIH first lien noteholders
Why the Municipal Pension Crisis Will Worsen | The Bond Buyer
This article details the demographic shifts that now threaten to worsen the crisis as America ages.
U.S. e-commerce posts its largest gain in nearly two years
E-commerce sales grew 15.8% in the second quarter, according to the U.S. Commerce Department
Return to Sender? Domestic Reach of Foreign Stay Can Be Modified in Chapter 15 Recognition Order, Without Trip to Foreign Court | Weil Gotshal
The case adds a wrinkle to caselaw addressing the domestic application of foreign stays through chapter 15, and in particular whether it is appropriate for a bankruptcy court to modify or limit a foreign stay through changes to its recognition order (i.e., the order that gives a foreign stay effect in the United States).