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Chapter 11

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...

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...

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...

Jewelry Retailer Alex and Ani Files Chapter 11 Bankruptcy

Alex and Ani, known for its trendy bracelets, filed for Chapter 11 bankruptcy protection on June 9. The company said...

NRA Bankruptcy Filing Dismissed By Judge as Bad Faith

Federal Judge Harlin Hale of the U.S. Bankruptcy Court, N.D. Texas dismissed a bankruptcy filing by the NRA on May 11. The...

Brooks Brothers’ Owners Sued for Questionable Chapter 11

Claudio Del Vecchio, the owner of Brooks Brothers, and his son Matteo Del Vecchio were sued on May 17 over a questionable...

Buffet Restaurant Chains Face Uneven Paths to Recovery

Despite the recent declines in new cases, waves of COVID-driven effects continue to persist across the restaurant sector. Since the early phase...

Recent Articles

Blackstone Climbs Up Financial Growth In The Second Quarter 2021

The leading investments management firm, Blackstone Group Inc., on Thursday, 22nd July 2021 reported their 2nd quarter 2021 investor call.

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...

Controversy As Chinese Splash The Cash Taking Control Of Two British Firms

Chinese investors have positioned themselves as major players among UK startups with two consecutive takeovers in the past week.

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.

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Eric Rosengren Interest Rates

Fed’s Rosengren: Low Interest Rates Damaging Economy

During an Oct. 8 speech, Boston Federal Reserve President Eric Rosengren said that years of low interest rates led to excessive risk-taking...

Private Equity Firms Raise $8.52 Billion in June

In the month of June, private equity firms raised approximately $8.52 billion, according to data tracked by The Buttonwood Tree.

Owner of Men’s Wearhouse, Jos A. Bank Files for Bankruptcy

Tailored Brands, Inc., the parent company of clothing chains Men's Wearhouse and Jos A. Bank announced this week that it filed for...

Oscar Health Seeks to Raise $1.05 Billion in IPO

On Monday Feb. 22, Oscar Health filed for an IPO that could raise as much as $1.05 billion. Oscar initially announced its...

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...
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