Isda rules against Novo Banco succession event
Isda's determinations committee decides that Novo Banco move was no succession 

Energy sector default rate rises to 9%, finds Fitch
12 month trailing default rate up to 9% for energy names, says rating agency. At the end of January this figure stood at 7%. 

One in five high yield energy borrowers could default this year, says Barclays
Bank revises default forecast to take account of recent oil price falls

Isda calls in top silks to decide Novo Banco credit conundrum
Isda's credit derivatives determinations committee has convened an external review panel to decide the thorny issue of whether Novo Banco has defaulted

CDS auction reveals huge confusion about value of Abengoa bonds
Abengoa bonds price at less than five cents on the dollar 

Bond market update - while you were away
Major commodities downgrade, Portuguese bank bond moves and Chinese default risk keep bond markets interesting over holiday period

Ukraine defaults on bond to Russia, says Bloomberg
€3 billion bond from Russia to Ukraine will go unpaid 

Abengoa’s filing is a default for some, says Isda
Isda rules that Abengoa's filing for credit protection for older contracts 

Isda puts off second decision over Abengoa
Determinations committee to reconvene over Spanish energy firm

No credit event yet on Abengoa, rules Isda
Isda's credit derivatives determinations committee yesterday decided that Abengoa does not (yet) count as a credit event

Defaults will soar next year, predicts Barclays
US high yield defaults will increase sharply in 2016, according to new Barclays research

Ukraine’s bond restructuring will trigger CDS contracts
Isda's determinations committee rules in favour of CDS holders 

Ukraine CDS holders rush to put credit event question to Isda
Isda's determinations committee accepts question regarding Ukranian restructuring days before maturity

Alpha Appalachia posts lowest US CDS recovery since 2009
Alpha Appalachia Holdings became the latest US high yield credit to produce abysmally low recoveries on its credit default swaps

Alpha Appalachia looks set to become latest low CDS recovery
Isda has set this Thursday as the date to auction bonds from Alpha Appalachia Holdings in order to settle credit default swaps on the name

Beware issuers with two to three year maturity walls, says Barclays
Research into the maturity profile of defaulting issuers shows imminent debt walls may not be a great indicator 

Fitch sees more defaults to come from low oil and commodity prices
Ratings agency raises US high yield default projection and warns 2016 could rise 

Sabine CDS auction result hints at big distressed buy order
Sabine Oil and Gas becomes the latest US high yield name to post a low recovery rate in a credit default swaps settlement auction

Ukraine bank has triggered restructuring, rules Isda
Isda has announced that a credit event has occurred on the State Export-Import Bank of Ukraine

Isda ponders possible Ukraine bank default after maturity extension
Isda's credit derivatives determinations committee has been asked to rule on a potential credit event by Ukraine's State Export-Import Bank

Sabine missed payment is a credit event, rules Isda
Isda rules on Sabine Oil & Gas as well as previous incarnation, Forest Oil 

Credit traders ask Isda to rule on Sabine missed payment
Former Forest Oil bonds are trading in low to mid 20s

Kaisa becomes first Chinese property developer to suffer US dollar default
Chinese property developer Kaisa has become the first such company to default on US dollar debt