Here's what we are reading this morning:
AMC Theater Chain Raises Doubt on Ability to Stay in Business - WSJ
AmEx Fears Second Joblessness Wave After No-Layoff Vows Expire - Bloomberg
New York & Company owner RTW Retailwinds warns bankruptcy filing probable
New bankruptcy court opinion on impact of COVID-19 executive orders on rent obligations and force majeure clauses in context of bankrupt restaurant (In re Hitz Restaurant Group, Bankr. N.D. Ill.)
Pretium Adds Senior Bankruptcy and Distressed Specialist as Senior Managing Director
Seadrill Says Another Bankruptcy Is an Option in Debt Talks - WSJ
China Cancels Some U.S. Farm Shipments, Maritime Executives Say - WSJ
Auto-Parts Supplier APC Files for Bankruptcy - WSJ
Chapter 11 Filings in May Are Not Up as Much as Everybody Will Say They Are - Credit Slips