Breaking News

Distressed Steak ‘N Shake Narrowly Avoids Bankruptcy

Like many other restaurants, Steak 'n Shake became a distressed dining facility due to COVID-19. But similar to the brands that have...

Bleak Outlook Continues for Distressed Hotel Industry amid COVID

The leisure and hotel sectors continue to be among the industries most affected by the raging COVID-19 pandemic. Social-distancing requirements, travel restrictions,...

Queen Mary Sends SOS as Holding Company Files for Bankruptcy

The latest operating company of the Queen Mary, once a transatlantic carrier and now a renowned tourist site, filed for bankruptcy on...

AMC Successfully Avoids Bankruptcy with New Funding

AMC Entertainment was granted a new lifeline after months of bankruptcy projections. The company announced on Jan. 25 that it has raised...

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...

Professional Fighters League Earns $65 Million Investment

Professional Fighters League (PFL) earns a $65 million dollar investment. The financing round, led by Ares Capital, Elysian Park Ventures, and Knighthead...

Vaccine Rollout: How Countries Compare

Ever since the arrival of the pandemic, there have been efforts towards creating a suitable vaccine. Since the virus is showing no...

Jeremy Solomon Named Partner at Nyca

Jeremy Solomon has been named partner at Nyca, a leading venture capital firm. Solomon enjoys the intellectual stimulation of the field, meeting...

BeyondID Earns $9M in Series A Financing

Cyber-security start-up, BeyondID, earned $9 million in a series A financing round led by Boston-based Tercera. The company is a leading System...

Cutback Coach Raises $3.1 Million in Seed Funding

Cutback Coach, an app to designed to curb alcohol consumption earned $3.1 million in funding. Cutback Coach's electronic system is fully customizable,...

Imperfect Foods Earns $95M in Series D Funding

Imperfect Foods, a grocery delivery start-up aiming to eliminate food waste secured $95 million in series D capital. The company offers repurposed,...

Deals & Exits

Reports

New Chapter 11 Filings, Disclosures: February 22– February 26, 2021

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

New High Yield Bond Ratings February 22 – February 26, 2021

At least 21 companies received a revision on high yield bond ratings during the week of February 22 - February 26, 2021....

New High Yield Bond Ratings February 15 – February 19, 2021

At least 25 companies received a revision on high yield bond ratings during the week of February 15 - February 19, 2021....

New Chapter 11 Filings, Disclosures: February 15 – February 19, 2021

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

Travel and Tourism Sectors Give Big Bonuses Despite COVID-Driven Bankruptcy

The travel, tourism, and hospitality sectors have been hugely affected by the COVID-19 pandemic. But even as major providers of these services...

New High Yield Bond Ratings February 8 – February 12, 2021

At least 30 companies received revisions on high yield bond ratings during the week of February 8 - February 12, 2021. These...

New Chapter 11 Filings, Disclosures: February 8 – February 12, 2021

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

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