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Bankruptcy & Restructuring News Headlines for Tuesday Nov 3, 2020

November 03, 2020

Here's what we are reading this morning:

Mall Owner CBL Files for Bankruptcy to Cut $1.5 Billion From Balance Sheet

Malls Dragged Into Bankruptcy by Carnage Among Retail Tenants - Bloomberg

Knotel Cuts More Staff and Plans to Give Back Even More of Its Portfolio – Commercial Observer

Calculated Risk: Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 51% YoY in September

J.C. Penney postpones sale hearing, says company has reached agreement in principle on a global settlement with Minority Group of First Lien Lenders and Unsecured Creditors Committee

J.C. Penney Settles With Holdout Lenders, Easing Chapter 11 Sale - WSJ

Quibi Was Supposed to Revolutionize Hollywood. Here’s Why It Failed. - WSJ

Coronavirus restrictions pressure New Jersey casino authority | Bond Buyer




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