CONTENTS
FEATURES
10 Q2 High-Yield Bond
Default Rate Highest Since 2009
12 Retail Rivalry: Consignment Vendors,
Secured Lenders Spar over Priority
20 Recent Court Decisions
Add Potential Risks in
Workout Transactions
25 Two 3rd Circuit Courts
Weigh in on Third-Party Releases
30 Australian Proposal Seeks
Safe Harbour for Insolvent
Companies' Directors
34 Illinois Bankruptcy Court
Sets Low Bar for Equitable
Subordination of Insider Loan
38 State Law Alternatives May Achieve
Results Similar to Chapter 11
44 Snapshots: Craig T. Lutterbein
50 My View: Thank You, Peter
HAPPENINGS
51 Milestones
52 Newcomers
54 Connections
57 Reflections
OCTOBER 2016
VOL.
29 | NO. 8
4
Bankruptcy Ruling Sets Off
Cascade of Litigation over
Oil & Gas Gathering Contracts
