Big Law Confronts Tail Risk Threat to Private Equity Bankruptcy
Big Law partners are looking at a ruling that sent shock waves through the bankruptcy world as a lesson rather than a serious threat to their model of representing both private equity sponsors and their distressed portfolio companies.
US Machine Maker Files Bankruptcy, Blaming Chinese Regulators
Country Garden Gets Six-Month Respite for Restructuring Talks
Chinese builder
Apollo, Banks Discuss Restructuring for Hung Brightspeed Debt
AmEx, Girardi Keese Bankruptcy Trustee Settle Stolen Money Suit
American Express has settled for $3 million claims brought by a bankruptcy trustee that it enabled the defunct Girardi Keese law firm to siphon $50.25 million in fraudulent transfers as part of the insolvent firm’s scheme to cheat creditors.
PRACTITIONER INSIGHTS
View More InsightsSpotlight on Judge David R. Jones
A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Latest Stories
Venezuela’s Election Threatens to Extend Bond-Market Exile
The political turmoil unleashed by Venezuela’s presidential election is threatening to extend the nation’s economic isolation and derail any moves toward restructuring its debt.
R.R. Donnelley Adds Lender Protection on $1.65 Billion Bond Sale
A $1.65 billion bond sale to help fund
Venezuelan Bond Investors Are Underpricing Adverse Outcome: EMFI
The bond market is underpricing the probability of adverse outcomes in the coming days in Venezuela following Sunday’s election, according to EMFI Group.
Bankrupt Yellow Disputes PBGC Rules in $7.8 Billion Pension Feud
Yellow Corp. urged a Delaware bankruptcy judge to set aside regulations asserted by the Pension Benefit Guaranty Corp. to calculate the defunct trucking company’s pension withdrawal liability, saying the agency is unilaterally changing applicable rules.
Massachusetts to Give Steward $30 Million to Keep Hospitals Open
Bankrupt Steward Health Care System LLC reached an agreement with Massachusetts to receive $30 million through state-sponsored programs to keep its hospitals running as they transition to new ownership.
Buy Venezuelan Bonds as Debt Recast Under Maduro Possible: Citi
Citigroup strategists reiterated their recommendation to go long bonds from Venezuela and its state-oil company as a debt restructuring led by
Flooring Retailer Empire Today at Risk of Default, S&P Says
Bankruptcy Judge Worried About Broad Ex-Judge Romance Questions
A Houston bankruptcy judge has raised concerns over the breadth of questions that a Justice Department arm seeks to ask a former court employee about an ex-bankruptcy judge tied up in an ethics debacle over his once-secret relationship with a local attorney.
AMC’s 7.5% Bonds Rally as Holders Probe Covenants for Violations
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