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Bankruptcy & Restructuring News Headlines for Thursday Jun 18, 2020

June 18, 2020

Here's what we are reading this morning:

Mall of America Said to Miss Another Payment on Mortgage Debt - Bloomberg

Stein Mart warns it might not survive pandemic disruption | Retail Dive

Retail sales gains in May may fade once government stimulus money runs out, experts say - MarketWatch

Breaking News: Retailer AllSaints has filed a petition under Chapter 15 of the Bankruptcy Code for recognition of its Company Voluntary Arrangement under Part I of the Insolvency Act of 1986 (UK) as a foreign main proceeding in the Southern District of Texas

Briggs & Stratton Misses Interest Payment, Starts Clock on Grace Period - WSJ

Record Number of Distressed Funds Rush to Raise Cash in Downturn - Bloomberg

Hertz halts plan to sell $500 million in shares after SEC review

Liquidation Sales Start at 136 JCPenney Stores




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