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Bankruptcy & Restructuring News Headlines for Wednesday Apr 10, 2019

April 10, 2019

Here's what we are reading this morning:

Andrew Scurria of WSJ: "Ligado Networks, formerly known as LightSquared Inc., has been waiting 1,000 days for an answer from the FCC on a license application. At some point, cash runs out and the company becomes a chapter 22 bankruptcy. Background via WSJ Bankruptcy"

75K stores could shutter by 2026 | Retail Dive

Six Sigma’s Chelsea Condo Faces Bankruptcy Again – Commercial Observer

Gift-ology closing Western Mass. stores; chain once had 20 locations - masslive.com

Lenders seize UK retailer Debenhams, wiping out Ashley - Reuters

China wants to ban bitcoin mining - Reuters

Moody's downgrades CROSSMARK's ratings following limited default

Indivior Inc. Indicted for Fraudulently Marketing Prescription Opioid | Department of Justice

Disruption, friction, and change: The hallmarks of a true transformation | McKinsey

Johnson Publishing Co., which started Ebony, Jet magazines, files for bankruptcy | Chicago Sun-Times




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