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Friday, February 7, 2020

Bankruptcy Today Weekender

Catch up on relevant current restructuring news, case filings, legal issues and developments.

Potential Chapter 11 Filings



Some struggling US cannabis companies may look to Canada for possible bankruptcy protection

For Intelsat, Bankruptcy May Be Way to Slow C-Band Deal

Bankruptcy Wave Hits Whole Foods Competitors

Retail Restructuring News



More retailers file for bankruptcy twice as they struggle with rising debt, pressure from Amazon

The toy category still hasn't recovered from the death of Toys R Us

Macy's to shutter 125 stores in massive retooling

How to Know a Retailer May Be on the Verge of Bankruptcy

Forever 21 lands $81M bid from Simon, Brookfield, Authentic Brands

Mall owners seek to buy Forever 21 from bankruptcy

Forever 21 sale plan approved despite supplier, landlord objections

We shopped at the last 3 Forever 21s in Manhattan since the company filed for bankruptcy and saw firsthand why the brand continues to struggle

Notable Filings



Big South Side apartment portfolio lands in bankruptcy court


Bryn & Dane’s files for bankruptcy protection; 3 locations to remain open

Kentucky hemp, CBD giant bankruptcy is a 'black eye' for industry, congressman says

Legal Issues



Bankruptcy Appellate Practice: The Entry of Bankruptcy Court Orders and the 14-Day Period to Appeal

First Circuit Bankruptcy Panel Affirms “Gavel Rule” as Determinative of When a Bankruptcy Debtor’s Right of Redemption Terminates

Bankruptcy Judge Is Really Rather Sick Of Nitpicking Over The Intricacies Of Bankruptcy Law

Feature Articles



Biotech Bankruptcies Hit Recent High in 2019

U.S. farm bankruptcies hit an 8-year high in 2019

Bankruptcy Filings Increase Slightly

The huge services side of the U.S. economy grew in January at fastest pace in 6 months

Private equity comes under pressure for more transparency on marking of assets

Aspen Club puts out amended plan for bankruptcy exit

PG&E plans to pay $25B in wildfire liabilities as part of 2020 bankruptcy reorg plan

Judge approves PG&E bankruptcy deal with bondholders

Bankruptcy Plan Gains Ground, But PG&E Still Facing Possibility of State Takeover

USA Gymnastics Submits Restructuring Plan, Plaintiffs Argue It's Not Enough

Celadon to Sell Texas Facility as Bankruptcy Proceedings Continue

LBI Rebrands To Estrella Media, Marking Fresh Start After Bankruptcy

Lynn Tilton Loses Another Round in Bondholder Bankruptcy Brawl

EPA reminds bankruptcy court: Philly refinery owes it millions

What Does It Take to Address the Risk That Once Cash Is Used It Is Just Gone?

Latham & Watkins Bolsters Expanding Restructuring & Special Situations Practice with Addition of Counsel in New York

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