🤡New Chapter 22 Bankruptcy Filing - Tuesday Morning Corporation🤡
On January 4, 2021, Tuesday Morning Corporation (“TM”) proclaimed that it had “successfully complete[d]” its restructuring process — powered in part by a $40mm rights offering and, in other part, by a new $110mm asset-backed lending facility from a trio of banks, J.PMorgan Chase & Co. ($JPM), Wells Fargo Bank NA ($WFC), and Bank of America Inc. ($BAC). …