Bankruptcy & Restructuring News Headlines for Wednesday Nov 6, 2024

Here's what we are reading this morning:

Amazon Brand-Buying Sprees End in Bankruptcy - WSJ: Go North followed other buyers of Amazon sellers Thrasio and Benitago into bankruptcy as the sector struggled under slower consumer spending

Retail bankruptcies are leveling off, but election is a wild card: Defaults and bankruptcies in the retail sector are leveling off after a surge in 2023 and early 2024, rating agency analysts tell Axios.

Hawaiian Electric Industries Settles Maui Wildfire Lawsuit for Almost $2 Billion - WSJ: In an SEC filing, the utility lays out terms of its part in a $4 billion joint agreement over blazes in 2023 that killed 102 people

Spirit AeroSystems Issues Going-Concern Warning : The designer and manufacturer for commercial and defense aircraft said its liquidity has been affected in part by the strike at Boeing and limitations on that company’s ability to increase production

Bankruptcy Not Delaying NJ Health System's Antitrust Case : A New Jersey federal magistrate judge on Tuesday partly denied CarePoint Health Management's request to delay its antitrust case against RWJBarnabas Health Inc. because of CarePoint's recent bankruptcy filing.





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