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Bankruptcy & Restructuring News Headlines for Tuesday May 26, 2020

May 26, 2020

Here's what we are reading this morning:

Lufthansa Bailout: Germany Takes Stake in $9.8 Billion Deal - Bloomberg

Wind-down budget filed with the bankruptcy court Monday by Pier 1 Imports forecasts cash receipts of approx. $518 million, operating disbursements of $353 million, debt service and professional fees of $92 million, & net cash flow of $73 million (all estimates through Dec. 2020) [Image]

Latam Airlines Files Chapter 11 Bankruptcy, Stymied by Lockdowns - Bloomberg




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