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Bankruptcy & Restructuring News Headlines for Wednesday Feb 5, 2020

February 05, 2020

Here's what we are reading this morning:

Hyundai to halt South Korea output as China virus disrupts parts supply - Reuters

Houlihan Lokey named as adviser on U.S. overhaul of Fannie, Freddie - Reuters

In a July 2019 Gallup poll, 12% of U.S. adults said they smoke marijuana, a percentage that is essentially unchanged since 2015.

Coronavirus Shuts Macau, the World’s Gambling Capital - The New York Times

The biggest mall owner in the US thinks it can turn around Forever 21

American Commercial Lines Inc. Reaches Agreement with Lenders on Prepackaged Plan to Recapitalize Business

Sephora to open 100 stores in 2020, in bid to grow outside of the mall

Gig economy grows 15% over past decade: ADP report

Flexport axes 50 jobs 'in path to profitability' - The Loadstar

Macy’s to Close 125 Department Stores, Exit Weakest Malls - WSJ

Thread on Twitter: "A brief history of Macy's 'right-sizing' its store count"

U.S. Dermatology Defaults on $377 Million Direct Lender Loan - Bloomberg




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