The chapter discusses the opposition from Monoline Insurers, Assured and National, regarding the extension of a hearing and their argument that the RSA approval does not rely on legislation. Other top stories from the week are also covered, including Revlon's noteholders organizing, Southland Royalty Company filing Chapter 11, and Northeast natural gas producers facing falling commodity prices. The chapter concludes with an introduction to Lee Buchheit, a sovereign restructuring veteran, who will discuss Argentina and Venezuela.