Here's what we are reading this morning:
As JCPenney's CEO exits, a turnaround is still far away | Modern Retail
AMC in Talks to Leverage European Assets for Another Lifeline - WSJ
New York Court of Appeals Splits From Second Circuit on Minority Bondholders’ Rights in Out of Court Restructurings | Kelley Drye & Warren LLP
Family Video to close all stores as last-ditch effort comes up short | Retail Dive
Family Video to close over 250 remaining locations, sell off inventory | WGN-TV
Mental Health Services Provider Community Intervention Files for Bankruptcy