Bankruptcy & Restructuring News Headlines for Friday Sep 11, 2020

Here's what we are reading this morning:

School is Back in Session Amid COVID: Student Housing Loans Cheat Sheet

Garage Clothing Chain Owner Seeks Protection From Creditors Amid Coronavirus Struggles - WSJ

GameStop to close up to 450 stores this year | Retail Dive

American Eagle to close up to 50 stores this year, "scrutinizing another 500 for possible closure in the next two years" | Retail Dive

US Unemployment Benefits Filings Failed to Decline as Expected Last Week - Bloomberg

NPR Poll Finds Pandemic Financially Imperils Nearly Half of American Households : Shots - Health News : NPR

Department Store Century 21 Files Bankruptcy, Will Shut Down

Americans Stayed Inside Even as Cities and States Reopened - Bloomberg

iQor Takes Action to Strengthen Capital Structure, Reaches Agreement to Enhance Financial Stability | Business Wire

Manhattan had 15,000 empty apartments in August -- a new record - CNN

‘It’s Really Sad’: NYC’s Hudson Yards Reopens, But Few Show Up - Bloomberg

U.S. bankruptcy judge rejects LATAM Airlines proposed $2.4 billion financing deal | Reuters

It appears that Aurify Brands continues to grow its collection of distressed cafe brands with the proposed acquisition of Maison Kayser USA which filed for bankruptcy tonight in NY. Previously acquired Le Pain Quotidien out of bankruptcy in June.

Another batch of Regus debtors filing bankruptcy petitions this evening in Delaware

New York Sports Clubs Owner Is Said to Plan Imminent Bankruptcy - Bloomberg

Small businesses are losing confidence in their survival - Axios

Older Post Newer Post