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Bankruptcy & Restructuring News Headlines for Wednesday Aug 12, 2020

August 12, 2020

Here's what we are reading this morning:

Coworking Companies Expanded Rapidly. Now They’re Retreating Fast - WSJ

New York, Miami Leading America in Mortgage Delinquencies - Bloomberg

Lisa Abramowicz (Bloomberg): "The calm before the storm: Consumer debt delinquencies have actually dropped this year because of government support programs. But this will change as the U.S. jobless rate stays high and federal aid programs run out, driving "a very rapid increase" in delinquencies: Moody's" / Twitter

Hermitage Offshore Services Ltd. (NYSE:PSV) and 28 subsidiaries file voluntary Chapter 11 petitions amid global oil slump and coronavirus pandemic




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