Bankruptcy & Restructuring News Headlines for Wednesday Jul 12, 2023

Here's what we are reading this morning:

Retail defaults set to jump this year, Moody’s says | Retail Dive: Retailers without adequate financial cushion are especially vulnerable amid weak consumer spending and elevated costs, the analysts said.

A Path Forward for Regulating Crypto Markets - WSJ: Two former top regulators argue that litigation by the SEC is only part of the crypto-regulation solution.

Mallinckrodt Sued for Allegedly Misleading Investors: Shareholders accuse the pharmaceutical company of misrepresenting its financial strength before missing payments to opioid victims and bondholders.

Is China Mired in a ‘Balance Sheet Recession’? - WSJ: China’s housing market is weakening again. But as worrying as that is for the nation’s growth, it may be a symptom of a much larger, thornier problem.

Majority of crypto investors want more financial disclosures, survey finds | The Block: A majority of investors say they want more transparency and regular information from digital asset projects.

VanMoof, the e-bike darling, skids off track: Sales paused, execs depart | TechCrunch: VanMoof has by its own admission, stopped taking orders, and filed paperwork, revealed in January, of its need to raise money to stave off bankruptcy.

Buy Buy Baby stores to close, Go Global bid to save chain falls apart: Brand management firm Go Global was eager to save Bed Bath & Beyond's crown jewel Buy Buy Baby, but it couldn't reach an agreement on valuation.

Anchor Brewing Company, maker of San Francisco's hometown beer, will cease its operations - San Francisco Business Times: The San Francisco brewery had already announced last month that it would planned to stop selling its beer nationally. Now, all brewing has stopped.

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