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Bankruptcy & Restructuring News Headlines for Tuesday Aug 25, 2020

August 25, 2020

Here's what we are reading this morning:

‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls - The New York Times

Owner of Kings and Balducci’s Supermarkets Files for Bankruptcy - WSJ

Covid-19: Retail, Consumer Spending In a Scary New World - Bloomberg Opinion

FTS International Announces Agreement With Majority of Its Secured Debtholders on Restructuring Support Agreement to Convert Over $400 Million of Debt to Equity

Oil Industry Frets About Recruiting Its Next Generation of Workers - WSJ

Rating outlook dims for University of Chicago over coronavirus pressures | Bond Buyer

Grab-and-Go Sandwich Chain Pret a Manger Closes All But One Chicago Location - Eater Chicago

Delta Plans to Follow United With Debt Backed by Loyalty Program - Bloomberg

The U.S. Court of Appeals for the Fifth Circuit seeks applications from highly qualified candidates for a 14-year appointment as a United States Bankruptcy Judge for the Southern District of Mississippi Jackson Division

High interest rates and fat fees are the norm for middle-market debtor-in-possession loans, according to AlixPartners




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