American Airlines Group Inc. named President Robert Isom as its incoming chief executive officer, selecting a company insider to replace retiring chief Doug Parker.

Get a preview of upcoming events straight from the Bloomberg Terminal in our daily debt rundown.

Some China Evergrande Group bondholders have not received overdue coupon payments after the end of a month-long grace period, putting the world’s most indebted property developer on the brink of its first default on offshore notes. S&P Global Ratings said default “looks inevitable.”

The question has loomed over China Evergrande Group for months: Is the world’s most indebted developer too big to fail?

The Chinese developer that became the nation’s first to default on dollar bonds back in 2015 may have caught a break to avoid doing so again, at least for now.

A debate is raging in federal court over whether the owners of Purdue Pharma LP, members of the billionaire Sackler family, secured protection for themselves from future opioid lawsuits by abusing the U.S. bankruptcy system.

A former FCA US LLC employee who was allegedly fired for excessive absence only after being denied medical leave lacks a bias suit, because he didn’t timely reveal his claim during his personal bankruptcy proceeding, the Northern District of Ohio ruled.