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Friday, January 7, 2022

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Long Beach, N.Y., Approves Tentative Deal to Stave Off Bankruptcy

Credit Suisse to Cut 69 N.Y. Staff Amid Prime-Services Exit

Wind Power Investors Claim Bankruptcy Looms Without Incentive Tariffs

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Retail Restructuring News



The Inside Story Of How Jessica Simpson Launched, Sold Then Re-Acquired Her Billion Dollar Retail Empire From Bankruptcy

GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan

Bed Bath & Beyond Is Closing More Stores in 2022. Here’s a Map of Locations.

Bed Bath & Beyond Announces Layoffs

GameWorks Closes Permanently, Citing Pandemic-Related Economic Woes

Notable Filings



Clinics Associated with Galesburg Cottage Hospital File for Bankruptcy

Amid Wrongful-Death Claims and Unpaid Fines, Iowa Nursing Home Chain Files for Bankruptcy

Legal Issues



U.S. Supreme Court: Flip-Flopping On Constitution’s Bankruptcy Clause

New Arizona Law Expands Rights of Judgment Creditors

Puerto Rico Bankruptcy Judge Rejects Credit Union Fraud Claims

Feature Articles



Purdue, NRA and Boy Scouts: Bankruptcies That Defined 2021

Bankruptcy and Compliance

Five Questions Facing the Economy in 2022

Distressed Hotels: Financial Restructurings and Bankruptcy

Purdue Pharma Plans Appeal of Ruling Nixing Its Opioid Settlement, Liability Shield

Billionaire Lucio Tan’s Philippine Airlines Exits Bankruptcy, Poised to Recover from Pandemic Losses

Former Billionaire Suing Montana over Forced Bankruptcy

Does Bankruptcy Rule 3002.1’s Remedy Provision Apply for Filings with Inaccurate Information?

Talc, Airlines and Energy at Center of Bankruptcy Cases to Watch in 2022

From Cipriani to the Princeton Club: Can These NYC Icons Make It Through 2022?

J&J Says There’s ‘No Basis’ for Demands from Talc Claimants

What Social Trends Told Us About the American Economy in 2021

Shurwest Bankruptcy Reveals Alleged Fraud

Fifth Circuit FDCPA and Consumer Bankruptcy Rulings for 2021

‘2022 Could Be the Year of Financial Reckoning’: Bankruptcy Cases Fell Dramatically in 2021, but New Challenges Await.

Not So Fast! How Poor Planning Can Doom Your Chapter 11 Filing.

Puerto Rico’s Retirement-Plan Woes Persist as Bankruptcy Nears End

Can the Federal Reserve Engineer a Soft Landing for the US economy?

DeFi Startup Earnity Accused of IP Fraud in Cred Bankruptcy

Retirement Communities Lose Residents, Attract Muni Investors

One-Time Most Expensive House for Sale in America Will Be Auctioned Amid Bankruptcy Proceedings

Museum: Queen Mary Model Costs Deserve Priority in Bankruptcy

Understanding Payment Disputes in Bankruptcy Between Project Participants During and After Completion of Construction Projects

Las Vegas Contractor Bankruptcy Puts 13 Construction Creditors at Risk

Corporate Bankruptcy Wave Turns to Dust, Defying Expectations

What a Difference a Few Days Make

Boy Scouts of America Falls Short in Bid to Emerge from Sex-Abuse Bankruptcy

U.S. Private Payrolls Surge as Omicron Threat Looms over Economy

Automatic Stay Considerations When Businesses File for Bankruptcy

Owner of Olympus Pools Asks Bankruptcy Judge to Toss Millions in Claims from State, Customers

Bankruptcies Continue To Decline

Boy Scouts of America Bankruptcy Plan Misses Mark in Vote by Abuse Claimants

Heidi Sorvino Elected President of TMA's New York City Chapter

The Economy Is Booming. 5 Reasons that Could Change in 2022.

Former NFL Player Auctioning off Super Bowl Ring After Bankruptcy

Expiration of Certain Bankruptcy Code Amendments in the Consolidated Appropriations Act of 2021

GE Capital, Synchrony Bank Customer Bankruptcy $8.5M Class Action Settlement

US Economy Added Just 199,000 Jobs in December as Unemployment Rate Fell to 3.9% Amid COVID Surge

Mallinckrodt Makes Final Plea for Approval of Bankruptcy Opioid Deal

Bankruptcy, Insolvency & Rehabilitation Proceedings in Italy (Updated)

Repsol Acquires Marcellus Assets in Rockdale Bankruptcy

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