Bankruptcy & Restructuring News Headlines for Wednesday Nov 15, 2023

Here's what we are reading this morning:

FTX Sues Crypto Exchange Bybit to Recover $953 Million in Cash and Assets - WSJ: The lawsuit is FTX’s latest attempt to recuperate assets owed to customers after disclosing a nearly $9 billion shortfall in deposits.

US inflation eased in October, driven by cheaper gas, cars and airfares | AP News: Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.

With Interest Rates Above 9%, Small Businesses Slam the Brakes - WSJ: Entrepreneurs are putting off equipment purchases and stepping up collection efforts to cope with steeper borrowing costs.

Metropolitan Brewing Closing For Good After Nearly 15 Years: Owners of the popular brewery said they could not resolve a years-long rent dispute with their landlord and mounting debt that led them to file for bankruptcy.

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