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 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...
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Start-up studio eFounders has launched its second sub-studio, 3founders and they will mainly work with web3 start-ups. For a...
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....
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
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Limited Abortion Access: An Economic Cost to the US
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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...
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....
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...
