Bankruptcy & Restructuring News Headlines for Friday Aug 5, 2022

Here's what we are reading this morning:

FERC Turf War With Bankruptcy Courts Persists Despite Losses: Energy industry players in the US have been increasingly assured that their federally regulated contracts can be rejected through bankruptcy without approval from the Federal Energy Regulatory Commission, but the agency may still fight tooth and nail along the way.

AMC to Issue Dividend in Form of ‘Ape’ Preferred Shares - WSJ: The cinema chain, a darling of meme-stock investors, plans to issue a dividend to all common shareholders in the form of preferred shares, after it had difficulty issuing more common shares.

Latter-day Saint Boy Scout abuse settlement rejected by judge - Axios Salt Lake City: A bankruptcy judge said $250 million didn't exempt the church from lawsuits over abuse outside Scouting.

Voyager Digital Is Cleared to Return $270 Million to Customers - WSJ: Cryptocurrency brokerage firm Voyager Digital secured approval to return $270 million in customer cash, settling one of the larger issues it faced after filing for bankruptcy.

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