Bankruptcy & Restructuring News Headlines for Tuesday Jun 8, 2021

Here's what we are reading this morning:

SoftBank-Backed Katerra Files for Chapter 11 - WSJ: Construction startup Katerra Inc.—one of the bigger investments in SoftBank Group Corp.’s $100 billion Vision Fund—filed for bankruptcy protection in the U.S. after attempts to shore up its finances floundered.

The Province of Buenos Aires - Continued Engagement with Bondholders: The Province is making information available to the general public, in accordance with the terms of the NDAs, which have expired

Texas hospital files for bankruptcy: The bankruptcy filing comes after the hospital closed suddenly and locked out staff in January over unpaid rent. Heights Hospital was once an acute care hospital but lately provided outpatient and specialty care.

AMC insider selling picks up as meme stock rises amid retail wave: Nine insiders have sold this quarter and three cashed out in the first quarter, according to InsiderScore. That compares with no sellers in all of 2020 and just three from 2017 to 2019.

Warby Parker Founders Explain Why They Are Adding 35 Stores After Pandemic - WSJ: Co-CEOs say pandemic has sped the shift to e-commerce, but many eyewear shoppers still want to visit stores.

Wall Street Sees 61% of Workers Returning to Office by September - Bloomberg: Estimate is up from the 50% employers projected in March; Co-workers’ vaccination rate is among employees top concerns

Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Bankruptcy or Receivership (Item 1.03) for the Week Ended Monday Jun 7, 2021:

SEC says it's monitoring the ongoing volatility in certain stocks: "We will act to protect retail investors if violations of federal securities laws are found," the regulatory agency said.

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