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Friday, November 19, 2021

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings

AMC May Be Headed for Bankruptcy

Brookfield Faces ‘Imminent Default’ on Chicago Office Building

Solar-Car Maker Skirts Insolvency by Seizing On EV Stock Frenzy

View All Filings
Retail Restructuring News

How Retail Ownership Is Changing in the Pandemic

Macy’s to Announce 10 Store Closures in January While Delaying Other Closures

CVS Plans to Close 900 Stores

Kmart Is Closing Its Last Michigan Store; Will Have Only a Handful of US Locations by Year's End

Notable Filings

Muffin Mam Files for Bankruptcy

Five South Florida Businesses File for Bankruptcy, Including Sky Media Pay

Riverbed Technologies Files for Chapter 11 Bankruptcy Protection Following Pandemic 'Headwinds'

Alto Maipo Delaware LLC - Owners of Not Yet Operational Chilean Hydroelectric Facility File Chapter 11 with Over $1B of Debt

Legal Issues

Now Entering the Garden State: Judge Detours Bankruptcy Case of Johnson & Johnson Talc Subsidiary to New Jersey

New York Bankruptcy Court Rules that Good Faith Is Not the Gatekeeper to Chapter 15

Second Circuit Adopts "Control Test" for Imputation of Fraudulent Intent in Bankruptcy Avoidance Litigation

Judge Poised to Jail N.Y. Real Estate Lawyer over Bankruptcy Docs

Another Bankruptcy Court Joins the Debate on the Validity of Bankruptcy Blocking Restrictions

Bankruptcy Judge Threatens to Arrest ‘Fraudster’ Ex-Queen Mary Operators in Alleged PPP Loan Scam

Congress Advances Legislation To Limit Nondebtor Bankruptcy Relief

Bankruptcy Court Filing Accuses Camden Diocese of Concealing Assets

Second Circuit Affirms that Some Private Student Loans Are Dischargeable in Bankruptcy

Feature Articles

Announcement of Retirement of Judge Christopher Sontchi

CWT Exits Chapter 11 Bankruptcy One Day After Filing

Just Energy Initiates Litigation Against ERCOT and the PUCT in Texas Bankruptcy Court

Janet Yellen Warns of 'Global Trading Consequences' from China's Billions in Real Estate Debt

Bankruptcy Trustee for Decatur Celebration Looking at 'Malfeasance' Claims

Limetree Bay Pauses Purging Amid Bankruptcy

Stunning but Bankrupt NYC Hotel Gets Second Chance

Boy Scouts Scramble for Damage Control After ‘inflammatory’ Email to Survivors

Critics Say Puerto Rico's Bankruptcy Deal Will Endanger Funds for Public Services

This Day In Market History: Burlington Industries Bankruptcy

Remington Arms Returns from Bankruptcy and Moves to Georgia

Just Energy Initiates Litigation Against ERCOT and the PUCT in Texas Bankruptcy Court

OneWeb Paid Almost $50M in Investors’ Fees for Bankruptcy Deal

Intelsat Creditors Attack Bankruptcy Plan, Say Board Conflicted

Jones Day’s Business Restructuring Review | Vol. 20, No. 6 | November-December 2021

Congress Advances Legislation to Limit Nondebtor Bankruptcy Relief Gains

Fed Needs to Raise Rates First and Worry About Its Balance Sheet Later, Economist Stephen Roach Says

Breaking News: Johnson & Johnson Mesothelioma Lawsuits Put on Hold

CWT Emerges from Bankruptcy with $100 Million to Invest in Business Travel Tech

Casa Bonita Sold Out of Bankruptcy to ‘South Park’ Creators

Boy Scouts Survivor Committee Lawyers Face Call for Dismissal from Bankruptcy

Six-Year Fight to End with Williamsburg Bankruptcy Sale

Recharacterization, Equitable Subordination, and Marshaling in Bankruptcy

Who Knew About Bribes Paid During FirstEnergy Solutions’ Bankruptcy and House Bill 6 Bailout Campaign?

The Boy Scouts Are Abusing the Bankruptcy System

U.S. Economy Regaining Speed as Unemployment Claims Fall; Manufacturing Surges

Protecting Against Insolvency Risks related to Customers and Suppliers

Lawyer Facing 'World of Financial Claims' Could Be Jailed for Refusing to Turn over Records in Bankruptcy

This Once-Popular Burger Chain Continues Its Losing Streak

Six Bikram's Yoga Cars Gross $250,000 in Bankruptcy Auction

U.S. Hospitals Face Financial Reckoning as Federal Aid Dwindles

Seadrill Picks New Board Members With Chapter 11 Emergence Nearing

Lessons Learned from the Lehman Bankruptcy

Lawyer’s Insulting Tweets Disrupt Boy Scouts Bankruptcy Vote

Apollo Among Investors Getting $375 Million on Hertz Bond Sale

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