Bankruptcy & Restructuring News Headlines for Tuesday Nov 19, 2024

Here's what we are reading this morning:

Auction of struggling San Francisco Centre mall postponed | Retail Dive: The property, previously anchored by a Nordstrom flagship that left last year and now more than $625 million in default, was set to be sold Thursday

Spirit Airlines Announces Comprehensive Agreement to Deleverage Balance Sheet and Position the Company for Long-Term Success as a Leading Low-Fare Carrier - Spirit Airlines, Inc: Restructuring Support Agreement Already Signed by a Supermajority of Spirit's Bondholders; Receives Backstopped Commitments for $350 Million Equity Investment and $300 Million in Debtor-in-Possession Financing from Existing Bondholders; Vendors, Aircraft Lessors and Holders of Secured Aircraft Indebtedness to Be Paid in the Ordinary Course and Will Not be Impaired 

Infowars Bidder Moves to Disqualify The Onion's Winning Offer: The losing bidder for right-wing provocateur Alex Jones’ Infowars media empire is seeking to disqualify The Onion’s winning bid, arguing that the satirical news site’s cash offer was less than its own

CareMax Becomes Latest Health System to File for Bankruptcy: CareMax Inc., which runs a system of medical centers catered toward elderly patients, has filed for bankruptcy

Bondholders Seek to Bar Sweden’s Intrum From U.S. Bankruptcy Court - WSJ: The debt-collection company formed a Texas entity last month to help carry out a bankruptcy plan supported by most, but not all, of its creditors





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