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Friday, July 31, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Tailored Brands Says Bankruptcy ‘Likely’

J.Jill Expects to Shutter More Stores as Potential Bankruptcy Looms

Cities hit hard by the COVID-19 pandemic face bankruptcy

Bloomberg: Mall owner CBL prepping a Ch. 11 filing

Lands' End issues 'going concern' warning as it looks to refinance debt

Six Flags Entertainment: Don't Expect Bankruptcy In The Near-Term

View All Filings
Retail Restructuring News



Which retailers have taken the hardest financial hits from COVID-19?

Mall Owners Look to Acquire Tenants Out of Bankruptcy

How Ascena went bankrupt

Bankrupt Ascena to close more than 1K stores

Sycamore Partners Could Acquire J.C. Penney. Its Stock Soared on the News

JCPenney Moving Forward With Sale, Attorney Tells Bankruptcy Judge

Neiman Marcus moves closer to its bankruptcy exit

J. Jill to close stores as Q1 sales, profits plunge

Bankrupt Retailers’ IP Assets Draw More Demand in Online Shift

Notable Filings



Big chains filed for bankruptcy and closed stores every week in July. Here are 9 of them

Permian Oil Driller Rosehill Files for Bankruptcy Protection

Ebony Magazine owners forced into bankruptcy

Historic black media Ebony and Jet magazines set for bankruptcy battle

One of America’s Oldest Gun Makers Files for Bankruptcy for 2nd Time

Moustache Brewing among the few LI firms turning to bankruptcy

Denbury Resources to File Prepackaged Bankruptcy Plan

Hamptons Il Mulino, six other non-NYC locations file for bankruptcy

Ann Taylor, Lane Byant owner files for bankruptcy

Carriers owed thousands after lumber processor files for bankruptcy

California Pizza Kitchen files for bankruptcy

Legal Issues



Congress Again Considers Expanding Worker Protections in Bankruptcy

Acquisitions of Firms in Bankruptcy Are Subject to the Antitrust Laws

Taxes A Big Issue When Clients File For Bankruptcy

Feature Articles



Hertz will pay lenders $650 million to resolve dispute over fleet reduction

The Fed's balance sheet could rise to nearly $20 trillion

Law firms are staffing upon bankruptcy lawyers in anticipation of a post-COVID-19 boom

Bankruptcy Practices Scour Field for Resources on Rising Demand

The Ins And Outs Of The New Small Business Bankruptcy Option

Harvey Weinstein Wants Bankruptcy Court to Take Over Rejected Sexual Misconduct Settlement

Calais hospital wants to temporarily exit bankruptcy so it can qualify for PPP loan

Bankrupt CRC owes Kern $26 million in back taxes

Purdue Pharma ordered to stop some political contributions during ongoing bankruptcy case

Investment firm acquires Bamboo Sushi parent out of bankruptcy

Bankruptcy court judge moves St. Alexius Hospital sale forward

Briggs & Stratton Investors Are Being Wiped Out By Bankruptcy Liquidation

Kentucky Bankruptcies Dropped Last Quarter. It’s The Calm Before The Storm

Chapter 11 Bankruptcy Statistics On U.S. Shale Patch Are Not The Best Barometer To Gauge Industry’s Future

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