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Bankruptcy & Restructuring News Headlines for Monday Jan 18, 2021

January 18, 2021

Here's what we are reading this morning:

"To facilitate its strategic plan and restructuring, the NRA (National Rifle Association of America) and one of its subsidiaries filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division"

Cap-and-Gown Maker American Achievement Enters Chapter 11 Amid Cerberus Governance Dispute

N.R.A. Declares Bankruptcy and Seeks to Exit New York - The New York Times

NRA Bankruptcy - Credit Slips

NBA Store in NYC Falls Behind on $7M of Rent

David Elman (The Deal): "[New York State AG] mentions NRA Chapter 11 on [AOC] town hall Zoom. 'The corruption and greed has finally, unfortunately resulted in this organization filing bankruptcy.' Says she will hold it accountable in bankruptcy court." / Twitter

Nordstrom (JWN) shares drop as retailer says holiday sales tumbled 22%

Left in the lurch by minor league contraction, the Tri-City ValleyCats have filed a lawsuit against Major League Baseball and the Houston Astros




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