Store opening/closing announcements roughly even 2021 YTD: Coresight | Retail Dive: But, Dollar General has announced far more openings than any other retailer and represents more than 20% of all announced openings so far this year.
Greenberg Traurig Expands Global Restructuring & Bankruptcy Practice; Adds Brian E. Greer in New York: Greer has substantial experience representing creditors, debtors, equity investors and directors in cross-border and domestic restructuring matters, both in and out of court.
Circuit City trustee seeks Supreme Court review of bankruptcy fee hikes | Reuters: The trustee who oversaw the Circuit City liquidation process has asked the U.S. Supreme Court to weigh in on a dispute over fee hikes imposed by the U.S. Department of Justice’s bankruptcy watchdog, the U.S. Trustee.
Evergrande’s Global Bondholders Didn’t Receive Interest Payment - WSJ: Global investors who own China Evergrande Group’s U.S. dollar bonds hadn’t received an interest payment from the property giant by Thursday’s deadline.
PG&E Charged With Crimes for Deadly 2020 Zogg Fire in California - Bloomberg: Shasta County District Attorney Stephanie Bridgett on Friday said 31 charges were filed against the utility related to the Zogg Fire in northern California, about 100 miles from the Oregon border. The blaze burned more than 56,000 acres and destroyed 204 buildings.
Theranos Board Voiced Concerns Privately While Publicly Showing Support: In 2015, as The Wall Street Journal began raising questions about the accuracy of Theranos's technology, the company's high-profile board appeared to unify behind the startup. Privately, board members were alarmed by revelations that Theranos's proprietary technology was unreliable and that the company was often using commercial machines to test patients' blood.
Airline catering company Sky Chefs laying off hundreds of workers – Daily News: The cuts will hit workers at airports in Los Angeles, San Francisco and Santa Ana.
Bridger Coal Company announce layoffs; permanent mine closure - Casper, WY Oil City News: In a letter to Rock Springs Mayor Tim Kaumo, Pacific Minerals Inc., doing business as Bridger Coal Company, informed the City of Rock Springs it “will be permanently closing its underground mining operation.”