Bankruptcy & Restructuring News Headlines for Thursday Jun 13, 2024

Here's what we are reading this morning:

Sony Pictures buys Alamo Drafthouse theater chain: Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America

Matthew Micheli Joins Arnold & Porter’s Bankruptcy and Restructuring Practice in Chicago | News | Arnold & Porter: Micheli has broad experience across a range of complex restructurings, debt financing, and distressed M&A matters

How Our Bankruptcy System Makes America More Unequal | Background Briefing with Ian Masters: Interview of Professor Melissa Jacoby on her new book entitled Unjust Debts: How Our Bankruptcy System Makes America More Unequal

Judges hear Elizabeth Holmes' appeal of fraud conviction | AP News: Three appeals court judges — Jacqueline Nguyen, Ryan Nelson and Mary Schroeder — gave few clues into whether they leaned toward upholding or overturning Holmes’ conviction. However, they periodically made it clear that it would take compelling evidence for them to throw out the jury’s verdict.

WeWork has emerged from bankruptcy. What's next for the co-working office space provider? - The Washington Post:

Coach USA Initiates Voluntary Chapter 11 Sale Processes - News | ABL Advisor: Coach USA has received a commitment for debtor-in-possession ("DIP") financing, which includes $20 million in new money

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