Bankruptcy

San Fran’s Cliff House, After Surviving Many Disasters, to Close this Year

After 157 years and a storied history, San Francisco's Cliff House restaurant will permanently close on December 31, 2020. Like its brethren...

Maple Leaf Cheese Cooperative files for Bankruptcy After 110 Years

Maple Leaf Cheese Cooperative filed for Chapter 11 bankruptcy on December 12, 2020. The 110-years-old Wisconsin-based cheese cooperative is responsible for numerous...

New High Yield Bond Ratings December 7 – December 11, 2020

At least 20 companies received downgrades or revisions on high yield bond ratings during the week of December 7 – December 11,...

New Chapter 11 Filings, Disclosures: December 7 – December 11, 2020

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

Distressed Assets Report: November 2020

Private equity firms have reason to celebrate this holiday season. For the third consecutive month, portfolio companies have seen fewer distressed assets.

JC Penney Emerges from Bankruptcy in Time for the Holiday Season

JC Penney emerged from Chapter 11 Bankruptcy on Dec. 7, 2020, just in time for the holiday season rush. The 118-year-old retailer...

Thousands of Layoffs Loom for Disney

For months, Disney managed to avoid layoffs despite a raging pandemic. But even the multinational and multimedia behemoth has finally succumbed. In...

Oil, Drug Companies Frequently Pay Bonuses in Bankruptcy

Oil and drug companies are among the major offenders in paying executive bonuses in the midst of a bankruptcy.

New High Yield Bond Ratings November 30 – December 4, 2020

At least seven companies received downgrades or revisions on high yield bond ratings during the week of November 30 – December 4,...

New Chapter 11 Filings, Disclosures: November 30 – December 4, 2020

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

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

L.P. Scorecard: CalSTRS 2014

L.P. Scorecard: Permira, Spectrum, and Thoma Bravo lead CalSTRS 2014 Investments

CalSTRS, the second largest public pension fund in the United States, has steadily increased its total commitment to private equity funds since...

Old Time Pottery Files Chapter 11, Closes Stores

Old Time Pottery has filed for Chapter 11 bankruptcy, due to Covid-19. Profits were increasing at a “near-record pace”...

Challenges in Life Sciences: What 2020 Meant for This Industry

When we compare life sciences and healthcare to other industries, the strategy in the former is much more fragmented. The pricing practices are also relatively unbalanced while the product cycle is quite long as well.

San Fran’s Cliff House, After Surviving Many Disasters, to Close this Year

After 157 years and a storied history, San Francisco's Cliff House restaurant will permanently close on December 31, 2020. Like its brethren...

Security Analytics Startup Uptycs Receives $30M in Series B Funding

Security analytics startup Uptycs has received $30 million in Series B funding in a round led by Sapphire Ventures. Existing investors Comcast...