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Bankruptcy & Restructuring News Headlines for Wednesday Jun 17, 2020

June 17, 2020

Here's what we are reading this morning:

Retail Sales Rebound in May, but the Future Looks Dim - The New York Times

J.Jill, Inc. Provides Business Update, Announces Forbearance Agreement with Lenders

Francesca's floats possibility of bankruptcy | Retail Dive

Briggs & Stratton Corporation "has chosen not to make an interest payment of $6.7 million due on June 15, 2020 with respect to the Company’s outstanding 6.875% Senior Notes due 2020"

PG&E to Exit Bankruptcy After Wildfires, Still Saddled With Debt - WSJ

Hilton lays off 22% of its corporate staff - CNN

As New York Reopens, Many of Its Hotel Rooms Look Closed for Good - WSJ

Tilman Fertitta, Landry’s CEO and chairman, joins ‘Power Lunch’ to discuss how his restaurants and casinos are recovering from coronavirus-related closures.

Fed officials' GDP forecasts not likely factoring second COVID wave: Powell - Reuters




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