Bankruptcy & Restructuring News Headlines for Thursday Feb 24, 2022

Here's what we are reading this morning:

To Fill Empty Retail Space, Landlords Tap Doctors and Dentists - The New York Times: Health care providers are increasingly opening offices and clinics in street-level storefronts, malls and shopping centers, taking advantage of rents depressed by the pandemic.

FBI Raids Another Chicago COVID Testing Company — Which Has Gotten $77 Million From The Feds: LabElite is "fully cooperating" as federal agents raid its Northwest Side office, a spokeswoman said. Customers told Block Club they had numerous issues with the lab and the pop-ups it's partnered with.

Sri Lankan Officials Met With Bankers in Bid to Solve Debt Crisis - WSJ: Advisers from Rothschild and Lazard offered liquidity-boosting proposals to the government, sources say.

Texas Grid Operator’s Ex-CEO Says High Storm Prices Came at Governor’s Urging: Gov. Greg Abbott told a top regulator he wanted rolling blackouts to end, the former grid operator’s CEO said in a bankruptcy-court trial involving the state’s largest electricity cooperative.

Brazil miner Samarco files new debt restructuring proposal | Reuters: Samarco Mineracao on Wednesday presented a new debt restructuring proposal it hopes can win the support of creditors at a meeting on March 10 and help take the Brazilian iron ore miner out of bankruptcy.





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