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Bankruptcy & Restructuring News Headlines for Friday Sep 25, 2020

September 25, 2020

Here's what we are reading this morning:

With no fans at Wrigley Field, some of the neighborhood's most popular bars say sales are down 95 percent — and hope the city eases curfews so they can make it through the winter – Block Club Chicago

Unemployment Claims Rise as Layoffs Continue: Live Economy Updates - The New York Times

Harvard Economist Raj Chetty Creates God’s-Eye View of Pandemic Damage - Bloomberg

Pay Cuts Become Permanent for Many Americans During Pandemic - Bloomberg

Winston & Strawn Strengthens Bankruptcy and Restructuring Capabilities - News | ABL Advisor

IBC: India Proposes Extending Suspension of Bankruptcy Filings

U.S. Risks Repeating 2009 Mistakes as Economic Recovery Slows - The New York Times

Both temporary and permanent business closures continue to tick upward according to Yelp data

Impresa, Parts Maker for Boeing 737 MAX, Files for Bankruptcy

Noble Settles Multibillion-Dollar Suit Over Paragon Spinoff

LA’s First Hotel Closes Due to COVID-19. This Could Be The First of Many. - Eater LA

Retailers resume rent payments but are still fighting with landlords

"The Chicago Cubs laid off about 25% of their business staff on Thursday because of a loss in revenue and in anticipation of an uncertain 2021 . . . The move follows a significant round of cuts on the baseball side in August."




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