Platinum Equity LLC-owned Incora risks running out of cash later this year as the aerospace supplier is struggling to drum up enough money to service its debts while facing mounting creditor litigation. The Fort Worth, Texas-based distributor of airplane parts had about $140 million of liquidity late last year, according to people familiar with the company’s finances. Incora has approximately $100 million in interest payments due in May, the people said.Traders said the company would struggle...

Bed Bath & Beyond Inc. missed interest payments on its bonds, a week after its bank lenders sent the company a default notice because it was overdrawn on its credit lines. The home-goods retailer failed to pay more than $28 million on three tranches of notes totaling roughly $1.2 billion due on Feb. 1, a spokeswoman for the company confirmed Wednesday. View Membership Options

Dozens of J.Crew Group Inc.’s landlords, including some of the biggest mall owners in the country, are seeking rent payments from the retailer’s stores as they reopen, according to court filings. The chain’s landlords—including Simon Property Group Inc., CBL & Associates Management Inc. and Brookfield Property REIT Inc.—say they deserve to be paid rent on stores as malls and shopping centers reopen. Many states are gradually easing restrictions on retailers that were forced to close stores to...

A bankruptcy judge allowed J.Crew Group Inc. to pause paying rent for two months despite pleas from many large landlords to resume payments as its stores start to reopen. At a hearing on Tuesday, Judge Keith Phillips of the U.S. Bankruptcy Court in Richmond, Va., said only seven of J.Crew’s roughly 500 stores have reopened, while most of the company’s employees remain furloughed and vendors are going unpaid. Moreover, J.Crew has already filed a restructuring plan that provides for payment of...

Midprice gym chain 24 Hour Fitness Worldwide Inc. is seeking a financing package to stay afloat through a possible bankruptcy filing that could come within weeks, according to people familiar with the matter. The company, which is based in San Ramon, Calif., and is owned by private-equity firm AEA Investors and the Ontario Teachers’ Pension Plan, has been shopping for a potential bankruptcy loan of as much as $200 million, one of the people said. ...