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Bankruptcy & Restructuring News Headlines for Thursday May 28, 2020

May 28, 2020

Here's what we are reading this morning:

St. Cloud diocese reaches agreement with abuse survivors, will file Chapter 11

Fitness Clubs Facing $10 Billion Revenue Hit as Members Flee - Bloomberg

Department stores shutting down could push malls into extinction - Business Insider

Retailer Tuesday Morning files for bankruptcy, to shut 230 stores

Advantage Rent a Car Parent Files for Bankruptcy - WSJ

$1 Billion South Side Hospital Consolidation Dead After Legislature Fails To Approve Funding – Block Club Chicago

Colony Capital Hires Moelis to Weigh Options for Hotel Holdings - Bloomberg

Boeing cutting more than 12,000 U.S. jobs with thousands more planned - Reuters

Chevron to cut up to 15% of staff amid restructuring - Reuters

Carmaker McLaren clashes with bondholders over emergency financing | Financial Times




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