Omni Logo
Friday, June 12, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings

Illinois Will Be The Poster Case For State Bankruptcy

Chuck E. Cheese Seeks Loan For Debt Payment

Bloomberg: Ascena mulling a potential bankruptcy

Tailored Brands says it may have to file bankruptcy if COVID-19 crisis wears on

Men’s Wearhouse parent company considering bankruptcy

Brooks Brothers Is Likely On The Edge Of Bankruptcy

Chesapeake Shares Halted After Insane Market Action; Bankruptcy Filing Believed Imminent

S&P Downgrades 24 Hour Fitness Debt Rating As Clubs Reopen And Potential Bankruptcy Looms

Chuck E. Cheese Parent Aims to Avoid Bankruptcy

Shale pioneer Chesapeake plans bankruptcy as options dwindle

Chesapeake’s billion-dollar hedge and the bankruptcy question

Party City tries to pivot as Q1 loss tops half a billion dollars

RTW Retailwinds says bankruptcy is 'probable'

Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom

View All Filings
Retail Restructuring News

US retail sales to decline 10.5% in 2020: eMarketer

Permanent store closures could hit 25K in 2020, Coresight says

Simon Property Sues Gap Over Rent Stoppage During Pandemic

Simon pulls out of $3.6B Taubman deal

JCPenney Losses More Than Tripled Ahead Of Bankruptcy Filing

Private Equity Firm in Talks to Buy Out Bankrupt JCPenney, Says Report

2 Top Mall REITs Might Buy J.C. Penney Out of Bankruptcy

Reuters: Sycamore Partners in early acquisition talks with J.C. Penney

Macy's dodges bankruptcy by securing $4.5 billion in financing

What's Victoria's Secret's next move?

Signet to close nearly 400 stores

The Children's Place to close 300 stores

Notable Filings

Was Hertz’s Bankruptcy And Layoffs Necessary: The Role Securitization Played

Gordmans files bankruptcy, store liquidation beginning

Maines Paper & Food Service in Broome County files for Chapter 11 bankruptcy

Major distributor to national chains files for Ch. 11 bankruptcy

Texas Frac Sand Firm Files For Chapter 11 Bankruptcy

US oil and gas companies file for bankruptcy amid depressed prices

Legal Issues

Ninth Circuit Affirms that Liens Pass Through Bankruptcy Even if Underlying Claim is Disallowed

Bankruptcy Courts Continue to Accept Equitable Arguments for Deferring Rent Payments During the COVID-19 Pandemic

Supreme Court Clears Bankruptcy Restructuring of Puerto Rico Government Pension Plans

Sale of claims in bankruptcy case fails to win judge's OK

Small-business owners considering bankruptcy may be shocked to learn they could lose their homes

How Can A "Special Purpose Entity" Borrower Ever File Bankruptcy If Independent Directors Must Approve The Filing?

Feature Articles

Chapter 11 bankruptcy numbers higher than 2019 due to coronavirus

Bracing for the next phase of the coronavirus recession: Bankruptcies

Japan Bankruptcies Hit Lowest Since the 1960s: What Gives?

Pre-Bankruptcy Retention Bonuses - At Hertz, Penney, Libbey, Others - Are Rampant

Hertz Looks to Sell Up to $1 Billion in Shares to Fund Bankruptcy

PG&E plans $5.75 bln equity raise to fund bankruptcy exit

Is Avis Budget Group Safe Despite Hertz’s Bankruptcy?

Oil & Gas Companies Seek More Insurance for Claims Linked to Bankruptcies

Muni bond investors face a day of reckoning with the pension crisis that’s crippling many U.S. cities

How to Prepare for Franchisee Bankruptcies During COVID-19

Amid Bankruptcy Wave, Mercer Law Launches to Represent Creditors, Nonbank Parties

Omni Agent Solutions is committed to helping you develop new business. We strive to be a value-adding partner — from hosting annual business development summits to our weekly newsletters, we are always available to make introductions and referrals, provide information and assist with new projects.
We appreciate your consideration for any new potential opportunities.
Hope everyone has a great weekend and fantastic upcoming week!
© 2020 Omni Agent Solutions. All Rights Reserved