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Bankruptcy & Restructuring News Headlines for Monday Dec 9, 2019

December 09, 2019

Here's what we are reading this morning:

RTW Retailwinds, formerly known as New York & Co., to shutter up to 30 stores in coming weeks | Retail Dive

Reports: Pier 1 hires financial advisers | Retail Dive

New Jersey District Court Holds that No Evidentiary Hearing is Necessary to Appoint Chapter 11 Trustee

Can a Coal Town Reinvent Itself? - The New York Times

J.C. Penney Lender Seeks to Offload $800 Million Piece of Loan - Bloomberg

Forever 21 Gets Pushback From Lenders on Ownership, Weak Sales - Bloomberg

Celadon, biggest bankruptcy in truckload history expected by mid-week (with video) - FreightWaves

Report: Mega carrier to file for bankruptcy this week

As Celadon rumors swirl, rival companies flock to drivers - Land Line

Celadon Group, Inc., et al. Bankruptcy - The cases are pending joint administration under Case No. 19-12606 in the United States Bankruptcy Court for the District of Delaware




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