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Bankruptcy & Restructuring News Headlines for Wednesday Feb 17, 2021

February 17, 2021

Here's what we are reading this morning:

Washington Prime Group elected to withhold an interest payment of $23.2 million due on February 15, 2021, has a 30-day grace period to make the interest payment before such non-payment constitutes an “event of default.”

Citigroup Loses Fight to Get Back Millions in Mistaken Revlon Lender Transfer - Bloomberg

Troubled Coachella Hotel Project Files Bankruptcy Amid Lawsuit - Bloomberg

Retail: Pre-pandemic profitability could be 5 years out | Retail Dive

Biden Administration Extends Covid-19 Mortgage Relief - WSJ

Country Fresh Files for Bankruptcy, Plans to Sell Itself

Gas at One U.S. Hub Is Trading at $999. Last Week It Was at $4 - Bloomberg

SEC Charges Ratings Agency With Disclosure And Internal Controls Failures Relating To Undisclosed Model Adjustments

Mall Operators Face Trouble Ahead As Tenant Exodus, Pandemic Fallout Push Off Recovery | CoStar

U.S. Bankruptcy Watchdog Says NRA Law Firm Has ‘Disqualifying Conflicts’ - WSJ

Tribune Publishing to be acquired by hedge fund Alden Global Capital - Chicago Tribune

Dean & DeLuca Emerges From Bankruptcy | Progressive Grocer




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