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Saturday, October 3, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



These Two Beloved Pizza Chains Are Close To Bankruptcy

Filmmakers Say 69 Percent of Small Movie Theaters Could Close Due to the Pandemic

H&M to close 250 stores next year

The 5 worst-timed retail decisions of 2020

Retail on pace for the most bankruptcies and store closures ever in one year, BDO says

These retailers announced hundreds of store closures in September

View All Filings
Retail Restructuring News



The Biggest Bankruptcies in Retail History

Bankruptcy Was Top Theme among Influencer Conversations on Department Stores

As Retailers Struggle, Layoffs Follow

Retail decline continues with bankruptcies and closures sped up by pandemic

The Traits That Will Pull Retailers Out of Chapter 11

Remington Auctioned Off to Seven Bidders in Bankruptcy Court

Neiman Marcus emerges from Chapter 11 bankruptcy

S&P Global Ratings sees slow recovery ahead for Neiman Marcus

Sycamore Partners reportedly bids on Ann Taylor and other Ascena assets

Charming Charlie brand opens its first store after liquidating in 2019

Bed Bath & Beyond reports first comps growth since 2016

Notable Filings



Oasis Petroleum files for bankruptcy

Miami developer Metronomic files for bankruptcy

Diocese of Camden Files for Chapter 11 Bankruptcy Amid Pandemic, Lawsuits.

Long Island Diocese Seeks Bankruptcy Protection Following Wave of Abuse Lawsuits

Denver flooring wholesaler franchisee files for Chapter 11 bankruptcy

Legal Issues



Do creditors violate the automatic stay by passively retaining a debtor’s property?

When Arbitration Meets Bankruptcy: Considering Arbitration Options in the Wake of a Growing Rise in Corporate Insolvencies

Court Approves Sale of Assets to Third Party Despite Stalking Horse Bad Faith Allegations Against Purchaser

Victims Committee Asks Court to Subpoena Boy Scouts Records, Rosters, and Financial Information

Sex Abuse Victims Committee Wants Subpoenas Authorized For Boy Scouts Records

Feature Articles



After The Covid-19 Deluge, A Bankruptcy Tidal Wave?

New York bankruptcies reportedly surge 40% during pandemic

These restaurant companies filed for bankruptcy during the pandemic

U.S. employment growth slows in September; unemployment rate drops to 7.9%

Creditor-Debtor Cooperation Thriving During Pandemic

Executives risk wealth loss as bankruptcies increase

Some Lehman Brothers Lenders Set for Payday 12 Years After Collapse

Oil bankruptcies could shift clean-up bill to US taxpayers

Land Drilling Optionality? Opportunities In Latest Oil & Gas Bankruptcy Cycle

Coal firm Blackjewel files plan to exit bankruptcy, but questions remain

OneWeb secures additional financing as bankruptcy restructuring continues

U.S. judge sends OneWeb’s rescue plan to vote and okays financing

Garrett Motion Bondholders Said to Discuss Rival Bankruptcy Loan

Thomas Health Emerges From Bankruptcy, Keeps Hospitals Open

Bankruptcy judge approves selling Remington assets to seven buyers

Understanding Chapter 13 Bankruptcy For Independent Business Owners In Need

White & Case Hires Co-Leaders of Sidley Bankruptcy Practice

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