Bankruptcy & Restructuring News Headlines for Monday Oct 31, 2022

Here's what we are reading this morning:

Pending home sales fell 10% in September from August: Pending home sales suffered a worse decline than expected from August to September, as mortgage rates surged.

Troubled student-housing complex ordered into receivership – Greeley Tribune: In an order dated Oct. 24, Judge Shannon Lyons ordered that Nelson Partners LLC, the owners of the property through the affiliate Greeley Land LLC, turn the complex over to a receiver “to protect the value of the Real Property and to market and sell the Real Property to satisfy the claims of creditors with respect to the Real Property.”

Stellantis, Guangzhou Automobile Group JV to File for Bankruptcy - MarketWatch: A loss-making joint venture between Stellantis NV and Guangzhou Automobile Group Co. will file for bankruptcy

This Is The Legal Mess Now Facing the Trucking Industry - Bloomberg: When people think about the so-called 'gig economy' they probably first think about Uber. But truck drivers are arguably the original gig workers. And driving a truck is one of the biggest professions in the US. So how should laws designed to protect the rights of gig workers apply to the trucking industry?





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