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Thursday, March 12, 2020

Welcome to the Bankruptcy
Today Newsletter.

Your daily access to recent significant Chapter 11 case filings, relevant restructuring news and samples of some of our current distressed company profiles.

Featured Recent Filings

CourtFiledDebtorCase NoAttorneyAssetsLiabilities
D. Del.3/11/2020Spectra Premium Industries Inc.20-10611Matthew B. McGuire
E.D.N.Y.3/11/2020110-27 165 Street Corp.20-41476Pro Se$0 - $50k$500k - $1M
E.D.N.Y.3/11/2020Throop Ventures, LLC (Second Filing)20-41478Vivian Sobers, Esq$1M - $10M$1M - $10M
W.D. Tex.3/11/2020Salubrio, LLC20-50578Martin Seidler$1M - $10M$1M - $10M
S.D. Fla.3/11/2020Adria MM Productions, Ltd.20-13300Vincent F. Alexander$1M - $10M$1M - $10M
S.D. Fla.3/11/2020Advanced Power Technologies, LLC20-13304Bradley S. Shraiberg$1M - $10M$1M - $10M
D.N.J.3/11/2020MODELL'S CT II, INC.20-14182Michael D. Sirota$1M - $10M$10M - $50M
D.N.J.3/11/2020MODELL'S DC II, INC.20-14193Michael D. Sirota$1M - $10M$1M - $10M
D.N.J.3/11/2020MODELL'S DE II, INC.20-14194Michael D. Sirota$1M - $10M$100k - $500k
D.N.J.3/11/2020MODELL'S II, INC.20-14195Michael D. Sirota$10M - $50M$100M - $500M
D.N.J.3/11/2020MODELL'S MARYLAND II, INC.20-14197Michael D. Sirota$10M - $50M$1M - $10M
D.N.J.3/11/2020MODELL'S MASSACHUSETTS, INC.20-14202Michael D. Sirota$1M - $10M$10M - $50M
D.N.J.3/11/2020MODELL'S NH, INC.20-14206Michael D. Sirota$100k - $500k$1M - $10M
D.N.J.3/11/2020MODELL'S NJ II, INC.20-14178Michael D. Sirota$10M - $50M$1M - $10M
D.N.J.3/11/2020MODELL'S NY II, INC.20-14208Michael D. Sirota$100M - $500M$10M - $50M
D.N.J.3/11/2020MODELL'S ONLINE, INC.20-14209Michael D. Sirota$1M - $10M$1M - $10M
D.N.J.3/11/2020MODELL'S PA II, INC.20-14211Michael D. Sirota$10M - $50M$1M - $10M
D.N.J.3/11/2020MODELL'S SPORTING GOODS, INC.20-14179Michael D. Sirota$500k - $1M$1M - $10M
D.N.J.3/11/2020MODELL'S VA II, INC.20-14212Michael D. Sirota$500k - $1M$10M - $50M
D.N.J.3/11/2020MSG LICENSING, INC.20-14213Michael D. Sirota$0 - $50k$1M - $10M
Featured Article

The U.S. Stock Market Crash Will Bankrupt These 3 Companies

Coronavirus is plauging the stock markets, pushing Royal Caribbean Cruise, American Airlines and Occidental Petroleum close to bankruptcy.

This year has turned out to be a roller coaster ride for the U.S. stock market. As the coronavirus pandemic continues to devastate the global economy, Royal Caribbean (NYSE:RCL), American Airlines (NASDAQ:AAL), and Occidental Petroleum (NYSE:OXY) could go belly up.

Having lost more than half of its value over the past year, Royal Caribbean Cruise bounced back Tuesday on hopes of a bailout. But President Trump’s assurances to cruise line companies won’t matter for Royal Caribbean.

Read the full article

CCN by Ayush Singh. Published March 11th, 2020.

Latest News

Bankruptcy Court Closes Chapter 11 Cases Even with an Appeal Pending and Over the Objection of the U.S. Trustee

Viking Cruises Suspended Operations Worldwide Due to the Coronavirus, as Infections Ravage the Cruise Industry

Deathwatch Begins For The Subprime Of Shale Oil Drilling

American Airlines May Fly into Another Bankruptcy Soon

Valaris - Prepare For Bankruptcy After Recent Events

Modell's Sporting Goods Files for Bankruptcy, will Close All Stores

Foresight Energy Declares Chapter 11 Bankruptcy

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