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Friday, June 19, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Potbelly works to avoid bankruptcy

Is Brooks Brothers the next retail bankruptcy?

Chesapeake Energy to file for bankruptcy as soon as this week

Francesca’s again warns of possible bankruptcy

After News of Bankruptcy, What's Next for Chuck E. Cheese?

American Airlines May Be The First Airline Bankruptcy, But It Will Not Be The Last

Lufthansa Warns Bailout In Question, Bankruptcy Possible

Lands' End downgraded on refinancing uncertainty

Coronavirus Bankruptcies Are Coming

View All Filings
Retail Restructuring News



An Epically Bad Week for US Brick-and-Mortar Retailers and Landlords

Hard-hit retailers projected to shutter as many as 25,000 stores this year, mostly in malls

Retailers Considering Bankruptcy Should Look to CARES Act, Court Rulings

Neiman Marcus says it's on track to exit bankruptcy by fall

J.C. Penney begins liquidation sales at 136 stores in 37 states

J. Hilburn is about to exit Chapter 11 with a new owner

When a Retailer Files for Bankruptcy: Should You Continue Doing Business with Them?

Notable Filings



24 Hour Fitness files for bankruptcy and closes 100 gyms

Extraction Oil & Gas Files For Bankruptcy; Announces $125M Funding Plan

E-Learning Company Skillsoft Files for Chapter 11 Bankruptcy

Skillsoft Files Chapter to Ease $2B Debt Burden

Pyxus, Giant Tobacco Supplier, Files for Bankruptcy

First Big Tobacco company to enter hemp market files for bankruptcy

Proteus Digital Health, once valued at $1.5 billion, files for Chapter 11 bankruptcy

Pandemic forces Proteus into bankruptcy

Billion dollar foodservice distributor files bankruptcy

Rural North Texas Health System Files for Bankruptcy. Again

Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy

Legal Issues



Sanctions can be discharged in bankruptcy, 9th Circuit says

2nd Circuit Blocks Post-Bankruptcy Arbitration in Consumer Debt Dispute

Illinois Bankruptcy Court Takes First Swing at Applying Force Majeure to Nonperformance Due to COVID-19

Feature Articles



Bankrupt Hertz files to sell up to $500 million in stock, with warning they could be 'worthless'

Hertz: And Now for Something Completely Worthless

Hertz Moves Forward With First Ever Initial Bankruptcy Offering

Judge Tentatively Approves Pg&E Bankruptcy Exit Plan, Will Issue Final Ruling On Friday

Murray Energy bankruptcy still casts shadow on coal’s economic viability

KKR to Buy Borden Dairy Out of Bankruptcy

Bankruptcy Judge Slashes Rent Due By Restaurant Tenant During COVID-19

Bankruptcy Alternatives for the Cannabis Industry

Financial And Advisory Firms Retool For Bankruptcy Surge

Hong Kong Bankruptcy Filings Surge to 17-Year High

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