Breaking News

City of Long Beach Reclaims Bankrupt Queen Mary

For the first time in 40 years, the city of Long Beach will both own and operate the Queen Mary.

TECT to Sell Manufacturing Facilities after Filing Chapter 11

TECT Aerospace will be selling its Washington state manufacturing facility for $31 million to Wipro Givon USA. The company filed for Chapter...

Sequential Brands to Sell Assets, Return Jessica Simpson Line

In an effort to avoid bankruptcy, Sequential Brands Group may sell back some of its best-known brands. Among the more notable are...

Hertz Emerges from Bankruptcy as Travel Begins to Take Off

Hertz emerged from bankruptcy on June 30, following a reorganization made necessary by pandemic-halted travel. It was one of the first major...

Battery Recycler Gopher Resources Faces Lead-Poisoning Allegations

Gopher Resources, LLC, a battery recycling plant located in Tampa Bay, Fla., received a downgrade amid continued lead-poisoning allegations.

Alamo Drafthouse Theaters Emerge, Expand after COVID-19

Like it did to many entertainment venues, the pandemic forced Alamo Drafthouse Cinema to close. But despite filing for Chapter 11 in...

CareerBuilder’s Marketing Investment Results in Downgrade

S&P Global on June 10 downgraded CareerBuilder LLC’s issuer credit rating to B- from B, owing to prolonged pressure revenue performance. 

Washington Prime Group Inc. files for Chapter 11

Washington Prime Group Inc. filed for Chapter 11 bankruptcy on June 13, citing COVID-19 as the primary cause. The company joins a...

Aleks Larsen Is Banking On A New Partnership at Blockchain Capital

Blockchain Capital has promoted former investment banker Aleks Larsen to partner. The first of its kind, the San Francisco-based company specializes exclusively...

Climate X Gets $1.5 Million In Funding To Help Companies Towards A Cleaner Future

Climate X, a London-based startup focusing on assessing the risks of climate change to assets, gaines $1.5 million in pre-seed funding.

Mynvax Gets A ‘Warm’ Welcome With A $4.2M Investment

Mynvax is a pre-clinical stage vaccine biotechnology startup that received $4.2 million in Series A funding round. This funding round was led...

Pioneering Swiggy Now Worth $5.5B Valuation After Appetising Funding Round

On Tuesday, Swiggy closed its funding round after having raised US$1.25 billion. It reached a valuation of US$5.5 billion. This funding round...

Zomato IPO frenzy continues to stir the market

Indian food aggregator and delivery platform, Zomato goes public. The company has listed its shares both in the National Stock Exchange (NSE)...

Deals & Exits

Reports

New Chapter 11 Filings, Disclosures: May 17 – May 21, 2021

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

New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

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

New Chapter 11 Filings, Disclosures: April 26 – April 30, 2021

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

New High Yield Bond Ratings: April 19 – 23, 2021

At least 27 companies received a revision on high yield bond ratings during the week of April 19 - 23, 2021. These...

New Chapter 11 Filings, Disclosures: April 19 – April 23, 2021

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

New High Yield Bond Ratings: April 12 – 16, 2021

At least 19 companies received a revision on high yield bond ratings during the week of April 12-16, 2021. These revisions caused...

New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

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

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