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Friday, May 8, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



These 27 retailers could file for bankruptcy as pandemic roils the industry

Can these 13 retailers survive coronavirus? Permanent store closings, bankruptcies coming

Hertz prepares to file bankruptcy if deadline is missed

Norwegian Cruise Line Stock Plunges 20% After Company Warns Of Possible Bankruptcy

Norwegian Cruise Line Raises Over $2 Billion After Warning Of Possible Bankruptcy

Lord & Taylor may file for bankruptcy and liquidate stores when they reopen

Tuesday Morning Considers Bankruptcy Amid Store Closures

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

J. Jill downgraded on 'very dim turnaround prospects'

J. Jill reportedly hires advisers for help on balance sheet

The Bankruptcies Are Coming - What Should I Be Doing To Avoid Preference Exposure?

Retail Restructuring News



Here’s Why It Takes So Long For Retailers To File For Bankruptcy

Department stores were the original retail startups. Now they’re headed for the grave

What Does it Mean When a Store Files for Bankruptcy Protection?

Modell's Granted Second Suspension of Bankruptcy Amid COVID-19

Lord & Taylor reportedly prepping to liquidate

Francesca's issues 'going concern' warning

L Brands, Sycamore call off their Victoria's Secret deal

How J. Crew's bankruptcy sets the stage for a 'shakeout' in retail

Notable Filings



J. Crew Retains Omni Agent Solutions as Claims, Noticing, and Administrative Agent

J.Crew Group has filed for bankruptcy

J. Crew files for bankruptcy, the first national retail casualty of the coronavirus pandemic

John Varvatos Enterprises Retains Omni Agent Solutions as Claims and Noticing Agent

Rock-Star Outfitter John Varvatos’s Firm Files for Bankruptcy

Neiman Marcus files Chapter 11

Bodybuilding Favourite Gold’s Gym Files For Chapter 11 Bankruptcy Protection

Archdiocese of New Orleans files for bankruptcy

Shoe Chain Aldo Seeks Bankruptcy Protection to Trim Debt

Legal Issues



Is United Cannabis Far Enough Removed From Marijuana to Receive Federal Bankruptcy Protection? Why the United Cannabis Bankruptcy Proceeding is an Important Test for the Industry

Can a State Law Tax Foreclosure Sale Be Avoided in Bankruptcy?

Introduction to Bankruptcy Litigation

Property Owner Bankruptcies and Personal Guaranties: What’s Next?

When Insureds, Intermediaries and Business Partners File for Bankruptcy: Key Points for Non-US Insurers

Feature Articles



U.S. Bankruptcies Fall in April, but Commercial Chapter 11 Filings Rise

Can Bankruptcy Help Businesses Survive COVID-19?

What effect will COVID-19 have on consumer bankruptcies?

More businesses file for bankruptcy amid coronavirus; experts describe options

Bankruptcy proves to be another problem for the PPP fund

You Down with PPP? Not (Necessarily) If You’re in Bankruptcy

Coronavirus has rocked America’s economy - and it’s had a surprising effect on bankruptcy filings

Law Firms Gear Up for Expected Jump in Bankruptcies Triggered by Coronavirus

Personal Income decreased 2.0% in March, Spending decreased 7.5%

Thousands To File For Bankruptcy: What All CFOs Should Know

McClatchy asks bankruptcy judge to set July 23 sale deadline, hints at consolidation

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