text large_stringlengths 63 5.87k | label large_stringclasses 2
values | netloc large_stringlengths 5 48 | url large_stringlengths 32 1.63k |
|---|---|---|---|
Steinhoff holds a 50% stake in Mattress Firm, which is touted as the US's leading speciality bedding retailer. However, much like shareholder Steinhoff, the Mattress Firm has seen its share of financial woes in the last few years. In 2018 – just two years after Steinhoff bought its share of the business for more than $... | not-forward | www.moneyweb.co.za | https://www.moneyweb.co.za/news/companies-and-deals/steinhoff-looks-to-list-mattress-firm-on-new-york-stock-exchange |
While upholding UltraTech's bid, a two-judge bench headed by Justice Rohinton F. Nariman dismissed the appeal by Dalmia Bharat Pvt. Ltd-owned Rajputana Properties. | not-forward | www.livemint.com | https://www.livemint.com/Companies/t4naP5lqSqbMDrcJAlWz2I/SC-upholds-NCLAT-order-approving-Ultra-Techs-revised-bid.html |
There were eight Chapter 11 filings last month — compared with none a year earlier — which all came from Pacific Links US Holdings Inc. and seven affiliates. Chapter 11 filings are primarily for business reorganization. | not-forward | www.staradvertiser.com | https://www.staradvertiser.com/2021/03/08/hawaii-news/hawaii-bankruptcy-cases-plunge-again-despite-covid-19 |
Since early February, Bon-Ton Stores, Inc., the Elder-Beerman stores parent company, has been mired in Chapter 11 bankruptcy. MORE : Customers push back on DP&L rate hike request The group acquired the bankrupt retailer's assets last month after submitting a winning bid to a U.S. bankruptcy court. "All told, the retail... | not-forward | www.daytondailynews.com | https://www.daytondailynews.com/business/company-hired-sell-all-elder-beerman-real-estate/lzS8D4p1FRE92jP2iGdpwN |
An automotive plastics and tooling supplier to major auto makers and Tier 1 manufacturers has filed for bankruptcy after months of financial distress. Auburn Hills, Mich.-based Unique Fabricating N.A. Inc. filed a petition for voluntary Chapter 7 protection in the U.S. Bankruptcy Court for the District of Delaware on W... | not-forward | www.rubbernews.com | https://www.rubbernews.com/news/gm-rivian-supplier-unique-fabricating-files-bankruptcy |
The singer and actress took charge of her popular Jessica Simpson collection last year when its parent company, Sequential Brands Group Inc., filed for Chapter 11 bankruptcy protection in August. (John Shearer/Getty Images for the Jessica Simpson Collection) | not-forward | biz.crast.net | https://biz.crast.net/jessica-simpson-recalls-her-credit-card-was-rejected-when-she-went-to-taco-bell-the-other-day |
A bankruptcy filing does not mean a company will be forced out of business. Many companies have gone through the process and gone on to post record profits, including automaker General Motors (GM) and many of the nation's airlines. But many companies that have filed for bankruptcy with the intention of staying in busin... | not-forward | www.cnn.com | https://www.cnn.com/2020/05/22/business/hertz-bankruptcy/index.html |
Hawaiian's court-appointed trustee, Joshua Gotbaum, Ranch Capital LLC and a committee of unsecured creditors have submitted their own joint reorganization plan. Ranch Capital last year purchased a majority share in the airline's parent, Hawaiian Holdings Inc. | forward | www.aviationpros.com | https://www.aviationpros.com/home/news/10436319/hawaiian-airlines-investor-arrested |
Offshore drilling contractors have had a particularly difficult time since their share prices posted recent highs last fall. Diamond Offshore stock had lost about 95% of its value since last September by the time the company filed for bankruptcy in late April. Noble's stock has dropped by more than 80% since last year ... | not-forward | 247wallst.com | https://247wallst.com/energy-business/2020/07/31/offshore-driller-noble-files-for-bankruptcy |
In May 2024, the Danish shipping company resumed this process by decision of the sole shareholder dated April 10. In 2023, as it turned out, the procedure was temporarily suspended. In addition to Maersk LLC, the Danish shipping company sold two logistics sites in Russia, located in St. Petersburg and Novorossiysk, at ... | not-forward | www.oreanda-news.com | https://www.oreanda-news.com/en/transport/the-world-s-largest-goods-carrier-has-liquidated-its-business-in-russia/article1529509 |
"As per the Coinbase Agreement, after Nov 9, 2024, non-corporate creditors who still have not received their Celsius distribution via Coinbase will automatically be rerouted to a US dollar (USD) distribution partner instead." | forward | cryptorank.io | https://cryptorank.io/news/feed/c0808-celsius-initiates-second-payout-of-127-million-enhancing-creditor-returns-to-60-4 |
Target Corporation (NYSE: TGT ) shares are perking up in what looks like preparation for a breakout. Year-to-date, TGT has been rangebound with resistance near the $74-a-share level. This caps a long sideways range going back to early 2015 as the retailer has struggled with online competitors, tepid traffic growth, and... | not-forward | investorplace.com | https://investorplace.com/2018/05/3-stocks-to-buy-before-they-break-out |
But in the cash-strapped aftermath of the split with Evergrande, the startup now has fewer than 400 people working on reduced payroll in the US through the furlough, according to one current employee. It has lost many key employees, too. Two of its three co-founders have resigned in the last year and a half, as have ma... | not-forward | www.theverge.com | https://www.theverge.com/2019/5/1/18524108/faraday-future-bankruptcy-expert-birch-lake-loan |
U.S. Bankruptcy Judge John Sherwood, who issued an order barring seizure of Hanjin property by creditors, acknowledged that some details remained unresolved and urged the parties to "self-help" and work out problems among themselves. That could prove thorny. Hanjin has identified 14 U.S.-bound ships in bankruptcy filin... | not-forward | www.cnbc.com | http://www.cnbc.com/2016/09/10/hanjin-one-ship-cleared-to-dock-at-us-port-others-remain-in-limbo.html |
Stamford, Connecticut-based H/2 is headed by Spencer Haber, whose background is real estate finance. Haber's resume includes Salomon Brothers, what was then Starwood Financial Trust, Lehman Brothers Holdings Inc. and iStar Financial, according to a regulatory filing. H/2 made its name during restructuring efforts at To... | not-forward | www.crainsnewyork.com | https://www.crainsnewyork.com/retail-apparel/jcpenney-faces-possible-snag-smooth-restructuring |
(Fulton, 11/9) In other pharmaceutical news — Reuters: Eli Lilly Ordered To Pay $176.5 Mln To Teva In U.S. Migraine Drug Patent Trial Eli Lilly & Co must pay Teva Pharmaceuticals International GmbH $176.5 million after a trial to determine whether its migraine drug Emgality infringed three Teva patents, a Boston federa... | not-forward | kffhealthnews.org | https://kffhealthnews.org/morning-briefing/thursday-november-10-2022 |
Audacy can now proceed with its plan to restructure its nearly $1.6 billion in debt. Laurel Tree Opportunities Corp., a group with ties to the Soros-backed Fund for Policy Reform, is poised to gain a controlling interest through the reorganization plan's issuance of new common stock and special warrants. Read NRB's ear... | forward | nrb.org | https://nrb.org/fcc-approves-soros-shortcut-on-audacy-takeover |
Depending on your perspective — and how bullish you are on the future of electric mobility — Proterra's heavily-PRed bankruptcy filing was some combination of expected, concerning, and forethoughtful. Because even without the largest American EV-bus manufacturer folding, replacing entire fleets of diesel buses with bat... | not-forward | usa.streetsblog.org | https://usa.streetsblog.org/2023/08/15/americas-largest-e-bus-manufacturer-is-going-bankrupt-but-that-isnt-the-only-challenge-facing-the-transition |
The disgraced former chief of Anglo Irish Bank will be forced to testify about his personal wealth and the role he played in the epic downfall of the huge Irish bank, according to a settlement agreement reached today in U.S. Bankruptcy Court. | forward | www.bostonherald.com | https://www.bostonherald.com/2010/12/02/former-anglo-irish-bank-ceo-to-testify-in-bankruptcy-case |
Frontier spokesman Jim Faulkner declined to comment, while a representative for Indigo didn't immediately comment. Volaris, Virgin, Spirit A U.S.-listed airline IPO is a rare occurrence. Only three companies have completed initial share sales in the past five years: Mexican low-cost carrier Controladora Vuela Cia. de A... | not-forward | 50skyshades.com | https://50skyshades.com/news/airlines/frontier-airlines-is-considering-a-rare-us-carrier-ipo |
Then GM filed bankruptcy in June 2009 which led to the injection of $49.5 billion of taxpayer funding, eliminated most of the company's debt and provided for the sale of its best assets to a new company called General Motors Co. The unwanted assets remained in bankruptcy courts as Motors Liquidation Co. | not-forward | www.freep.com | https://www.freep.com/story/money/2015/05/14/general-motors-uaw-retiree-healthcare-bankruptcy/27307989 |
The second-largest U.S. mortgage insurer, PMI Group Inc., posted a fourth consecutive quarterly loss as claims surged amid rising homeowner defaults. The second-quarter net loss was $246.3 million, or $3.03 a share, compared with profit of $83.8 million, or 95 cents, a year earlier, the Walnut Creek, California-based i... | not-forward | programbusiness.com | https://programbusiness.com/news/pmi-posts-another-loss-in-second-quarter |
Suniva and SQN Capital were in constant focus during the Section 201 trade case, not least from US solar trade body, SEIA. Post the Section 201 trade case, Leading 'Silicon Module Super League' (SMSL) member JinkoSolar has announced plans to build a 600MW module assembly plant in the US, followed by US-headquartered Su... | forward | www.pv-tech.org | https://www.pv-tech.org/suniva-plans-partnership-to-restart-manufacturing-operations |
JAL is expected to use the bankruptcy filing to slim down significantly, with mass redundancies and network reductions expected to take place within the next year. However, the airline and the oneworld alliance have said that there will be no immediate changes to services as a result of the bankruptcy. Meanwhile, media... | forward | australianaviation.com.au | https://australianaviation.com.au/2010/01/jal-enters-bankruptcy-protection |
Quirky has filed for Chapter 11 bankruptcy and has accepted a $15 million bid for the Wink home automation hub from Flextronics, the contract manufacturer that originally built the device. Quirky's bankruptcy filing cites between $50 million and $100 million in debts and between $10 and $50 million in assets. Its large... | not-forward | fortune.com | https://fortune.com/2015/09/22/quirky-files-bankruptcy |
Reddy Ice Confirms Plans to File for Bankruptcy Protection ( WSJ ) Packaged-ice maker Reddy Ice Holdings Inc. confirmed it plans to file for Chapter 11 bankruptcy protection and expects to commence the bankruptcy case "promptly." The Wall Street Journal reported Sunday that Dallas-based Reddy Ice would file a so-called... | forward | www.insidermonkey.com | https://www.insidermonkey.com/blog/hedge-fund-news-george-soros-phil-falcone-bill-ackman-11804 |
Microsoft Corporation (NASDAQ:MSFT) will hold its financial analysts' meeting on September 19th, and is expected to maintain its planned business reorganization, according to a report from Goldman Sachs by analysts Heather Bellini, Sonya Banerjee and Brian Baytosh. The analysts also point out that the Board of Director... | forward | www.valuewalk.com | https://www.valuewalk.com/microsoft-corporation-msft-financial-analysts-meet |
Contrastingly, Revlon's rival brand Coty Inc. has been successful in gaining sufficient market share by means of heavy investments for the improvement of supplies. Along with it, for catering to a post-pandemic rebound in the demands of make-up products such as lipsticks and mascaras. | not-forward | techstory.in | https://techstory.in/cosmetics-company-revlon-files-for-bankruptcy-protection |
Summit, which is owned by fast-food franchise Carls Jr. parent company CKE Restaurants, is now seeking a buyer to try and keep its remaining 108 restaurants afloat. | not-forward | www.dailymail.co.uk | https://www.dailymail.co.uk/news/article-12065297/Major-Hardees-franchisee-files-bankruptcy-closing-39-108-stores-eight-states.html |
Although a shift to cost-cutting efforts sounds like it would have benefitted dollar stores, the discounters are increasingly losing market share to value retailers like Walmart and e-commerce retailers like Temu. Dollar Tree fell short of expectations for holiday-quarter sales in its fourth quarter earnings report, me... | not-forward | www.aol.com | https://www.aol.com/dollar-tree-exploring-sale-family-131848076.html |
Rare earth producer Molycorp is moving forward with its Chapter 11 process and received court approval for an improved debtor-in-possession (DIP) financing package provided by Oaktree Capital Management. | not-forward | www.e-mj.com | https://www.e-mj.com/leading-developments/molycorp-secures-financing-more-time-to-pursue-reorganization-plan |
In Burtch v. Avnet, Inc. (In re ManagedStorage International, Inc. et al. ), 1 ManagedStorage International, Inc. and its related affiliates (Debtors) filed a bankruptcy petition on February 4, 2009. Simultaneously, the Debtors filed a motion to sell their assets pursuant to a Section 363 sale free and clear of all lie... | not-forward | www.afslaw.com | https://www.afslaw.com/perspectives/alerts/us-district-court-the-district-delaware-analyzes-sufficiency-notice-rule-9019 |
The number of bankruptcy filings in June was 120,623, or an average of 5,483 a day, a drop of 6.2 percent from May, when filings totaled 122,775, or 5,846 a day, according to a report from Epiq Systems, which tracks bankruptcy filings. Average daily filings are down nearly 10 percent from June of last year. | not-forward | www.mercurynews.com | https://www.mercurynews.com/2011/07/06/news-in-brief-bankruptcy-filings-bailout-money-service-sector |
Prior to October 2012, the Debtor changed its name to Sterling United, Inc. and moved its headquarters to 6030 North Bailey Avenue, Amherst, NY. 7 First Niagara amended its UCC filings to change the debtor's name and address, but failed to update the collateral descriptions. 8 Four months later, First Niagara amended i... | not-forward | www.mondaq.com | https://www.mondaq.com/unitedstates/financial-services/559008/minimal-blanket-maximum-comfort-less-is-more-when-drafting-all-assets-ucc-1-descriptions |
The current system, known as inverse condemnation, exposes the state's utilities to liabilities from wildfires regardless of their negligence, as long as their equipment is involved. The current system pushed PG&E to seek bankruptcy protection in January, as it faced liabilities in excess of $30 billion related to the ... | forward | www.marketscreener.com | https://www.marketscreener.com/quote/stock/EDISON-INTERNATIONAL-12435/news/Edison-International-California-governor-proposes-fund-to-pay-for-wildfire-liabilities-PG-E-share-28398687 |
Credit Suisse has battled comparisons to Lehman Brothers, the Wall Street investment bank that filed for bankruptcy protection in September 2008, the peak of the great financial crisis. Bank executives earlier this month reached out to investors and clients to reassure them about Credit Suisse's liquidity and financial... | forward | fortune.com | https://fortune.com/2022/10/27/credit-suisse-restructuring-asset-sale-9000-headcount-cs-first-boston |
By brand, same-store sales fell 5% at Abercrombie, but rose 3% at Hollister. "Our third quarter results exceeded our expectations coming into the quarter and provide the strongest validation yet that our initiatives are working, said Arthur Martinez, executive chairman, Abercrombie. "We have seen positive customer resp... | not-forward | chainstoreage.com | https://chainstoreage.com/news/abercrombie-fitch-comeback-trail |
It's the only team it hasn't made a payment to so far. "Major League Baseball is ready to produce and distribute games to fans in their local markets in the event that Diamond or any other regional sports network is unable to do so as required by their agreement with our Clubs," according to MLB's statement, which poin... | forward | www.cnbc.com | https://www.cnbc.com/2023/03/14/diamond-sports-files-for-bankruptcy.html?__source=appletv|proqrcode|featured |
The first such pacts between Kodak and the studios were struck in early 2015, roughly 18 months after the film manufacturer emerged from bankruptcy protection. At the time, its film sales had plummeted as the use of digital imaging technology rose, and the agreements were designed to keep Kodak's film manufacturing bus... | not-forward | www.hollywoodreporter.com | https://www.hollywoodreporter.com/amp/behind-screen/studios-up-kodak-deals-keep-celluloid-film-alive-1274709 |
Shortly after JCPenney CEO Ron Johnson made a splashy presentation to Wall Street on Penney's turnaround plans, Lundgren said he wrote to Johnson to congratulate him. | not-forward | nypost.com | http://nypost.com/2013/02/25/macys-ceo-hung-up-on-martha-stewart-betrayal |
Lucent Technologies ( LU ) agreed to buy some assets from Riverstone Networks for $170 million. As part of the deal, Santa Clara, Calif.-based Riverstone will file for Chapter 11 bankruptcy protection. Under section 363 of Chapter 11, solvent companies can file for protection from creditors in the name of conducting an... | not-forward | www.thestreet.com | https://www.thestreet.com/technology/lucent-buying-riverstone-assets-10267028 |
Other carriers have restructured in bankruptcy - only to learn soon afterward that their management's projections of fuel prices, revenues or other variables were flawed. US Airways has made two journeys through bankruptcy court since the 2001 terrorist attacks. Continental Airlines made two trips in an earlier era, an... | not-forward | www.aviationpros.com | http://www.aviationpros.com/news/10392261/northwest-predicts-higher-revenues-post-chapter-11 |
Nortel, after years of turmoil, entered bankruptcy protection in 2009. Since that time, Nortel has sold many of its constituent parts from its wireless enterprise and optics division to foreign companies. In the sell-off of its wireless technology division, the federal government was presented an opportunity to bring t... | not-forward | openparliament.ca | https://openparliament.ca/debates/2010/4/28/judy-wasylycia-leis-2/?page=8 |
That would top the $530 million in cash plus $239 million of convertible notes that made up Ciena's winning bid for what was considered one of Nortel's more-prized units. In its filing with the bankruptcy court, Nokia Siemens took issue with the valuation of the convertible note portion of the offer. Nokia Siemens, wit... | not-forward | www.smh.com.au | https://www.smh.com.au/technology/nokia-willing-to-pay-more-for-nortel-assets-20091203-k6pp.html |
We are sorry to have had to take this step and we're doing everything we can to support those affected. This follows a report from Thursday by Bloomberg that OneWeb, which has nearly $3 billion in investment from SoftBank over its past two rounds, is considering filing for bankruptcy protection as one possible way to d... | forward | techcrunch.com | https://techcrunch.com/2020/03/20/oneweb-confirms-layoffs-and-potential-launch-schedule-delays-amid-reported-bankruptcy-considerations |
Equifax analyzed Chapter 7, 11 and 13 filings, as part of its comparative study on small business bankruptcy petitions quarter over quarter. Equifax classifies a small business as a commercial entity of fewer than 100 employees. | not-forward | www.prnewswire.com | http://www.prnewswire.com/news-releases/small-business-bankruptcies-shrink-for-fourth-straight-quarter-166933836.html |
NEWARK, Calif., April 11, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID), maker of the world's most advanced electric vehicles, today announced it has reached an agreement to acquire select facilities and assets in Arizona previously belonging to Nikola Corporation, subject to approval by the U.S. Bankruptcy Cou... | forward | www.finanzen.net | https://www.finanzen.net/nachricht/aktien/lucid-to-acquire-select-facilities-and-assets-previously-belonging-to-nikola-corporation-will-extend-offers-to-300-former-nikola-employees-14385978 |
Disagreements over redemption of those rights, which were granted to Frontier workers in 2011 in exchange for concessions, had delayed a deal for months prior to the announcement. Terms of the deal with Republic gave Indigo until the end of October to resolve those issues. Though the parties offered no comment on Tuesd... | forward | www.thestreet.com | http://www.thestreet.com/story/12087566/1/the-deal-frontier-pilots-on-board-with-indigo-deal.html |
Bankrupt Yellow Corp. has filed a motion with a federal bankruptcy court in Delaware to sell three terminals for approximately $16 million, as reported by FreightWaves. The largest sale involves a 42-door terminal in Ontario, Canada, for $15.6 million, with a local concrete supplier expected to acquire the property. | forward | www.indexbox.io | https://www.indexbox.io/blog/yellow-corp-sells-three-terminals-for-16-million |
See KK-PB Financial LLC v. 160 Royal Palm LLC, 142 S.Ct. 2778 (2022). S ee In re Sears Holdings Corp., 2021 WL 5986997 (2d Cir. Dec. 17, 2021), cert. granted, 142 S. Ct. 2867 (2022). In its decision, the Second Circuit agreed with the district court below, which concluded that MOA's appeal was moot under section 363(m)... | not-forward | www.mondaq.com | https://www.mondaq.com/unitedstates/insolvencybankruptcy/1277490/the-year-in-bankruptcy-2022 |
Its other United Express partners include Mesa Air Group Inc., SkyWest Inc. and privately held Air Wisconsin Airlines Corp. | not-forward | www.chicagobusiness.com | https://www.chicagobusiness.com/article/20030728/NEWS10/20009615/united-commuters-shut-out-of-dulles |
Sino-Ocean Group Holding ( HK:3377 ) has released an update. Sino-Ocean Group Holding Limited has announced that the High Court in England has approved the convening of creditor meetings to discuss the proposed restructuring of its offshore debt. The meetings are set for November 22, 2024, and stakeholders are urged to... | forward | www.tipranks.com | https://www.tipranks.com/news/company-announcements/sino-ocean-group-moves-forward-with-debt-restructuring |
California Governor Gavin Newsom on Friday rejected the bankruptcy reorganization plan submitted by PG&E Corp (PCG.N), the state's largest investor-owned utility, saying the proposal fails to comply with a recently enacted state wildfire law. | not-forward | financialpost.com | https://financialpost.com/pmn/business-pmn/reuters-news-schedule-at-6-a-m-gmt-1-a-m-et-5 |
Strikingly, Crumbs Bake Shop has traveled through a remarkably similar, painful path to where it sits today. At $1.15 per share, CRMB trades 93% off of its all time intraday high of $16. Incorrect in hindsight, in 2009 critics such as J.P. Morgan's John Ivankoe stated that the novelty of the Krispy Kreme Doughnut shop ... | not-forward | seekingalpha.com | http://seekingalpha.com/article/1666562-revisiting-crumbs-bake-shop-is-it-finally-the-next-krispy-kreme?source=cc |
The deal comes as part of American's restructuring under Chapter 11 bankruptcy protection and US Airways' ambitions to grow and vault into the big leagues with airlines the size of Delta and United. US Airways chief executive Doug Parker – who tried but failed to engineer a merger with Delta during Delta's bankruptcy s... | forward | www.ajc.com | https://www.ajc.com/business/airline-merger-wave-crests-with-american-airways/kIN93olj7oKuEgNvnut0AP |
In 2015, private equity firm KKR invested in CCM, taking a majority stake for $258 million. But relations soured last year when CCM sued KKR and other investors for fraud and gross negligence, alleging the latter had made "a deliberate attempt ... to intentionally make false and material misleading statements through t... | not-forward | finance.yahoo.com | https://finance.yahoo.com/news/dirt-cheap-parent-company-files-010100733.html |
In 2023, Intel reduced its workforce by about 5%, ending the year with 124,800 employees after starting job cuts in October 2022. | not-forward | www.benzinga.com | https://www.benzinga.com/news/24/07/40073980/intel-plans-job-cuts-to-fund-turnaround-efforts-bloomberg |
After seeking billions of dollars in federal aid after the 2008 financial crisis, Chrysler entered bankruptcy protection in June 2009 and emerged a month later under the management of Fiat's Sergio Marchionne. | not-forward | carnewschina.com | https://carnewschina.com/2011/01/12/chrysler-looks-to-china-to-drive-a-sales-recovery |
Before this announcement, there have been 2,187 U.S. store closing announcements this year, with Gymboree and Ascena Retail, the parent of Lane Bryant and other brands, accounting for more than half the total, according to the research firm. | not-forward | www.westernjournal.com | https://www.westernjournal.com/ap-payless-shoesource-to-shutter-all-of-its-remaining-us-stores |
(AP) — A group of Tribune Co. creditors filed a lawsuit Friday alleging the media company's nearly two-year stint in bankruptcy protection might have been averted if not for the greed of big banks who saddled the business with more debt than it could afford to repay. The complaint filed in New York state court seeks to... | not-forward | www.chicagobusiness.com | http://www.chicagobusiness.com/article/20101029/NEWS06/101029856/suit-says-banks-toppled-tribune-with-debt" |
The avoidance claims dismissed by the bankruptcy court were brought under section 548(a)(1)(A) of the Bankruptcy Code, which empowers a bankruptcy trustee to avoid pre-bankruptcy transfers made with the intent to hinder, delay, or defraud creditors. The court ruled that: (i) the trustee did not adequately allege that L... | not-forward | www.mondaq.com | https://www.mondaq.com/unitedstates/insolvencybankruptcy/550300/in-brief-district-court-denies-lyondell-shareholders-motion-to-reconsider-actual-fraud-imputation-ruling-or-to-certify-direct-appeal |
Sears Holdings filed for bankruptcy protection in October 2018 and was acquired by former CEO Eddie Lampert's hedge fund ESL in a $5.2 billion deal in 2019. Under the newly formed Transformco, dozens of Sears and Kmart stores have closed. | not-forward | www.ibtimes.com | https://www.ibtimes.com/sears-pulls-out-its-home-state-closing-last-store-city-3298154 |
Eastman Kodak (NYSE:EK) is reportedly preparing for a potential bankruptcy filing as early as this month if the once-iconic imaging company's last-ditch effort to unload more than 1,000 patents fails. | forward | www.foxbusiness.com | https://www.foxbusiness.com/features/report-kodak-readies-bankruptcy-filing-shares-plunge-below-50-cents |
An analyst says that Johnson Controls' agreement to buy battery maker A123 Systems' automotive assets is a good strategic fit and gives it access to new lithium ion battery technology. On Tuesday A123 Systems Inc. filed for bankruptcy protection. Johnson Controls Inc., an auto parts and building equipment maker, plans ... | forward | www.manufacturing.net | https://www.manufacturing.net/home/news/13205309/analyst-sees-benefits-to-johnson-controls-deal |
Since then, Judge Mark granted Psystar's motion to dismiss bankruptcy proceedings in the district of Southern Florida, but did so with prejudice. His order stipulated that Psystar cannot file for Chapter 11 bankruptcy for a period of 12 months, and also stipulated that Psystar will not be granted an automatic stay from... | not-forward | arstechnica.com | http://arstechnica.com/apple/news/2009/08/psystar-bankruptcy-dismissed-out-of-the-frying-pan-into-the-fryer.ars |
"We are proud shareholders in one of the leading European online iGaming companies with several strong brands and we firmly believe Betsson has positioned itself very well in regulated markets and recently started interesting B2B activities with their own developed sportsbook," commented Michael Knutsson – CEO of Knuts... | forward | www.casinolifemagazine.com | https://www.casinolifemagazine.com/news/knutsson-holdings-ab-increases-its-voting-stake-betsson-ab |
In December, a US bankruptcy court judge approved plans to end Lehman's Chapter 11 bankruptcy protection and move it toward liquidation. Its full dissolution depends on settling creditors' claims worth around $US450 billion. Lehman, the poster child of the global financial meltdown, declared bankruptcy on September 15,... | not-forward | www.smh.com.au | https://www.smh.com.au/business/lehman-exits-bankruptcy-to-repay-debt-and-vanish-20120307-1uivg.html |
The bankruptcy filing in January 2012 was carried out under Chapter 11, with the primary objective being the continuation of Kodak's operations and the pursuit of a strategic restructuring. A pivotal component of this restructuring strategy involved the sale of the company's substantial digital imaging patent portfolio... | not-forward | www.brandsynario.com | https://www.brandsynario.com/why-did-kodak-declare-bankruptcy-in-2012 |
Any residual sales will be closed in the coming weeks. During its restructuring, GenesisCare was advised by PJT Partners as investment banker, Alvarez & Marsal as restructuring advisor, and Kirkland & Ellis LLP, Herbert Smith Freehills, and Jackson Walker LLP as legal counsel. The ad hoc group of Lenders was advised by... | forward | www.healthtechdigital.com | https://www.healthtechdigital.com/genesiscare-completes-reorganisation-and-emerges-from-chapter-11 |
With the acquisition, Beyond will get its hands on a business that reportedly generated $666 million in sales last year — even as the company laid off most of its workforce and went through a liquidation process as part of a surprising downfall. Beyond said it plans to get Zulily up and running again by the end of May,... | forward | www.geekwire.com | https://www.geekwire.com/2024/beyond-pays-4-5m-to-acquire-zulily-brand-plans-to-relaunch-flash-sale-site-later-this-year |
Executives said adding Post to the company may give Ralcorp the momentum to pursue more acquisitions in the future. "The Post platform gives us the scale to now look at the potential of branded acquisitions," said David Skarie, co-chief executive officer who will be responsible for Post after the transaction is complet... | forward | www.cnbc.com | https://www.cnbc.com/2007/11/15/privatelabel-cereal-maker-ralcorp-to-buy-krafts-post.html |
CAR maker GM Holden revealed yesterday that it had posted a $210.6 million loss for calendar 2009 - the fifth run of red ink at the Red Lion in as many years. However, the Australian arm of the giant US company General Motors was able to put a positive spin on the result, saying that auditors' concerns aired in Holden'... | not-forward | www.smh.com.au | https://www.smh.com.au/business/holden-profits-still-stuck-in-reverse-20100331-rexz.html |
I have seen pictures of this guy's face on my niece's bedroom wall countless times but only just found out his name. He was a singer with Westlife who invested a huge amount of money in property in Sligo, flash cars and even a helicopter. Things went wrong when the Irish property market went downhill and he was declare... | not-forward | moneybulldog.co.uk | https://moneybulldog.co.uk/famous-people-go-bankrupt-too |
While Dischinger initially thought that it would be "less likely" for Bed Bath & Beyond to file for bankruptcy by the end of the first quarter" of 2023, giving it time to "get on good terms with lenders while continuing to shrink their brick-and-mortar footprint," it happened anyway. | not-forward | marketrealist.com | https://marketrealist.com/p/is-bed-bath-and-beyond-going-bankrupt |
''This was not an intellectual exchange of ideas,'' he recalled. ''The banker was holding his chair. The guy who was head of mergers and acquisitions was running to get him some water. The word 'brilliant' was used seven or eight times.'' Some seven years later, Citigroup's shareholders may be ruing the day that the fi... | not-forward | www.nytimes.com | http://www.nytimes.com/2004/05/16/business/when-citigroup-met-worldcom.html?_r=0&pagewanted=7&src=pm |
As Warrior Met emerged from the bankruptcy proceedings of the former Walter Energy, which declared bankruptcy in 2016, the new agreement with the union was negotiated. "They made the sacrifices to bring this company out of the bankruptcy of Walter Energy in 2016," Roberts said. "But today, instead of rewarding the sacr... | not-forward | skillings.net | https://skillings.net/1100-miles-west-alabama-mine-employees-have-announced-their-intention-to-strike |
The filings come amid serious legal scrutiny stemming from a federal lawsuit filed in the United States by Compeer Financial, a Minnesota-based farm credit cooperative. The lawsuit alleges that three Sunterra-owned hog operations — Sunterra Farms, Sunwold Farms, and Lariagara Farms — were involved in a "long-running fr... | not-forward | www.swineweb.com | https://www.swineweb.com/canada/sunterra-owned-hog-operations-and-meat-processor-file-for-bankruptcy-protection-amid-fraud-allegations |
2. North Texas Medical Center, which is owned by the Gainesville Hospital District, filed for Chapter 9 bankruptcy Jan. 17. The hospital's board approved a partnership agreement with King of Prussia, Pa.-based Universal Health Services in December. On Jan. 24, the bankruptcy court approved a debtor-in-possession loan t... | not-forward | www.beckershospitalreview.com | https://www.beckershospitalreview.com/finance/6-latest-hospital-bankruptcies-closures-020717.html |
The lenders have also decided to take to bankruptcy court all step-down subsidiaries of Videocon Industries in order to put in place a comprehensive resolution plan. KPMG has been appointed as resolution professional for all these companies, said one of the executives, who spoke on condition of anonymity. The step-down... | forward | cfo.economictimes.indiatimes.com | https://cfo.economictimes.indiatimes.com/news/kpmg-is-now-videocons-resolution-professional/63077331 |
The group's operational activities will continue in Norske Skog AS as normal with as little impact as possible from the bankruptcy proceedings of the listed Norske Skogindustrier ASA. The non-listed Norske Skog AS will be the new operating parent company of the Norske Skog group, and will continue the head office funct... | forward | www.midlandco.com | https://www.midlandco.com/holmen-and-sca-evaluates-a-new-sawmill-in-rundvik |
Although these measures will provide a lifeline for the next four years, annual payout to the government will increase substantially to Rs 477 billion from FY27E. Our estimates already factor in a 15-18 per cent tariff hike in H2FY22, which is essential for VIL to adequately invest in the business to stop the ongoing s... | forward | www.sarkaritel.com | https://www.sarkaritel.com/vodafone-idea-would-opt-for-equity-conversion-during-moratorium/?amp=1 |
Founded in 1943, Jo-Ann has been a leading fabric and craft retailer for over 80 years. The company filed for Chapter 11 bankruptcy protection for the second time in January 2025. Plans include closing 500 of its remaining 800 locations to "right-size" its footprint. Declining sales, increased competition from online r... | forward | www.ourdebtfreefamily.com | https://www.ourdebtfreefamily.com/retail-chains-struggling-to-survive |
American may cut prices to keep planes full, particularly in anticipation of a slow January and February, but those are typical sale periods for the airlines. But the longer-term impact of an airline bankruptcy is higher ticket prices, not lower ones. As American uses this reorganization to get rid of many big, pricey,... | forward | www.dailymail.co.uk | https://www.dailymail.co.uk/news/article-2068044/American-Airlines-vows-honour-airmiles-existing-bookings-slipping-bankruptcy-longer-term-future-affected.html |
Pressured by investors, Tesco filed for bankruptcy and sold the chain to Yucaipa. Tesco invested about $1.6 billion in the venture before deciding to bail out. Fresh & Easy's woes have come as other newcomers to Southern California have come and gone. In late 2013, Assi Natural Market closed less than a year after its ... | not-forward | www.ocregister.com | http://www.ocregister.com/articles/stores-687730-fresh-easy.html |
If that is not fulfilled, then the deal could fall through. One of GM's conditions is that Spyker's chairman and its biggest investor, Russian banking tycoon Vladimir Antonov, should exit the company if the sale of Saab is completed. It is believed that GM fears Russian involvement in the deal as that could pass Saab's... | forward | www.theepochtimes.com | https://www.theepochtimes.com/gm-saab-sale-spyker_1518291.html |
In Puneet Resutra v. Jammu & Kashmir Bank Ltd., the National Company Law Appellate Tribunal (NCLAT), Delhi, dismissed the appeal filed by a shareholder of M/s Ace Engineering (India) Pvt. Ltd., thereby upholding the initiation of Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Insolvency and Bankr... | not-forward | taxguru.in | https://taxguru.in/corporate-law/ots-guarantors-extinguish-debt-corporate-debtor-nclat-delhi.html |
Representatives for the lenders declined to comment. Mizuho is a unit of Mizuho Financial Group Inc and Bank of Tokyo-Mitsubishi UFJ is part of Mitsubishi UFJ Financial Group Inc. The parties are unlikely to make any announcement on Thursday after CEO Kozo Takahashi meets with bankers to finalise a deal, the source sai... | forward | www.businesstimes.com.sg | https://www.businesstimes.com.sg/technology/japans-sharp-banks-near-us17b-bailout-deal-source |
Bud Heath, who owns the business, opened the 8,000-square-foot facility in September, 2016, after relocating from 2030 N. Highland Avenue. The facility was the former home of Say Grace Classic Southern Dining. JCPenney reopens at Old Hickory Mall According to a spokesperson at the Old Hickory Mall, JCPenney reopened We... | forward | talknwesttn.com | https://talknwesttn.com/strictly-business-in-case-you-missed-it-heres-a-look-at-this-weeks-highlights-sponsored-by-buchanan-realty-group-3 |
GM Canada's parent company, General Motors Corp. (NYSE:GM), has so far been unable to reach an agreement with its bondholders, and it is widely assumed the company will be forced to file for bankruptcy protection in the United States to work out a solution. | forward | toronto.citynews.ca | https://toronto.citynews.ca/2009/05/25/caw-members-approve-gm-cost-cutting-deal |
"Our union family will do everything in our power to protect the livelihoods of every member," said a statement from the United Food and Commercial Workers released after the bankruptcy filing two weeks ago. "We expect Haggen to do what is right by their hard-working employees and their families," the union said. Hagge... | not-forward | www.tucsonsentinel.com | https://www.tucsonsentinel.com/local/report/092815_haggen/union-blasts-haggen-store-closures |
PCHI and some of its subsidiaries filed Chapter 11bankruptcy protection Dec. 21 in the U.S. Bankruptcy Court for the Southern District of Texas. In the filing, the company states it has from $1 billion to $10 billion in liabilities and from 10,000 to 25,000 creditors. The company had tried to restructure in 2023, elimi... | not-forward | bizwest.com | https://bizwest.com/2024/12/26/party-city-shuts-down-local-party-retailers-affected |
According to BloombergQuint, while putting forth its argument in the top court BIL had said that UltraTech's out-of-court offer ensured that all Binani Cement creditors would be paid in full. UltraTech meanwhile argued that there were no grounds to disqualify them from making the offer. The Competition Commission of In... | not-forward | www.businesstoday.in | https://www.businesstoday.in/current/corporate/supreme-court-rejects-out-of-court-settlement-for-binani-cement/story/274793.html |
Ambac's lead bankruptcy attorney, William Smith of Chicago, declined to comment on how a Chapter 9 bankruptcy filing by the monorail would be better for his company than a Chapter 11, and attorneys with no involvement in the case tell the Sun they are not sure how Ambac would benefit from a Chapter 9 filing. | not-forward | lasvegassun.com | http://lasvegassun.com/news/2010/jan/22/after-all-promises-will-taxpayers-be-stuck-monorai |
To regain its financial footing, Zynga has set in motion a turnaround plan, which includes expanded cost savings, led by Chief Executive Officer Don Mattrick. | forward | www.foxbusiness.com | https://www.foxbusiness.com/features/zynga-names-former-best-buy-executive-cfo |
PETALING JAYA: Borders Malaysia's operations will not be affected by US-based Borders Group Inc's filing for bankruptcy. Berjaya Books Sdn Bhd, which operates the Borders chain in Malaysia, said in a statement that Borders Malaysia was an independent entity. "Borders Group Inc does not have any shareholdings in Borders... | not-forward | www.thestar.com.my | https://www.thestar.com.my/business/business-news/2011/02/18/borders-msia-not-affected-by-bankruptcy-filing-in-us |
Randolph, Massachusetts - Dunkin' Donuts Inc. said that it, along with a group of its franchisees, would pursue a possible bid for the assets of the Bess Eaton Donut Flour Co., which filed Monday for Chapter 11 bankruptcy in Rhode Island. Dunkin' Donuts, a coffee and baked-goods chain with more than 5,800 units, said i... | forward | www.entrepreneur.com | https://www.entrepreneur.com/business-news/small-business-dunkin-donuts-krispy-kreme-eye-bess/69878 |
Those problems began in February, after the Federal Communications Commission (FCC) rejected LightSquared's plans to launch its LTE network due to concerns that it would interfere with both commercial and military GPS technology. Because of this development, Leap Wireless has decided to buy future LTE connectivity for ... | not-forward | venturebeat.com | https://venturebeat.com/2012/05/14/lightsquare-bankruptcy |
Boeing took a first-quarter charge of $318 million charge related to its $3.9 billion contract with the Air Force for new presidential planes. Boeing fired and sued subcontractor GDC Technics, which in turn laid off about 200 workers and filed for bankruptcy protection this week. GDC, hired for interior work on the pla... | not-forward | apnews.com | https://apnews.com/article/health-business-coronavirus-391cc4f715f18655bbaa3dbc050e5847 |
The closure follows the manufacturer's filing for Chapter 11 bankruptcy protection in January, which it described as only a financial restructuring following a garnishment judgment against Kazuo Okada, founder of Universal and Aruze Gaming's sole shareholder. | not-forward | ggbnews.com | https://ggbnews.com/article/aruze-gaming-to-close-play-synergy-buying-aruze-ops |
SandRidge Energy Inc. ( SD ) announced Tuesday morning that the company has emerged from Chapter 11 bankruptcy protection and the stock has resumed traded under its previous ticker symbol, SD, on the New York Stock Exchange. In its pre-arranged Chapter 11 filing in May, the company's new capital structure includes $425... | not-forward | finance.yahoo.com | https://finance.yahoo.com/news/sandridge-energy-emerged-bankruptcy-525-165000144.html |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.