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Bankruptcy & Restructuring News Headlines for Tuesday May 4, 2021

May 04, 2021

Here's what we are reading this morning:

Hertz Gets Sweetened Knighthead Offer in Brawl to Buy Renter - Bloomberg

Bankruptcy Courts Need Tools To Help Real Estate Debtors | Lowenstein Sandler LLP

Supreme Court Developments | Insights | Skadden, Arps, Slate, Meagher & Flom LLP

U.S. Private Debt Default Rate Falls Amid a Resurging Economy - Bloomberg

30 second trials. Judges muting tenants. The problems with virtual evictions | CNBC

NY state lawyer calls NRA bankruptcy 'sideshow' in trial closing | Reuters

Meredith Exiting Local TV Business in $2.7 Billion Deal - WSJ

Private Equity Shale Specialist EnerVest Fires 111 Workers - Bloomberg

Landmark Opioid Trial Opens in West Virginia - WSJ

Stoneway, Bondholders at Odds Over Restructuring Venue: Senior bondholders want the company’s restructuring proceedings to go forward in Canada; Stoneway filed for chapter 11 in New York.

Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Bankruptcy or Receivership (Item 1.03) for the Week Ended Monday May 3, 2021:

​PAL informs lessors of Chapter 11 filing deadline: sources | News | Flight Global: Philippine Airlines has informed its lessors of a plan to file for Chapter 11 bankruptcy protection in the USA by the end of May, three people with knowledge of the matter tell Cirium.




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