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List of All Articles with Tag 'bankruptcy'

Column-US rates biting beneath the surface: Mike Dolan
Column-US rates biting beneath the surface: Mike Dolan
By Mike Dolan LONDON Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like
2023-09-08 14:17
The majority of Party City stores will stay open as it exits bankruptcy
The majority of Party City stores will stay open as it exits bankruptcy
Party City exited bankruptcy on Wednesday after a US judge signed off on the retailer's reorganization plans. While some of Party City's about 800 US stores will close due to the bankruptcy agreement, the majority will stay open.
2023-09-08 04:18
An equal pay claim took down Britain's second-biggest city. Others are on the brink
An equal pay claim took down Britain's second-biggest city. Others are on the brink
Birmingham — the biggest British city after London — is in dire financial straits.
2023-09-07 17:51
Party City set to exit bankruptcy with $1 billion debt reduction
Party City set to exit bankruptcy with $1 billion debt reduction
By Dietrich Knauth A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which
2023-09-07 04:18
Bankrupt Lordstown Motors proposes zero payment for Foxconn shares
Bankrupt Lordstown Motors proposes zero payment for Foxconn shares
By Dietrich Knauth NEW YORK Bankrupt electric vehicle manufacturer Lordstown Motors has proposed to pay nothing for Taiwan's
2023-09-06 05:58
S&P Global downgrades Rite Aid on restructuring risk
S&P Global downgrades Rite Aid on restructuring risk
S&P Global Ratings on Tuesday downgraded Rite Aid Corp to "CCC-minus" from "CCC-plus" on increased risk from restructuring.
2023-08-30 04:49
Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News
Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News
Lordstown Motors is formulating a debt repayment plan and is hopeful that it will find buyers in Chapter
2023-08-29 09:57
Drugmaker Mallinckrodt files for second bankruptcy in US
Drugmaker Mallinckrodt files for second bankruptcy in US
By Dietrich Knauth Drugmaker Mallinckrodt on Monday filed for its second bankruptcy in three years in the United
2023-08-29 04:58
Rite Aid stock is experiencing extreme turbulence: Here's why
Rite Aid stock is experiencing extreme turbulence: Here's why
Shares of Rite Aid were slightly lower Monday after soaring more than 20% higher in morning trading.
2023-08-28 23:46
Wall Street funds explore potential bankruptcy plan for WeWork - WSJ
Wall Street funds explore potential bankruptcy plan for WeWork - WSJ
A group of wall street funds which lent cash to WeWork is exploring the possibility of a bankruptcy
2023-08-25 03:17
Mallinckrodt second bankruptcy would cut $1 billion from opioid settlement
Mallinckrodt second bankruptcy would cut $1 billion from opioid settlement
Drugmaker Mallinckrodt said on Wednesday it expects to file for a second bankruptcy in the coming days, after
2023-08-24 04:24
Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Evergrande's US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China's spectacular growth over the past 30 years.
2023-08-19 02:15
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