Bankruptcy & Restructuring News Headlines for Tuesday Jul 9, 2024

Here's what we are reading this morning:

Express bankruptcy spurs layoffs at Ohio facility | Supply Chain Dive: Express has been battling lower volumes following its bankruptcy filing, prompting one of its logistics partners to trim the distribution services it provides to the retailer

Build-Your-Own Pizza Restaurant Mod Taps Advisers to Explore Bankruptcy - WSJ: Mod Pizza, once a fast-growing chain of restaurants built on a pioneering concept, recently hired legal and financial advisers to work on a potential bankruptcy filing while the company searches for a buyer, people familiar with the matter said

Property Fraud Allegations Snowball as Commercial Real-Estate Values Fall - WSJ: U.S. prosecutors are cracking down on commercial mortgage fraud, a growing push that is sending shudders through the $4.7 trillion industry by raising questions about the numbers underpinning major property loans

The battle over J&Jā€™s bankruptcy plan to end talc lawsuits: Johnson & Johnson is locked in a bitter fight with lawyers opposing its third attempt to settle tens of thousands of lawsuits





Older Post Newer Post