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Bankruptcy & Restructuring News Headlines for Friday May 1, 2020

May 01, 2020

Here's what we are reading this morning:

Two Industry Veterans Bolster Pillsbury’s Insolvency & Restructuring Practice

J.Crew Prepares to File for Bankruptcy - WSJ

Coronavirus: J. Crew prepares bankruptcy filing that could come this weekend

Lawsuits Mount as Bankrupt Firms Are Shut Out of Coronavirus Funds - WSJ

FTI’s Restructuring Advisers More in Demand Than 2008, CEO Says - Bloomberg

Nearly 20 Percent Of The U.S. Labor Force Has Filed For Unemployment Since Mid-March | FiveThirtyEight

Juul plans to cut a third of its workforce, reports

Lenders to Acquire Dura Automotive for $55 Million - WSJ

Archdiocese of New Orleans to file bankruptcy; Aymond meets with area priests

Chicago Taxi Fares Take Nosedive After Illinois Stay-At-Home Order, New Data Show | WBEZ Chicago

The Roman Catholic Church for the Archdiocese of New Orleans - the second-oldest archdiocese in the United States (established as a diocese in 1793 and became an archdiocese in 1850) filed for #bankruptcy tonight in the Eastern District of Louisiana. Case No. 20-10846.




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