Scoop: The Venezuelan government engaged law firm White & Case to defend its interests in state-owned Citgo Petroleum, which is on the verge of a forced sale to satisfy creditors, w/ @AliciaMcElhaney@kejalvyas@gladstonea https://t.co/NuzgqWME73
Scoop: More Brightline creditors have hired advisors on concerns that they'll be cut out of a potential restructuring deal. Read the full story in @WSJBankruptcy, with @AndrewScurria https://t.co/NepVHaOz06
Kirkland & Ellis had a restructuring deal with clients on both sides, and had a decision to make. It stepped back from representing Optimum Communications, bowing to Wall Street asset managers that are now more lenders than they are private equity https://t.co/3E5PJc2IZg
First Brands' top lenders are exploring a liquidation of the company, pushing back on its ask for $700 million in new money. Get the exclusive deets on DIP talks now from @WSJBankruptcy with @jodixu & @AndrewScurria https://t.co/Y9FP7e6X3D
Shoutout the most amazing @NJTRANSIT workers at Orange today. My daughter dropped her little Lego deer down a storm grate yesterday. I came back today, and they retrieved it. They just made a two-year-old very, very happy.
Exclusive people move in @WSJBankruptcy, Kirkland & Ellis restructuring partner Ryan Bennett will now lead the practice group at Willkie Farr https://t.co/o9vY8MamVu
Residential solar company PosiGen explores financial restructuring options, including bankruptcy. Exclusive with @SomaBisWSJ@AndrewScurria https://t.co/QHtJ5taeZt
Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said https://t.co/B8a7iOqt0D
Exclusive: Bankruptcy Judge Marvin Isgur is seeking to resolve government claims against law firm Jackson Walker that he previously recused himself from. by @AndrewScurria@gladstonea https://t.co/xCUPHw1Zqi via @WSJ#bankruptcy
New: The iconic Miss America competition has landed in bankruptcy court, the result of a legal feud involving real-estate developer Glenn Straub over who owns the 103 year-old pageant, by @AliciaMcElhaney https://t.co/8RrD0cVVLW
Scoop: Ray Schrock, a bankruptcy partner at Weil Gotshal & Manges who steered some of the nation���s largest corporate restructurings over the past decade, is leaving the firm for rival Latham & Watkins https://t.co/0pHXoA3kma
New: Kirkland & Ellis filed its first new chapter 11 case in Houston in nearly a year following the resignation of its former chief bankruptcy judge in an ethics scandal https://t.co/z3glCzhjnL