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Bankruptcy & Restructuring News Headlines for Friday May 3, 2019

May 03, 2019

Here's what we are reading this morning:

Tesla Rallies on Plan to Raise $2 Billion to Counter Cash Drain - Bloomberg

PG&E Corporation Reports First-Quarter 2019 Financial Results

Industrial Firms Report Big Swings in Typical Worker’s Pay - WSJ

Dan Loeb's Third Point Is Said to Build Position in PG&E's Debt - Bloomberg

How America’s Oldest Gun Maker Went Bankrupt: A Financial Engineering Mystery - The New York Times

Puerto Rico Board's $1 Billion Lawsuit Escalates Bond Feud - Bloomberg

Insys John Kapoor First CEO Convicted of Opioid Racketeering - Bloomberg

Verizon Looks to Unload Tumblr Blogging Site - WSJ

Sungard Speeds Through Bankruptcy in Under 24 Hours - WSJ

PG&E says SEC investigating it for disclosures, losses for wildfires - Reuters

Nearly 1,400 autoworkers are about to lose their jobs at a Jeep plant in Belvidere - Chicago Tribune

Senior Living Developer LaSalle Group Files For Chapter 11 Bankruptcy - Senior Housing News




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