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Bankruptcy & Restructuring News Headlines for Monday May 25, 2020

May 25, 2020

Here's what we are reading this morning:

Default Notices Are Piling Up for Retailers Unable to Pay Rent - Bloomberg

AP-NORC poll: Many in US won't return to gym or dining out

Unit Corporation: "the Company elected to utilize a 30-day grace period with respect to, and not to make, the approximate $21.5 million semi-annual interest payment that was due on May 15, 2020"

Apparel's pandemic 'shock' will be felt into 2021, Moody's says | Retail Dive

All 50 U.S. states shed jobs in April: Labor Department - Reuters

Hertz Global Holdings Voluntarily Files for Chapter 11 Reorganization

Unit Corporation Voluntarily Files Chapter 11 Cases to Restructure Balance Sheet

US oil production drop steeper than expected | Financial Times




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