Business Restructuring Review Vol. 23 No. 6 - November–December 2024 | Jones Day : Hertz: Third Circuit Weighs In On Make-Whole Premiums And The “Solvent-debtor Exception” In Chapter 11 Cases
Delaying Rent Payment by Assisted Living and Skilled Nursing Facilities in Chapter 11 | Troutman Pepper : The Guardian Care decision joins several other courts around the country in attempting to clarify the question of what constitutes residential real property under Section 365(d)(3).
Spirit Pushes Restructuring Forward That Wipes Out Shareholders: Spirit Airlines Inc. said Tuesday it still expects shareholders will get wiped out in its bankruptcy as the carrier pushes forward with a restructuring deal that hands control of the airline to its bondholders.
World of Beer Reaches Bankruptcy Plan Deal With Junior Creditors: World of Beer Bar & Kitchen has reached a deal with its unsecured creditors over the restaurant chain’s plan to reorganize in bankruptcy, resolving complaints that the plan unfairly favored company insiders.
J.C. Penney loss narrows in Q3 as sales declines continue | Retail Dive: It is majority owned by two of its landlords, Simon Property Group and Brookfield Properties, which have a keen interest in keeping its mall anchors running. But given its ongoing sales declines, questions about its prospects remain.
One of America's most famous record store chains will close its final two locations: Legendary music store Sam Goody announced it will close its final two locations after nearly 75 years in business.
