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Bankruptcy & Restructuring News Headlines for Wednesday Jan 27, 2021

January 27, 2021

Here's what we are reading this morning:

Bankrupt Christopher & Banks has bid from lender to buy e-commerce business | Retail Dive

Beauty retailer L'Occitane files Chapter 11 | Retail Dive

British Auto Industry Risks Slow Decline After Brexit: Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars - The New York Times

Sycamore Partners Reaches Agreement to Recapitalize and Retain Control of Belk: "Belk expects to complete the financial restructuring transaction through an expedited "pre-packaged" reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company expects the transaction to be completed by the end of February."

Top-tier mall values have dropped 45% from 2016 levels: Green Street

Southwest Airlines offering another round of voluntary leave to workers

Rent Collection Is Down, and Apartment Owners Feel the Squeeze - WSJ




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