WSJcomBankruptcyBeat

Rig Operator Vantage Drilling Files for Bankruptcy

12/03/15

Houston-based contract rig operator Vantage Drilling Co. filed for bankruptcy protection late Wednesday night after reaching a deal on a debt-for-equity swap with its lenders and bondholders, The Wall Street Journal reported. Like others in the oil-and-gas industry, Vantage has been hamstrung by stubbornly low oil prices.

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Best Buy Fights to Save Airport and Mall Vending Machines

12/02/15

: Customers stand in line as they wait for the doors to open at Best Buy in McAllen, Texas.

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Pacer Outages Reported Amid Bankruptcy Paperwork Changes – Update

12/01/15

Several court websites that are portals to bankruptcy court filings were down on Tuesday morning—the first day that bankruptcy lawyers are supposed to file documents using newer forms.

Many court websites were offline for several hours starting on Monday night to upload and test the software with the new bankruptcy forms.

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Struggling Concert Promoter SFX Looks to Restructure Debt

12/01/15

: The Chemical Brothers perform on day 1 of the Electric Zoo EDM festival at Randall; Robert Altman/Invision/Associated Press

Concert promoter SFX Enterta

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Luminant Buys Two NextEra Power Plants

11/30/15

NextEra Energy Inc. said Friday it has agreed to sell two Texas natural gas power plants to Energy Future Holdings Corp.’s Luminant unit for $1.59 billion. Read the story in The Wall Street Journal.

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Albertsons Buys Back Grocery Stores After Antitrust Misfire

11/25/15

: Connie Jodice cleans a section where pre-made foods will go, next to the wet rack, containing fresh produce, inside a Haggen grocery store, formerly an Albertsons, located in Palmdale, on March 23, 2015.

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Bankruptcy Fight May Lift the Veil on Lynn Tilton’s Empire

11/24/15

: New York financier Lynn Tilton arrives for an appeal hearing at the U.S.

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Critics: New Bankruptcy Paperwork Will Cause Inaccurate Filings

11/23/15

The paperwork that people and businesses have used to file for bankruptcy protection since the 1980s is being replaced on Dec. 1 with forms that have clearer, easier-to-understand instructions and that’s…bad?

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