American Air (AAL) Boosts Debt Sale to $10 Billion Amid Strong Demand - Bloomberg
The pandemic sped the shift to digital media - Axios
Art Van Workers Claim Victory After T.H. Lee Boosts Payouts - Bloomberg
The Office Sublease Glut in New York City and San Francisco
GameStop stock drops by 40% in 25 minutes
American Dream Lenders Likely to Seize Share of Other Mega Malls - Bloomberg
California theme parks won’t profit at 15% capacity. Here’s why they’ll reopen anyway - Los Angeles Times
Ryan Faughnder (LA Times): "AMC during its earnings call low-key disclosed it permanently shut down 60 theaters, including 48 domestically" / Twitter
Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Triggering Events That Accelerate or Increase a Direct Financial Obligation (Item 2.04) for the Week Ended Wednesday Mar 10, 2021
Rocket Confirmations Gain Traction – Duane Morris Business Reorganization and Financial Restructuring
From bankruptcy court filings today in the San Jose, CA Fairmont hotel bankruptcy: "The Hotel has had an average occupancy rate of 7.7% during the pandemic"
More from the San Jose Fairmont bankruptcy court filings: "Three business metrics commonly used to measure the health of a hotel are occupancy, average daily rate or 'ADR,' and revenue per available room or 'RevPAR.' These metrics for the Debtors’ Hotel illustrate the extraordinary business downturn suffered by Debtors" (View Chart in Link)
