Bankruptcy & Restructuring News Headlines for Friday Sep 22, 2023

Here's what we are reading this morning:

Silver Point, Diameter Are Buying Cheap FTX Bankruptcy Claims - Bloomberg: Top distressed-debt investors are scooping up FTX Group claims on the cheap, betting that the company’s lengthy bankruptcy process will uncover additional valuable assets.

Olive Garden and Cracker Barrel are still seeing a decline in older customers | CNN Business: When it comes to customers over 65, “we just have not yet recovered the visits … to the extent we thought we would, really since the pandemic,” said Cracker Barrel CEO Sandra Cochran during a call with analysts earlier this month.

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