Here's what we are reading this morning:
Sternlicht’s Starwood Misses Payments on $549 Million Mall Debt - Bloomberg
Chuck E. Cheese Debt Talks Accelerate With Kids at Home
Diocese of Rockville Centre faces bankruptcy amid abuse lawsuits
Syracuse Catholic Diocese files for bankruptcy
Bloomberg QuickTake on Twitter: "JUST IN: Apple will be re-closing some of its U.S. stores in Florida, Arizona, South Carolina, and North Carolina due to spikes in #Covid19 cases https://t.co/gGSzzQXyQj" / Twitter
Reconstituting Delaware Bankruptcy Court Operations: Phase 1
Lisa Abramowicz (Bloomberg): "April rent collection rates came in at roughly 20-30% for enclosed malls, compared with about 50%-60% for strip and open air shopping centers and 70% or more for free-standing locations: Fitch Ratings today in a report about cashflow risk among some US mall REITs"
Cruise lines voluntarily suspend all trips out of U.S. ports until Sept. 15, trade group says