Bankruptcy & Restructuring News Headlines for Tuesday Feb 1, 2022

Here's what we are reading this morning:

Delaware Judge Issues Important Ruling in Hertz Chapter 11 Case on Allowance of Make-Whole Premiums, Treatment of Unimpaired Creditors, and Postpetition Interest (Part 1) | Kelley Drye & Warren LLP : The treatment of make-whole premiums in chapter 11 cases in solvent debtor cases has become an important issue in recent years for corporate issuers and bondholders. This post will examine a recent decision in the Hertz case by Judge Mary Walrath of the U.S. Bankruptcy Court for the District of Delaware on the allowance of such claims.

Grupo Aeromexico Cleared for Departure From Chapter 11: A judge approved Grupo Aeromexico’s chapter 11 plan, bringing the 19-month bankruptcy sparked by the Covid-19 pandemic closer to its end.

Peloton internal docs show it slashed 2022 sales goals for apparel unit: Peloton's apparel business more than doubled to over $100 million in annual sales last year, according to internal documents obtained by CNBC.





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