Bankruptcy & Restructuring News Headlines for Thursday Sep 26, 2024

Here's what we are reading this morning:

Salt Life retail stores to close in bankruptcy : The beach brand will undergo a new business model focused on e-commerce and wholesale as liquidation sales at 28 stores in 10 states begin

Tupperware regains access to cash for upcoming payroll | Reuters: Tupperware Brands Corporation on Wednesday reached a short-term deal with lenders opposed to its bankruptcy strategy, restoring the food container maker's access to cash accounts and allowing it to meet employee payroll and other upcoming expenses

Hooters Restaurant Chain Seeks Debt Advice as Business Falters: Hooters, famous for its chicken wings and skimpy server uniforms, is getting guidance from Accordion Partners and law firm Ropes & Gray on how to improve business and address its debt load as foot traffic slows and its liquidity dwindles, said the people, who asked not to be named discussing confidential matters.





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