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Bankruptcy & Restructuring News Headlines for Wednesday May 27, 2020

May 27, 2020

Here's what we are reading this morning:

Expect a 'flood' of retail bankruptcies, says Related's Stephen Ross

McLaren Group is laying off 25% of its workforce

The coronavirus is accelerating Foot Locker’s plans to move its stores out of malls | Modern Retail

Consumer confidence up slightly but remains near 6-year low

Callon Petroleum Company Announces Termination of the Exchange Offer and Consent Solicitations :: Callon Petroleum Company (CPE)

This chart shows how America's malls depend on struggling retailers

High-End Apartment Owners Dodge Economic Slump - WSJ

Tupperware Tries to Contain Financial Woes With Debt Deal - WSJ

TGI Friday’s to Permanently Close Up to 20% of U.S. Restaurants - Bloomberg

Founder of Electric-Vehicle Startup Clears Bankruptcy Hurdle - WSJ




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