Bankruptcy & Restructuring News Headlines for Tuesday Sep 26, 2023

Here's what we are reading this morning:

Before Lahaina Burned, Hawaiian Electric Was Slow to Replace Poles That Posed Fire Risk - WSJ: The utility regularly fell behind on plans to replace tens of thousands of utility poles at risk of failure and spent millions less on upgrades than it planned, a Wall Street Journal review of regulatory records found.

Why America Has a Long-Term Labor Crisis, in Six Charts - WSJ: While the hot pandemic-era job market is cooling, it is set to remain tight for years

Does filing for bankruptcy make employees flee? | Harvard Law School: A new study by Harvard Law Professor Jared Ellias shows that employees begin leaving an at-risk company months or years before bankruptcy — and that Chapter 11 may help retain workers long-term.

Celsius creditors vote in favor of reorganization plan | The Block: The majority of creditors impacted by Celsius’ bankruptcy voted on a plan that would return crypto back to them.

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