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Bankruptcy & Restructuring News Headlines for Monday Nov 25, 2019

November 25, 2019

Here's what we are reading this morning:

Faraday & Future Extends $45 Million In Debt Until May - WSJ

$93.6 Million Verdict Threatens to Bankrupt One of America’s Most Powerful Unions - The New York Times

Personal loans are ‘growing like a weed’ in the United States, a potential red flag - The Washington Post

Seadrill in talks with banks to restructure debt -CEO - Reuters

Now-defunct Globe University files for Chapter 11, citing many millions owed - StarTribune.com

Economic Outlook: Weak trade and investment threaten long-term growth - OECD

Lisa Abramowicz: "Leveraged loan defaults total nearly $8 billion so far this quarter, the highest volume in nearly two years: Fitch Ratings. Loans of concern now account for 8% of the $1.4 trillion institutional loan market, up from 5% in July."

Investors Spurn Riskiest Corporate Bonds - WSJ

Plug-In EV Car Sales In China Shrunk By 46% In October 2019

Uber and Doordash hit roadblocks from state-level regulators - Axios




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