Bankruptcy & Restructuring News Headlines for Wednesday Oct 5, 2022

Here's what we are reading this morning:

Job openings plunged by more than 1.1 million in August: Available positions totaled 10.05 million for the month, a 10% drop from the 11.17 million reported in July.

Puerto Rico Board Seeks Willkie to Advise on Utility Debt Talks: Puerto Rico’s financial oversight board is seeking Willkie Farr & Gallagher LLP to serve as special adviser to a mediation team that’s steering negotiations between the island’s bankrupt power utility and its creditors.

Bankrupt crypto lender Celsius loses another top executive and co-founder, internal memo says: S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.

Juul Labs Prepares to Enter Financing Talks for Potential Ch. 11 Bankruptcy - Bloomberg: Juul Labs Inc. is beginning talks regarding funding for a potential Chapter 11 bankruptcy, according to people with knowledge of the preparations.

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