Bankruptcy & Restructuring News Headlines for Friday Jun 11, 2021

Here's what we are reading this morning:

Headliners and Headdresses Return to Las Vegas. Will Tourists Follow? - The New York Times: The first shows to reopen face a challenge: It is hard to draw audiences without tourists, but hard to draw tourists without shows.

Consumer prices jumped 5 percent in May from year earlier, faster than expected - The New York Times: The Consumer Price Index showed the strongest year-over-year reading since 2008, and a core index popped the most since 1992.

Delaware Bankruptcy Bench Is At Full Strength With The Addition Of Judge Craig Goldblatt | Fox Rothschild LLP - JDSupra: Prior to joining the bench, Judge Goldblatt was a partner in the Bankruptcy and Financial Restructuring Group at Wilmer Cutler Pickering Hale and Dorr LLP

Starbucks, Flush With Customers, Is Running Low on Ingredients - The New York Times: At locations across the country, there have been complaints about shortages of key ingredients for popular drinks, breakfast foods and even cups, lids and straws.

Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Material Impairments (Item 2.06) for the Week Ended Thursday Jun 10, 2021:

Jessica Simpson Brand Owner Readies Asset Sale in Bankruptcy - Bloomberg: The troubled owner of Jessica Simpson’s brand is nearing a deal to sell its majority stake in the fashion line back to the singer and offload other assets as part of a potential Chapter 11 bankruptcy filing, according to people with knowledge of the plans.

PAL still focused on prearranged Chapter 11 filing | Analysis | Flight Global: Philippine Airlines did not file for Chapter 11 at the end of May as it had suggested to its lessors, but the carrier is still working towards a prearranged insolvency in the USA, three of its lessors tell Cirium.

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