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What We’re Reading This Week [August 30, 2019]

By Aaron Gavant & Sean T. Scott on August 30, 2019
Posted in Chapter 15, Economic Trends, Plans of Reorganization, What We’re Reading This Week

Brazil’s Odebrecht Files for Bankruptcy in U.S. [WSJ; August 26, 2019]

Ditech plan rejected as judge finds that company can’t sell mortgage-servicing rights and reverse-mortgage business free and clear of consumer claims [Bloomberg; August 28, 2019]

First annual upturn in corporate insolvencies globally, since the financial crisis, with marked upturn in North America in particular [Atradius; August 27, 2019]

U.S. Second-Quarter Growth Revised Down to 2% Pace [Bloomberg; August 29, 2019]

Tags: bankruptcy, Ditech, economic news, insolvencies, Odebrecht, recession watch
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