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Bankruptcy & Restructuring News Headlines for Monday Mar 9, 2020

March 09, 2020

Here's what we are reading this morning:

Burlington Stores is shutting down its e-commerce site to focus on bricks-and-mortar stores - MarketWatch

British airline Flybe collapses as coronavirus deals final blow - Reuters

The impact of the coronavirus on retail | Retail Dive

Bankruptcy Court Hearing Information: Reducing Exposure to COVID-19 | Western District of Washington | United States Bankruptcy Court

The economic impact of a pandemic | FRED Blog | Federal Reserve Bank of St. Louis

Federal government statistics on which workers can work from home. Not surprisingly, those that can are largely college-educated and in higher income brackets

Banks Promised $7 Billion for a Casino Deal. Then the Coronavirus Hit

Boston-based healthy counter-service chain B. Good has closed all of its its Illinois locations, according to a sign posted at its now-shuttered suburban Naperville location

Paul Page (WSJ): "Coal is in steep decline. Rail coal carloads fell 21.1% in February, AAR says, and average weekly coal carloads last month were the second worst in any month in past 32 years. Coal exports fell 20%." / Twitter

Shipping’s Smaller Operators Are Most Susceptible to the Coronavirus Financial Impact - WSJ

First Day Bankruptcy Declaration of the CFO of Art Van Furniture (Filed for Bankruptcy Sunday Night in Delaware)




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