Bankruptcy

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...

New Chapter 11 Filings, Disclosures: December 28 – January 1, 2021

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

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...

Green Energy Lender Renovate America Files for Bankruptcy

Renovate America, a primary lender for the Property Assessed Clean Energy program, filed for bankruptcy on December 22, 2021.

New High Yield Bond Ratings December 21 – December 25, 2020

At least 13 companies received revisions on high yield bond ratings during the week of December 21 – December 25, 2020. These...

New Chapter 11 Filings, Disclosures: December 21 – December 25, 2020

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

New High Yield Bond Ratings December 14 – December 18, 2020

At least 13 companies received revisions on high yield bond ratings during the week of December 14 – December 18, 2020. These...

Cinemex Emerges from Bankruptcy, but Industry Still Unclear

Cinemex Holdings USA, the controlling arm for the U.S. branch of the Mexico-based company Cinemex Cinemas, recently emerged from Chapter 11 bankruptcy...

CA Restaurateurs Fear Second Shutdown Poses Serious Risk

California began its second shutdown of on-site dining at restaurants on December 6, 2020. Restaurant owners, frustrated by the decision, said it...

New Chapter 11 Filings, Disclosures: December 14 – December 18, 2020

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

Recent Articles

Bumble’s IPO Reveals Steady Growth, Losses

The dating app Bumble's IPO reveals steady growth, as well as losses. Due to high operating costs, the company is running at...

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...

OCC finalizes Fair Lending Rule, forcing banks to lend to politically unfavorable companies

In his last days in office, acting comptroller Brain Brooks finalized the Fair Lending Rule. The new OCC rule will forbid banks...
Boston Federal Reserve President Eric Rosengren

Fed’s Rosengren Shows Support for Biden’s Stimulus Proposal

Boston Federal Reserve President Eric Rosengren said on Jan. 15 that President Joe Biden's proposed stimulus plan is much needed for an...

New SPAC ECP Environmental Growth Opportunities Corp. to Help Combat Climate Change

ECP Environmental Growth Opportunities Corp. has filed paperwork with the SEC registering 25 million units to trade on the NASDAQ. These filings...

Most Popular

Verizon to Acquire América Móvil’s Tracfone

On Monday Sept. 14, Verizon Communications Inc. (VZ) announced that they had entered into an agreement with América Móvil (AMXL.MX) to acquire...

Tend Secures $37M in Series B Funding

Tend, a New York-based dental health clinic, has secured $37 million in series B funding. Launched last October, Tend prioritizes the ...

Hisatsugu Nakatani To Become President of SNDS

Hisatsugu Nakatani, the president of NEC Display Solutions (NDS), will serve as the president of Sharp NEC Display Solutions (SNDS). Sharp has...
Online Shopping Credit Card

Private Equity-backed The Hut Group Announce IPO

It was announced on Thursday that British e-commerce retailer, The Hut Group Ltd. (THG), is planning its first Initial Public Offering (IPO)...

Global Synergy Acquisition Corp. Goes Public Seeking a Business Combination in the IT Enabled...

Global Synergy Acquisition Corp. has filed paperwork with the SEC to bring their blank-check company public. This deal registers 22.5 million units...