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"The recent bankruptcy filing by 23andMe raises questions about potential buyers of its genetic database that contains the information of approximately 15 million customers. Chinese companies have already taken steps to collect genetic data across the world that could be used for adverse purposes." | not-prediction | www.malwarebytes.com | https://www.malwarebytes.com/blog/news/2025/04/your-23andme-genetic-data-could-be-bought-by-china-senator-warns |
Its chief executive, Geoffroy van Raemdonck, announced he was waiving his salary for April. The brand denied to vendors and its own employees at its sister brand Bergdorf Goodman that it was engaging advisers to explore a bankruptcy filing, but on April 14, the S&P downgraded Neiman's credit rating. Last week, the reta... | not-prediction | www.straitstimes.com | https://www.straitstimes.com/world/united-states/the-death-of-the-department-store-very-few-are-likely-to-survive |
Building materials and composites systems manufacturer Owens Corning has been given another six and a half months to solicit votes for its plan to emerge from bankruptcy. Judge Judith Fitzgerald of the U.S. Bankruptcy Court in Wilmington, Delaware, issued the order on 12 December 2003 extending the company"s exclusive ... | not-prediction | www.glassonline.com | https://www.glassonline.com/owens-corning-more-time-to-solicit-votes-for-reorganization |
Calpine went bankrupt later in 2005, and has since cut about 1,000 jobs and sold some plants. It now operates 84 plants nationwide and forecasts that its reorganization plan will be approved later this year. | prediction | www.mercurynews.com | https://www.mercurynews.com/2007/09/11/calpine-seeks-hayward-power-plant-ok |
When General Motors files for bankruptcy protection next week, a Dickensian tale of two legal processes will unfold. In one, a judge will be told that a new entity will emerge within three months with prized assets and a plan to revisit the best of times when GM was the world's largest carmaker. In the other, Bleak Hou... | prediction | www.smh.com.au | https://www.smh.com.au/business/gms-tale-of-good-and-bad-20090530-bqqu.html |
Other retailers are on the brink too. Bebe, which has about 170 boutique and outlet women's apparel stores, is trying to avoid a bankruptcy filing by shutting its stores and becoming an online brand, but the women's apparel chain may be forced to file for Chapter 11 if enough landlords don't negotiate, sources told Blo... | prediction | www.investors.com | https://www.investors.com/news/sears-survival-warning-sets-off-these-chain-reactions |
South American airline LATAM Group is set to finally exit its Chapter 11 bankruptcy protection in the US next month after completing a long-running reorganisation process. LATAM, which first went into bankruptcy protection in May 2020 as the Covid-19 pandemic grounded much of the global aviation industry, has announced... | prediction | www.businesstravelnewseurope.com | https://www.businesstravelnewseurope.com/Air-Travel/LATAM-set-to-exit-bankruptcy-protection-in-November |
The biggest media industry bankruptcy ever will end today after four years with Tribune's chief creditors — Oaktree Capital Management, Angelo, Gordon & Co. and JPMorgan Chase & Co — empowered to run the Chicago based broadcasting and newspaper power. The reorganization values the company at about $4.5B. The new manage... | prediction | deadline.com | http://deadline.com/2012/12/tribune-emerge-chapter-11-bankruptcy-395029 |
The Softbank-backed company has requested court approval to finance its bankruptcy protection by using cash on hand to ensure its normal business operations, stating that it hopes to transition into Chapter 11 without disturbing operations. S&K Take: We had a trio of bigger file cases in three different jurisdictions (... | not-prediction | www.jdsupra.com | https://www.jdsupra.com/legalnews/three-s-company-express-elevator-down-7284867 |
Gas producer Gulfport Energy Corp., which has hired a debt restructuring adviser, has interest payments on its debt due on Oct. 15, Nov. 1 and Nov. 15. The upcoming biannual review of how much money energy companies can borrow against the value of their oil and gas reserves can also push some of the smaller companies, ... | prediction | www.hartenergy.com | https://www.hartenergy.com/exclusives/eagle-ford-shale-producer-lonestar-resources-files-chapter-11-bankruptcy-189968 |
US Airways has integrated many of the operations of the two airlines, but the US Airways and America West contingents of its pilot and flight attendant groups are still working separately. The company and union officials, who represent both US Airways and America West pilots, have been negotiating for nine months over ... | not-prediction | www.aviationpros.com | https://www.aviationpros.com/home/news/10397494/us-airways-pilots-picket-over-pay-cuts |
There are no changes to billing, rates or contract rates "at this time," so customers should continue to make payments as usual, Sunnova said on its website answering frequently asked questions about its bankruptcy proceeding. | not-prediction | www.houstonchronicle.com | https://www.houstonchronicle.com/business/energy/article/sunnova-sale-solar-houston-20797206.php |
PG&E stock has had a rollercoaster year as investors try to navigate the company's massive potential liabilities for recent California wildfires and its complex bankruptcy proceedings. | not-prediction | www.benzinga.com | https://www.benzinga.com/analyst-ratings/analyst-color/19/08/14232841/expert-take-on-pg-e-equity-offering-bankruptcy-outlook |
Arch Coal filed for Chapter 11 bankruptcy in April, saying it intended to see the company emerge as an intact company. Davis Polk & Wardwell LLP is serving as legal advisor to Arch Coal, and PJT Partners is serving as financial advisor. | not-prediction | www.power-eng.com | https://www.power-eng.com/environmental-emissions/arch-coal-files-amended-bankruptcy-plan-of-reorganization |
The senior lenders to Chrysler are planning to make a counteroffer to the Treasury Department this week, pushing back on a debt-reduction plan they say is too coercive, people briefed on the matter said Monday. The Treasury Department has asked these lenders, which consist of banks and hedge funds, to reduce their $6.9... | not-prediction | www.nytimes.com | https://www.nytimes.com/2009/04/14/business/14chrysler.html?fta=y&pagewanted=all |
J.Jill has once again gotten more time to keep a potential bankruptcy filing at bay. The struggling women's apparel retailer, which operates 280 stores, said Thursday it has reached an agreement with lenders to extend a forbearance period to July 30, 2020, to give the company more time to complete negotiations. (Last w... | not-prediction | chainstoreage.com | https://chainstoreage.com/jjill-gets-more-breathing-room-again |
Foot Locker last week announced plans to close its Footaction chain, citing an overlap with its flagship property and other stores. The company will convert approximately one-third of Footaction's 231 stores this year into other banners, which include Foot Locker and Champ Sports. It will close the remainder as leases ... | not-prediction | retailwire.com | https://retailwire.com/discussion/is-foot-locker-throwing-in-the-towel-on-key-consumers-by-closing-footaction/ |
The Senate Health, Education, Labor and Pensions Committee, citing de la Torre's repeated refusals to come before the committee voluntarily, voted 20-1 to subpoena the executive and 16-4 to launch a formal investigation of Steward that could include sworn testimony and future subpoenas for others in the Steward chain o... | not-prediction | kffhealthnews.org | https://kffhealthnews.org/morning-breakout/senate-panel-subpoenas-steward-health-ceo-over-bankruptcy-filing |
Last week, Anadarko ( APC ) announced the sale of its Chinese subsidiary to Hong Kong-listed BrightoilPetroleum Holdings Ltd. for $1.075 billion. The deal is the latest effort by the Woodlands, Texas-based oil and gas producer to rebalance its portfolio and concentrate on more profitable opportunities in the US and the... | not-prediction | www.fool.com | http://www.fool.com/investing/general/2014/02/28/is-the-sale-of-its-chinese-assets-good-for-anadark.aspx |
After Evergrande Group formalized the default, China's leading real estate companies such as Kaisa, Fantasia, and Shimao Group were forced to default one after another, and the real estate market slump began in earnest. At the end of last year, the International Monetary Fund (IMF) also warned that 45% of Chinese real ... | not-prediction | www.gotradingasia.com | https://www.gotradingasia.com/tradingasia/29844-evergrande-filed-for-bankruptcy-protection |
The well-known children's jewelry and ear-piercing retailer released a list of the 291 locations that are shuttering in a bankruptcy court filing on Monday, Aug. 25. That includes 71 Claire's and Icing stores across the Northeast. The closures add to the financial pressure facing the mall chain, which filed for bankrup... | not-prediction | dailyvoice.com | https://dailyvoice.com/ct/westbrook/claires-closing-three-ct-stores-290-nationwide-after-bankruptcy-filing-see-which-ones |
PLANO, TEXAS — Brookfield Property Group and Simon Property Group have agreed to acquire the retail and operating assets of J.C. Penney Co. for $1.75 billion at a bankruptcy auction. | not-prediction | rebusinessonline.com | https://rebusinessonline.com/brookfield-property-group-simon-property-group-agree-to-acquire-jcpenney-for-1-75b |
A Parma bankruptcy court declared Parmalat Finanziaria and its units Eurolat and Lactis insolvent, court sources said. The parent company owns the Parmalat dairy operations and foreign accounts at the heart of a scandal one lawyer said was in the same league as the "clean hands" probe of Italian political corruption in... | not-prediction | www.smh.com.au | https://www.smh.com.au/national/parmalat-parent-company-declares-bankruptcy-20040109-gdi4lo.html |
Among the top performing stocks on the ASX200 today was WiseTech Global. It gained $2.97 a share (+2.84%) to close the session on $107.62 a share. Stanmore Resources gained 1 cents (+3.44%) to $3.01, and Yancoal Australia rose 19 cents (+3.03%) to $6.46 a share. Among the worst performing stocks was Mineral Resources w... | not-prediction | www.abc.net.au | https://www.abc.net.au/news/2024-10-22/asx-markets-business-news-live-updates/103759208 |
ST. LOUIS — Diamond Sports Group, a subsidiary of Hunt Valley-based Sinclair Broadcast Group Inc. that owns broadcasting rights for 42 professional sports franchises, including the St. Louis Blues and St. Louis Cardinals, started Chapter 11 bankruptcy proceedings earlier this week, a process that could take years to ex... | not-prediction | www.ksdk.com | https://www.ksdk.com/article/news/local/business-journal/bally-sports-midwest-parent-company-bankruptcy-tuesday-what-comes-next/63-b7d948eb-82c5-4d84-a0e6-f5dd8e0100ab |
JPMorgan Chase (NYSE:JPM) tells FOX Business that MF Global got it wrong in its bankruptcy filing on JPMorgan's exposure to MF Global. | not-prediction | www.foxbusiness.com | https://www.foxbusiness.com/features/jpmorgan-mf-globals-bankruptcy-filing-is-wrong |
But Hank Paulson (then the Treasury Secretary), James Lockhart (then the head of a new federal agency called the Federal Housing Finance Administration), Ben Bernanke (still the chairman of the Federal Reserve), had decided that both companies needed to be placed into a strange status called "conservatorship" for the s... | not-prediction | www.cnbc.com | https://www.cnbc.com/2013/07/09/fannie-and-freddie-fight-hedge-funds-vs-treasury.html |
"However, most of the creditors want to see Ssangyong Motor Company revive, and we're also making every effort to normalise the operation by close labour-management cooperation. We therefore look forward to see the final approval on December 17," they added. | prediction | www.just-auto.com | https://www.just-auto.com/news/south-korea-ssangyong-fate-to-be-decided-this-week |
Also Friday, Ford Motor Co. announced the creation of Ford Smart Mobility, a subsidiary focused on designing, building and investing in such things as connected vehicles and autonomous technology. | not-prediction | www.latimes.com | https://www.latimes.com/business/la-fi-hy-gm-cruise-purchase-20160311-story.html |
MONTREAL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. VMAR ("Vision Marine" or the "Company"), the global leader and innovator within the performance electric recreational boating industry, has received an initial purchase order from Groupe Beneteau (BEN-Euronext) ("Beneteau") of 25 E-Motion™ 180... | not-prediction | www.benzinga.com | https://www.benzinga.com/pressreleases/22/12/g30089556/vision-marine-technologies-receives-initial-e-motion-propulsion-system-purchase-order-from-groupe- |
Rallye, whose subsidiary Casino also owns top French high-street supermarket brands like Monoprix and Franprix, said late on Thursday that it had sought bankruptcy protection to reorganise its €3 billion-euro debt load. Following trading suspensions the day earlier, Rallye shares lost over half their value on Friday mo... | not-prediction | www.thelocal.com | https://www.thelocal.com/20190524/owners-of-french-supermarker-giants-casino-monoprix-and-franprix |
Diamond Sports Group, the parent company of embattled regional sports network Bally Sports, is heading back to bankruptcy court and taking DIRECTV with it, according to TV Answer Man. Diamond Sports argued DIRECTV owes it past carriage fees for carrying San Diego Padres and Arizona Diamondback games. Diamond alleges th... | not-prediction | cordcuttersnews.com | https://cordcuttersnews.com/directv-and-bally-sports-headed-to-court-over-carriage-fee-dispute |
The move is akin to a Chapter 11 bankruptcy filing in the U.S. The proceedings do not affect U.S.-Saks Global, which is a standalone entity distinct from Hudson's Bay Co. (Previously, Hudson's Bay, Saks Fifth Avenue and Saks Off 5th were part of HBC, a holding company. But the holding company has disbanded after HBC pu... | not-prediction | chainstoreage.com | https://chainstoreage.com/canadas-hudsons-bay-restructuring-exploring-alternatives |
The woes of China's real estate market could be attributed to the hoarding of assets by leading property companies, according to one analysis by a prominent Chinese economist. Evergrande files for bankruptcy The debt woes of China's property sector have most recently culminated in a bankruptcy filing by one of the coun... | not-prediction | www.chinabankingnews.com | https://www.chinabankingnews.com/p/china-evergrandes-downfall-and-debt |
Dick's plans to keep open at least 30 Golfsmith stores and wind down the rest with liquidators from Hilco Global and Tiger Capital Group, the people said. It plans to keep about 500 of the company's employees. Golfsmith had 109 stores in the United States at the time of its bankruptcy filing last month, and has been cl... | not-prediction | finance.yahoo.com | http://finance.yahoo.com/news/exclusive-dicks-wins-auction-u-business-bankrupt-golfsmith-150704953--sector.html |
Conn's has started closing nearly 100 stores across the country as the Texas-based retailer considers Chapter 11 bankruptcy filing. | not-prediction | tucson.com | https://tucson.com/news/local/subscriber/tucson-conns-store-closing-real-estate/article_48c51cd6-45e6-11ef-9c16-2fd1871185e7.html |
The parent of United Airlines said Tuesday it lost $61 million in the fourth quarter, but UAL Corp. still managed to post a $25 million profit in the 11 months since emerging from bankruptcy protection in February. Its stock tumbled more than 4 percent in early trading on Nasdaq. For the quarter that ended Dec. 31, UAL... | not-prediction | www.aviationpros.com | https://www.aviationpros.com/home/news/10393225/united-parent-has-profitable-year-since-chapter-11 |
Quantum Foods LLC, a Bolingbrook-based meat supplier, is looking at liquidating its business after attempts to find a buyer fell through. The company, which filed for Chapter 11 bankruptcy protection in February, supplies raw and precooked meat products to restaurants and the military. It had an agreement with Raging B... | not-prediction | www.chicagobusiness.com | https://www.chicagobusiness.com/article/20140515/news07/140519846/quantum-foods-to-liquidate-after-sales-deal-falls-through |
AMR, parent of American Airlines, has, in a remarkably short period of time, ruined its relationships with shareholders, bondholders, pilots, customers, suppliers, and most of its other employees. The November 2011 Chapter 11 filings of AMR virtually wiped out shareholders. Recently, American was also able to cut finan... | not-prediction | 247wallst.com | https://247wallst.com/investing/2013/01/09/the-10-most-hated-companies-in-america-2/?tc=in_content&tpid=302666&tv=link |
Audacy, the publicly-traded radio and podcast company formerly known as Entercom, announced plans to file for Chapter 11 bankruptcy protection Sunday. Why it matters: Audacy is the second-largest radio broadcaster in the country, and controls some of the most popular radio stations in major markets, such as WFAN sports... | not-prediction | www.axios.com | https://www.axios.com/2024/01/07/radio-giant-audacy-files-for-bankruptcy |
Shen: Yeah, specifically with restaurants. So, I was looking through options right now, because it's still earlier on in this trend, and there's a ton of competition. You have GrubHub (NYSE: GRUB), publicly traded, probably the leading player, very much a nationwide presence. But then, you also have things like Uber Ea... | not-prediction | www.nasdaq.com | http://www.nasdaq.com/article/can-delivery-really-save-these-restaurants-cm759492 |
CORRECTED The Pension Benefit Guaranty Corp. is preparing to "assume responsibility" for Sears Holdings Corp.'s two defined benefit plans, following the company's bankruptcy filing in October. The PBGC—the federal agency that acts as a backstop for private-sector defined benefit plans—is "stepping in to become responsi... | prediction | www.chicagobusiness.com | https://www.chicagobusiness.com/retail/federal-agency-preps-takeover-sears-pension-plans |
Macy's ( M 1.78% ) plans to close 68 locations in 2017, and Sears Holdings ' ( SHLDQ ) Kmart brand plans to shutter 108 stores (though the numbers for both could go higher, and Sears has a significant risk of filing for bankruptcy protection). The impact of those closings will present both positives and negatives, not ... | prediction | www.fool.com | https://www.fool.com/investing/2017/02/07/what-happens-when-kmart-and-macys-close-a-store.aspx?source=eptfxblnk0000004 |
Milbank, Tweed, Hadley & McCoy, LLP and Kobre & Kim, LLP are acting as legal advisors to Baha MAra, and Moelis & Company is acting as financial advisor to the filing entities. | not-prediction | www.forbes.com | http://www.forbes.com/sites/erincarlyle/2015/06/29/baha-mar-resorts-to-chapter-11-bankruptcy-blames-china-construction-for-delays |
Back in 2013, just a few years after Peabody spun off Patriot Coal, the latter company filed for bankruptcy protection. As part of the bankruptcy, Patriot Coal agreed to put $145 million into a fund for its coal miner retirees, in order to pay for their health benefits. It emerged from that bankruptcy intact, but in Ma... | not-prediction | www.huffpost.com | https://www.huffpost.com/entry/coal-union-benefits_n_568c1093e4b0b958f65d240e |
White & Case LLP is serving as legal advisor, Moelis & Co. is serving as investment banker, and FTI Consulting is serving as financial advisor. | not-prediction | ftnnews.com | https://ftnnews.com/travel-news/tours/hertz-files-for-bankruptcy-protection |
A Sears special committee is weighing a prior offer from Chief Executive Eddie Lampert to acquire the retailer's Kenmore appliances brand and its home services business for as much as $480 million. Sears warned it could go out of business as it waits for approval from the committee on the deal. | prediction | money.usnews.com | https://money.usnews.com/investing/news/articles/2018-10-09/sears-hires-m-iii-partners-for-bankruptcy-filing-wsj |
While Birchcliff anticipates approval by the board of directors of the proposed increase to the annual common share dividend to $0.80 per share in 2023, the payment of such dividend remains subject to the approval of the board of directors. In addition, the proposed increase to the common share dividend in 2023 is subj... | prediction | financialpost.com | https://financialpost.com/globe-newswire/birchcliff-energy-ltd-announces-record-quarterly-adjusted-funds-flow-and-free-funds-flow-significant-debt-reduction-and-excellent-q2-2022-results |
Troubled Australian satellite facilities and services business SpeedCast has entered Chapter 11 bankruptcy protection in a US Federal bankruptcy court in the Southern District of Texas. It lists assets of between $500 million and some $1 billion as part of its bankruptcy plan. Speedcast has struck a $90 million commitm... | not-prediction | www.advanced-television.com | https://www.advanced-television.com/2020/04/24/speedcast-goes-chapter-11 |
Air Berlin shares have declined 38 percent so far this year while larger rival Lufthansa has risen by nearly as much. Air Berlin shares were up 1.6 percent at 1225 GMT. | not-prediction | www.reuters.com | http://www.reuters.com/article/2012/11/16/uk-airberlin-turnaround-idUSLNE8AE01520121116 |
In early 2023, Bed Bath & Beyond alerted investors about its uncertain future, causing its stock to plummet nearly 30%. Wall Street analysts anticipated a potential Chapter 11 bankruptcy filing. By January 9, the company sought restructuring advice from AlixPartners and announced 62 store closures. Later, in January, t... | prediction | cryptorank.io | https://cryptorank.io/news/feed/5b90e-bbby-stock-price |
Quiksilver (U.S. business) Duuuude! Surfwear shop Quiksilver filed for Chapter 11 bankruptcy protection for its U.S. business in September as the surfer lifestyle has lost its appeal among teen consumers. Similarly situated Pacific Sunwear is barely clinging to life as a penny stock, but unlike its surf and skate rival... | not-prediction | www.foxbusiness.com | https://www.foxbusiness.com/markets/5-retailers-that-sought-bankruptcy-protection-in-2015 |
The supply-and-demand imbalance claimed its biggest victim earlier this month, when South Korea's foundering Hanjin Shipping Co. sought bankruptcy protection. The filing temporarily marooned dozens of cargo vessels and had U.S. retailers fretting about whether their holiday goods would arrive at their stores in time. | not-prediction | www.postandcourier.com | https://www.postandcourier.com/business/big-ships-make-big-waves-mega-vessels-swamp-container-trade/article_90df2b0e-0005-575f-958c-96c69bf932a1.html |
ASHWAUBENON -- The Wisconsin-based retail chain Shopko Stores has extended its list of store closures on Wednesday, Feb. 6 after filing for bankruptcy protection last month. According to the list posted on Shopko's restructuring website, an additional 139 stores have been added to the already-lengthy list. Below is an ... | not-prediction | www.fox6now.com | https://www.fox6now.com/news/list-of-closing-shopko-stores-grows-including-se-wisconsin-locations |
Coresight Research said the temporary closure of nonessential stores "looks to have accelerated the shift to e-commerce." And some retailers weren't ready. Through the first half of this year, 17 major retailers filed for bankruptcy protection, and more are projected in the second half of the year. | prediction | www.arkansasbusiness.com | https://www.arkansasbusiness.com/article/park-plaza-at-risk-in-mall-foreclosure-era |
The only hint of trouble: a few lines in a Securities and Exchange Commission document filed by GE Capital Corp. -- the subsidiary that invested in the Ward's deal -- noting that Ward's "reported significant losses from operations" in 1996 and that GE's investment "was reduced for its share of such losses." | not-prediction | www.chicagobusiness.com | https://www.chicagobusiness.com/article/19970503/issue01/10005092/ge-s-neutron-jack-has-a-real-bomb-on-his-hands |
CVS Health Corporation (NYSE:CVS) is one of the stocks Jim Cramer recently shed light on. Discussing the company's turnaround efforts during the episode, Cramer stated: | not-prediction | www.insidermonkey.com | https://www.insidermonkey.com/blog/jim-cramer-shed-light-on-these-14-stocks-recently-1598163/?singlepage=1 |
The Bharti Infratel share gained more than 3% on Wednesday on the back of an infrastructure-sharing agreement announced between Bharti Airtel and Reliance Jio. Bharti Infratel is Bharti Airtel?s tower arm. On Tuesday, Bharti Airtel and Reliance Jio, which belongs to Mukesh Ambani ?s RIL, announced an arrangement under ... | prediction | www.financialexpress.com | http://www.financialexpress.com/archive/bharti-infra-takes-off-as-street-sees-rjio-deal-boosting-ebitda/1206534 |
J. C. Penney Company, Inc. entered Chapter 11 bankruptcy also in May. The company said in a statement that the restructuring support agreement (RSA) with lenders holding approximately 70 percent of JCPenney's first lien debt was expected to reduce several billion dollars of indebtedness and provide increased financial ... | prediction | fashionunited.uk | https://fashionunited.uk/news/business/2020-fall-of-fashion-brands-retailers-and-series-of-chapter-11-bankruptcies/2020122852707 |
The original suit was filed in U.S. Bankruptcy Court in 1995 against the Center's former landlords, Rockefeller Center Properties Associates (RCP). RCP filed for Chapter 11 bankruptcy protection in May 1995 Rockefeller patriarch David Rockefeller's family unloaded 80 percent of the company that controlled the Center to... | not-prediction | nypost.com | https://nypost.com/1999/10/13/nbc-chase-flee-tree-fee |
Ziglu's funds on Celsius could be locked indefinitely, as the lender is quickly running out of money and has been operating at a multi-billion dollar deficit while it goes through bankruptcy proceedings. Robinhood's acquisition of Ziglu is part of the company's plans to make a headway in the UK market, but the Robinhoo... | prediction | cointelegraph.com | https://cointelegraph.com/news/robinhood-lands-steep-60-discount-on-170m-exchange-acquisition-report |
Ltd. Four sources who had awareness on the matter stated that Sonangol, China Aviation Oil, and PTT International no longer had any outstanding amounts with ZenRock. PetroChina International Singapore Pte Ltd, a unit of PetroChina, South Korea's Daelim Corp, Singapore, and China Aviation Oil (Singapore) Corp are also i... | not-prediction | lawstreet.co | https://lawstreet.co/international/singapore-oil-trader-zenrock |
Instead, they asked: "What did you do at Lehman?" Last night, scores of former Lehman Brothers employees gathered at Emmett O'Lunney's bar on 50th street near Broadway to commemorate the day Lehman died. Two years ago, the investment bank formerly known as Lehman declared bankruptcy after learning that neither the gove... | not-prediction | www.cnbc.com | https://www.cnbc.com/2010/09/16/the-last-days-of-lehman-at-emmett-olunneys.html |
Yesterday the NBA Suns and the WNBA Mercury announced a deal with Gray Television that would put both teams' games on broadcast TV and streaming for free online. Previously both teams had deals with the RSN Bally Sports. Now Bally Sports says this deal breaks their contract and violates bankruptcy law. A statement made... | not-prediction | cordcuttersnews.com | https://cordcuttersnews.com/bally-sports-says-the-nba-suns-deal-to-stream-games-for-free-breaks-bankruptcy-laws |
Three days before U.S. and U.K. movie theater operator Cineworld announced 45,000 layoffs in October 2020, including 20,000 U.S. job cuts, the company engaged Kirkland & Ellis to assess financing alternatives and a potential restructuring. Cineworld paid Kirkland an advance retainer of $300,000 and made subsequent adva... | not-prediction | www.law.com | https://www.law.com/americanlawyer/2022/10/12/willkie-tops-2000hour-kirkland-reveals-16-million-advance-retainer-in-cineworld-bankruptcy |
As the bankruptcy court is scheduled to consider CRC's proposed reorganization plan on October 13, this new report, " The Risk of Unplugged Wells for California's Taxpayers; California Resources Corporation - A Case Study ," digs into the company's current and projected finances to determine whether CRC will be able to... | not-prediction | www.sierraclub.org | https://www.sierraclub.org/press-releases/2020/10/new-report-crc-s-failure-could-leave-california-taxpayers-900-million-burden |
While less destructive than Katrina, Gustav nevertheless reminded the industry of Katrina's painful impact. Within days of that storm, jet fuel prices spiked by 50 cents a gallon to $2.42, then a record. Within two weeks, both Northwest Airlines and Delta Air Lines filed for Chapter 11 bankruptcy protection. | not-prediction | www.starnewsonline.com | https://www.starnewsonline.com/story/business/2008/09/02/for-airlines-no-end-in-sight-to-fuel-cost-struggles/30459338007 |
"Instead, the company seems determined to take a short-sighted approach which is eroding its reputation," Schuster said, "and which will contribute to the devastation of a swathe of the small tourism and hospitality businesses which are so essential to the South African economy." In a Stock Exchange News Service announ... | prediction | www.iol.co.za | https://www.iol.co.za/business-report/companies/santam-adamant-lockdown-root-of-losses-50741691 |
In Fisker, the debtors, a family of companies seeking to produce premium plug-in hybrid electric vehicles in the United States, attempted to sell substantially all of their assets under Section 363 of the Bankruptcy Code through a private sale. The sale contemplated that the main secured creditor, Hybrid Tech Holdings,... | not-prediction | www.jdsupra.com | http://www.jdsupra.com/legalnews/fisker-automotive-narrow-decision-limit-62849 |
RENO, Nev., Sept. 16, 2002 — Sierra Pacific Resources recently said that a U.S. Bankruptcy Court will hear additional arguments on Oct. 3 regarding litigation involving Enron Power Marketing and Sierra Pacific's subsidiaries, Nevada Power Co. and Sierra Pacific Power Co. | not-prediction | www.renewableenergyworld.com | https://www.renewableenergyworld.com/energy-business/energy-finance/bankruptcy-court-to-hear-further-arguments-on-enron-sierra-pacific-resources-litigation |
Bharti Infratel ltd, the mobile tower unit of Bharti Airtel, on Thursday reported a 64% increase in net profit to R472 crore for the quarter ended March 31, 2014 on the back of a higher number of tower tenants and ?other income?. | not-prediction | www.financialexpress.com | https://www.financialexpress.com/archive/bharti-infratel-ltd-q4-profit-surges-64-to-rs-472-crore/1243309 |
"If you look at some of the more market-cap-weighted-oriented products in exploration and production like IEO, which is heavily weighted towards ConocoPhillips and EOG Resources, those are companies that have much stronger balance sheets that are likely to survive the volatility that we're seeing within the oil markets... | prediction | www.cnbc.com | https://www.cnbc.com/2020/04/28/trading-oil-and-gas-etfs-after-diamond-offshore-bankruptcy-filing.html?__source=twitter%7Cmain |
But that ignores a crucial fact: Companies that are broke require money to keep operating, even while under the protection of a Bankruptcy Court. And as Ford's chief executive, Alan Mulally, pointed out during a visit with The Times' editorial board Tuesday, "There was nobody that was going to give them money for [debt... | not-prediction | www.latimes.com | https://www.latimes.com/opinion/la-xpm-2012-apr-19-la-ol-ford-ceo-rebuts-mitt-romney-auto-bankruptcy-view-20120418-story.html |
Dick's Sporting Goods, one of the anchors at the Danbury Fair mall, is expanding its presence by taking over the Forever 21 store that was shuttered last fall as part of that company"™s bankruptcy proceedings. The move will give Dick"™s a total of 75,000 square feet at the mall. The chain has performed well during the ... | not-prediction | westfaironline.com | https://westfaironline.com/retail/dicks-sporting-goods-taking-over-forever-21-space-at-danbury-fair-mall |
Bharti's tower unit, Bharti Infratel, is also set for a mega merger with Indus Towers that would create the second largest tower company in the world, with over 163,000 towers operating across all 22 Indian telecoms circles. | prediction | www.capacitymedia.com | https://www.capacitymedia.com/article/29otag6tzqkrpyqp7ah34/news/tata-teleservices-reportedly-set-to-pay-900m-compensation-to-american-tower |
Sears Canada, which spun off from Sears Holdings back in 2012, has been granted protection from its creditors under Canada's Creditors Arrangement Act. It has received C$450 million in debtor-in-possession financing. Sears Canada said it hopes to exit its bankruptcy protection "as soon as possible in 2017." | not-prediction | hbsdealer.com | https://hbsdealer.com/news/sears-canada-enters-bankruptcy-protection |
"EPizza SpA, the Milan-based company that held the master franchise rights to operate the Domino's brand in Italy, said increasing competition hurt its stores, according to documents filed in April in Italian bankruptcy court. Locally run restaurants and pizzerias began using food-delivery services, eating into the rev... | not-prediction | morningnewsbeat.com | https://morningnewsbeat.com/2022/08/10/dominos-pizza-says-arrivederci-to-italy-buona-liberazione |
Macy's store closings 2021: 36 Macy's, 1 Bloomingdale's to liquidate with most closing in spring. See the list. | not-prediction | www.statesman.com | https://www.statesman.com/story/money/shopping/2021/01/14/christopher-banks-stores-closing-chapter-11-bankruptcy-coronavirus/4156233001 |
The issue in question involved former students at Corinthian Colleges Inc., which was once one of the largest for-profit college chains in the country and running institutions including WyoTech, Heald and Everest. After facing numerous government investigations and lawsuits for systemic fraud, Corinthian filed for bank... | not-prediction | www.salon.com | https://www.salon.com/2019/10/08/judge-threatens-betsy-devos-with-jail-for-not-adhering-to-court-order-on-student-loan-debts |
Founded in 1925, Winn-Dixie had struggled in the past, entering into bankruptcy protection in 2005, but has been revamping operations in recent years. Shares of Winn-Dixie jumped more than 70 percent on the day the deal was announced, closing at $9.24 apiece. | not-prediction | finance.yahoo.com | https://finance.yahoo.com/news/bi-lo-completes-winn-dixie-224438827.html |
SkyMall the in-flight shopping catalogue brand owned by Xhibit Corp has filed for bankruptcy protection (Chapter 11), suspended its print catalogue operation and laid off 47 of its 150 employees. SkyMall was founded in 1989 and was market leader in the in-flight shopping sector holding contracts with major airlines. It... | not-prediction | homeofdirectcommerce.com | https://homeofdirectcommerce.com/news/skymall-files-for-chapter-11 |
H.I.G. Capital created Wellpath through the merger of Correct Care Solutions, a company it acquired in 2018, and Correctional Medical Group Cos., a competitor that was already in its portfolio. The buyout firm has made several investments in the prison industry: it currently owns TKC Holdings Inc., which provides commi... | not-prediction | www.livemint.com | https://www.livemint.com/news/prison-health-care-firm-wellpath-prepares-bankruptcy-filing-11730486283449.html |
Zell took Tribune private in an $8.2 billion buyout in December 2007 that saddled the Chicago-based owner of the Chicago Tribune, Los Angeles Times, Baltimore Sun and WGN superstation with too much debt. Tribune filed for Chapter 11 bankruptcy protection a year later, during the global financial crisis, after advertisi... | not-prediction | www.cnbc.com | https://www.cnbc.com/2019/06/13/zell-other-former-tribune-executives-reach-200-million-settlement-over-lbo.html |
In the announcement to the Hong Kong Stock Exchange the group also said it was making its "best effort" to resume work and construction and had partially or completely resumed construction on 96 per cent of its pre-sold and undelivered projects. | not-prediction | www.smh.com.au | https://www.smh.com.au/link/follow-20170101-p5b65k |
– merging all the company's Canadian assets into a single company that will operate as a subsidiary of Smurfit Stone; – cancelling all existing equity securities; shareholders of existing stock would recieve no recompense for their investment; – repaying creditors owed less than $10,000 in cash; – repaying creditors ow... | not-prediction | www.packagingnews.co.uk | https://www.packagingnews.co.uk/news/business/smurfit-stone-aims-to-leave-chapter-11-next-spring |
The Chapter 11 filing, made in U.S. Bankruptcy Court in the Southern District of New York, included Houston-based Lyondell Chemical Co., 79 other U.S. affiliates and one European holding company. Assets were listed at $27 billion and debts at $19 billion. | not-prediction | www.chron.com | http://www.chron.com/business/article/chemical-slump-sends-lyondellbasell-into-chapter-1598945.php |
Spinning of capital-intense businesses such as shipbuilding a few years back makes Northrop nimbler than ever before. To that end, management has been pushing a reorganization plan, which will likely end with additional lower-margin units being sold off. CEO Wes Bush is prioritizing profitability over top-line numbers,... | prediction | www.thestreet.com | https://www.thestreet.com/investing/stocks/these-5-rocket-stocks-are-ready-for-blastoff-this-fall-13846788 |
This slowdown is taking its toll on a range of EV industry players and especially their share prices. Fisker filed for bankruptcy protection in the USA just last week, and it joined Lordstown Motors and Proterra as it did so. | not-prediction | www.telegraph.co.uk | https://www.telegraph.co.uk/money/investing/stocks-shares/questor-unloved-electric-car-engineering-real-potential |
This is the third major Burger King operator to file for bankruptcy this year. Premier Kings is one of the largest franchisees of Burger King Corp. and it runs its restaurants in five states in the Southeast region which are South Carolina, Georgia, Tennessee, Florida, and Alabama. | not-prediction | econotimes.com | https://econotimes.com/Burger-King-Franchisee-Files-for-Bankruptcy-Premier-Kings-Faces-Growing-Losses-Amid-Plunging-Sales-1665877 |
On Monday, shares were trading just above 40 cents. Read More Who's afraid of self-driving cars? Recent news reports say the company is planning to file for bankruptcy protection, and analysts who follow the company say it is buried under mountains of debt and struggling with historically low prices for rare earths. "W... | prediction | www.cnbc.com | https://www.cnbc.com/2015/06/09/what-may-be-next-for-the-last-us-rare-earths-miner.html |
Jul. 24, 2024 8:58 AM ET Conn's, Inc. (CONN) Stock By: Amy Thielen, SA News Editor | not-prediction | seekingalpha.com | https://seekingalpha.com/news/4127482-conns-files-for-chapter-11-bankruptcy-closing-73-stores |
Dish Network has revealed in filings with the U.S. Bankruptcy Court in New York that it will assume the leases on more than 500 Blockbuster stores, meaning the retailer will remain a bricks-and-mortar business at least in some capacity, the Wall Street Journal reported today. Dish has been mostly mum on what it will do... | prediction | deadline.com | http://deadline.com/2011/04/dish-network-plans-to-keep-some-blockbuster-stores-open-123863 |
"Sundance has faced numerous challenges in the last few years resulting in declining cash flow and liquidity that have only been exacerbated by the unprecedented COVID-19 pandemic and volatility in the market price of crude oil and natural gas," said Eric McCrady, Sundance's Chief Executive Officer. "As a result, we ar... | prediction | apnews.com | https://apnews.com/press-release/globe-newswire/business-corporate-news-diseases-and-conditions-colorado-lung-disease-44bd5b2134fa5541a8e5c84cdf66af70 |
The debtors, part of a group of affiliated corporations collectively referred to as "Takata," are manufacturers and distributors of automotive safety systems. Certain airbags sold by Takata were subject to an investigation and large-scale product recall, and the ultimate parent, Takata Corporation, eventually pleaded g... | not-prediction | www.jdsupra.com | https://www.jdsupra.com/legalnews/bankruptcy-court-holds-that-state-40968 |
In re Boy Scouts of Am. & Delaware BSA, LLC, 650 B.R. 87 (D. Del. 2023) (ruling that the bankruptcy court had "related to" jurisdiction to confirm a chapter 11 plan providing for nonconsensual third-party releases and a channeling injunction, which were permissible under sections 105(a), 1123(a)(5), and 1123(b)(6) and ... | not-prediction | www.jonesday.com | https://www.jonesday.com/en/insights/2023/07/second-circuit-green-lights-purdue-pharma-chapter-11-plan-containing-nonconsensual-thirdparty-releases |
Mumbai: Grounded Jet Airways, which is undergoing insolvency proceedings, failed to attract any new bidders during the extended deadline period for submission of initial bids, according to a source. The third deadline for submission of Expression of Interest (EoI) ended on August 31. With no new bidders emerging during... | not-prediction | www.millenniumpost.in | https://www.millenniumpost.in/business/jet-airways-fails-to-attract-new-bidders-372294 |
The upcoming issues of Bharti Infratel and Care may help revive the moribund IPO funding business run by the brokerage arms of NBFCs to some extent. According to industry observers, the two IPOs ? especially that of Bharti Infratel ? have evinced significant interest from rich investors and the NBFCs are advising clien... | prediction | www.financialexpress.com | http://www.financialexpress.com/archive/bharti-infratel-issue-may-help-revive-ipo-loan-biz/1041549 |
"Kmart is owned by Sears, which purchased the chain out of bankruptcy in 2005. There were 2,100 Kmart locations at the time of its 2002 bankruptcy filing, and 1,400 when it was purchased by Sears. The combined company, Sears Holdings, itself filed for bankruptcy in 2018, and although it survived that process, it has si... | not-prediction | morningnewsbeat.com | https://morningnewsbeat.com/2021/11/11/kmarts-death-scene-continues-but-the-end-is-near |
So far resolution professional and lenders have not divulged much on the bidding process. Jet Airways owes banks Rs 8,000 crore and faces total claims of Rs 40,000 crore. It stopped operations in April last year due to piling debt. It was dragged to bankruptcy court in June. The deadline to complete the Jet Airways ins... | not-prediction | www.businesstoday.in | https://www.businesstoday.in/industry/aviation/story/jet-airways-refutes-reports-of-jalan-kalrock-consortium-winning-bid-says-process-not-over-275147-2020-10-08 |
Edison Mission Energy, the independent power producer, won bankruptcy court approval of a description of the terms of a reorganization plan that includes an asset sale to NRG Energy Inc., a company lawyer said. U.S. Bankruptcy Judge Jacqueline Cox in Chicago approved the so-called disclosure statement today, Seth Gastw... | not-prediction | www.bloomberg.com | http://www.bloomberg.com/news/articles/2013-12-18/edison-mission-disclosure-statement-approved-lawyer-says |
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