Restructuring

J.C. Penney lenders, landlords ink deal to keep chain open
The lender group was already set to take over most of J.C. Penney’s real estate at the outset of the bankruptcy case, with a plan that would have involved spinning the properties into a real estate investment trust and selling the rest of the retailer to the highest bidder.
September 10, 2020
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Chuck E. Cheese debt talks accelerate
Creditors to CEC Entertainment, which runs Chuck E. Cheese and Peter Piper Pizza, are weighing restructuring options including bankruptcy as the company seeks to get through the pandemic that has shuttered its locations.
June 19, 2020