Energy Future Bondholders Look to Challenge $890 Million Court Defea...

10/30/15

Energy Future Holdings Corp. bondholders are looking to challenge their defeat in an $890 million court fight.Read the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

According to Bloomberg, Randy Limbacheris, the chief executive of Samson Resources Corp., resigned because of setbacks in the oil and gas company’s bankruptcy case.

According to Crain’s Chicago Business, law firm Kirkland & Ellis is allowed to keep advising Caesars Entertainment Corp.’s bankrupt operating.

Distressed Mexican construction company Empresas ICA SAB hired Rothschild Mexico as an adviser to help it improve performance, The Wall Street Journal reports.

Iron-ore mining company Cliffs Natural Resources swung to a third-quarter profit, WSJ reports.

Detroit residents who stuck through the city’s bad economic times and bankruptcy are worried they could be priced out as the city recovers, the Associated Press reports.

(And don’t forget to check out our blog post on why bankruptcy often spells the end for retailers.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa

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