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Bankruptcy & Restructuring News Headlines for Monday Jun 29, 2020

June 29, 2020

Here's what we are reading this morning:

Microsoft to close retail stores

Story founder Rachel Shechtman to leave Macy's | Retail Dive

H&M to Close 170 Stores in 2020, Sales Halve and Profits Are Wiped Out – Footwear News

Barnes & Noble will shutter NYC bookstore, downsize headquarters

Gun Maker Remington Preps for Bankruptcy, Seeks Sale to Navajo Nation - WSJ

Hi-Crush Inc. Reports First Quarter 2020 Results: "Regardless of whether the terms and conditions of a prearranged filing can be agreed upon with the debt holders, the Company expects to file for protection from its creditors under the United States Bankruptcy Code."

Martin Midstream Partners L.P. Announces Entry Into Restructuring Support Agreement

Personal Income and Outlays: May 2020: People’s incomes fell 4.2% in May; spending grew 8.2% | U.S. Bureau of Economic Analysis (BEA)

Mood Media Enters Into Agreement with Supermajority of Lenders on Terms of a Comprehensive Prepackaged Financial Restructuring Plan

Rite Aid Asks Bondholders for More Time Amid Tepid Turnaround - Bloomberg

Fracking Trailblazer Chesapeake Energy Files for Bankruptcy - WSJ

Chesapeake Energy Corporation Commences Voluntary Chapter 11 Process - Jun 28, 2020




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