Breaking News

NRA Files for Bankruptcy, Plans to Leave New York

The National Rifle Association declared Chapter 11 bankruptcy on January 15, 2020 in the Northern District of Texas. The NRA plans to...

Loves Furniture Files for Bankruptcy After Purchasing Art Van Stores

Loves Furniture & Mattress, a brand new furniture realtor that opened its doors less than a year ago, filed for Chapter 11...

Dim Outlook for Sears, Kmart in Changing Retail Space

COVID-19 forced many retailers in 2020 to close stores, file for bankruptcy, or both. While Sears and Kmart, both of which had...

Two NYC Hotel Projects File for Chapter 11

Two hotel projects in Brooklyn, N.Y. filed for Chapter 11 bankruptcy on December 21, 2020. The Chapter 11 filings were for a...

Green Energy Lender Renovate America Files for Bankruptcy

Renovate America, a primary lender for the Property Assessed Clean Energy program, filed for bankruptcy on December 22, 2021.

Cinemex Emerges from Bankruptcy, but Industry Still Unclear

Cinemex Holdings USA, the controlling arm for the U.S. branch of the Mexico-based company Cinemex Cinemas, recently emerged from Chapter 11 bankruptcy...

CA Restaurateurs Fear Second Shutdown Poses Serious Risk

California began its second shutdown of on-site dining at restaurants on December 6, 2020. Restaurant owners, frustrated by the decision, said it...

San Fran’s Cliff House, After Surviving Many Disasters, to Close this Year

After 157 years and a storied history, San Francisco's Cliff House restaurant will permanently close on December 31, 2020. Like its brethren...

Challenges in Life Sciences: What 2020 Meant for This Industry

When we compare life sciences and healthcare to other industries, the strategy in the former is much more fragmented. The pricing practices are also relatively unbalanced while the product cycle is quite long as well.

Crave Hospitality Group Earns $7.3 Million in Seed Capital

Crave Hospitality Group, a start-up designed to aid restaurants earned $7.3 million in seed capital. The funding round was led by Idaho-based...

James Woody Explores New Horizons in Enosi Life Sciences

Enosi Life Sciences announced that it has appointed Dr. James Woody as its Executive Chairman. Having immense leadership skills, Dr. James holds over 25 years of experience in the pharmaceutical, venture capital, and biotech sectors. He also possesses medical expertise in antibody therapeutics and oncology.

LoudCrowd Raises $2.2 Million in Seed Funding Round

LoudCrowd raised $2.2 million in a seed funding round led by LiveOak Venture Partners. Founded in March 2019, the Texas-based start-up helps...

Matrix Meats Completes Seed Stage Round

Matrix Meats has successfully completed its seed stage round. The financing round was led by Unovis Assist Management, while Clear Current Capital,...

Life sciences and the state of its job market in the U.S.

The advent of coronavirus has threatened almost every job industry operating in the U.S. This has further affected the job market worldwide while creating a sense of fear among employees. Fortunately, the life sciences industry seems to be immune to the pandemic woes. The global deals within this sector accounted for $467 billion from 2013 to 2020.

Deals & Exits

Reports

New High Yield Bond Ratings January 18 – January 22, 2021

At least 15 companies received revisions on high yield bond ratings during the week of January 18 - January 22, 2021. These...

New Chapter 11 Filings, Disclosures: January 18 – January 22, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of January...

New Chapter 11 Filings, Disclosures: January 11 – January 15, 2021

At least three major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of January...

PE Firms See Fewest Distressed Assets of 2020 During Q4

The U.S. economy continued to show signs of a late-year recovery. After greatly suffering in the spring from the initial shock of...

New Chapter 11 Filings, Disclosures: January 4 – January 8, 2021

At least four major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of January...

Q4 Report Shows Majority of Defaults Occurred in Energy Sector

The U.S. economy went through considerable improvements in Q4 2020, after the devastating effects of the pandemic left an uncertain outlook. Only...

Retail CEOs Received Bonuses even as COVID Forced Companies into Bankruptcy

Retailers have suffered greatly in the U.S. from the COVID-19 pandemic, with many filing for bankruptcy protections. But some of the largest...

Most Popular

United Site Services is for Sale

United Site Services Inc is up for sale for $4 billion. This is due to the portable toilets vendor seeing a COVID-19...

Blackstone Outbid for Signature Aviation

Private equity firm Blackstone is outbid for Signature Aviation by the former owner of Gatwick, a London airport. Alongside Blackstone's joint bid...

Shamrock Holdings Investing in Excel Sports Management

Private equity firm, Shamrock Holdings, has just invested in Excel Sports Agency. This is the first major outside investment for Excel.