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Bankruptcy & Restructuring News Headlines for Friday Aug 7, 2020

August 07, 2020

Here's what we are reading this morning:

Department of Labor - Unemployment Insurance Weekly Claims Report (Released August 6, 2020)

52% of U.S. Air Travelers Now Uncomfortable Flying

Transocean Ltd. Announces Private Exchange Agreement Relating to Existing Exchangeable Bonds, Certain Internal Reorganization Transactions, and Evaluation of Potential Liability Management Transactions | Transocean Ltd.

J.Jill Announces Extended Forbearance

US Unemployment Benefits: Initial Applications Fall to 1.19 Million - Bloomberg

Job cuts announced by U.S. companies jump 54% in July: report - Reuters

Everything Went Wrong for Puerto Rico’s $475 Million Mall - Bloomberg

More Farmers Declare Bankruptcy Despite Record Levels of Federal Aid - WSJ

A Monthly Peek into Americans’ Credit During the COVID-19 Pandemic -Liberty Street Economics

Booking.com Restructuring Will Pare Its Workforce By Up to 25 Percent – Skift

In California, 57% filing for unemployment lost their jobs again

Recent COVID-19 Spike and U.S. Employment Slowdown | St. Louis Fed

CBL & Associates Made Missed Payments on 2023 & 2026 Notes: SEC Filing

Mutual funds cut valuations on Airbnb, Palantir, WeWork, Sweetgreen - Business Insider

Increased Consumer Interest in May Correlates with COVID-19 Hot Spots in June, According to the Yelp Economic Average




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