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Bankruptcy & Restructuring News Headlines for Wednesday Oct 21, 2020

October 21, 2020

Here's what we are reading this morning:

Synchrony (SYF) to Allow US Employees to Work From Home Permanently - Bloomberg

Curbside Popcorn and ‘Hocus Pocus’: Small Movie Theaters Try Anything to Survive - WSJ

AMC to Sell Stock While Warning It May Go Bankrupt, Leaving Shares Worthless - Bloomberg

Empty Dorms Put Squeeze on Colleges to Bail Out Billions in Debt - Bloomberg

Revlon Says Bond Investors May Not Get Paid if Exchange Fails - Bloomberg

Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat, with most cuts aimed at Hong Kong workforce | South China Morning Post

BlackRock Says Scale of Restructuring May Exceed 2008 Crisis - Bloomberg

Deloitte finds US consumers anxious about their finances, health ahead of the holidays | Retail Dive

U.S. Files Antitrust Lawsuit Against Google: Live Updates - The New York Times

1.5 Million New Yorkers Can’t Afford Food. Pantries Are Their Lifeline. - The New York Times

Creditors Brace for Possible Debt Restructuring at Sinclair Sports Unit




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