Bankruptcy

PG&E Wins Court Approval for Unique Bankruptcy Plan

On Saturday June 20, Judge Dennis Montali of the U.S. Bankruptcy Court approved the unique proposal of PG&E to launch two public...

New Chapter 11 Filings and Disclosures: June 15 – June 19, 2020

At least twelve new companies have either filed for Chapter 11 Bankruptcy or defaulted on loans during the week of June 15...

Hertz’s Debated Stock Sale Comes to a Halt

Hertz Global Holdings Inc., one of the nation’s largest car rental companies, has announced that it will no longer proceed with its...

New Chapter 11 Filings, Disclosures: ...

Five new companies have filed for Chapter 11 Bankruptcy or defaulted on loans during the week of June 8 - June 12,...

New Chapter 11 Filings, Disclosures: June 1 – June 5, 2020

At least seven companies either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the first week of June. These...

New Chapter 11 Filings and Disclosures: May 25 – May 29, 2020

At least five more major companies either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the week of May...

New Chapter 11 Filings, Disclosures: May 18 – May 22, 2020

Credit issuers lowered various ratings of eight companies that either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the...

More Than 100 PE-Backed Companies are at Risk of Defaulting

Credit ratings issuers have shown no mercy. COVID-19 continues to ravage the U.S. economy, and issuers believe 109 companies are at risk...

Consumer Discretionary Sector Hit Hardest in Tough Month for PE-Backed Companies

Thirty-nine private equity-sponsored companies are at risk of bankruptcy, due to COVID-19, which continues to wreck havoc across the economy.
Health-Care Investor Makes New Bankruptcy Bid for Bay Area Hospital

Health-Care Investor Makes New Bankruptcy Bid for Bay Area Hospital

Healthcare investor Strategic Global Management Inc. offered $50 million in an all cash offer for two bankrupt Bay Area hospitals owned by...

Recent Articles

Federal Reserve Bank of New York Household Debt

N.Y. Fed: Household Debt Increased $87 Billion in Q3

The Federal Reserve Bank of New York's Center for Microeconomic Data issued its Quarterly Report on Household Debt and Credit. This report...

Symrise AG to Acquire Sensient Technologies

On Monday Nov. 23, Symrise AG's (SYIEY) fragrance business announced that it has entered into a definitive agreement to buy Sensient Technologies...

Bankrupt Il Mulino Granted Debtor-in-Possession Funds

Il Mulino, once a scion of the New York City dining scene, has declared several of its locations bankrupt. The restaurant's owner...

Spruce Earns $8 Million in Series A Capital

Leading provider of lifestyle services, Spruce, earned $8 million in series A capital this month. The Texas-based company offers a range of...

New High Yield Bond Ratings November 23 – November 27, 2020

At least 23 companies received downgrades or revisions on high yield bond ratings during the week of November 23 – November 27,...

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PE Emerging Managers Raise Over $1 Billion in June

Private equity emerging managers raised nearly $1.3 billion in June, according to data tracked by The Buttonwood Tree. During this period, twenty-two...

Q3 Report Shows Increase of Defaults Within Energy Companies

COVID-19-enforced lockdowns devastated the global economy. Defaults in Q3 2020, however, have begun to slow down. At least thirty-four major companies have...

New High Yield Bond Ratings November 9 – November 13, 2020

At least 13 companies received downgrades or revisions on high yield bond ratings during the week of November 9 – November 13,...
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PE Industry is Stabilizing After Covid-19 Hit, Experts Say

According to investors and industry experts, the PE industry is stabilizing after months of struggling due to the Covid-19 pandemic. Four experts...

Banks Win Lawsuit Over PPP Fees For Agents

A Florida judge dismissed a proposed class-action lawsuit requiring banks to pay agent fees for the administration of Paycheck Protection Program loans.