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Bankruptcy & Restructuring News Headlines for Thursday Apr 30, 2020

April 30, 2020

Here's what we are reading this morning:

Cafe chain Cosi sues SBA for excluding bankrupt companies from emergency loans

U.S. Economy Shrank at 4.8% Pace in First Quarter - WSJ

Boston Market acquired by Engage Brands of Rohan Group of Companies

Hertz Misses Lease Payment, Prepares for Potential Bankruptcy - WSJ

Hospital Liquidity in the COVID-19 Pandemic: Impact and Mitigation Strategies | ToneyKorf Partners

Southern District of Texas Enters Temporary Restraining Order Extending PPP Loan Benefits to Debtor in Bankruptcy | Bradley Arant Boult Cummings LLP

GDP in first quarter reveals even weaker consumers and more unknowns

Lyft lays off 17% of workforce, furloughs hundreds more

NRF, RILA create 'Blueprint' to reopen stores | Retail Dive

50% of all these malls forecast to close by 2021, Green Street Advisors says

Wave Computing Files for Chapter 11 Protection

Dallas private aviation service JetSuite files for bankruptcy

Chesapeake Energy preparing bankruptcy filing - sources - Reuters




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