Bankruptcy & Restructuring News Headlines for Wednesday Jun 19, 2024

Here's what we are reading this morning:

Care/of is shutting down | Retail Dive: The vitamin and supplement company said it no longer has the needed funding to operate and has canceled all existing subscriptions

Oxford Capital Group turns four San Francisco hotels over to lender Acore in 'friendly foreclosure' - San Francisco Business Times: The Chicago-based firm acquired the four properties in 2019, near the height of downtown San Francisco's real estate market, en route to becoming one of the city's biggest hotel owners

DermTech Files for Voluntary Chapter 11 Protection | DermTech: Currently, the Company intends to continue its laboratory operations and processing orders for the DermTech Melanoma Test (DMT), while simultaneously conducting a process to sell substantially all of its assets

Crypto Collective Hector Files U.S. Bankruptcy to Stave Off Lawsuit - WSJ: The decentralized autonomous organization went into receivership in the British Virgin Islands in February

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