Bankruptcy & Restructuring News Headlines for Monday Apr 10, 2023

Here's what we are reading this morning:

David’s Bridal Is Said to Be Considering Bankruptcy, Again - The New York Times: It would be the second bankruptcy in five years for the retailer, which boasts that it sells one of every three wedding dresses in the U.S.

MLB Pushes Bankrupt Diamond Sports To Pay Twins, Guardians: Major League Baseball, the Minnesota Twins, and the Cleveland Guardians have filed an emergency motion to require bankrupt Diamond Sports Group to pay them millions in ongoing fees to broadcast their games.

Carvana Holders May Score Bigger in Bankruptcy Versus Debt Swap: Carvana Co.’s biggest bondholders may wind up better off if the beleaguered online car seller ends up in a position companies usually try to avoid: bankruptcy.

U.S. Job Growth Slows but Remains Strong - The New York Times: Employers added 236,000 jobs in March, a more moderate pace of hiring that showed the Federal Reserve’s inflation-fighting campaign was gradually taking hold.

FTX Debtors Release Report on FTX Group's Control Failures: The Report is based on the Debtors' review of terabytes of electronic data and communications, more than one million documents, and interviews conducted with 19 former FTX Group employees, among other information.

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