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Bankruptcy & Restructuring News Headlines for Monday Feb 24, 2020

February 24, 2020

Here's what we are reading this morning:

Sears snags a new $100 million lifeline as losses continue

Coronavirus Hits U.S. Business Activity - WSJ

Criminal-Justice Changes Are Squeezing the Bail-Bond Industry - WSJ

China's passenger car sales tumble 92% in early February due to coronavirus

Cabbies worry as hedge fund snaps up taxi medallions

Bankrupt Golf Club Maker Alleges $100 Million Securities Fraud - WSJ

Outdoor Voices CEO Tyler Haney Steps Down As Losses Mount | BoF

IHS Markit Posts First Contraction Since 2013 on Virus - Bloomberg

Pizza Hut Operator NPC Said to Mull Options Including Bankruptcy - Bloomberg

New Bankruptcy Law May Increase Small Business Filings - Stites & Harbison

California Bankruptcy Judge Clarkson Suggests that Pre-SBRA Debtors May Opt-Into Subchapter V - Plan Proponent

Landry’s Bids $50 Million to Buy Palm Steakhouses Out of Bankruptcy - WSJ




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