Bankruptcy & Restructuring News Headlines for Thursday Aug 8, 2024

Here's what we are reading this morning:

UK retailer Mountain Warehouse offers $5M stalking horse bid for Eastern Mountain Sports | Retail Dive: Absent a higher offer, the U.K.-based outdoor gear retailer plans to keep less than half of the chain’s stores running

Sunrun stock surges, company sees opportunity after SunPower files for bankruptcy: Sunrun CEO Mary Powell said the company is having conversations with many of SunPower’s former dealers

Bitcoin miner Core Scientific reports $805 million net loss in Q2 | The Block: Losses were primarily driven by mandatory, $796 million “non-cash mark-to-market adjustments” to warrants and contingent value rights issued during bankruptcy process





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