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Friday, June 17, 2022

Bankruptcy Today Weekender

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

Potential Chapter 11 Filings



Law Firm Lays Off 10% of All Timekeepers Due to 'Decrease In Demand'

BlockFi, the Peter Thiel-Backed Crypto Lending Start-Up, Cuts 20% of Its Staff as Bitcoin Plunges

Will Coinbase Go Bankrupt?

Global Logistics Provider Neovia Cutting Nearly 100 Jobs in Pennsylvania

Crypto.com Cutting 5% of Workforce Amid Digital Asset Downturn

Is One of the Biggest Crypto Lenders Insolvent? A Rival Thinks So

Lending Platform Celsius Network Heading for Insolvency?

OneTrust Cutting 950 Jobs, Blames Falling Investor Interest

Redfin Laying Off 8% of Its Staff

Elon Musk Says Lucid and Rivian Are "Tracking Toward Bankruptcy"

Amid Fears of Coinbase Going Bankrupt, CLO Says 'Your Funds Are Safe'; Company to Lay Off 18% Workforce

Three Arrows Faces Possible Insolvency After Unforeseen Liquidations

Celcius Reportedly Hiring 'Restructuring Lawyers' as Bankruptcy Speculation Mounts, CEL Pumps & Dumps

Bankruptcy Specialist Trying to Save $12 Billion Crypto ‘Bank’ Made Its Name Saving Sears

Rivian Delays Delivery Again, Musk Forecasts Bankruptcy

With Bankruptcy on the Horizon, Sturgis City Commission to Consider $645,000 Loan for Hospital

Tesla's 10% Staff Cuts Have Kicked Off, with Ex-Employees Confirming on LinkedIn that They've Been Laid Off

Real Estate Firms Compass and Redfin Announce Layoffs as Housing Market Slows

Warner Bros Discovery to Cut Nearly 1,000 Ad Sales Jobs

Stellantis to Lay Off Workers at Sterling Heights Stamping Plant

Life Science Firm Is Laying Off 76 Workers at North Carolina Manufacturing Plant

Logistics Firms Stord, FarEye Shock Workforces with Mass Layoffs

Rehab Plan Didn't Suffice. Southern Fidelity Sinks into Insolvency.

With Bankruptcy on the Horizon, Sturgis City Commission to Consider $645,000 Loan for Hospital

View All Filings
Retail Restructuring News



Best Buy Downgraded as Consumers Tighten Their Belts amid High Inflation

Notable Filings



Cosmetics Giant Revlon Files for Chapter 11 Bankruptcy Protection

EV Maker Electric Last Mile Solutions Files for Bankruptcy

Auro Technologies Files for Bankruptcy

ESJ Towers Inc. Files for Ch. 11 Bankruptcy, Citing $39M in Debt

Embattled NJ Developer Files for Bankruptcy

Mexico’s Altan Redes Files for Bankruptcy

'Simply Mac' Apple Partner Closing Due to Bankruptcy

Iron Horse Hotel Files to Reorganize Finances Under Chapter 11 Bankruptcy Protection. Its Debts Include a $2 Million Federal Loan

National Realty Investment Advisors Lands in Bankruptcy

Home Décor Outlets Files for Bankruptcy but Fails to Notify Customers

Board Dissolves San Antonio Symphony, Will File for Bankruptcy

Philly's 'Mega' Files for Bankruptcy Protection, Hires Rafson to Market Stations

Legal Issues



LATAM Airlines Seeks Bankruptcy Court Approval for $2.75 Billion in Exit Loans

FERC v. The Bankruptcy Court: The Latest in a Decades-Long Jurisdictional Turf War

Bankruptcy Judge Will Consider Re-Opening some J&J Talc Cases

Armstrong Flooring Inc. Unions Urge Bankruptcy Judge to Deny Bonus Plan for Managers

Brazos Bankruptcy Judge Rejects Arbitration for $770 Million Contract Claim

Supreme Court Resolves Split on U.S. Trustee Fees

Adjust Your Focus When Due Process Requirements Are Blurry: Third Circuit Finds Kodak’s Notice of Publication Sufficient for Unknown Tort Claimant

Feature Articles



Companies Stretch Limits of Small Business Bankruptcy Eligibility

Restructurings of Continuing-Care Retirement Communities

Here’s What You Need to Know About America’s Super-Hot Inflation

The Quickly Changing Landscape of Latin American Aviation

Bifurcated Fee Enforcement Guidelines - Department of Justice

Subscription Finance: Rated Note Feeder Funds and Debt Capital Commitments

Chapter 13 Bankruptcy: What Is It, and Would It Help You?

Bankrupt Nursing Home Chain Gulf Coast Says It Has New Deal with Creditors

Why did BSA File for Bankruptcy? Cause Explored Ahead of Hulu Documentary Leave No Trace

Will the Armstrong Flooring Brand Survive Chapter 11? That May Be All that Does.

U.S. Constitution’s Bankruptcy Clause: On A Roll!

Bankruptcy Trustee to Auction a 155-Mile Short-Line Freight Railroad in Colorado’s San Luis Valley

Inside Johnson & Johnson’s Bankruptcy Two-Step

Acorn Sign Graphics Revived After Bankruptcy Auction

The Reason This EV Startup Declared Bankruptcy

Saab's Bankruptcy Saviour that Never Made It

Federal Reserve Raises Interest Rates by 0.75%, Most Since 1994, Amid Effort to Slow Inflation

Who Are the Winners and Losers of the Fed Hiking Interest Rates?

Latam Arranges Loans Needed to Exit Bankruptcy

Mallinckrodt Announces Anticipated Chapter 11 Emergence and Provides Update on Trading of New Ordinary Shares

Bankruptcy Trustee to Auction a 155-Mile Short-Line Freight Railroad in Colorado's San Luis Valley

Famous Trademark Not Abandoned After Original Owner’s Bankruptcy

The U.S. Economy Is Confusing Everybody-Including the Federal Reserve

Mallinckrodt Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Financial Flexibility

Bankruptcy System Faces Gov't Backlash

Intelsat Looks to Wrap Bankruptcy Claims

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