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Friday, October 16, 2020

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Philadelphia Inquirer To Lay Off 500

Maersk To Lay Off 2,000 In Business Shake-up

Moorestown Mall Owner May Face Bankruptcy, Pending $150M Deal

Troubled Mall Owner PREIT Says It Could Have To File For Bankruptcy To Borrow $150M

Analyst Predicts More Movie Misery Until 2022 As Theater Chains Reduce Operations, Warn Bankruptcy Risk

AMC Entertainment May File For Bankruptcy For Real As Reopening Stalls

Fourth-generation Movie Theater Operator Says Chain Is Months From Bankruptcy

Dave & Buster's Set To Lay Off More Than 300 Michigan Workers In November

Six Flags To Lay Off 10% of Its Full-time Employees

Tropicana Las Vegas Laying Off More Than 800 Employees

Nugget Casino Resort Laying Off Over 150 Employees

Carnival Corporation: Bankruptcy Is Still An Option

Health insurer Premera Cuts 285 Jobs

Pandemic Squeezing Hospital Budgets, Pushing Many Into The Red

Jefferson University Cutting 500 Jobs

Bed Bath & Beyond Just Made a Major Change To Stay Afloat

Pub Group Marston's Could Cut 2,150 Jobs After New UK Virus Curbs

Vietnam Airlines Reports Huge Losses

Khazanah To Liquidate Malaysia Airlines As Last Resort

Eastar Jet To Lay Off More Than Half of Its Remaining Workforce

View All Filings
Retail Restructuring News



Retailers Brace For More Pandemic Trouble

JCPenney Bankruptcy Heads For Sale At Last

GNC’s Bankruptcy Plan Approved After $770 Million Sale to Harbin

Centric Brands Exits Bankruptcy

French Connection Loss Widens On COVID-19 Hit

Notable Filings



Emergent Capital Files For Bankruptcy

NinePoint Medical, Inc. Chapter 11 Filing

Cyc Fitness and YogaWorks Just Filed For Bankruptcy

MD America Enters Restructuring Support Agreement, Files Prepackaged Chapter 11

Beamable Files For Chapter 11 But Will Still Pursue Game Monetization Business

Mallinckrodt Files For Bankruptcy Protection Amid U.S. Opioid Litigation

Sizzler Steakhouse Files for Chapter 11 Bankruptcy

Walker Manufacturer Krieger Craftsmen Files For Chapter 11 Bankruptcy

Diocese Of Rockville Centre Declares Bankruptcy

Legal Issues



Flip Clause Payments To Lehman Brothers Noteholders After Termination of Swap Agreement Safe Harbored In Bankruptcy.

Bankruptcy Judge Approves $3 million For 4,000 Former Shopko Workers Promised Severance

The Whistleblower’s Show Can Go On: Georgia Supreme Court Allows Complaint To Proceed Despite Inconsistent Bankruptcy Filing

Mazer-Marino To Become New U.S. Bankruptcy Judge In Brooklyn

Delaware Bankruptcy Court Rules That Bankruptcy Blocking Right In Debtor's Corporate Charter Violates Federal Public Policy

FERC Seeking Vehicle To Gain National Ruling On Role In Bankruptcy Cases.

Southern Vermont College In Bankruptcy Court

Bankruptcy Decision's Analysis of Surety's Rights In Bankruptcy and of Bonds As Executory Contracts Raises Concerns

Bankruptcy Judge Rules In Support of Zayat Receiver

Bankruptcy Hearings For Monorail Begin Tuesday

Squaring Impoundment With Federal Bankruptcy Procedure

U.S. Supreme Court Hears Case On Whether Drivers Can Get Cars Back From Chicago Auto Pound After Filing For Bankruptcy

Ruling Allows Victims To Sue Archdiocese Over Millions Transferred To Parishes

Feature Articles



Bankruptcies Show A Surprising Decline

Here Are The Big Businesses That Filed for Bankruptcy During COVID

Big Data Meets Bankruptcy.

New Study Predicts Gloomy Economic Times Ahead For Americans

California Resources Bankruptcy Said Unlikely To Impact Abandoned Well Cleanup

Straddle Year Federal Income Taxes Entitled To Administrative Priority In Bankruptcy

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

Bankruptcy, Default, Legal Woes Jolt Big Fremont Complex

With Bankruptcies Mounting, Faltering Oil and Gas Firms Are Leaving a Multi-billion Dollar Cleanup Bill to the Public

Down And Out: Bankruptcy Valuations Portend Production Declines

As Oil Bankruptcies Surge, Vulture Investors Start Their Long Feast

Groups Seek to Undo FirstEnergy Solutions' Bankruptcy Following Corruption Allegations

Hermitage Offshore’s Fleet Sold in Bankruptcy Proceeding

Apollo Approved for $1 Billion Aeromexico Bankruptcy Loan

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