Bankruptcy & Restructuring News Headlines for Monday Aug 10, 2020

Here's what we are reading this morning:

College-Sports Media Company Learfield Explores Restructuring Amid Coronavirus - WSJ

Fashion industry says purchase order cancellations will endure in Q3 and beyond | Retail Dive

Retail profits won't rebound until 2022 at the earliest, Moody's says | Retail Dive

Pacific Drilling: "We have engaged financial and legal advisors to assist us in evaluating various alternatives to address our longer-term liquidity outlook and capital structure, which may include a negotiated restructuring of our debt that is implemented under the protection of Chapter 11 of the U.S. Bankruptcy Code."

One-Third of American Renters Expected to Miss Their August Payment - Bloomberg

As of the last week in July, just 6.9% of employees had returned to Manhattan offices that are managed by CBRE Group, the world’s largest commercial real estate services firm - Bloomberg

July jobs report: Economy added back 1.763 million payrolls in July, unemployment rate fell to 10.2%

Employment Situation Summary: BLS

Auto-Lending Binge Threatens to Unwind When Stimulus Measures Ease - WSJ

Report: "as federal, state and local protections and resources expire and in the absence of robust and swift intervention, an estimated 30–40 million people in America could be at risk of eviction in the next several months"

UPS Plans Hefty Holiday Fees Amid Coronavirus-Related Shipment Surge - WSJ

‘Black Friday’ at British Airways as 10,000 workers lose jobs

Former NASA scientist, serial entrepreneur buy up Pier 1, Modell's and other iconic brands

U.S. Agency Sidelines Planned $765 Million Loan to Kodak Amid Probes - WSJ

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