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Bankruptcy & Restructuring News Headlines for Tuesday Jan 29, 2019

January 29, 2019

Here's what we are reading this morning:

Saudi Arabia slashes exposure to Tesla via hedging deal | Financial Times

Maglan Capital on Twitter: "#Muniland #Sacramento, CA school district had rating on GOs and lease-revenue bonds downgraded (four notches for GOs) by S&P due to budget shortfalls "Due to possibility that district will reach insolvency by Nov 2019"

PG&E (PCG) Receives $4 Billion Plan to Head Off Bankruptcy - Bloomberg

Subway closed 1,100 restaurants last year

Court Orders $1 Billion Judgment Against Operators of Woodbridge Ponzi Scheme Targeting Retail Investors

PG&E (PCG) Still Plans Bankruptcy Despite Investor Proposal - Bloomberg

Lack of transparency in healthcare startups risks another Theranos implosion | TechCrunch

PG&E to tap restructuring chief in final bankruptcy preparations - sources | Reuters

US catfish farmer files Chapter 11 | IntraFish




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