Bankruptcy & Restructuring News Headlines for Wednesday Sep 15, 2021

Here's what we are reading this morning:

August 2021 CPI Report Shows Cooling Inflation - The New York Times: The Consumer Price Index climbed by 5.3 percent from August 2020, which is still faster than normal. But monthly gains are slowing, and that’s a good sign for economic policymakers.

Further Thoughts on Coinbase: Two Mysteries - Credit Slips: Adam Levitin: "I've been puzzling over two mysteries in the Coinbase saga: first, why does Coinbase care so much if Lend is deemed a security, and second, why did the SEC want the list of Coinbase customers who had signed up in advance for Lend."

Holiday shopping 2021: Early predictions call for fewer deals, delays: Holiday sales this year are expected to grow at least 7% compared with last year, according to forecasts from Bain, Deloitte and Mastercard.

Malls Bounce Back, but Brace for Tough Fall Season - WSJ: Analysts say that nicer weather got people out of the house and that newly vaccinated Americans felt better being around strangers in enclosed spaces.

Talen Energy Secured Debtholders Tap Houlihan for Debt Talks: A group of Talen Energy Corp. term loan holders have selected Houlihan Lokey Inc. to provide financial advice in the power company’s upcoming debt talks, according to people with knowledge of the situation.

China Evergrande Warns of Financial Pressure, Hires Advisers - The New York Times: China Evergrande hired restructuring experts, sending its shares lower and adding to worries about what its fate might mean to the country’s economy.

Delta’s Force Hits Economies From U.S. to China in Real-Time: From the U.S. to China and Germany, the latest data are flagging an economic slowdown as the new form of the coronavirus hits spending just as supply chain snarl ups threaten to keep inflation elevated.

Big Truckers Say Vaccine Mandate Could Push Drivers Away - WSJ: Big trucking companies say a federal vaccination and testing mandate aimed at curbing the spread of the Covid-19 virus could push more workers away from their operations and deepen upheaval in U.S. supply chains.

Boy Scouts reach $1 bln in sex abuse settlements with The Hartford, Mormon Church | Reuters: The Boy Scouts of America on Tuesday secured more than $1 billion in new settlements to resolve sex abuse claims, with $787 million coming from insurance group The Hartford and another $250 million from the Church of Jesus Christ of Latter-day Saints, one of its chartered organizations.

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