Bankruptcy & Restructuring News Headlines for Tuesday Dec 1, 2020

Here's what we are reading this morning:

‘The Music Eventually Stops’: Davis Polk’s Restructuring Chief on the Pandemic Fallout to Come

Brideside Shutdown Is Another Headache in a Bad Year for Weddings

Disney to lay off 4,000 more employees during pandemic | Las Vegas Review-Journal

Black Friday traffic in stores craters 52% during pandemic

Was Black Friday a bust? – RetailWire

Sensormatic Solutions Releases Black Friday Results From Shopper Insights Traffic Analytics | Business Wire

RetailNext announces Black Friday Sales and Foot Traffic Data as Shoppers Show Strong Intent to Buy When Venturing Out

Winners and losers of Black Friday 2020 | Retail Dive

Thanksgiving air travel rises to pandemic high — but still less than half of last year's levels

Nikola stock craters after GM gives up equity stake in reworked deal

G.M. Scales Down Nikola Deal - The New York Times

Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly | ABI

Labor Department Published ‘Flawed Estimates’ of Weekly Jobless Claims, Watchdog Says - WSJ

Bankruptcy Court Chooses Dismissal Over Conversion Based on the Support of the Debtor and All Key Creditors - Nathan | Lowenstein Sandler LLP

Francesca's (FRAN) Retail Plans Bankruptcy Filing Soon - Bloomberg

The Franchise Relationship That Powers Small Business Is Fraying - WSJ

The death of the department store and the American middle class - Vox

As JCPenney exits bankruptcy, its long-term outlook remains grim - CNN

Cleary Gottlieb | Global Restructuring Trends for 2021

Professor Douglas Baird Becomes First Academic to Lead National Bankruptcy Conference | University of Chicago Law School

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