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...
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...
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...
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...
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...