Bankruptcy & Restructuring News Headlines for Wednesday Dec 18, 2024

Here's what we are reading this morning:

Restaurants Struggled In 2024 As Costs Rose, Visits Fell : Many restaurants have faced challenges this year, grappling with the lingering effects of the COVID-19 pandemic, rising inflation and difficulty passing costs onto increasingly price-sensitive patrons — pressures that are expected to persist into the next year, experts told Law360.

Lion Electric Defaults, Seeks Bankruptcy Protection to Restructure or Sell Itself - WSJ: Maker of electric trucks and buses in discussion with its lenders for debtor-in-possession credit facility





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