ARTICLE
29 June 2021

What We're Reading This Week [June 26, 2021]

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Bloomberg Law analyzes how middle-market companies may be unable to address upcoming supply chain disruption shifts, leading to an increase in bankruptcy filings. [Bloomberg Law; June 22, 2021]...
United States Insolvency/Bankruptcy/Re-Structuring

Bloomberg Law analyzes how middle-market companies may be unable to address upcoming supply chain disruption shifts, leading to an increase in bankruptcy filings. [Bloomberg Law; June 22, 2021]

The Wall Street Journal discusses how the pandemic altered retail shopping habits, and the anticipated closure by 2025 of half of remaining mall-based retailers. [WSJ; June 25, 2021]

Bloomberg discusses the transition from LIBOR, and market concerns with the upcoming transition deadline looming. [Bloomberg; June 25, 2021]

Bloomberg reports that Hertz Corp. is tapping the asset-backed securities market this week as part of its emergence from chapter 11 protection, with the proceeds of an anticipated $2.2 billion ABS offering to be used to finance the purchase of new vehicles for Hertz's rental fleet. [Bloomberg; June 21, 2021]

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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