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Weekly News – April 29

Judge-Shopping Musical Chairs

**Breaking News** (or worst kept secret…): Judge Lopez to “replace” Judge Isgur on Complex Case Panel upon retirement here 

But S.D. TX Judicial Conference seat moves to a S.D. CA Bankruptcy Judge here 


How’s that canary in coal-mine doing?


J&J obtains relief


High Yield Market Peformance YTD


Two worlds collide…

2nd Circuit Oral Argument on Purdue Third Party Releases pits industry against UST.

Profs come out swinging:


Russia avoids default… for now…

Russia avoids record sovereign-debt default with US dollar payment on Friday here


Hess unit files for bankruptcy

Hess unit files for bankruptcy to address asbestos liabilities here


Wachtell’s 2022 Distressed Investor Guide

Read Wachtell’s definitive guide here


What we’re reading….

Read Bill Browder’s essay on how to follow the money here


Upcoming Events

May 4: McDermott Will & Emery & Jefferies: Value Investing Forum

May 4-5: Global Alternative Credit Summit hosted by Reorg Research in partnership with FT Live

May 11: VALCON 2022

June 10: American Bankruptcy Institute New York City Bankruptcy Conference

June 15: Secured Finance Network Women in Secured Finance Conference 2022

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