Bankruptcy & Restructuring News Headlines for Monday Nov 11, 2024

Here's what we are reading this morning:

Diocese of Oakland proposes $117 million-plus fund in clergy sex abuse deal: The proposal comes as the church faces hundreds of lawsuits alleging decades of sexual abuse

As pharmacies shutter, Pitt experts wonder about the impact on access | Pittsburgh Post-Gazette: An interactive map by University of Pittsburgh pharmacy researchers may help the public visualize the volume of those closures over the past 10 years β€” and glean the impact the closures may be having on the health of communities.

Nutrisystem Owner Wellful in Debt Talks as Ozempic Hits Sales: Battling the increasing allure and accessibility of drugs like Ozempic, the company behind last-generation weight-loss and diet plans Jenny Craig and Nutrisystem is experiencing losses so sharp it’s struggling to pay interest on its loans

Sears Successor Questioned in Appeals Court Over Mall Lease Case: A lawyer for Sears Holdings Corp.'s liquidating trustee fielded questions from Second Circuit judges over why the trust was, for the first time, arguing that a Mall of America store agreement is an asset rather than a lease





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