Key Energy Services Announces Entry into Plan Support Agreement for Consensual Deleveraging
Plan Support Agreement Provides For Operations To Continue as Usual, Without Interruption, With Employees, Vendors and Trade Creditors to be Paid in Full in the Ordinary Course of Business
How I sold the Gawker world - Recode
Mark Patricof just shopped Nick Denton’s loved-and-hated media company — and fetched $135 million
U.S. Government Cuts Off New Funding for ITT Technical Institute - WSJ
Parent company’s stock price plunges, as move slashes for-profit school’s main source of revenue
Wilbur Ross’s ‘Turnaround Titan’ Tries to Beat the Oil Rout - Bloomberg
At Exco, he’s downsizing, adjusting debt profile to survive
Hanjin Shipping calls for help amid receivership threat
Cash-strapped Hanjin Shipping Co. said Sunday that its creditors' extended help is crucial for its survival
Appointment of Cayman liquidator adds pressure on Platinum Partners | Reuters
A local judge on Tuesday appointed insolvency specialist RHSW Caribbean as "joint official liquidators" of the Cayman-based Platinum Partners Value Arbitrage Fund (International) Limited
Financial tool set to shield bondholders from default risk | South China Morning Post
As bond defaults soar in China, investors and regulators are moving to introduce financial tools that have been widely used in global markets to provide protection for creditors in cases where companies can’t pay their debts.
Sears to Borrow $300 Million From Lampert as Losses Mount - Bloomberg
Same-store sales slump 5.2 percent in second quarter
Disarming Holdouts in Sovereign Debt Restructurings - Credit Slips
The pari passu litigation against Argentina caused many people to worry that future government debt restructurings would become more difficult.
Sixth Circuit Splits with the Second over the Wagoner Rule on Standing | ABI
Sixth Circuit revives lawsuit against lender that allegedly aided Ponzi scheme.
Business Litigation Report - August 2016 | Quinn Emanuel Urquhart & Sullivan, LLP
Circuit Courts Align to Shield SEC Administrative Proceedings from Collateral Constitutional Attack