Here's what we are reading this morning:
This Southern Restaurant Chain Was Just Saved From Shutting Down: Texas-based Luby's Inc. completed another crucial step Monday in its plans for liquidation, securing the transfer of a number of its Luby's Cafeteria restaurants to Chicago entrepreneur Calvin Gin.
Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Bankruptcy or Receivership (Item 1.03) for the Week Ended Monday Jul 5, 2021:
Pacific Gas & Electric Facing $2Bn Shortfall for Wildfire Victims' Trust: Pacific Gas & Electric faces a nearly $2 billion shortfall in the $13.5 billion trust created for California wildfire victims who filed claims against them.