Bankruptcy & Restructuring News Headlines for Monday May 18, 2020

Here's what we are reading this morning:

Jessica Simpson, Heelys Brand Owner Casts ‘Going Concern’ Doubts - Bloomberg

Sur La Table creditors signal doubts about the Seattle kitchenware retailer’s financial outlook | The Seattle Times

Sur La Table creditors signal doubts about the Seattle kitchenware retailer’s financial outlook | The Seattle Times

Fieldwood Energy Prepares for Second Bankruptcy in Two Years - WSJ

Extraction Oil & Gas "elected not to make the approximately $14.8 million interest payment due and payable on May 15, 2020"

China’s Cautious Economic Reboot Is a Warning for the World - Bloomberg

Opinion: Bankruptcy is the best solution for struggling companies | Fortune

The owner of Souplantation and Sweet Tomatoes files for Chapter 7 bankruptcy

Coronavirus Lockdowns Trigger Record Drop in Retail Sales, Factory Output - WSJ

Guitar Center Gets Debt Deal to Stave Off Default Amid Closures - Bloomberg

Maersk Expects Container Shipping Volumes to Fall Up to 25% - WSJ

Outside lawyer enlisted to represent former state marijuana regulator; attorney general acknowledges federal investigation

Fed Warns of ‘Significant’ Hit to Asset Prices If Pandemic Grows

GNC Holdings, Inc. Reaches Agreement with Lenders for Extension on Debt Maturity Dates

JCPenney to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement

SoftBank Doubles Buyback Plans While Jack Ma Leaves Board - Bloomberg

One-Quarter of American Restaurants Won’t Reopen, OpenTable Says

Comcar to Sell Operating Companies; Seek Chapter 11 - Comcar Industries, Inc.

The Cost of the Covid-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending | NBER Working Paper No. 27141





Older Post Newer Post