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Bankruptcy & Restructuring News Headlines for Thursday Nov 28, 2019

November 28, 2019

Here's what we are reading this morning:

It's a make-or-break holiday season for these six retailers

Party City Has Had Little to Celebrate Lately as Sales Falter - Bloomberg

Struggling SAExploration Facing Nov. 30 Lender Deadline - WSJ

David Elman on Twitter: "Not great news for [California Pizza Kitchen]: S&P Global Ratings downgrades to CCC-, says its "operating results have weakened more rapidly than we expected, and we believe the company will likely breach its financial maintenance covenants in the near term absent an equity cure or waiver."

Dayton Superior Nears Out-of-Court Restructuring Deal - WSJ

Arena Football League Shuts Down and Plans to Liquidate

Adam Tooze on Twitter: "In 2017 52% of cars in the US were bought by people over the age of 55, compared to 31% in 2007." [Chart]




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