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Wednesday, November 24, 2021

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Greif Announces Layoffs

Bosch Workers Protest Against Factory Closures, Job Cuts

Time’s Up Will Lay off Most of Its Staff Ahead of ‘Major Reset’

View All Filings
Retail Restructuring News



Authentic Brands Puts IPO on Hold as It Brings in New Investors

Neiman Marcus Group Pumps Up the Ranks

Notable Filings



45-Year-Old Texas EMS Provider Files for Bankruptcy

Company Developing $90M Glass Recycling Plant Files for Bankruptcy

Legal Issues



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

Judge Backtracks on FirstEnergy Class Action Certification, for Now

Puerto Rico Bankruptcy Judge Gives DOJ Until February to File Comments

Feature Articles



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

Small Companies Struggle to Survive Extended Supply Crunch

Congress Advances Legislation to Limit Nondebtor Bankruptcy Relief

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

Intelsat Creditors Attack Bankruptcy Plan, Say Board Conflicted

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

Recharacterization, Equitable Subordination, and Marshaling in Bankruptcy

As US Cannabis Industry Grows, Produces Distress, Bankruptcy Relief Remains Limited

N.Y. Mega Bankruptcies to Get Random Judges After Purdue Furor

Restructuring Support Agreements: A Means to Eliminate Uncertainty in the Reorganization Process

Richmond Bankruptcy Attorney Sentenced in $800,000 Embezzlement

CCLD Rejects Several Defenses to Insurance Coverage of a Settlement Paid by Investment Fund

Talcum Cancer Victims Rebuff J&J’s Push for Settlement Talks

‘I Hope to Rebuild My Good Name’: Ex-Queen Mary Operators Take the Stand in Bankruptcy Case

Here's How Hertz Might Save Itself from a Catastrophic End

Delta to Receive 20% of New Shares of Aeromexico Under Restructuring Plan

Emerge to Grow: An FTI Consulting Report - Market Insights and Playbook for Achieving Profitability and Sustainable Growth Post-Bankruptcy

Not Since Americans Came Home from World War II Has Inflation Run Through the Economy like It Is Now

A Timeless Lesson of Circuit City's Bankruptcy: Solve the Right Problem

U.S. Economy Grew at a Revised 2.1% Annual Rate in Third Quarter

October Bankruptcies Rise but Remain Below Pre-Pandemic Readings

Ex-LeClairRyan General Counsel Gets Prison Time, While Firm Insurer Agrees to Pay $10M to Bankruptcy Trustee

Portsmouth Church Sues City Council, Claiming Its Actions Caused Housing Project to Fail and Church to File for Bankruptcy

Montgomery Mall Sells for $55M in Foreclosure Sale

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