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Bankruptcy & Restructuring News Headlines for Tuesday May 12, 2020

May 12, 2020

Here's what we are reading this morning:

Shale pioneer Chesapeake considers bankruptcy filing after oil rout - Reuters

GNC Holdings, Inc. Reports First Quarter 2020 Results, Says "the Company has an accelerated maturity payment due on May 16, 2020 that it does not have the ability to pay."

Factories Close for Good as Coronavirus Cuts Demand - WSJ

‘Second mode’: Retail shopping patterns are shifting again | Modern Retail

Why Used Car Dealers Fear a Hertz Bankruptcy

AutoNation, Inc.: "AutoNation experienced strengthening sales in April, with same store New and Used retail unit sales down 19% during the final 10 days compared to down 52% during the first 10 days"

Washington Prime in Creditor Talks on Debt Relief - WSJ




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