Bankruptcy & Restructuring News Headlines for Friday Jun 28, 2019

Here's what we are reading this morning:

Meltdown of State Companies Imperils South Africa's Finances - Bloomberg

MoneyGram International Reports Successful Refinancing

Recent Prepacks Stay True to Chapter 11’s Intent—with a Speedy Twist | Cole Schotz P.C.

Retail Delivery Wars: Smart Strategy Or An Inevitable Race To The Bottom?

Brinks Home Security Operator Monitronics to File for Bankruptcy Within Days - WSJ

Ford to Cut 12,000 Jobs in Europe - The New York Times

Nevada gaming revenues fall 6 percent in May, largest single-month decline during a five-month 2019 dip

Topshop Parent Poised to Close U.S. Stores Amid Landlord Dispute - WSJ

Toys 'R' Us Workers Win $2 Million Settlement on Severance - Bloomberg

Fifth Circuit Denies Post-Petition Default Interest to Fully Secured Creditors - King & Spalding

Swelling Retail Inventories Have Analysts Concerned for Second Half – WWD

 Turnaround Management Association Announces Winners of the 2019 TMA Turnaround and Transaction of the Year Awards | Business Wire

Forever 21 Officials Approached Landlords About Possible Sale - Bloomberg

Goldman downgrades department stores on concern about supply chains from trade battle

The Five Largest CMBS Loans to Turn Newly Delinquent in May 2019

Edmunds warns of a tough 2019 for US auto industry as sales slide

California Public Utilities Commission Order Dated June 27, 2019 Instituting Investigation on the Commission’s Own Motion into the Maintenance, Operations and Practices of Pacific Gas and Electric Company (U39E) with Respect to its Electric Facilities; and Order to Show Cause Why the Commission Should not Impose Penalties and/or Other Remedies for the Role PG&E’s Electrical Facilities had in Igniting Fires in its Service Territory in 2017

PG&E Responds to CPUC Investigation for 2017 Northern California Wildfires

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