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Friday, March 6, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Amid Unexpected Profit, Can JCPenney Avoid Bankruptcy?

Restaurant bankruptcies are increasing, and more could be on the way

Lessons from the Airline Industry’s First Coronavirus Bankruptcy

Peebles, Gordmans parent company closing hundreds of stores nationwide

Art Van announces liquidation sale, expected to declare bankruptcy

Guitar Center downgraded as gains fail to reduce debt load

Retail Restructuring News



The running list of 2020 retail bankruptcies

The impact of the coronavirus on retail

New lease on life for Forever 21 with acquisition out of bankruptcy

Paper Source acquires 30 stores from bankrupt Papyrus

Notable Filings



Fairway Group Retains Omni Agent Solutions As Administrative Agent

National Museum of American Jewish History files for bankruptcy

Movie chain files for bankruptcy

Local oil field services company files for bankruptcy protection

Drilling rig operator files for Chapter 11 bankruptcy

Owner of Logan's Roadhouse, Old Chicago files for bankruptcy

Woodtex files for bankruptcy

Former Google Self-Driving Engineer Files for Bankruptcy

Louisville entertainment company files for Chapter 11 bankruptcy protection

Legal Issues



Additional proposals to reform the bankruptcy laws

Asbestos Claims Against Bankrupt Entities Barred Under Confirmation Order

Lawsuit filed against the Boy Scouts moves to federal level

The Solvent Debtor and Post-Petition Interest on Unsecured Claims

Discovery Rule Extends Fraudulent Transfer Look-Back Period

Student Loan Servicer Appeals Bankruptcy Court’s Decision to Discharge Student Loan Debt

Feature Articles



The Economic Impact of the COVID-19

Panel Chosen to Represent Victims in Boy Scouts Bankruptcy

PG&E’s bankruptcy exit plan gets a price tag: $57.65 billion

Court Denies the Filing of Class Action Proof of Claim in PG&E’s Bankruptcy

SEC, some shareholders oppose McDermott Chapter 11 plan

New Disney movie can open at Michigan theater chain following bankruptcy judge’s order

Former Puerto Rico bankruptcy attorney sues bankruptcy firms for illegal activities

Puerto Rico Bankruptcy Climax Set to Come Amid Island Elections

Management Of Large Liabilities Of Health Care Companies Through Bankruptcy

How two years of changes in dairy led to two major bankruptcies

It’s Awful, Except for Distressed Investors Readying to Pounce

Is farm bankruptcy an alarm to sound?

Hemp growers, processors face continuing challenges

Divorce and Bankruptcy: Filing for Both

This is Really Funny…On Our Way to The Bankruptcy Court

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