Issue 3 July 13th 2016

Defaults among U.S. drillers hit record - Houston Chronicle

Energy Failures Push U.S. High-Yield Default Rate to 6-Year High - Bloomberg

Puerto Rico Governor Likely to Sign Water Utility Borrowing Bill - Bloomberg

Fed’s Bullard Says Brexit to Have ‘Close to Zero’ U.S. Impact - Bloomberg

Gawker's Chief Restructuring Officer Says There Are 55 Potential Bidders - Hollywood Reporter

8-K Filed by Atlas Resource Partners, L.P. re: Forbearance Agreements

Wall Street Debt Investors Circle Aubrey McClendon’s Permian Resources - WSJ

John Bringardner on Twitter: "Fitch: US energy defaults could hit $90bn by year-end. Default volume during 1H16 is greater than the $50.2bn seen in full year 2015."

General Motors Seeking to Get Equipment From Supplier in Bankruptcy Case - WSJ

Internet Service a Utility in Bankruptcy? It Might Be Now. | Bryan Cave - JDSupra