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Bankruptcy & Restructuring News Headlines for Friday Jun 7, 2019

June 07, 2019

Here's what we are reading this morning:

More than 20,000 clothing stores need to close by 2026: UBS analysts - Business Insider

Michaels' stock tumbles toward record low after sales miss, profit guidance lowered - MarketWatch

Legacy Reserves Nets Short Forbearance From Lenders - WSJ

Barbara Houser, the Chief Judge of the Northern District of Texas Bankruptcy Court, Plans to Retire April 30, 2020

Carmakers Turn to Survival Tactics With Industry Under Siege - The New York Times

Elliott Management is Lead Bidder in Auction of Barnes & Noble - WSJ

Bankrupt PHI Settles Fight With Unsecured Creditors Committee - WSJ

Insys to pay $225 million, plead guilty in U.S. over opioid kickbacks - Reuters

Young Conaway Partner Appointed Delaware Bankruptcy Court Judge | Delaware Law Weekly

The story behind Level and why it failed.

Achaogen, Inc. Announces Results of Auction for Substantially All Company Assets

US farmers’ borrowing boom is built on shaky land values | Financial Times




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