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Bankruptcy & Restructuring News Headlines for Friday Apr 23, 2021

April 23, 2021

Here's what we are reading this morning:

New state unemployment claims fell last week to a new pandemic low. - The New York Times

J.C. Penney’s Michelle Wlazlo Talks Private Brands and Fall Plans – WWD

Puerto Rico Seeks Fall Timeline for Hearings on Debt Deal - Bloomberg

The office vacancy rate in Manhattan reached 16.3% in the first quarter of 2021 -- the highest since 1994

Foxconn's giant factory in Wisconsin sounded too good to be true. Turns out it was - CNN

Travis Kalanick's CloudKitchens Repeats Uber Playbook, Loses Staff - Insider

Once Crippled by the Pandemic, Airlines See a Fast Recovery Coming - The New York Times

Citi Sells Debt Backed by Perelman NYC Properties at Discount - Bloomberg

Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Material Impairments (Item 2.06) for the Week Ended Thursday Apr 22, 2021

Hertz Gets OK For Creditor Vote On Ch. 11 Plan - Law360




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