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Bankruptcy & Restructuring News Headlines for Friday Oct 2, 2020

October 02, 2020

Here's what we are reading this morning:

US layoffs remain elevated as 837,000 seek jobless aid

Wireless Venture Ligado Seeks to Raise $4 Billion to Avoid Bankruptcy - WSJ

Apartments for Rent NYC, San Francisco: Prices Drop in Shift to Cheaper Cities - Bloomberg

West Coast Wildfires Devastate Heart of California’s Wine Industry - WSJ

Real Disposable Personal Income Fell in August | FRED | St. Louis Fed

Hollywood fears movie theaters 'may not survive' pandemic - Los Angeles Times

Seattle Passes Minimum Pay Rate for Uber and Lyft Drivers - The New York Times

Oil bankruptcies could shift clean-up bill to US taxpayers | Financial Times

Filmmakers ask Congress to rescue the theater industry from going bankrupt | Fox Business

New Layoffs Add to Worries Over U.S. Economic Slowdown - The New York Times

Long Before Nikola Trucks, Trevor Milton Sold Investors on Startups That Faded - WSJ

Diocese of Camden Becomes Second Catholic Diocese to File for Bankruptcy in 24 Hour Period




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