Bankruptcy & Restructuring News Headlines for Monday Dec 2, 2024

Here's what we are reading this morning:

Coastal Growers LLC files for Chapter 11 reorganization | The Atmore Advance: Founded to provide peanut farmers with more favorable returns by sharing in the profits of peanut farming and shelling, Coastal Growers operates a shelling plant in Atmore

Long Island Diocese's Restructuring Plan Prompts DOJ Objection: A bankrupt Long Island-based Catholic diocese is attempting to improperly release third parties from abuse claims in violation of a US Supreme Court decision, the Department of Justice’s bankruptcy watchdog said

Citadel, Pimco Set to Own Stakes in Spirit Post-Bankruptcy (1): Citadel Advisors, Pacific Investment Management Co. and Western Asset Management Co. are among the investment firms poised to own equity in Spirit Airlines Inc. after the budget carrier restructures its balance sheet in bankruptcy.





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