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Luckin Coffee's Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in .
Luckin Coffee Inc.February 5, 2021 GMT
Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate Luckin
Coffee’s Restructuring of its Financial Obligations
All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected
Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees
BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited, today filed a verified petition under ch ....

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