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Bankruptcy & Restructuring News Headlines for Friday Sep 18, 2020

September 18, 2020

Here's what we are reading this morning:

Ann Taylor’s Parent Gets Nearly $41 Million New Offer for Catherines Brand - WSJ

Illinois governor sounds budget alarms | Bond Buyer

Dave & Buster’s Warns of Bankruptcy If No Lender Deal Struck

Unable to Pay Rent, Small Businesses Hope for a Deal With Their Landlord - The New York Times

U.S. Jobless Claims Fall, but Layoffs Continue - The New York Times

Auto Supplier Garrett Motion Considers Bankruptcy Over Asbestos Overhang - WSJ

Study: 20% of retailers 'dependent' on the holidays to survive | Retail Dive

A 'rocky' fall season lies ahead for retailers, Cowen says | Retail Dive

Fraud Prevention Startup NS8 Lays Off Hundreds, CEO Departs Amid SEC Fraud Investigation

Co-Living Startup HubHaus Plans to Shut Down — The Information

Letter from Delaware bankruptcy judge Brendan Linehan Shannon regarding bar dates in Subchapter V (small business) bankruptcy cases

Judge Clears China’s Harbin to Buy Bankrupt Vitamin Seller GNC - WSJ

LATAM Airlines proposes new $2.45 billion financing deal to U.S. bankruptcy court | Reuters




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