Bankruptcy & Restructuring News Headlines for Tuesday Feb 22, 2022

Here's what we are reading this morning:

Virgin Hyperloop Sacks Half Its Employees in Pivot to Cargo Transport: The hyperloop transport company laid off over 100 employees as it shifts its focus from passenger travel to cargo transport.

Patrick Nelson Fights With Students, Investors, and a Big Hedge Fund - The New York Times: Investors say Nelson Partners owes them tens of millions, and student tenants complain about poorly run properties. Now a $54 billion investment firm is in the mix.

Black Farmers Fear Foreclosure as Debt Relief Remains Frozen - The New York Times: Lawsuits have blocked $4 billion of pandemic aid that was allocated to Black farmers in the American Rescue Plan.





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