Bankruptcy

New Chapter 11 Filings, Disclosures: July 6 – July 10, 2020

Six new companies have either initiated Chapter 11 filings or defaulted on loans during the week of July 6 - July 10,...

Endologix Files for Chapter 11 Bankruptcy

Medical device company Endologix, Inc. initiated Chapter 11 bankruptcy on July 6. The California-based developer of treatments for aortic disorders also filed...
Brooks Brothers Logo

Brooks Brothers Files for Bankruptcy Protection

On Wednesday July 8, Brooks Brothers filed for Chapter 11 Bankruptcy protection. The company plans to continue its search for a new...

NY-Based Eatery Fig & Olive Files Chapter 11 Bankruptcy

Fig & Olive, the New York-based restaurant owned by Luxury Dining Group, has filed for Chapter 11 bankruptcy protection. 

Energy Industry Struggles with Declining Demand

The energy industry has hit a record low, as companies struggle to stay afloat amidst the pandemic.  A total...

Nissan’s Long-Term Rating Lowered, Production Cuts to Follow

Nissan Motor Acceptance Corp received a rating downgrade this week, going from BBB to BBB- as of July 3, 2020. The company’s...

Distressed Asset Monthly Report: June

The amount of casualties left in the wake of COVID-19 continues to tally. Seven additional private equity-owned companies defaulted in June, six...

Cirque du Soleil, Citing Disruptions from COVID-19, Files for Bankruptcy Protection

Montreal-based entertainment company Cirque du Soleil has filed for bankruptcy protection. The company, famous for its Las Vegas...

New Chapter 11 Filings, Disclosures: June 29 – July 3, 2020

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

Largest Pizza Hut and Wendy’s Franchisee, NPC International, Files for Bankruptcy

NPC International Inc., one of the largest fast food operators in the United States, filed for Chapter 11 Bankruptcy in the Texas...

Recent Articles

web3

Start-up Studio Launches its Second Sub-studio

Start-up studio eFounders has launched its second sub-studio, 3founders and they will mainly work with web3 start-ups. For a...
Packaging industry

AZZ Inc Acquires Precoat Metals from Sequa Corporation

AZZ Inc., an international supplier of coating products, welding solutions and engineering services for infrastructure, has acquired Precoat Metals at $1.28 billion....
Asymmetric information

The Applicability of Asymmetric Information in the Markets

The lemon theory was coined by Akerlof and it offers a deep insight into asymmetric information between consumers and producers. This theory...

India Kowtows to International Pressure, Relaxes Wheat Export Ban

On May 13, India banned all wheat exports with immediate effect after a heatwave affected the crop. India, the world's second-largest wheat...

Limited Abortion Access: An Economic Cost to the US

Women losing abortion access in parts of US comes as a concern for the US economy. Reproductive rights activists and economists are...

Most Popular

The Looming Tug-of-War Between SPACs and IPOs

When going public, many companies must decide which method of listing to pursue. While 2021 has been a year filled with ...

EQT Looks To Raise Record $22.67 Billion For New Fund EQT X

Swedish private equity giant EQT AB announced its intention to raise $22.67 billion for its new fund called EQT X. EQT expects...
Sen. Pat Toomey Stimulus Bill Federal Reserve

Federal Reserve Emergency Provisions Remain in the Stimulus Bill

Negotiations for the $900 billion government stimulus package to millions of Americans almost collapsed because of a dispute over Fed emergency powers....
Photo of man walking across street

The PE Industry Reveals its Insurance Knowledge in New Research

Private equity firms’ knowledge of the insurance market and strategic use of cover remains relatively limited, according to research from Gallagher. The...

Coca-Cola Struggles with Public Venue Closures, Supply Shortages

Soft drink giant Coca-Cola, Co (NYSE: KO) is another staple of the old normal that struggles to co-exist with COVID-19. Closures at...