Supermarket Operator Fairway Enters Bankruptcy

05/03/16

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New York-based supermarket Fairway Group Holdings filed for bankruptcy and plans to keep operating normally, The Wall Street Journal reports.

Biotechnology company Bind Therapeutics filed for bankruptcy after defaulting on its debt, Daily Bankruptcy Review reports in WSJ.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

Teen retailer Aéropostale plans to file for bankruptcy this week and close up to 100 stores, WSJ reports.

As Puerto Rico’s government bank misses a big bond payment, its crisis is deepening, WSJ reports.

A new federal bailout rule will reach beyond banks, WSJ reports.

(And don’t forget to check out the latest professional bankruptcy moves.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa

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