Bankruptcy & Restructuring News Headlines for Tuesday Mar 19, 2024

Here's what we are reading this morning:

Student Housing Pioneer Faces Angry Investors, Irate Judges and a $115 Million Bill - The New York Times: Patrick Nelson, who manages 18 student housing properties, is struggling to pay back his partners. He says the pandemic harmed his once-thriving business.

London Fund's FTX Bankruptcy Windfall Mired in Legal Battle - Bloomberg: Betting on the remains of FTX is lucrative — and complicated.

Herbalife holds investor meetings as refi pressure mounts: Herbalife has teamed up with bankers at Citi to hold meetings with debt investors, as it takes stock of its options for addressing upcoming maturities, according to 9fin sources.

Diocese of Sacramento sets date to file bankruptcy: Bishop Jaime Soto said he will file the petition on April 1





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