Bankruptcy & Restructuring News Headlines for Thursday Oct 7, 2021

Here's what we are reading this morning:

Bankruptcy Venue “Reform” – What Are The Odds This Time? | Squire Patton Boggs (US) LLP: Proposed bankruptcy venue legislation is back after previous “reform” efforts came up empty. For those seeking legislative action, what are the chances for venue reform now?

Tour Operator TUI Plans $1.3 Billion Stock Sale to Cut Debt - Bloomberg: TUI AG will raise 1.1 billion euros ($1.3 billion) by selling new stock, making it the latest travel company to tap investors for cash to reduce a giant pandemic debt pile.

Airlines warn erratic global COVID-19 rules could delay recovery | Reuters: Global airlines on Tuesday wrapped up their first meeting since COVID-19 brought their industry to its knees, voicing optimism about pent-up demand but desperate for governments to harmonize disjointed border rules to avoid slipping back into recession.

10th Circuit deepens circuit split over bankruptcy fees with hotel ruling | Reuters: A U.S. appeals court on Tuesday ruled that a 2017 law that increased government fees for many Chapter 11 debtors is unconstitutional because it fails to apply the fees uniformly.

Older Post Newer Post