Bankruptcy Blogs

Arch Coal Looks to Cut $4.5 Billion in Debt Under Chapter 11 Protection

01/11/16

Arch Coal Inc., one of the biggest coal companies in the U.S., filed for chapter 11 protection with to cut $4.5 billion in debt; the coal producer has suffered less demand and falling prices. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Banks vs. Fintech? No Contest, Banks Win

01/08/16

For all the attention nonbank fintech firms get, they still have a long way to go before winning over key customer segments, such as business banking customers.

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Kevin Spacey to Oversee Film Production at Relativity Studios

01/08/16
In this image released by Netflix, Kevin Spacey appears in a scene from “House of Cards.” Mr.
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Next Week in Bankruptcy

01/08/16
Bill Pugliano/Getty Images

General Motors Co.’s first trial over faulty i

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'Smart Contracts' Are the Future of Blockchain

01/08/16

A concept that predated bitcoin itself is becoming more than a thought exercise as blockchains explore ways to harness smart contracts for greater uses.

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Morning Scan: Saudi Oil IPO = Bank Fee Bonanza; Kelleher Profiled

01/08/16

New York Times

Investment bankers the world over are salivating at the fee bonanza that would emerge from a potential Saudi Aramco IPO.

If it went public, Saudi Aramco, the state-owned oil producer in Saudi Arabia, could generate a market value the equivalent of 12 Apples, or about $7 trillion. And that's based on a 2010 estimate. ...

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American Apparel Former CEO Dov Charney Makes Bid for Company

01/08/16

Dov Charney, the ousted chief executive of retailer American Apparel Inc., found an investor to back a $200 million rival bid for the company. The Wall Street Journal has the Daily Bankruptcy Review article here.

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AALS & The Slips

01/07/16

Quite a few Credit Slips bloggers and former guests are panelists at the session the Debtor-Creditor Section of the Association of American Law Schools (AALS) meeting.The session is entitled, "Bankruptcy for the Ninety-Five Percent: Making the System Work for Small and Medium-Sized Businesses and Sole Proprietors" and will take place on Saturday from 1:30 - 3:15 PM. If you are at the AALS meeting, check it out. Panelists and discussants are Matthew Bruckner, Andrew Dawson, Pamela Foohey, Margaret Howard, Melissa Jacoby, Ed Morrison, Foteini Teloni, and Jay Westbrook.

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