Bankruptcy News


Short Sellers Press Bearish Bets Against Retailers

Added August 21, 2017

According to the Wall Street Journal, short interest in the average retail stock is near the highest in years.


The worlds skinniest skyscraper might never get finished

Added August 21, 2017

According to the New York Post, real estate investment corporation AmBase is suing the project sponsors Kevin Maloney and Michael Stern and lender Spruce Capital Partners to save its equity in the Steinway Tower overlooking Central Park.


This Amazon Threat Just Got Even More Real

Added August 21, 2017

Bloomberg reports that the Amazonian nightmare is only just getting started for distributors of industrial odds and ends.


Berkshire Wins a Round in Competition for Oncor

Added August 21, 2017

According to the Wall Street Journal, a bankruptcy judge will consider approval of Berkshires proposed takeover of Texas utility.


All signs point to the end for video retailer Joyus

Added August 21, 2017

Retail Dive reports that the site that received four funding rounds totaling $67.4 million appears to have gone out of business.


Hedge funds disclose their Puerto Rico debt holdings

Added August 21, 2017

According to Reuters, a group of hedge funds that hold about $3 billion of Puerto Rico sales tax backed debt released a court filing late on Tuesday that revealed how much of the total amount each fund manages.


The Era of Tort Lawsuits Is Waning

Added August 21, 2017

The Wall Street Journal reports that state restrictions, increasing costs and a long campaign by businesses has discouraged the lawsuit plaintiffs.


Drop in Manhattan Retail Rents Has Retailers Looking

Added August 21, 2017

The Wall Street Journal reports that retail lease deals remained slow in the second quarter, even as some landlords offered generous incentives.


GSO Capital Cool to New iHeartCommunications Restructuring Deal

Added August 21, 2017

iHeartMedia is attempting to restructure $18 billion in debt at the radio subsidiary without filing for bankruptcy, the Wall Street Journal reports.


SunEdison Sets Bankruptcy Exit With Nothing for Shareholders

Added August 21, 2017

Bloomberg reports that a judge overrules remaining objections over exit financing for SunEdison; the company also reportedly sold wind and solar projects and has a deal with Brookfield.


Nuverra Completes Restructuring And Emerges From Chapter 11

Added August 14, 2017

According to PR Newswire, Nuverra has received over $70 Million In new financing and the company's debt level has been reduced by over $500 million.


Las Vegas Goodwill files for Chapter 11 bankruptcy

Added August 14, 2017

Las Vegas Now reports that Goodwill Industries of Southern Nevada filed for Chapter 11 bankruptcy. There reportedly have been job cuts, the longtime CEO abruptly stepped down, and there has been a focus on reorganization.


Shoe chain Payless emerges from bankruptcy protection

Added August 14, 2017

According to Fox Business, Payless ShoeSource has emerged from bankruptcy protection and is looking for a new CEO to lead the company.


The Incredible Shrinking Sears

Added August 14, 2017

The New York Times reports how a financial wizard took over a giant of American retailing, and presided over its epic decline.


Regional Grocery Stores Feel the Squeeze

Added August 14, 2017

According to the Wall Street Journal, a number of grocers with at least $2 million in sales fell 6% last year; two Midwest chains filed for bankruptcy protection.


Former Transmar executives plead not guilty to US fraud charges

Added August 14, 2017

Reuters reports that three former executives at Transmar Commodity Group Ltd recently pleaded not guilty to defrauding banks to win a $400 million credit line for the now bankrupt New Jersey based cocoa trading company.


US weekly jobless claims total 244,000 vs 240,000 estimate

Added August 14, 2017

According to CNBC, claims have been below a threshold associated with a healthy labor market for 127 straight weeks, the longest stretch since 1970.


Knight Energy files Chapter 11, enters RSA

Added August 14, 2017

Oil & Gas Financial Journal reports that Knight Energy Holdings LLC and its operating affiliates have signed a Restructuring Support Agreement with certain debt holders in conjunction with its voluntary filing of a pre negotiated Chapter 11 bankruptcy.


Michigan firm buys Skip Barber Racing School in bankruptcy court

Added August 14, 2017

Mlive reports that Liquid Asset Partners is buying the assets of Skip Barber Racing School, a 40-year-old institution, which filed Chapter 11 bankruptcy in August.


Knight Energy files for Chapter 11

Added August 14, 2017

According to KATC.com, the bankruptcy petition, filed Tuesday in federal court, indicates the company has about $50 to $100 million in assets, compared to $100 to $500 million in debt.


The Coming Squeeze for Shale Oil Drillers

Added August 7, 2017

According to the Wall Street Journal, oil field services firms see improvement in the U.S. shale patch, but rising margins may come at the expense of oil and gas producers profits.


Dont Cry for Subprime Auto Debt Buyers

Added August 7, 2017

Bloomberg reports that lot of investors have been increasingly concerned about the deteriorating quality of subprime auto loans.


Puerto Ricos Bondholders File First Suit Against Uncle Sam

Added August 7, 2017

The Wall Street Journal reports that hedge funds are seeking compensation from the U.S. for potential losses.


Imperial Capital Hires Two Senior High Yield/Distressed Professionals

Added August 7, 2017

The company announced the addition of senior high yield professionals, James Book, institutional sales professional and Daniel Derman, senior distressed trader.


Lawyers Hope to Do to Opioid Makers What They Did to Big Tobacco

Added August 7, 2017

Mike Moore, a pioneer of cigarette litigation, is encouraging states to sue drug companies over the painkiller epidemic,


Where True Religion Went Wrong

Added August 7, 2017

Forbes reports that True Religion Brand Jeans filed for Chapter 11 bankruptcy protection, becoming another casualty of the massive hit against retail.


In Reversal, Colleges Rein In Tuition

Added August 7, 2017

According to the Wall Street Journal, prices of higher education are rising in line with inflation as enrollment stagnates.


GM may kill Chevy Volt, Sonic and four other cars

Added August 7, 2017

According to USA Today, the news comes as sales of cars continue to plummet in the U.S. and as consumers increasingly turn to SUVs and pickups.


Aquion Energy, Inc. Emerges from Chapter 11 Bankruptcy Status Under New US-Based Ownership

Added August 7, 2017

The investing company, a majority American joint venture, is planning to rapidly rebuild strong technical, operations, and commercial teams.


Ecommerces next victim commercial real estate

Added August 7, 2017

Axios reports that the shift to online shopping is now striking at the underlying value of malls, and commercial real estate as a whole.


US Foresaw Better Return in Seizing Fannie and Freddie Profits

Added August 7, 2017

According to the New York Times, Fannie Mae and its fellow mortgage finance giant, Freddie Mac, were put into conservatorship during the most recent US financial crisis.


Investors have a plan to save iHeart from bankruptcy

Added July 30, 2017

According to the New York Post, several lenders of iHeartMedia have split from Franklin Advisers, the media companys largest creditor, and are close to reaching a restructuring plan with iHeart.


Board Member Exodus Hits Hampton Creek, a Healthy Food Start-Up

Added July 30, 2017

The New York Times reports that nearly the entire board of Hampton Creek resigned last month, leaving the companys founder and chief executive, Josh Tetrick, as its only member.


Brazilian construction group UTC files for bankruptcy protection

Added July 30, 2017

According to Reuters, the company intends to restructure 3.4 billion reais ($1.1 billion) in debt. The UTC signed a leniency agreement with prosecutors last week after admitting to bribing government officials to get contracts with state-controlled oil company Petroleo Brasileiro SA.


Sears Hit With 401(k) Plan Lawsuit

Added July 30, 2017

According to the Wall Street Journal, the company and its CEO are being sued for allegedly encouraging participants in its 401(k) plan to buy company stock despite well-publicized struggles that have battered Sears shares since 2014.


Blue Apron shares sink after Amazon files meal kit trademark

Added July 30, 2017

According to Marketwatch, Amazon.com filed a trademark for a meal kit service. The filing has the word mark, We do the prep. You be the chef.


A New Sign of Fear for US Drillers

Added July 30, 2017

Bloomberg reports that a prolonged price slump alters outlook for debt holders.


New U.S. Subprime Boom, Same Old Sins: Auto Defaults Are Soaring

Added July 30, 2017

According to Bloomberg, a decade after the mortgage debacle, the financial industry has embraced another type of subprime debt auto loans.


Franchise Services of North America Inc. Announces Chapter 11 Bankruptcy Filing

Added July 30, 2017

Newswire reports that the company seeks to best preserve the value of its assets for the benefit of creditors and shareholders.


J.Crew Lenders Fail to Block Debt Restructuring

Added July 30, 2017

According to the Wall Street Journal, a New York state judge clears path for an disputed debt exchange.


Puerto Rico Board Rejects Power Utility Debt Restructuring

Added July 30, 2017

Bloomberg reports that the companys board action moves power the utility closer to bankruptcy.


The Decline Of Investment In San Francisco Startups

Added July 24, 2017

Tomasz Tunguz reports on the seeming collapse in the amount of venture capital raised by San Francisco startups relative to other regions.


The fate of Lake Tahoes Cal Neva is still being determined

Added July 24, 2017

The Sierra Sun reports on the future of Lake Tahoes Cal Nevada resort. Oracle software cofounder Larry Ellison's investment firm recently offered to purchase the property for $38 million.


Dynamic International Airways Files Chapter 11 Petition

Added July 24, 2017

PR Newswire reports that the airlines decision to file follows upon litigation matters resulting from Hajj flights the airline operated in 2014 for Air India.


Medallion Financial Renews Facility Secured by Medallion Loans

Added July 24, 2017

According to ABF Journal, Medallion Financial renewed its credit facility agreement for an additional eight months with DZ Bank as agent for the lender, Autobahn Funding Company.


5 Billion Reasons Toys R Us Struggles as Amazon Soars

Added July 24, 2017

The Wall Street Journal reports that the retailers debt load and falling sales make it hard to invest enough to compete on digital platforms.


Here Comes the Creditor, All Dressed in White

Added July 24, 2017

The Wall Street Journal reports that a bridal studios bankruptcy upended traditional bankruptcy rules.


California Says Tesla Is Too Big to Fail

Added July 24, 2017

Media reports show that state democrats cannot stop allocating taxpayer money for the electric vehicle company, as reported by the Wall Street Journal.


Elliott Goes After Berkshire Hathaway With Subpoenas and Depositions

Added July 24, 2017

According to WSJ.com, Berkshire Hathaway Energy legal counsel has asked a judge to deny requests for documents.


Chipotles New Food Scare Hits at a Bad Time

Added July 24, 2017

Bloomberg reports that a small number of illnesses had been reported by visitors to Chipotles outpost in Sterling, Virginia, with symptoms consistent with norovirus.


Robots Are Replacing Workers Where You Shop

Added July 24, 2017

According to the Wall Street Journal, WalMart and other large retailers, under pressure from Amazon, turn to technology to do workers rote tasks.


Abercrombie Buyout Idea Was Band-Aid, Not Solution

Added July 17, 2017

Bloomberg Gadfly reports that the companys stock recently slumped 20 after announcing it had terminated efforts to sell itself.


Retailers Tap Consultants to Wiggle Out of Mall Leases

Added July 17, 2017

According to the Wall Street Journal, store owners are facing unpredictable sales, while margins seek more favorable terms from landlords.


Capital Teas Files Voluntary Chapter 11 To Enable Restructuring

Added July 17, 2017

According to Digital Journal, Capital Teas intends to consolidate its retail operations around its 12 remaining stores in MD, DC, VA, and FL plus its fast-growing online business.


Elliott Management hires Moelis for $9.3 billion Oncor bid

Added July 17, 2017

CNBC reports that a bid would set Elliotts founder, Paul Singer, in competition with Warren Buffett, whose Berkshire Hathaway last week made a $9 billion offer for Oncors parent, Energy Future Holdings.


Morehead Memorial Hospital CEO: Chapter 11 filing a courageous decision

Added July 17, 2017

Bizjournals reports that Morehead Memorial Hospital recently filed Chapter 11 bankruptcy.


U.S. retailer Guitar Center explores debt restructuring

Added July 17, 2017

According to Reuters, the company i s looking for ways to restructure its $1.3 billion debt burden.


Quality Care Properties Sets Short Deadline for Receiving Past Due Rent from HCR ManorCare

Added July 17, 2017

According to Costar News, Quality Care Properties has given troubled skilled nursing center operator HCR ManorCare Inc. until the end of the week to pay off $79.6 million in past due rent.


Casino Control Commission approves Caesars bankruptcy plan

Added July 17, 2017

According to the Press of Atlantic City, Caesars Entertainment Operating Co will be allowed to lease operations of its properties to a newly formed operating company as part of a Chapter 11 bankruptcy reorganization.


Voter generosity helped SF pile up huge pension tab

Added July 17, 2017

According to the San Francisco Chronicle, a civil grand jury found that San Francisco has a huge $5.8 billion pension liability, and a series of retroactive benefit increases approved by voters over a dozen years is mostly to blame.


Restructured Texas Toll Road Emerges From Chapter 11

Added July 17, 2017

The Engineering News Record reports that income generate by the Texas Toll Road did not meet projections.


Bachrach Store Closings Bring in Lower-Than-Expected Revenue

Added July 17, 2017

According to the Wall Street Journal, the mens clothing retailer filed Chapter 11 bankruptcy back in April, 2017.


Ultra Petroleum Announces Dismissal of Litigation

Added July 12, 2017

Global News Wire reports that the company has entered into a mutual stipulation and settlement agreement with Cross Sound Management.


Navicent outbids Prime to acquire bankrupt Georgia hospital

Added July 12, 2017

According to Beckers Hospital Review, Navicent Health will acquire Oconee Regional Medical Center, which filed for Chapter 11 bankruptcy in May, 2017.


Caesars Hires Two Executives to Lead Expansion Beyond Gambling

Added July 12, 2017

Bloomberg reports that developers want the Caesars brand for non casino hotels.


Volvo says the combustion engine is a thing of the past

Added July 12, 2017

According to Marketplace, Volvo just announced that all of its new cars will be either electric or hybrids by 2019, with plans to launch five new electric models in the next few years.


FTI Consulting Acquires Turnaround Firm CDG Group

Added July 12, 2017

According to ABL Advisor, FTI Consulting, Inc. announced that it has acquired CDG Group, a restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York.


True Religion Reaches Milestone Agreement with Lenders

Added July 12, 2017

Businesswire reports that a restructuring of the company was facilitated through a voluntary prearranged Chapter 11 filing, that will reduce True Religions debt by over 75% or $350m.


Trios Health files for Chapter 9 bankruptcy protection

Added July 12, 2017

According to the Tri City Herald, the only public hospital district in the TriCities has officially filed for bankruptcy protection.


Court Freezes $182 Million in Assets of Chinese Internet Tycoon

Added July 12, 2017

According to the New York Times, a court in Shanghai has frozen $182 million in assets tied to the chairman of the Chinese technology company LeEco after one of its affiliates missed loan payments.


RadioShack Creditors Lawsuit Says Sprint Killed 6,000 Jobs

Added July 12, 2017

Fortune reports that Sprint used confidential information from its alliance with RadioShack to open competing mobile phone stores, dooming the comeback by the electronics retailer and destroying jobs.


Clouds Build Over Junk Rally JPMorgan Says Has Topped Out

Added July 12, 2017

According to Bloomberg, a rally that sent yields on the worlds riskiest corporate bonds to a three year low is showing signs of faltering.


Lenders who finance luxe shopping chains are nervous for the holidays

Added July 3, 2017

The New York Post reports that some lenders who finance retail vendors are getting concerned about the holiday prospects for luxe retail chains.


Hartfords Finances Spotlight Property Tax Quandary

Added July 3, 2017

According to the Wall Street Journal, despite top property tax rates in Connecticut, the states capital teeters on bankruptcy.


Illinois Bondholders Stand Pat as State Veers Toward Cut to Junk

Added July 3, 2017

Bloomberg reports that Illinois would be first the state on record to lose investment grade bonds.


We Are Watching the Endless, Tortuous Liquidation of Sears, Says This Former Top Exec at Retailer

Added July 3, 2017

TheStreet.com reports that Sears could be about to run out of cash sometime within the next month assuming its current burn rate.


Public Private Projects Where the Public Pays and Pays

Added July 3, 2017

According to the New York Times, experts agree that while some public-private partnerships may result in near term savings, there is little hard evidence that they perform better over time.


Takata Plans Bankruptcy Filing soon

Added July 3, 2017

According to the Wall Street Journal, the airbag supplier plans near simultaneous bankruptcy filings in the U.S. and Japan.


Retailers losing big bucks due to theft, inventory shrink says NRF

Added July 3, 2017

According to Fox Business, inventory shrink grew to $48.9 billion in 2016 from $45.2 billion the year prior. The increase in losses were found to be largely due to the result of flat or declining retail security budgets.


McDonalds Is Replacing 2,500 Human Cashiers With Digital Kiosks: Here Is Its Math

Added July 3, 2017

Zerohedge.com reports that McDonalds Experience of the Future strategy anticipates that digital ordering kiosks will replace cashiers in at least 2,500 restaurants by the end of 2017 and another 3,000 over 2018.


Tesla is talking to the music labels about creating its own streaming service

Added July 3, 2017

Recode reports that the carmaker has had talks with all of the major labels about licensing a proprietary music service that would come bundled with its cars.


Subprime Auto Bonds From 2015 May End Up Worst Ever, Fitch Says

Added July 3, 2017

According to Bloomberg, subprime auto bonds issued in 2015 are by one key measure on track to become the worst performing in the history of car loan securitizations.


Lumenate Files For Chapter 11

Added July 3, 2017

CRN reports that Lumenate petitioned last month for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of Texas.


Sears Canada Seeks Creditor Protection to Pursue Restructuring Plan

Added June 25, 2017

According to Newswire, Sears Canada Inc. announced that certain of its subsidiaries have applied to the Ontario Superior Court of Justice for protection under the Companies' Creditors Arrangement Act.


Takata to file for bankruptcy, SMFG to provide bridge loan

Added June 25, 2017

Reuters reports that Takata Corp will seek bankruptcy protection from creditors, as the Japanese company faces billions of dollars in liabilities stemming from the biggest recall in automotive history.


Uber Cant Be Fixed Its Time for Regulators to Shut It Down

Added June 25, 2017

Harvard Business Review reports that Ubers mounting scandals reveal something seriously amiss, culminating in a recent stern report from former US Attorney General Eric Holder.


Another deal on power debt wont help Puerto Ricos economy

Added June 25, 2017

The Hill reports that the Puerto Rico Electric Power Authority bonded debt totals $9 billion, the largest single component of Puerto Ricos overall debt of about $70 billion.


J Crew Lenders File New Lawsuit Over Trademark Transfer

Added June 25, 2017

Bloomberg reports that J. Crew Group Incs debt restructuring cant go forward because not all lenders agreed to it, and it seals the deal on an improper shift of trademark assets to benefit the retailers private equity owners.


Pet leasing co filed for bankruptcy over $11.3M loan default

Added June 25, 2017

Reno based firm Bristlecone Holdings recent Chapter 11 bankruptcy stems from defaulting on an $11.3 million loan, according to testimony in Nevada Bankruptcy Court.


Noble Group thrown debt lifeline

Added June 25, 2017

According to the Financial Times, Noble Groups main lenders have thrown a lifeline to the embattled commodity trader, agreeing in principle to push back a repayment deadline on a crucial credit line until October.


HCR ManorCare Carlyle Continue to Haggle With Landlord on Rent

Added June 25, 2017

According to the Wall Street Journal, the skilled nursing operator wants Quality Care Properties to make an allowance for potential legal settlements and executive pay.


Why Bad Things Happen to Clean Energy Startups

Added June 25, 2017

According to MIT Technology Review, new technologies for storing power from wind and solar farms will be key to a clean energy future. But Aquion Energys recent bankruptcy shows the market challenge of making that happen.


Berkshire Hathaway Invests in Embattled Lender Home Capital

Added June 25, 2017

According to Bloomberg, Buffetts firm will buy shares and supply a C$2 billion credit line.


Booz Allen stock plummets on word of federal government probe

Added June 25, 2017

According to CNBC, Booz Allen stock falls as much as 13 percent in after hours trading.


Stockton bankruptcy judge among five tapped to mediate Puerto Rico debt fights

Added June 25, 2017

According to Reuters, federal Judge Victor Marrero will be a member of the five judge team tapped to mediate a number of legal fights in Puerto Ricos massive bankruptcy.


China Defaults Feared as Firms Confront Short Debt Addiction

Added June 25, 2017

According to Bloomberg, China non bank firms short bond sales were lowest in 3 years.


Former Revel casino not opening this June, Straub says

Added June 25, 2017

According to the Press of Atlantic City, the former Revel casino wont be opening this month. Owner Glenn Straub said Thursday he wont meet his self imposed June deadline to open the 6 million square foot facility now known as TEN.


Pandora, Faded Star of Online Music, Gets Cash Infusion From Sirius XM

Added June 19, 2017

According to the New York Times, the music streaming company has reportedly agreed to take a $480 million investment from Sirius XM.


As Retail Outlook Dims, Mall Tenants Push for Shorter Leases

Added June 19, 2017

Bloomberg reports that retail chains are facing off with landlords throughout the USA. Also bankruptcies in the retail industry are accelerating into next year.


Americans are suddenly defaulting on their credit cards

Added June 19, 2017

According to Business Insider, Americans have suddenly stopped paying off their credit card bills at a rapid rate.


Turnaround Executive Lynn Tilton to Testify About Failed Ambulance Company

Added June 19, 2017

The Wall Street Journal reports that Transcare Corp closed down suddenly in 2016, idling its workforce, and filed for bankruptcy.


Denmark Is Killing Tesla (and Other Electric Cars)

Added June 19, 2017

According to Bloomberg, a drop in sales suggests market isnt yet competitive.


Fannie and Freddie Endgame Takes Shape

Added June 19, 2017

According to the Wall Street Journal, Mnuchins willingness to consider a government backstop for the mortgage market draws little notice.


How Retailers Like Gracious Home Are Rebuilding After Chapter 11

Added June 19, 2017

The Commercial Observer reports that luxury home retailer, Gracious Home, has filed for bankruptcy for the second time in six years, yet the company is working on a way to rebound.


Seadrill Jumps as Debt Talks Progress and Dibowitz Named CEO by Mikael Holter

Added June 19, 2017

According to Bloomberg, there is a new refinancing proposal on table, but dilution risk repeated.


Bill Gross Says Market Risk Is Highest Since Pre 2008 Crisis

Added June 19, 2017

Bloomberg reports that the bond investor says asset prices are too high for risk taking.


Elliotts Singer Warns System May Be More Leveraged Than 2008

Added June 19, 2017

Bloomberg reports that billionaire investor Paul Singer said distorted monetary and regulatory policies have increased risks for investors almost a decade after the financial crisis.


Thousands Of Cab Owners Will Go Bankrupt In Fight With Uber, Lyft: Report

Added June 19, 2017

DNA Info reports that hundreds of Chicago taxi medallions have been foreclosed on this year.


Mall owner GGP doubles down on brick and mortar retailing

Added June 19, 2017

Reuters reports that the head of GGP Inc sees the recent spate of U.S. department store closings as a chance to expand its redevelopment operations with plans to buy 100 of the shuttered emporiums.


Facing bankruptcy rumors, Gymboree names former Tillys head as CEO

Added June 19, 2017

According to Retail Dive, Griesemer will take over a company with a debt load of more than $1 billion, much of it related to Bain Capitals buyout of the childrens apparel retailer in 2010.


Ann Arbors Foresee bouncing back after Answers Corp bankruptcy

Added June 19, 2017

Answers Corp., the parent company of Answers.com and Ann Arbor based marketing consultant company Foresee, filed for Chapter 11 bankruptcy.


Pittsburgh Athletic Association Files for Chapter 11 Protection

Added June 12, 2017

According to the Pittsburgh Business Times, the Pittsburgh Athletic Association (PAA) filed for chapter 11 protection. The filing includes the Pittsburgh Athletic Association as well as the Pittsburgh Athletic Association Land Co.


Feds Powell Looks to Boost Stress Test Transparency

Added June 12, 2017

Reuters reports that Federal Reserve Governor Jerome Powell said that the Fed will announce some changes to its bank stress tests.


Crosiers Religious Order Files for Bankruptcy Protection

Added June 12, 2017

According to the Miami Herald, a Catholic religious order has filed for bankruptcy protection following lawsuits alleging clergy sex abuse in Minnesota.


As Seats Go Unfilled on Federal Panels, Businesses Face Uncertainty

Added June 12, 2017

According to the Wall Street Journal, when the Federal Trade Commission leveled deceptive-advertising allegations against DirecTV in 2015, all five FTC commissioners were on the job.


Canadas Stelco Seeks U.S. Bankruptcy Court Protection

Added June 12, 2017

According to the Wall Street Journal, U.S. Steel Canada Inc., known as Stelco, has asked a New York judge to formally recognize its Canadian restructuring efforts, a condition of the companys plan to finalize a bankruptcy takeover by Bedrock Industries L.P.


Rooster Energy Ltd. Announces Files for Chapter 11

Added June 12, 2017

Rooster Energy Ltd.recently announced that all of its U.S. subsidiaries each filed for chapter 11 protection, according to a company press release.


Analysis: Puerto Ricos Exodus Is Speeding the Islands Economic Collapse

Added June 12, 2017

Bloomberg reports that the bankruptcy of Puerto Rico has accelerated an exodus of the population thats adding to the islands economic misery.


Mortgage Trustees Accept Lehmans $2.4 Billion Bankruptcy Offer

Added June 12, 2017

According to the Wall Street Journal, a settlement offer contains a path to resolving the companys long running chapter 11 dispute.


Plan to Eliminate a Regulator Draws Criticism from Business Group

Added June 12, 2017

According to the Wall Street Journal, a proposal in President Donald Trumps budget to eliminate a regulator and cut government spending is drawing criticism from an unexpected source: Washingtons business lobby.


Puerto Rico Highway Creditors Take Clawback Fight to Court

Added June 12, 2017

A lawyer for Puerto Ricos financial oversight panel on Monday said the bankrupt islands highway authority could run out of cash if it continues to pay all its debt, and signaled big repayment cuts for the authority's creditors, Reuters recently reported.


Owner of Joes Crab Shack Chain Files for Bankruptcy

Added June 12, 2017

Reuters reports that the owner of the Joes Crab Shack casual dining chain recently filed for chapter 11 protection, amid falling sales.


GM Creditors $1 Billion Fight Hangs on Fixture Definition

Added June 12, 2017

According to Bloomberg News, as the sun sets on an eight year lawsuit over the spoils of General Motors Cos bankrupt predecessor, the fate of $1 billion may rest on the question: what will fix the issue?


Pearl Theater Company Files for Bankruptcy

Added June 12, 2017

According to the New York Times, the Pearl Theater Company recently announced that after 33 years in business, it had filed for bankruptcy..


ISH to Emerge from Bankruptcy as Seacor Subsidiary

Added June 12, 2017

International Shipholding Corp. (ISH) expects to emerge from bankruptcy as a Seacor Holdings Inc. subsidiary WorkBoat.com recently reported.


Toshiba Unaware Its Nuclear Unit Was Preparing for Bankruptcy, Timeline Shows

Added June 12, 2017

The Wall Street Journal reports that Westinghouse Electric filed for bankruptcy protection in March


Bankruptcy Fears Grow Among Top Ranking Promising Companies in China

Added June 6, 2017

The Huffington Post reports that as Chinas economy is trembling, bankruptcy fears are growing among companies in China.


Rooster Energy Ltd. Announces Filing Voluntary Chapter 11 Reorganization Proceedings and CCAA Filings

Added June 6, 2017

According to Benzinga, the Company has requested that all cases filed by its subsidiaries will be consolidated for administrative purposes.


In Uber era, Chicagos taxicab industry disappearing, study finds

Added June 6, 2017

The Suntimes reports that Chicago cabdrivers struggling to survive in the Uber era are fighting a losing battle, with 40 percent of all medallions inactive and hundreds more either in foreclosure or headed there.


Dana Gas Names Advisers for $700 Million of Islamic Debt

Added June 6, 2017

Bloomberg reports that restructuring may be an easier option for the company than others.


Marquee Brands-led group in bid for bankrupt BCBG

Added June 6, 2017

Reuters reports that brand licensor Marquee Brands LLC is leading a consortium that is preparing a bid for BCBG Max Azria Group LLC.


China s debt problem explained

Added June 6, 2017

Thomson Reuters reports on China s debt that has risen over the last decade.


The End of Cheap Chocolate? Cocoa Futures Surge Most on Record

Added June 6, 2017

Bloomberg reports that Ivorian suppliers sold more of their 2017 crop than expected.


A watershed moment for the automotive industry

Added June 6, 2017

According to Alix Partners, in the next 15 years, electric and hybrid cars will capture more than half of the market.


German Shipping Firm Rickmers to File Bankruptcy

Added June 6, 2017

The Wall Street Journal reports that the company has become the latest victim of crisis sweeping across global shipping industry.


Coming to America?

Added June 6, 2017

Medium.com reports that international tourism to the USA is down by double digits. which is likely impacting retail sales and employment.


Why Gymboree is staring down bankruptcy and what it means for the rest of children's apparel

Added June 6, 2017

According to Retail Dive, the childrens apparel retailer is nearing a deadline on its $1 billion debt load.


Ratings Firms Issue Downgrades for Mall Backed Debt

Added June 6, 2017

According to the Wall Street Journal, fluctuations in occupancy rates raise the probability of losses.


10 percent of Americans trading in a car plan to use Uber and Lyft instead of buying a new one

Added June 6, 2017

CNBC reports that nearly a quarter of American adults sold or traded in a vehicle in the last 12 months.


iHeartMedias troubles worsen as investors back out of debt exchange offer

Added June 6, 2017

My San Antonio.com reports that the company extended the deadline for a fifth time on a $14.6 billion distressed debt exchange offer.


Payless to try fending off creditor probe of owners with own review

Added June 6, 2017

Reuters reports that Payless ShoeSource is investigating whether its leveraged buyout by private equity firms and the dividend payments they received led to its bankruptcy.


Central Grocers considering bankruptcy

Added May 29, 2017

Reuters reports that Central Grocers is working with law firm Weil Gotshal & Manges LLP, investment bank Peter J. Solomon Co, and consultants from Conway MacKenzie Inc on reviewing strategic alternatives, including a debt restructuring.


Rue21 Eyes DIP Loan to Finance Stay in Bankruptcy

Added May 29, 2017

The Wall Street Journal reports that Rue21 is considering a DIP loan to finance bankruptcy stay.


Ocwen Sued by CFPB as Regulators Question Company's Survival

Added May 29, 2017

Bloomberg reports that shares of the mortgage collection company tumble most on record.


Foot Locker shares slide after profit warning

Added May 29, 2017

According to Marketwatch.com, Foot Locker Inc shares fell 3.6% in pre market trading after the athletic apparel and footwear retailer issued a profit warning for the first quarter.


WalMart Brings Price War to Groceries, Boosting Pressure on Big Food Retailers

Added May 29, 2017

The Wall Street Journal reports that the worlds biggest retailer is spending to beat competitors such as Amazon.com.


Iracore International Announces Comprehensive Restructuring and New Ownership

Added May 29, 2017

According to Businesswire, the company announced the completion of a consensual restructuring transaction with the unanimous support of its shareholders and note holders.


RadioShack Wins Court Approval to Pay Executive Bonuses

Added May 29, 2017

According to the Wall Street Journal, a bankruptcy judge withholds a decision on RadioShack s settlement with Sprint over retail stores.


Berkeley soda tax takes a big gulp out of sugary drink sales

Added May 29, 2017

According to Reuters, the nations first soda tax is fulfilling health experts goals in Berkeley, California. Sales of sugar sweetened beverages dropped nearly 10 percent during the first year of the tax.


Venezuelan Car Sales Have Plunged 99.4% From Their Peak

Added May 29, 2017

Bloomberg reports that General Motors Co shut down operations in the country after authorities seized the automakers plant in Valencia.


Brazil plans law to intervene in troubled telecoms regulator

Added May 29, 2017

According to Reuters, the Brazilian government will introduce legislation granting it the power to intervene when telecom operators under bankruptcy protection.


US Dataworks Files Chapter 11 Bankruptcy Petition

Added May 29, 2017

According to PR Newswire, the leader in payment processing technology announced that is seeking protection under federal bankruptcy laws by filing a Chapter 11 bankruptcy petition.


Big Name Food Brands Lose Battle of the Grocery Aisle

Added May 29, 2017

According to the Wall Street Journal, retailers are choosing to give better play to fresh products, instead of promoting packaged goods.


Judge opens to door to equity committee in Azure Midstream Chapter 11

Added May 29, 2017

Reuters reports that the judge of the case will allow the appointment of a committee to represent the energy producers unit holders.


Why Everyone Is Talking About the Troubles at a Tiny Canadian Lender

Added May 29, 2017

Bloomberg reports that the stock at Home Capital Group Inc is plunging.


Why Bankruptcy At Sears Makes Sense For Its CEO

Added May 29, 2017

Forbes reports that Sears management has sold one of its jewels Craftsman tools to Stanley Black & Decker for $525 million even though selling Craftsman tools will hurt Sears image.


Pemberton Music Festival Files for Bankruptcy

Added May 22, 2017

The According to Pollstar, Canada s Pemberton Music Festival has filed for bankruptcy and this year's event has been cancelled.


The Giddy Messages Citi Traders Sent While Lehman Died

Added May 22, 2017

Bloomberg reports that Citigroup traders, U.S. officials and bank executives have worked to save the global financial system after Lehman Brothers bankruptcy in the fall of 2008.


Texas Regulators Still Opposed to NextEras $18B Oncor Deal

Added May 22, 2017

Reuters reports that Texas regulators have remained opposed to NextEra Energy Inc s proposed $18 billion acquisition of Oncor.


Judge Laments $15M in Legal Fees in St Paul Minneapolis Archdiocese Bankruptcy

Added May 22, 2017

The Star Tribune reports that a judge overseeing the bankruptcy of the Archdiocese of St. Paul and Minneapolis expressed concern over the legal fees being racked up in the case.


Judge Approves More Financing for Mountain Creek

Added May 22, 2017

The New Jersey Herald reports that a judge has approved Mountain Creeks request for up to $31 million in additional financing that will enable it to continue operations, amidst $26 million in debt obligations.


NC Questions Duke Energys Plans Following Westinghouse Bankruptcy

Added May 22, 2017

The Charlotte Observer reports that Duke Energy Corp is one of a long list of US utility owners affected by the bankruptcy of nuclear contractor Westinghouse Electric Co.


Sinclair Deal Puts Heat on FCC

Added May 22, 2017

The Hill reports that the proposed acquisition by Sinclair Broadcasting Group of Tribune Media Co has led to criticism of the Federal Communications Commission (FCC).


U S Household Debt Hit Record in First Quarter

Added May 22, 2017

According to the Wall Street Journal, The total debt held by American households reached a record in early 2017, exceeding its 2008 peak.


SoyNut Butter Files for Bankruptcy

Added May 22, 2017

According to the Chicago Tribune, SoyNut Butter Co has filed for bankruptcy and plans to liquidate after its products were recalled for possible E coli contamination.


Beverly Hills High School Oil Well Is Ordered Shut by State Regulators

Added May 22, 2017

The Wall Street Journal reports that California regulators have ordered failing oil and gas driller Venoco LLC to plug up wells it intends to abandon, including a well on the campus of a Beverly Hills high school.


Cash Strapped New Mexico May Overhaul Savings Strategy

Added May 22, 2017

According to US News, New Mexico policy makers are looking for ways to restore full faith in the states credit.


Puerto Rico Creditors Open to Mediation in Bankruptcy Court

Added May 22, 2017

Reuters reports that Puerto Ricos main creditors are interested in continuing mediation settlement talks to resolve the islands unpayable $70 billion debt bill.


Analysis: Sears Has a Bigger Problem than Plunging Sales

Added May 22, 2017

A Business Insider analysis on MSN Money reports that Sears has a bigger problem than plunging sales and dwindling inventory.


Houston Offshore Company Prepares to File Chapter 11 to Eliminate $430M of Debt

Added May 22, 2017

The Houston Business Journal reports that GulfMark Offshore Inc. plans to voluntarily file for chapter 11 protection now that it has reached a restructuring support agreement.


Westinghouse Inches Closer to Rejecting Construction Contracts in Bankruptcy

Added May 22, 2017

According to the Pittsburgh Post Gazette, Westinghouse Electric Co. is getting closer to stepping away from the construction of new nuclear plants in Georgia and South Carolina.


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Elliott sues Energy Future for chance to offer bankruptcy alternatives

Added May 15, 2017

Reuters reports that Elliott Management Corp filed a lawsuit against Energy Future Holdings Corp, claiming that the power company has prevented it from pursuing better options for it as its $18.7 billion deal with NextEra Energy Inc.


Macys Fall Doesn't Dictate Retails Future

Added May 15, 2017

According to Bloomberg, Macys Inc. shares tumbled after the department-store chain reported sales had fallen in the first quarter from a year earlier.


GNC Scraps Proposed Leveraged Loan Extension

Added May 15, 2017

LeveragedLoan.com reports that GNC had engaged in preliminary discussions with its lenders to opportunistically amend and extend its B term loan and revolver.


Housing Regulator Is Pushed to Crack Down on Sales of Foreclosed Properties

Added May 15, 2017

The New York Times Deal Book reports that lawmakers are pressing the nations housing regulator over the sale of thousands of foreclosed houses to investment firms that have pitched the promise of homeownership to people unable to get a traditional mortgage.


Trucking Industrys Tale of Woe Too Many Big Rigs

Added May 15, 2017

The Wall Street Journal reports that a glut of used heavy duty trucks means some long haul carriers are upside down on their rigs, owing more than the trucks are worth.


Amid Brick and Mortar Travails, a Tipping Point for Amazon in Apparel

Added May 15, 2017

The New York Times reports that this year, Amazon will become the largest seller of apparel in America, by several analysts estimates.


Pawn America files for Chapter 11 bankruptcy

Added May 15, 2017

Bizjournals.com reports that the Burnsville based company owes between $10 million to $50 million to less than 1,000 contractors.


Shipping Line Rickmers to Wind Down

Added May 15, 2017

According to the Wall Street Journal, Rickmers wind down comes as the dry bulk shipping company Globus looks to restructure.


iHeartCommunications, Inc. Announces Amendment and Extension of Private Term Loan Offers

Added May 15, 2017

According to Business Wire, iHeartCommunications, Inc. states that the Term Loan Offers have been amended to increase the ratio of amended term loans to Existing Term Loans.


Investors Are Cherry Picking the Assets of a Fallen Renewable Energy Giant

Added May 15, 2017

Bloomberg reports that Brookfield has agreed to buy SunEdisons TerraForm yieldcos.


Puerto Rico Bond Losses Are Priced In, OppenheimerFunds CEO Says

Added May 15, 2017

According to Bloomberg, the Island moving closer to restructuring of $70 billion debt.


Univisions Big Bet on E Commerce, Built on Gawkers Ashes

Added May 15, 2017

According to the Street.com, Univision surprised the publishing community with its $135 million purchase of Gawkers assets out of its legal woe driven bankruptcy.


Where All That Retail Spending Went

Added May 15, 2017

Bloomberg reports that retail sales declined for the second month in a row in the U.S.


Facing $49 Million Hole, Hartfords Bronin Wont Rule Out Bankruptcy

Added May 15, 2017

WNPR reports that Hartford Mayor Luke Bronin has released his $612.9 million budget proposal to the City Council.


Fairholme Fund May Face Liquidity Risks, Morningstar Says

Added May 15, 2017

According to the Wall Street Journal, investors have pulled more than $16 billion from the Fairholme Fund over the past six years, raising concerns about possible liquidity risks.


Rue21 and Lenders in Talks Ahead of Likely Bankruptcy Filing

Added May 7, 2017

According to the Wall Street Journal, the teen retailer is expected to file for bankruptcy as early as next week.


Nuverra Environmental Solutions Files Prepackaged Chapter 11 Bankruptcy

Added May 7, 2017

According to Bankrupt Company News, the Company announced its entry into a restructuring support agreement (RSA) with the holders of more than 80% of its outstanding 12.50%/10.0% Senior Secured Second Lien Notes due 2021.


iHeartMedia Expected to Disclose Insolvency Concerns

Added May 7, 2017

My San Antonio.com reports that San Antonio based iHeartMedia Inc. lost $388 million in the first quarter.


Illinois Retirement Community Files for Bankruptcy

Added May 7, 2017

According to the Wall Street Journal, GreenFields of Geneva has deal with current owner Friendship Senior Options.


High Technology Consortium Foundation Enters Plan for Bankruptcy Exit

Added May 7, 2017

According to the Exponent Telegram, High Technology Consortium Foundation officials believe a plan theyve submitted will help the foundation exit bankruptcy and move forward.


Leader of Proposed Telegraph Hill Development Files for Bankruptcy Protection

Added May 7, 2017

According to Fredericksburg.com, investors are pulling out of the proposed Telegraph Hill mixed use project in Fredericksburg and its developer has filed for Chapter 11 bankruptcy protection.


Pennsylvania Toy Seller Files for Bankruptcy

Added May 7, 2017

The Wall Street Journal reports that Bleacher Creatures LLC, which sells plush toys of movie characters and sports fan memorabilia, has seen sales fall.


Trump Begins to Put Team in Place to Oversee Banks

Added May 7, 2017

According to the Washington Post, President Trump has begun putting in place a new regulatory team for the banking industry.


Puerto Rico Starts $70B Bankruptcy Proceeding, Biggest Ever for Municipal Bond Market

Added May 7, 2017

According to CNBC.com, Puerto Rico has officially requested to enter into a bankruptcy like proceeding to restructure its massive debt load.


Houston based manufacturer files for Chapter 11 bankruptcy

Added May 7, 2017

According to the Houston Business Journal, AFGlobal Corp already has entered into a restructuring support agreement with support from the majority of its senior lenders.


Retailer Bebe Avoids Bankruptcy with Landlord Deals

Added May 7, 2017

According to Reuters, Fashion chain Bebe Stores Inc has clinched deals with its landlords to avoid bankruptcy.


Joes Crab Shack Owner Said to Prepare Bankruptcy Filing

Added May 7, 2017

Bloomberg reports that declining sales could push the company over the financial brink this month.


GOP House Panel Takes First Step to Gut Dodd Frank Law

Added May 7, 2017

According to PBS News, House Republicans took a major step toward their long promised goal of unwinding the stricter financial rules created after the 2008 crisis.


ABC Disposal Celebrates Its Emergence from Bankruptcy

Added May 7, 2017

Southcoast Today reports that ABC Disposal and its related companies were recently discharged from the companys Chapter 11 bankruptcy proceedings.


National Air Cargo Creditors Push to Oust Leader

Added May 7, 2017

According to the Wall Street Journal, creditors say debt payment negotiations at the military transport company have broken down.


Lehman Suit Seeks Return of $2 Billion in 'Phantom' Citi Fees

Added May 7, 2017

According to Bloomberg, the fate of another $2 billion from the wreckage of Lehman Brothers Holdings Inc. is about to be determined.


Puerto Rico bondholders shun islands debt cutting offer

Added April 30, 2017

Reuters reports that Puerto Ricos government presented a debt restructuring offer late that could repay as much as 77 percent of general obligation (GO) bonds and 58 percent of tax backed bonds.


Amid Westinghouse bankruptcy, officials extend agreement to keep Vogtle construction moving

Added April 30, 2017

The Augusta Chronicle reports that representatives from Georgia Power and Westinghouse agreed to extend the interim agreement keeping construction moving forward at the beleaugered Plant Vogtle expansion near Waynesboro.


Alitalia faces bankruptcy after employees vote down plan

Added April 30, 2017

According to Fox News, the risk of bankruptcy looms for Italys flagship airline, Alitalia, after employees resoundingly rejected proposed salary cuts and layoffs.


Westinghouse bankruptcy process could mean lost money and jobs for workers

Added April 30, 2017

According to Fox News, the company building nuclear reactors in Georgia and South Carolina says it cant pay its bills, so Westinghouse says it will file for bankruptcy.


Retail bankruptcies march toward post-recession high

Added April 30, 2017

CNBC reports that the number of retailers filing for Chapter 11 bankruptcy protection is headed toward its highest annual tally since the Great Recession.


Gymboree Is Said to Prepare for Bankruptcy as Payment Looms

Added April 30, 2017

According to Bloomberg, lenders may take control of the retail company as part of reorganization.


Puerto Rico Board Moves to Consider Bankruptcy-Like Process

Added April 30, 2017

Bloomberg reports that a decision comes as the island faces creditor lawsuits as stay ends.


Farms exceed Chapter 12 bankruptcy debt

Added April 30, 2017

According to Iowa Farmer Today, the debt of family farmers has increased far faster than the rate of inflation.


Takata expected to file for bankruptcy

Added April 30, 2017

According to NESN.com, Takata is expected to file for bankruptcy and transfer operations to a new firm.


Helio Power files for Chapter 11 bankruptcy

Added April 30, 2017

PV Magazine reports that the California installer has liabilities up to $10 million, owed up to 5,000 creditors.


Supreme Court Leaves GM Vulnerable To Pre-Bankruptcy Ignition Suits

Added April 30, 2017

Forbes reports that the US Supreme Court has refused to hear the appeal of a court decision that could upend another rule of bankruptcy by tagging the buyer of GMs assets with liabilities both sides assumed would be wiped out in reorganization.


Even in bankruptcy, oil bosses are promised riches

Added April 30, 2017

The Houston Chronicle reports that Incentives to keep top leaders are seen as bankruptcy reward.


Justice Department Says People in Marijuana Business Cant Use Bankruptcy

Added April 30, 2017

According to the Wall Street Journal, US Trustee Program director Cliff White warns against handling any money from sale of marijuana related property.


Bankruptcy risk as desperate councils play the property market

Added April 30, 2017

The Guardian reports that Vince Cable warns of gambles taken by local authorities hit by cuts.


Performance Sports Group Bankruptcy Report Filed

Added April 30, 2017

According to Bankrupt Company News, information regarding the restructuring proceedings to date and the Debtors requests for an extension of the stay of proceedings was recently reported.


New Orleans startup airline GLO files for bankruptcy protection

Added April 30, 2017

Nola.com reports that GLO Airlines, a New Orleans public charter airline that offers nonstop flights to Destin, Fla. among other regional destinations, has filed for bankruptcy protection.


Utahs formerly fastest growing company files for bankruptcy after federal raid

Added April 23, 2017

Reports show that Alliance Health of South Jordan has filed for bankruptcy.


Startups Rarely File for Bankruptcy. Could that Change?

Added April 23, 2017

Fortune magazine investigates the trend of young startup companies filing for bankruptcy in the 21st century.


Latest bankruptcy proves smart cards were a complete disaster

Added April 23, 2017

The Daily Dot reports that Plastc has closed its door and filed for bankruptcy leaving $9 million worth of pre orders unfulfilled and a community of backers fuming.


Kentucky festival launched by Napa Valley man completes bankruptcy

Added April 23, 2017

The Napa Valley Register reports that the NiFi Music Fest has filed bankruptcy.


Adeptus files for bankruptcy after string of losses

Added April 23, 2017

According to the Dallas News, after a string of financial losses, Adeptus Healthcare files for bankruptcy.


Northwest Positive Changes franchises file for bankruptcy

Added April 23, 2017

KREM Channel 2 reports that the local hypnosis services franchise has filed for bankruptcy.


Quincys Bar & Grille in Bethesda Files for Bankruptcy

Added April 23, 2017

According to news reports, the downtown bar has not opened for more than six weeks and was sued for months of unpaid rent.


Westinghouse could run out of cash in bankruptcy, utilities tell court

Added April 23, 2017

Utility Dive reports that seven utilities warned a bankruptcy court this week that they believe nuclear developer Westinghouse Electric will need additional funds to continue operating.


Could San Bernardino face bankruptcy again?

Added April 23, 2017

The Sun investigates whether the City of San Bernardino, California could face a future bankruptcy filing.


Central Grocers considering bankruptcy

Added April 23, 2017

Reuters reports that the supplier to independent grocery stores in the Midwestern United States, struggles with its debt.


Sears Holdings Bankruptcy Filing Expected On July 10 Or Soon After

Added April 23, 2017

Seeking Alpha reports that the fraudulent conveyance bankruptcy issue ends July 8.


Gwinnett solar panel maker Suniva files bankruptcy

Added April 23, 2017

AJC.com reports that the Norcross based solar panel maker has filed bankruptcy after falling victim to falling prices for solar power cells.


10 Retailers Most at Risk of Bankruptcy

Added April 23, 2017

Barons reports on analysts at S&P Global Market Intelligence who have been closely following the downturn in U.S. retail.


Subdivision development in Nebraska files for bankruptcy

Added April 23, 2017

According to the Wichita Eagle, Sanitary and Improvement District No. 290 filed for Chapter 9 bankruptcy after debt built up from infrastructure construction.


Rue 21 Set to Become Latest Retailer to File For Bankruptcy

Added April 23, 2017

According to Fortune Magazine, one time teen retail chain Rue21 is set to file for bankruptcy.


Retail Bankruptcies Could Reach Recession Levels by September

Added April 17, 2017

According to Inc magazine, shoppers habits are changing, and some stores just arent cut out to survive in the new retail environment.


Puerto Rico Creditor Sues BNY Mellon Over Sales Tax Bonds

Added April 17, 2017

The Wall Street Journal reports that Whitebox Advisors sues Puerto Rico trustee BNY Mellon, seeking to block payouts to junior bondholders.


Goldman Sachs names new heads of financial restructuring

Added April 17, 2017

Reuters reports that Goldman Sachs Group Inc has named managing director Greg Berube head of restructuring in the Americas.


Owner of $40M Irving Place Office Building Files for Chapter 11

Added April 17, 2017

Commercial Observer reports that the owner of a Gramercy Park area office building at 67 Irving Place has filed for Chapter 11 bankruptcy protection.


Avenue Capital Raising A New Energy Fund

Added April 17, 2017

According to the Wall Street Journal, the investment firm seeks $1.3 billion to focus on oil and gas credits.


Amazon and Walmart are in an all out price war that is terrifying Americas biggest brands

Added April 17, 2017

Recode reports that grocery suppliers are feeling the squeeze.


Is BonTon Stores Headed for Bankruptcy?

Added April 17, 2017

The Motley Fool investigates whether retailer, BonTon Stores is seeking a bankruptcy filing.


Mudrick, Shorting Malls, Says Drop in Retail Is Forever Trend

Added April 17, 2017

Bloomberg reports that the investor targets securities backed by loans of mall operators.


Bondholders Trust China Too Much

Added April 17, 2017

Bloomberg Gadfy reports on the history of Chinese banks and their efforts at selling perpetual bonds internationally in 2014.


Financiers fight over the American dream

Added April 17, 2017

The New Yorker reports that a hedge fund planned to make a fortune and do good by exposing how Herbalife preyed on the poor.


Private Equity's Retail Debt Carnage

Added April 17, 2017

Bloomberg Gadfy reports on the debt carnage of private equity.


New Ballpark Adds to Hartfords Financial Strain

Added April 17, 2017

The Wall Street Journal reports that the city is on the hook for $68.6 million in bonds issued to cover most of the construction of Dunkin Donuts Park.


Toshiba Warns Westinghouse Nuclear Losses Jeopardize Its Future

Added April 17, 2017

According to Bloomberg, four auditors add independent review to emphasize risks.


Lingerie Company Agent Provocateur Places US Assets in Chapter 11

Added April 17, 2017

According to the Wall Street Journal, the company agrees to sell 12 of its US stores to Four Marketing Group.


Gymboree Said to Prepare Bankruptcy Filing as Debt Payment Looms

Added April 17, 2017

Bloomberg reports that lenders may take control of Gymboree, as part of a reorganization.


Ciber Files For Chapter 11 Protection

Added April 10, 2017

Reports show that Ciber Files For Chapter 11 Protection And Secures $41 Million In DIP Financing To Fund Ongoing Operations During Process And Agree To An Asset Purchase Agreement With Capgemini America.


A. M. Castle & Co. Announces Agreement

Added April 10, 2017

According to media reports, A. M. Castle & Co. Announces Agreement in Principle With Stakeholders to Complete a Comprehensive Financial Restructuring.


Bebe Looks to Stave Off Bankruptcy With Real-Estate Deals

Added April 10, 2017

The Wall Street Journal reports that the apparel retailer is in talks with landlords to pay its way out of mall leases.


Payroll Gains Slow, US Jobless Rate at Lowest Since 2007

Added April 10, 2017

According to Bloomberg, US Wages rise 2.7% from year earlier following 2.8% increase.


Theranos Founder Elizabeth Holmes Owes About $25 Million to Blood-Testing Startup

Added April 10, 2017

According to the Wall Street Journal, debt is disclosed as Theranos looks to trade founders shares with investors in exchange for pledge not to sue.


Seadrill at the Mercy of Day Traders as Biggest Funds Dump Stock

Added April 10, 2017

According to Bloomberg, Seadrill is now at the mercy of short term speculators as the biggest funds avoid the offshore driller amid a struggle to avoid bankruptcy.


Taxi medallions reach lowest value of 21st century

Added April 10, 2017

According to New York Post, a New York City taxi medallion sold for $241,000 last week, which was less than one fifth of what the cab ownership tags were going for just four years ago.


Even Under Trump, a US Coal Giant Plots Cautious Comeback Plan

Added April 10, 2017

Bloomberg reports that Peabody Energy emerges from bankruptcy with scaled-down plans.


The death of brick and mortar retail could hit these 9 companies hard in 2017

Added April 10, 2017

According to Business Insiders, Equity analysts at RBC Capital Markets expect things will continue to get worse for many brick-and-mortar retailers.


Citi Has an Alternative Big Short on Retail

Added April 10, 2017

According to Bloomberg, analysts say bet against empty malls is too crowded, imprecise.


Adeptus Health Discloses Acqusition of Loans by Deerfield, Restructuring of Indebtedness

Added April 10, 2017

According to Street Insider, the Companys board of directors and management continue to explore various options to restructure its outstanding indebtedness aimed at significantly reducing long term debt and other financial obligation.s


SunEdison, Creditors Stake Their Ground Ahead of Looming Legal Battles

Added April 10, 2017

The Wall Street Journal reports that A hearing on a blueprint of a debt repayment plan is slated for May 18.


The New BTU: Largest US coal producer springs out of bankruptcy

Added April 10, 2017

SNL reports that Peabody Energy Corp. returned to the NYSE on April 4 fresh out of bankruptcy and riding a wave of optimism in the U.S. coal sector.


Great Falls-Billings Diocese becomes 15th to file for bankruptcy

Added April 10, 2017

According to National Catholic Reporter, the Montana dioceses March 31 filing for Chapter 11 bankruptcy protection was brought on by financial pressures from sex abuse lawsuits.


Caveat creditor: Risks of filing an involuntary bankruptcy

Added April 10, 2017

JD Supra Business Advisor reports that when faced with a recalcitrant debtor, clients sometimes move too quickly to put the debtor into an involuntary bankruptcy.


Puerto Rico utility PREPA and creditors working on new debt deal

Added April 2, 2017

Reuters reports that PREPA has presented the island's government with a counter offer to restructure the utilitys $8.9 billion of debt.


Private Equity Is Raising Its Bets to Save Distressed Positions

Added April 2, 2017


Atlantic City appears to be on the rebound, according to study

Added April 2, 2017

A C Impact reports that the resorts redevelopment appears to be moving in the right direction.


Subprime Credit Cards Are On The Rise

Added April 2, 2017

The US Structured Finance Newsletter reports that credit card balances and limits are approaching the prerecession levels last seen in 2007.


Toledanos Brookhill files for Chapter 11 on EV buildings

Added April 2, 2017

According to The Real Deal.com, his $145M deal with Sutton is no longer happening.


Toshibas Westinghouse seeks U.S. bankruptcy financing

Added April 2, 2017

Reuters reports that the nuclear power plant developer is taking offers for a financing package to help it go through U.S. bankruptcy.


Energy XXI Gulf Coast Retains Morgan Stanley to Assist with Strategic Plan

Added April 2, 2017

According to the Globe Newswire, Morgan Stanley will assist the Companys Board of Directors and senior management team with the evaluation, development and implementation of a strategic plan.


Barry University faces up to $8 million revenue gap. What happens next?

Added April 2, 2017

According to the Miami Herald, The University is facing a projected 2017 budget gap of up to $8.6 million and accompanying cutbacks.


Behind ModCloths sale to Walmart

Added April 2, 2017

According to Axios.com, WalMart subsidiary Jet.com announced its acquisition of ModCloth, an online retailer of vintage womens apparel


The Puerto Rico Fiscal Agency and Financial Advisory Authority and the Ad Hoc Group of General

Added April 2, 2017

PR Newswire reports that the fiscal agency seeks to establish a stabilized environment for commencing good-faith negotiations toward a consensual restructuring under Title VI of PROMESA.


CHC Helicopter Set To Emerge From Chapter 11

Added April 2, 2017

According to Aviation Week, CHC is reentering the market with a fresh brand and a new outlook on the market it serves.


A New Twist in iHeartMedias Debt Struggles

Added April 2, 2017

According to the New York Times, iHeart announced that it had commenced an exchange offer targeted at all of the companys outstanding term loans.


Howard University Hospital shows symptoms of a severe crisis

Added April 2, 2017

According to the Washington Post, the facility has faced layoffs, accreditation issues, and sexual harassment and discrimination lawsuits, and it has paid out at least $27 million in malpractice or wrongful-death settlements since 2007.


Dry cleaners, seeking new ways to survive, take inspiration from restaurants and retail

Added April 2, 2017

According to the Chicago Tribune, Hundreds of dry cleaners in Illinois have closed in the past two decade but CD One Price Cleaners is trying to adapt in a struggling industry.


Iconic NYC eateries file Chapter 11 amid finance restructure

Added April 2, 2017

Page Six reports that Manhattan restaurants Le Cirque and Circo filed bankruptcy as the owners work to restructure its finances.


Retailers Stare Into the Darkness, But It Keeps Getting Darker

Added March 26, 2017

Bloomberg reports that Credit Suisse cuts the group as outlook gets increasingly bad


Uber Board Stands by Travis Kalanick as It Reveals Plans to Repair Its Image

Added March 26, 2017

According to the New York Times, the board of Uber is confident in its chief executive, Travis Kalanick.


Ally Profit Warning Deepens Concern Over Slumping Used-Car Prices

Added March 26, 2017

Bloomberg reports that automakers heavy discounting and aggressive use of leasing to boost sales has created a supply glut hurting lenders and rental-car companies.


Bankrupt Vanguard Natural gets court OK for $275 mln investment

Added March 26, 2017

According to Reuters, the court order will support efforts aimed at reducing more than $700 million in obligations.


Forbes Energy says its ready to exit Chapter 11 bankruptcy

Added March 26, 2017

Oilfield services company Forbes Energy Service Ltd said in court papers on Wednesday that its plan to exit bankruptcy has received nearly unanimous support from senior noteholders, as reported by Reuters.com.


U.S. judge signs Peabody bankruptcy exit after environmental deal

Added March 26, 2017

Reuters reports that the coal producer struck a settlement with the U.S. government over legacy environmental claims at a gold and metal mining subsidiary.


BRIEF Triangle Petroleum Corp says TUSA, its units filed with bankruptcy court certain third amended joint Chapter 11 plan of reorganization

Added March 26, 2017

Reuters reports that the Triangle Petroleum reorganization plan provides for distribution of stock of new holding co of reorganized TUSA to TUSA's 6.75% senior notes due 2022.


Toshibas Westinghouse may file bankruptcy Tuesday, seeks Kepco aid: Nikkei

Added March 26, 2017

According to Reuters, a Chapter 11 filing could help Toshiba limit damage from losses at Westinghouse.


Sears Warning Slams Mall Stocks

Added March 26, 2017

The Wall Street Journal reports that shares of retail REITs feel the pain; PREIT, CBL, Macerich and GGP lower.


Court Approves Ultrapetrols Chapter 11 Plan

Added March 26, 2017

According to the Wall Street Journal, creditors of the shipping company have already voted to approve the plan.


Pandora Has to Face the Music

Added March 26, 2017

Bloomberg reports that Pandora Musics stock is stuck in a pinball machine, with intermittent takeover speculation the only thing keeping some shareholders from calling it quits.


Vision Operator of Rent to Own Homes, Gets Legislative Scrutiny

Added March 26, 2017

According to the New York Times, Vision Property Management has had a reputation of not responding promptly to tenant complaints about major problems with its rent to own homes.


Miners Bankruptcy Exit Will Leave a Cleanup Bill

Added March 26, 2017

Peabodys settlement over polluted sites comes amid uncertainty for environmental funding, as repoted by WSJ.com.


Gawker Founder Nick Denton to Leave Bankruptcy

Added March 26, 2017

The Wall Street Journal reports that the publisher filed for chapter 11 in August amid legal battle with Hulk Hogan.


China Shifts Stance, Letting Dying Firms Go Bankrupt

Added March 26, 2017

According to the Wall Street Journal, the National Peoples Congress meets with new will to end practice of bailing out failing companies.


Exco Resources Nears Deal to Stave Off Bankruptcy

Added March 20, 2017

According to the Wall Street Journal, the natural-gas producer plans to sell $300 million in new debt, issue warrants to buyers.


Debt Collector SquareTwo Files for Chapter 11 Bankruptcy

Added March 20, 2017

The WSJ reports that Resurgent Holdings is set to take ownership and will pump $405 million of its new money into SquareTwo.


Retail Store Bubble Has Burst and CEOs Search for Answers

Added March 20, 2017

The Wall Street Journal reports that declining foot traffic, falling profit margins have forced many chains to scale back.


Sears just lost another top executive

Added March 20, 2017

According to Business Insider, Sears/Kmart president and chief member officer Alasdair James has left the company.


Quick Sales in Bankruptcy: Good or Bad?

Added March 20, 2017

LSTA investigates whether quick asset sales to resolve bankruptcy a good or bad thing.


As Retailers Go Silent, Big Data Fills the Void

Added March 20, 2017

The number of retailers providing monthly same store sales data has dwindled, contributing to greater volatility for their stocks, as reported by the Wall Street Journal.


The Latest Craze In Silicon Valley: Bankruptcy

Added March 20, 2017

According to Forbes, venture capitalists who once considered an unthinkable breach of decorum to put a company in bankruptcy now see it as a way to salvage what they can from their would be unicorns.


U.K. Shoe Retailer Jones Bootmaker Close to Administration

Added March 20, 2017

According to the Wall Street Journal, U.K. Shoe Retailer Jones Bootmaker Close to Administration.


Insolvency Looms For Wet Seal Ch. 11, Creditors Warn

Added March 20, 2017

Law360 reports that unsecured creditors of bankrupt clothing retailer The Wet Seal LLC warned that the companys Chapter 11 appears headed for insolvency.


How to Save a Dying Mall

Added March 20, 2017

According to Bloomberg, a small group of investors is buying struggling shopping centers on the cheap and trying to turn them around.


SolarCitys Ties to Foreclosure Cases Raise Questions on Vetting Policies

Added March 20, 2017

According to the New York Times, SolarCity, the nations leading installer of rooftop solar panels and a renewable energy darling, has pitched its value to investors.


Outer Harbor Submits Ch. 11 Liquidation Plan For Approval

Added March 20, 2017

According to Law360, Bankrupt port operator Outer Harbor Terminal LLC has filed a Chapter 11 plan of liquidation in Delaware.


MF Global and PwC to Face Off in $3 Billion Malpractice Lawsuit

Added March 20, 2017

The Wall Street Journal reports that a lawsuit claims PwCs accounting advice helped bring down the commodities brokerage in 2011.


Norton Rose and Chadbourne to Combine

Added March 20, 2017

According to Bloomberg Law, the legal behemoth Norton Rose Fulbright and smaller Chadbourne & Parke of New York have announced that the two firms will combine in the second quarter.


Sources: Ultra Petroleum in Settlement Talks with Bondholders

Added March 20, 2017

Under discussion is the bondholders effort to collect at least $201 million in so called make whole payments, as reported by the Wall Street Journal.


Triangle USA Petroleum Bankruptcy Plan Confirmed

Added March 13, 2017

According to Bankrupt Company News, the U.S. Bankruptcy Court issued an order confirming Triangle USA Petroleums Third Amended Joint Chapter 11 Plan of Reorganization.


Gander Mountain Bankrupt again

Added March 13, 2017

Bankrupt Company News reports that privately held Gander Mountain Company and Overtons filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Minnesota. The Company, operates a retail network of outdoor specialty stores.


Avaya Financing Approved

Added March 13, 2017

According to news reports, the U.S. Bankruptcy Court approved, on a final basis, Avayas financing motion.


Chaparral Energy Bankruptcy Plan Confirmed

Added March 13, 2017

News reports show that the US Bankruptcy Court confirmed Chaparral Energys First Amended Joint Plan of Reorganization.


Ultra Petroleum Bankruptcy Stipulation Filed

Added March 13, 2017

Ultra Petroleum filed with the US Bankruptcy Court a stipulation regarding reserve for disputed Opco funded debt claims and resolution of an objection to the Debtors Second Amended Joint Chapter 11 Plan of Reorganization, as reported by Bankrupt Company News.


Bonanza Creek Energy Bankruptcy Objection Filed

Added March 13, 2017

Reports show that Bonanza Creek Energys ad hoc equity committee filed with the U.S. Bankruptcy Court a redacted objection to the Companys Amended Chapter 11 Plan.


Implant Sciences Bankrutpcy Extension Approved

Added March 13, 2017

News reports show that the U.S. Bankruptcy Court approved Implant Sciences motion to extend by 60 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including May 1, 2017 and June 29, 2017, respectively.


Clear Thinking Group Creditors Rights Leader Announced

Added March 13, 2017

According to media reports, Clear Thinking Group LLC announced that Managing Director Patrick Diercks will lead its Creditors Rights practice group.


Violin Memory Bankruptcy Plan Filed

Added March 13, 2017

Violin Memory filed with the U.S. Bankruptcy Court a Second Amended Chapter 11 Plan of Reorganization and related Disclosure Statement.


Hancock Fabrics Bankruptcy Plan Filed

Added March 13, 2017

Media reports show that Hancock Fabrics filed with the U.S. Bankruptcy Court a First Amended Joint Chapter 11 Plan of Liquidation and related Disclosure Statement.


RadioShack Successor Bankrupt

Added March 13, 2017

According to Bankrupt Company News, Privately held General Wireless Operations (d/b/a RadioShack) and three affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware. The company was formed to purchase and operate certain assets of electronics retailer RS Legacy (p/k/a RadioShack).


WestMountain Gold Chapter 11 Bankruptcy

Added March 13, 2017

WestMountain Gold and subsidiary TerraGold filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Colorado. The Company is an exploration stage miner of mineral properties.


Goldman Stores: Anatomy of a Bankruptcy on the Brink

Added March 13, 2017

According to Credit Risk Monitor, with dropping sales, unsustainable debt levels, and many other financial red flags, Gordmans bankruptcy risk has been extremely high risk for some time.


Lessons from the Latest Oil & Gas Bankruptcy Filing

Added March 13, 2017

Credit Risk Monitor reports that oil prices have bounced back from the lows of 2016, but weaker E&P companies continue to fail.


Cumulus Media refinancing plan rejected by U.S. judge

Added March 6, 2017

Reuters reports that a U.S. judge on Friday rejected Cumulus Medias bid to proceed with a refinancing plan that the second-largest U.S. radio network hoped would help reduce its $2.4 billion debt load, but was opposed by some lenders.


Former SunEdison Executives File Whistleblower Lawsuits

Added March 6, 2017

According to the Wall Street Journal, two former senior executives say were fired in retaliation for sounding the alarm about the companys finances.


Kohls, Macys turn landlords in bid to unlock real estate value

Added March 6, 2017

According to Reuters, department store operators Kohls and Macy are betting on a potential money spinner, carving out prime space within their sprawling stores and leasing them to other retailers.


Fashion house BCBG Max Azria prepares for bankruptcy: sources

Added March 6, 2017

Reuters reports that the fashion house is the latest casualty in the struggling U.S. retail sector, as shoppers abandon malls in favor of internet shopping.


Abandoned Texas oil wells seen as "ticking time bombs" of contamination

Added March 6, 2017

According to the Texas Tribune, Texas is among several states grappling with a surge of abandoned drilling sites and dwindling funds to clean them up.


Former Bow Truss employees suing coffee chain, alleging wage theft

Added March 6, 2017

The suit, which was filed Monday morning in Cook County Circuit Court, alleges the companys incomplete or late payment of regular and overtime wages.


In Puerto Rico, pensions decline pits retirees against lenders

Added March 6, 2017

According to Reuters, Puerto Rico retirees may face bigger cuts than those in past U.S. municipal insolvencies, due in part to an unconventional debt structure that pits pensioners against the very lenders whose money was supposed to sustain them.


RadioShacks Successor Preparing to File for Bankruptcy, Sources Say

Added March 6, 2017

According to Reuters, General Wireless could seek court protection within days.


Proton therapy center files for bankruptcy

Added March 6, 2017

The San Diego Union Tribune reports that San Diegos only proton therapy center is seeking Chapter 11 bankruptcy protection.


Payless Suppliers in the U.S. & China Grow Anxious as Bankruptcy Looms

Added March 6, 2017

According to Footwear News, more agents and manufacturers have alleged unpaid bills and unethical business operations on the part of Payless.


Hard Rock Group Invests $300 Million in Former Trump Casino

Added March 6, 2017

Reuters reports that Hard Rock International said it plans to renovate and reopen the shuttered Trump Taj Mahal casino in Atlantic City, New Jersey.


Answers Corp files for bankruptcy to cut $471 million in debt

Added March 6, 2017

According to Reuters, Answers was acquired by Apax Partners, a European private equity firm, for about $900 million in 2014.


New Ulm Diocese files for bankruptcy

Added March 6, 2017

According to the Mankato Free Press, the diocese is facing 101 lawsuits related to clergy sexual abuse.


Modular Space Holdings Bankruptcy Plan Effective

Added March 6, 2017

Bankrupt Company News reports that Modular Space Holdings Joint Prepackaged Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection.


International Shipholding Bankruptcy Plan Confirmed

Added March 6, 2017

Bankrupt Company News reports that the Plan provides for general unsecured claimholders to receive trust interests and a share of remaining cash; priority claimholders will be paid in full in cash.


Nebraska County Faces Huge Judgment, on the Brink of Bankruptcy

Added February 27, 2017

According to the Denver Post, a small Nebraska county is facing a $30 million judgment it cant possibly pay.


Toshiba Says Not Aware Westinghouse Considering Chapter 11 Filing

Added February 27, 2017

According to Reuters, Toshiba Corp.said that it was not aware that its U.S. nuclear unit Westinghouse was considering filing for chapter 11 protection from creditors.


Competing Priorities Bog Down Efforts to Quickly Roll Back Dodd-Frank

Added February 27, 2017

After weeks of high expectations for a swift Dodd-Frank rollback with a Republican in the White House, the reality of a hard slog is beginning to set in on Capitol Hill, the Wall Street Journal reported.


Hanjin Creditors Fighting Over Who Can Sell Shipping Containers

Added February 27, 2017

Stacks of sky-blue shipping containers, one of the last assets of bankrupt Hanjin Shipping Co., litter ports on both coasts. Now a fight is brewing in U.S. Bankruptcy Court over who can sell them, the Wall Street Journal reported.


Judge Bars Investors from Collecting on $300 Million Clerical Error

Added February 27, 2017

According to MSN.com, a judge has decided against a group of investors who had sought to collect a $300 million windfall because a clerk entered a court order on the wrong date.


Pension Funds Hope to Close the Gap Through Trump Tax Policies

Added February 27, 2017

According to the Wall Street Journal, President Donald Trumps promises to cut corporate taxes and ease companies ability to repatriate overseas cash could help corporate and public pensions close their massive deficits.


Capital One Discloses Probe Into Anti-Money Laundering Program

Added February 27, 2017

The Wall Street Journal reports that Capital One Financial Corp. is under investigation for its anti-money-laundering program.


Analysis: How Nasty Gal Went From an $85 Million Company to Bankruptcy

Added February 27, 2017

According to the Wall Street Journal, once popular online retailer Nasty Gal Inc. is currently negotiating a bankruptcy sale to a rival.


HHGregg Said to Prepare for Bankruptcy as Soon as Next Month

Added February 27, 2017

According to Bloomberg, HHGregg Inc. is preparing to file for bankruptcy as soon as next month as it deals with slumping sales


Puerto Rico Governor Says Years Needed to Fix Island Budget

Added February 27, 2017

Bloomberg reports that Puerto Rico Governor Ricardo Rossello said that the government may need as long as five years to close a more than $7 billion budget shortfall.


Consumer Agency Can Demand Answers About Foreclosed Homes, Judge Rules

Added February 20, 2017

According to the New York Times, a federal judge has now upheld the authority of the CFPB to issue a subpoena in a housing finance investigation.


U.S. Household Debts Climbed in 2016 by Most in a Decade

Added February 20, 2017

The Wall Street Journal reports that household debts climbed by $226 billion to $12.6 trillion in the fourth quarter.


U.S. Court to Rehear Challenge to SEC Judges

Added February 20, 2017

Reuters reports that a U.S. appeals court said yesterday that it would rehear a challenge to the Securities and Exchange Commission's use of in-house judges.


Sunrise Brands Bids for Bankrupt U.S. Retailer The Limited

Added February 20, 2017

According to Reuters, clothing firm Sunrise Brands LLC has bid for the e-commerce business and intellectual property of bankrupt U.S. retailer The Limited, challenging a $26.3 million offer from private equity firm Sycamore Partners.


HHGregg Said to Hire Advisers to Help Cope With Retail Woes

Added February 20, 2017

Bloomberg Markets reports that HHGregg Inc. is turning to investment banks including Miller Buckfire & Co. for help as the electronics and furniture retailer battles weak sales.


Lynn Tiltons Firm Took Millions From Failing Ambulance Operator

Added February 20, 2017

The Wall Street Journal reports that bankruptcy-court reports dont say why TransCare paid Patriarch $2.785 million.


Donations from Supplement Website Drag Wisconsin Church into Bankruptcy Case

Added February 20, 2017

According to the Journal Sentinel, True Life Church, located in Waukesha, Wis., received $756,000 from a supplement website during the four years before it filed for bankruptcy reorganization.


GOP Senators Unveil Bill to Give Congress Control of CFPB Budget

Added February 20, 2017

The Hill reported that more than a dozen Republican senators are backing a bill to give Congress greater control and oversight of the Consumer Financial Protection Bureau (CFPB).


SEC Chief Scales Back Powers of Enforcement Staff

Added February 20, 2017

According to the Wall Street Journal, action revokes subpoena authority from about 20 senior officials, limits it to division director.


ABN Amro Authorized to Subpoena More Transmar Units in Asset Search

Added February 20, 2017

Reuters reports that ABN Amro Capital USA LLC has been granted authority to issue subpoenas to the U.S. and Ecuadorian units of cocoa trading house Transmar Group Ltd.


Sports Authoritys Bankruptcy Is Still Hurting the Industry in 2017

Added February 20, 2017

Footwear News reports that Sports Authoritys impact on the industry remains palpable.


Oil and gas discoveries dry up to lowest total for 60 years

Added February 20, 2017

According to Financial Times, oil and gas companies are putting a brake on exploration and large fields are harder to find


Toshibas Chairman Resigns as Its Nuclear Power Losses Mount

Added February 20, 2017

The New York Times reports that its chairman, Shigenori Shiga, would resign to take responsibility for a $6.3 billion loss.


Bonds Tied to Dying Malls Could Be the Next Big Short

Added February 20, 2017

According to the Wall Street Journal, some see opportunity in securities tied to lower-quality malls during the wave of retail closures.


SandRidge Energy, Inc. Announces New $600 Million Reserve Based Credit Facility

Added February 20, 2017

According to Yahoo.com, the company has entered into a new $600 million reserve based credit facility with a $425 million borrowing base.


Relativity Medias One-Time Partner Pushes for Liquidation of Failing Company

Added February 20, 2017

According to Variety.com, struggling Relativity Media should be forced into a Chapter 7 liquidation, one of the struggling media companys many creditors demanded in a filing with the U.S. Bankruptcy Court.


Fitch Sounds Alarm on Risk Trump Poses to Sovereign Debt

Added February 20, 2017

According to Institutional Investor, the ratings agency warns that diminished predictability of US policy threatens global economic growth.


Energy Future Begins Bankruptcy Exit Hearing with Key Deal

Added February 20, 2017

Reuters reports that the company outlined a deal that resolved the biggest disputes hanging over the company as it opened a trial to confirm its plan to exit bankruptcy and be acquired by NextEra Energy Inc for about $18 billion.


Energy Future Reaches a Settlement with First-Lien Lenders Over Make-Whole Claims

Added February 20, 2017

According to the Wall Street Journal, talks continue with its second-lien lenders.


Gander Mountain preparing to file for bankruptcy this month

Added February 20, 2017

The Grand Forks Herald reports that US hunting and fishing chain Gander Mountain Co is preparing to file for bankruptcy after an aggressive effort to expand its store base failed to pull in new customers.


Wells Fargo Board Likely to Eliminate 2016 Bonuses for Top Executives

Added February 11, 2017

According to the Wall Street Journal, the board discussed in late January withholding bonuses for CEO Timothy Sloan, CFO John Shrewsberry and others.


Financial Warning Signs Mount on Sears

Added February 11, 2017

The Wall Street Journal reports that the cost of insuring the retailers bonds has reached new highs.


Michigan Governor Creates Task Force to Address Pension Reform

Added February 11, 2017

According to Crains Detroit Business, Michigan Gov. Rick Snyder recently announced the formation of the Task Force on Responsible Retirement Reform for Local Government to address unfunded long-term liabilities for retirees and municipalities.


Texas Judge Upholds Retirement-Savings Rule, but Its Fate Remains in Doubt

Added February 11, 2017

According to the Wall Street Journal, the ruling comes as President Trump moves to roll back financial regulations put in place after financial crisis.


Groups Sue Over Trumps Executive Order on Cutting Regulations

Added February 11, 2017

The Natural Resources Defense Council, Public Citizen and the Communications Workers of America announced Wednesday that they filed a lawsuit seeking to block President Donald Trumps executive order requiring two regulations to be rescinded each time a new one is introduced.


Ex-Monarch Mortgage CEO Sentenced to 2 Years in Prison for Bankruptcy Fraud

Added February 11, 2017

The Virginia Pilot reports that the former president of Monarch Mortgage was sentenced yesterday to two years in prison for bankruptcy fraud.


Three Firms Pump Fees From Bankrupt Bahamian Oil Shipper

Added February 11, 2017

According to the American Lawyer, almost three months after securing bondholder support for a prepackaged bankruptcy proceeding, Ultrapetrol Bahamas Ltd., filed for chapter 11 protection on in the bankruptcy court in White Plains, N.Y.


Court Dismisses Appeal by Peabody Creditors

Added February 11, 2017

Reuters reports that a U.S. federal appeals court dismissed an emergency appeal by opponents of Peabody Energy Corps reorganization plan.


Fannie Mae Exec with Ties to Mnuchin Among Potential Candidates for CFPB

Added February 11, 2017

CNBC.com reports that the White House is considering a top official at Fannie Mae to head the Consumer Financial Protection Bureau.


Fitch: Trump Tax Cuts Could Force Another Fannie Mae, Freddie Mac Bailout

Added February 11, 2017

HousingWire.com reports that a new report from Fitch Ratings states that cutting corporate tax rates by as much as indicated by President Trump could lead to Fannie Mae and Freddie Mac needing another bailout from the government.


The Next American Farm Bust Is Upon Us

Added February 11, 2017

According to the Wall Street Journal, the Farm Belt is hurtling toward a milestone: Soon there will be fewer than two million farms in America for the first time since pioneers moved westward after the Louisiana Purchase.


MBIA Swap Holders Rebuffed in Bid to Collect

Added February 11, 2017

According to the Wall Street Journal, investors who bet on bond insurer MBIA Insurance Corp. to default cant collect following the collapse of a Lynn Tilton assembled investment fund that MBIA guaranteed.


New GOP Memo Targets Stress Tests, CFPB in Dodd-Frank Changes

Added February 11, 2017

According to Bloomberg News, House Financial Services Committee Chairman Jeb Hensarling, who outlined his latest effort in a memo to lawmakers this week, would give banks relief from annual stress tests that assess whether they can survive financial meltdowns.


New GOP Memo Targets Stress Tests, CFPB in Dodd-Frank Changes

Added February 11, 2017

According to Bloomberg News, House Financial Services Committee Chairman Jeb Hensarling, who outlined his latest effort in a memo to lawmakers this week, would give banks relief from annual stress tests that assess whether they can survive financial meltdowns.


Ultra Petroleum Seeks $2 Billion in Exit Financing

Added February 11, 2017

The Wall Street Journal reports that Ultra Petroleum Corp. filed a revised restructuring plan that calls for the oil and gas driller to raise $2.4 billion in bankruptcy-exit financing.


Puerto Rico to Pay $1.4 million in General Obligation Debt

Added February 11, 2017

Reuters reports that Puerto Rico Governor Ricardo Rossello said that the U.S. territory would make a $1.4 million interest payment on constitutionally-backed bonds by drawing on clawback money deposited at Banco Popular.


Goodman Networks Incorporated Announces Entry into Restructuring Support Agreement

Added February 6, 2017

Yahoo Finance reports that Goodman Networks and its subsidiaries entered into a restructuring support agreement with holders of the Companys 12.125% Senior Secured Notes due 2018 who hold more than 75% of the outstanding Notes and more than 80% of the Company's equity holders regarding a comprehensive financial restructuring transaction that will result in a stronger balance sheet for the Company.


Distressed-Debt Investors Stake Out Position in Gymboree

Added February 6, 2017

According to the Wall Street Journal, Brigade, Searchlight and Oppenheimer team up to initiate restructuring talks with troubled retailer.


Retailers Chasing Fast Fashion Stumble Under Heavy Buyout Debts

Added February 6, 2017

Bloomberg reports that cash-strapped specialty apparel retailers are slow to respond to new rivals. Also their business models, not just balance sheets, need restructuring.


Tribune Media President and CEO Peter Liguori to Step Down

Added February 6, 2017

The SEC reports that Tribune Media Company announced that Peter Liguori, the companys president and chief executive officer since January 2013, has decided to step down following the companys 2016 fourth quarter and full-year earnings release.


Azure Midstream Partners, LP Voluntary Filing For Relief Under Chapter 11

Added February 6, 2017

PR Newswire reports that Azure Midstream Partners LP has filed Chapter 11 bankruptcy and continues its efforts to manage its debt obligations and conserve its going concern value.


EnPro Industries Reports Further Progress in Asbestos Resolution Proceedings

Added February 6, 2017

According to reports, Coltec subsidiary restructuring has completed as contemplated by the previously filed joint plan of reorganization. The Coltec successor files prepackaged Chapter 11 petition.


Ben Hogan Golf Equipment files for Chapter 11 bankruptcy

Added February 6, 2017

According to the Star Telegram, the Ben Hogan Golf Equipment Co., launched two years ago to try and revive the iconic brands place in the golf club business, filed for Chapter 11 bankruptcy.


Is Payless the Next Sports Authority?

Added February 6, 2017

Footwear News reports that the retailer has fallen months behind on its bills with their respective firms.


Fitbit Cutting 6% of Workforce as Results Miss Estimates

Added February 6, 2017

Bloomberg Technology reports that the fitness tracker has struggled to maintain momentum for the gadget. Shares tumble as much as 13 percent to the lowest price ever.


Trump Transition Brings Good News for Gig Economy Employers, But Dramatic Change May Be Unlikely

Added February 6, 2017

According to Lexology.com, the so-called gig economy model is uniting skilled workers seeking flexibility and quick income with tech-savvy consumers who are increasingly seeking convenience and on-demand service.


Retailers Expected to Suffer Big Spike in Bond Default Rate in 2017

Added February 6, 2017

Wall Street Journal reports that US retailers are expected to suffer big spikes in the bond default Rate in 2017.


Shuttered Companies, Unpaid Bills Test Lynn Tiltons Empire

Added February 6, 2017

The Wall Street Journal reports that thousands are left without jobs and few answers after abrupt closures of companies managed by her Patriarch Partners.


Court Orders Justice Dept. to Release Fannie Mae and Freddie Mac Documents

Added February 6, 2017

According to the New York Times, a federal appeals court ruled that the US government must produce a raft of documents to plaintiffs suing over its decision to seize all the profits of Fannie Mae and Freddie Mac.


Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders

Added February 6, 2017

PR Newswire reports that Tidewater Inc.has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants.


Trustee goes after HDLs charitable contributions

Added February 6, 2017

The Richmond Times Dispatch reports that the now-bankrupt blood-testing firm Health Diagnostic Laboratory enjoyed years from 2008 through 2015 as one of Richmonds fastest-growing companies, it simultaneously earned a reputation for philanthropy.


Madoff victims recovery tops $9.7 billion with new payout

Added February 6, 2017

Reuters reports that Bernard Madoff's victims will soon recoup another $252 million from the trustee unwinding the swindlers firm, boosting their total recovery to $9.72 billion.


Takata Shares Fall Sharply as Specter of Bankruptcy Looms

Added January 29, 2017

According to The Wall Street Journal, Takata may soon file for bankruptcy, facing of a potential multibillion-dollar bill over faulty air bags.


BCBG to Close Stores, Restructure as Online Shift Takes Toll

Added January 29, 2017

Bloomberg News reports that the company plans to focus on e-commerce, in-store boutiques.


Tidal Distracts From Sprints 99 Problems

Added January 29, 2017

Bloomberg reports that the fourth-largest U.S. wireless provider recently agreed to buy 33 percent of Tidal for an undisclosed price.


United States Virgin Islands Risks Capsizing Under Weight Of Debt

Added January 29, 2017

Forbes investigates how far behind is the United States Virgin Islands (USVI) from facing the same sort of financial crisis as Puerto Rico.


Brookfield in Exclusive Talks to Buy SunEdisons TerraForms

Added January 29, 2017

According to Bloomberg News, the deals value TerraForm Power, TerraForm Global at $2.46 billion.


With Guilty Plea, Takata Clears Way for a Likely Global Rescue

Added January 29, 2017

According to The New York Times, three former Takata executives had been charged with fabricating test data to mask a fatal airbag defect.


Neiman Marcus High Yield Bonds, Leveraged Loans Slump Amid Retail Pressure

Added January 29, 2017

According to Forbes, the issuer continues to come under heavy scrutiny amid pressure across the brick-and-mortar retail sector.


True Religion Gives Off Warning Signs Reminiscent of Sports Authority, American Apparel

Added January 29, 2017

The Street reports that the denim company, which was taken private in 2013, faces a high risk of default.


KaloBios Investors Take $1.5M Deal But Still Target Shkreli

Added January 29, 2017

According to Law360, the pharmaceutical company and two executives have agreed to shell out $1.5 million to settle part of a putative securities class action suit.


Foxconn's U.S. Plan Doesnt Add Up

Added January 29, 2017

According to Bloomberg News, Foxconn Technology Group's ideas for U.S. investment are starting to take shape, and the more concrete they become the less logical they appear.


Goodman Networks Incorporated Announces Entry into Restructuring Support Agreement

Added January 29, 2017

According to Yahoo News, the proposed transaction will reduce the Company's long term debt by approximately $212.5 million.


Trump Loves Debt, But It Won't Love Him Back

Added January 29, 2017

According to Bloomberg Gadfly, Trump faces two issues when grappling with the U.S. debt load: an aging population thats becoming sicker and inauspicious bond math.


Tribune Media President and CEO Peter Liguori to Step Down

Added January 29, 2017

The SEC reports tat Peter Liguori will also resign from the companys board of directors. Tribune Medias board of directors will conduct a search working with Korn Ferry to identify a new CEO.


Retailers Chasing Fast Fashion Stumble Under Heavy Buyout Debts

Added January 29, 2017

Bloomberg Pursuits reports that cash-strapped specialty apparel are often slow to respond to new rivals.


Distressed-Debt Investors Stake Out Position in Gymboree

Added January 29, 2017

The Wall Street Journal reports that Brigade, Searchlight and Oppenheimer team up to initiate restructuring talks with the troubled retailer.


Telecommunications company Avaya files for bankruptcy

Added January 23, 2017

According to CNBC, telecommunications company Avaya filed for Chapter 11 bankruptcy to reduce its debt load of about $6.3 billion.


If Wet Seal Files Second Bankruptcy, It Will Likely Be The End

Added January 23, 2017

The Street reports that if Wet Seal files for Chapter 11 again, bankruptcy attorney Jasmin Yang of Snell & Wilmer said its stores likely will not survive.


Takata shares fall for 3rd day as bankruptcy looms

Added January 23, 2017

According to Market Watch, Takata Corp. shares fell sharply for a third straight day as investors rushed to sell ahead of a possible bankruptcy filing for the company.


Womens apparel retailer Limited Stores files for bankruptcy

Added January 23, 2017

The Metro reports that U.S. womens apparel chain The Limited filed for Chapter 11 bankruptcy protection on Tuesday after closing all 250 stores.


Forbes Energy Services files for bankruptcy in Texas

Added January 23, 2017

According to Market Watch, the oilfield services contractor said it has ample liquidity to support its business during the chapter 11 reorganization.


Judge Okays Huge Loan For Avaya After Bankruptcy Filing

Added January 23, 2017

According to Fortune, A U.S. bankruptcy court judge granted Avaya approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations.


Avaya withdraws IPO after bankruptcy filing

Added January 23, 2017

According to Market Watch, Avaya said it is withdrawing the IPO because its principal U.S. operating subsidiary filed for chapter 11 bankruptcy protection. Avaya had filed to go public in June 2011.


Plan takes shape in Erie County Farms bankruptcy

Added January 23, 2017

According to GoErie.com, a number of small creditors will receive something in the Erie County Farms bankruptcy case. A plan developing in U.S. Bankruptcy Court in Erie would set aside as much as $102,000 from the grocer's bankruptcy estate to pay unsecured creditors and unpaid former employees.


Bankruptcy judge shuts door on Peabody shareholders

Added January 23, 2017

A U.S. bankruptcy judge recently denied a request by Peabody Energy shareholders to order the appointment of an official equity committee in the coal companys Chapter 11 restructuring, ending hopes of a recovery for investors, as reported by Kallanish Energy.


Takata Shares Fall Sharply as Specter of Bankruptcy Looms

Added January 23, 2017

The Wall Street Journal reports that Takata may soon file for bankruptcy, facing of a potential multibillion-dollar bill over faulty air bags.


Student Victims Seek to Become Creditors in ITT Bankruptcy

Added January 17, 2017

According to the New York Times, five former ITT students involved in the suit are seeking to establish themselves and other former ITT students as creditors in the companys bankruptcy.


American Apparel bankruptcy deal leaves retail future in doubt

Added January 17, 2017

According to the Chicago Tribune, American Apparel is probably headed toward liquidation after a bankruptcy auction ended with Canadian T-shirt and underwear maker Gildan Activewear buying intellectual property and other assets for $88 million.


Energy Future to poll creditors on bankruptcy exit

Added January 17, 2017

Market Watch reports that a bankruptcy judge authorized creditors to begin voting on Energy Future Holdings Corps chapter 11 exit plan after the Texas power giant flip-flopped on a deal with senior lenders.


Redskins-Themed Restaurant Hail & Hog Files for Chapter 11

Added January 17, 2017

According to the Wall Street Journal, the eatery, which is located 30 miles north of D.C., remains open as payment of build-out costs are resolved.


U.S. coal plant owner Homer City Generation files for bankruptcy

Added January 17, 2017

CNBC reports that Home City Generation expects to continue operations during the Chapter 11 bankruptcy process.


Bankruptcy trustee appears poised to sue former ITT brass

Added January 17, 2017

According to the Indiana Lawyer, ITT Educational Services Incs bankruptcy trustee has launched a no-holds-barred investigation into the defunct companys business practices.


Modular Space Files for Bankruptcy in U.S. and Canada

Added January 17, 2017

According to The Wall Street Journal,a company restructuring will eliminate about $400 million in debt.


Electric Plant Operator Homer City Files for Bankruptcy

Added January 17, 2017

The Wall Street Journal reports that the company expects a fast exit from chapter 11 following a deal with bondholders to erase $600 million in debt.


Hotel bankruptcy prompts city claim for back taxes, rent

Added January 17, 2017

The San Diego Union Tribune reports that San Diego city officials are seeking $481,379 in unpaid hotel taxes and $67,602 in unpaid rent and penalties from the owners of the bankrupt Four Points Sheraton.


Bankruptcy status near end for Diocese

Added January 17, 2017

According to the Manteca Bulletin, the Catholic Diocese of Stockton will come out of its bankruptcy status in the next few weeks after the U.S. Bankruptcy Court for the Eastern District of California approved the consensual plan of reorganization.


Wet Seal Considering Bankruptcy

Added January 16, 2017

Bloomberg News reports that Wet Seal, the mall retailer owned by Versa Capital Management, is considering bankruptcy after struggling to turn around the business.


Caesars unit clears way to exit bankruptcy protection: court hearing

Added January 16, 2017

Reuters reports that Caesars Entertainment Corps main operating unit has cleared the way for the casino operator to exit bankruptcy protection with an agreement that ends the last objection to its reorganization plan.


Maybe Chicago schools should declare bankruptcy and get it over with, says Moodys

Added January 16, 2017

According to Market Watch, local issues in Chicago play out as the Trump administration is expected to push a charter school formula thats had a mixed record.


Farm-to-fork fiasco: Alexander King Farms files for bankruptcy

Added January 16, 2017

Fox 6 Now reports that Alexander King Farms, based in Geneseo, Illinois owed its customers hundreds of thousands of dollars for meat that was never delivered after orders were placed.


Legal and financial advisers feast on bankruptcy fees from the oil patch

Added January 16, 2017

The San Antonio Express News reports that the troubled energy industry has paid $1.4B since its financial bust.


Electric Plant Operator Homer City Files for Bankruptcy

Added January 16, 2017

According to the Wall Street Journal, the company expects a fast exit from chapter 11 following a deal with bondholders to erase $600 million in debt.


Oklahoma hospital files for bankruptcy

Added January 16, 2017

Beckers Hospital Review reports that the public trust that operates Atoka County Medical Center recently filed for Chapter 9 bankruptcy.


Archdiocese abuse victims to vote on bankruptcy plans

Added January 16, 2017

The Minneapolis Star Tribune reports that survivors of clergy abuse will vote for one of two competing compensation plans, or none of the above.


Bibhu Mohapatra Fashion House Files for Bankruptcy

Added January 16, 2017

According to the Wall Street Journal, the New York designer has made clothes for Michelle Obama and Gwyneth Paltrow.


Lithe Method Founder Lauren Boggi Declares Bankruptcy

Added January 16, 2017

Philly Mag reports that Two weeks after closing Lithe Method, Boggi has filed for bankruptcy, claiming less than $50,000 in assets and up to $1 million in debt.


North Philadelphia Health System Files for Bankruptcy

Added January 10, 2017

North Philadelphia Health System filed for bankruptcy protection late last week in Philadelphia, Philly.com reported.


With $150 Million and Counting in Big Law Bills, Caesars Bankruptcy Approaches Finish Line

Added January 10, 2017

The clock is ticking on a lucrative piece of work for lawyers at Jones Day, Kirkland & Ellis and Proskauer Rose as the $18 billion bankruptcy of Caesars Entertainment Corps operating arm approaches a possible end, American Lawyer reported.


Egypt Approves Bankruptcy Law to Spur Investment

Added January 10, 2017

The Egyptian cabinet approved the countrys first bankruptcy law, Justice Minister Hossam Abdelrahim said, part of an economic reform drive aimed at encouraging investment, Reuters reported.


Former Students Fight for a Stake in ITT Educational Services Bankruptcy

Added January 10, 2017

A group of former students at ITT Technical Institutes yesterday filed a lawsuit against the parent company to ensure participation in bankruptcy proceedings, the Washington Post reported.


Samson Resources Close to a Deal But Still Battling Creditors

Added January 10, 2017

According to the Wall Street Journal, the Oklahoma company seeks to stop junior creditors chapter 11 plan, saying it adds unnecessary risk.


CFPB Fines TransUnion, Equifax for Deceit over Credit Scores

Added January 10, 2017

Reuters reports that the Consumer Financial Protection Bureau (CFPB) ordered credit reporting agencies TransUnion and Equifax Inc. to pay more than $23.2 million in fines and restitution for deceiving consumers about the usefulness and cost of credit scores they bought.


Facing Judgment, Texas Union Fights to Stay in Bankruptcy

Added January 10, 2017

According to the Wall Street Journal, Service Employees International Union asks judge to reject janitorial firms bid for liquidation


U.S. Unit of Transmar Group Files for Bankruptcy Protection

Added January 10, 2017

The Wall Street Journal reports that the cocoa trading house partly blames its financial problems on the U.K. vote to exit from the European Union.


Energy Capital Set for Quick Exit with Ramaco Coal IPO

Added January 10, 2017

TheStreet.com reports that the New York private equity firm is planning to possibly sell a stake in the portfolio company.


Outgoing Puerto Rico Governor Calls on Successor for Swift Debt Restructuring

Added January 10, 2017

According to Philstar Global, outgoing Puerto Rico Governor Alejandro García Padilla has asked his successor to demand that a federal control board overseeing government finances work to restructure its nearly $70 billion in debt.


Atlantic City Mayor Urges Icahn to Sell Ex Taj Mahal Casino

Added January 9, 2017

According to CNBC, Atlantic Citys mayor is calling on billionaire investor Carl Icahn to sell the shuttered Trump Taj Mahal casino.


Amazon and Forever 21 Said to Mull Bidding for American Apparel

Added January 9, 2017

Bloomberg News reports that Amazon.com Inc. and Forever 21 Inc. are considering making bids for bankrupt retailer American Apparel Inc.


Bonanza Creek Energy Files Pre-Packaged Chapter 11

Added January 9, 2017

According to the Nasdaq Global News Wire, Bonanza Creek Energy Inc. has filed petitions in U.S. Bankruptcy Court to pursue a pre-packaged reorganization.


Puerto Rico Seeks Proposals for Legal, Financial Advisers

Added January 9, 2017

Reuters reports that Puerto Ricos new governor wasted no time seeking advisers to help the island restructure $70 billion in debt, requesting late on Tuesday that firms submit their qualifications as legal and financial advisers.


Energy Future Cleared to Poll Creditors on Bankruptcy Exit

Added January 9, 2017

According to the Wall Street Journal, a bankruptcy judge authorized creditors to begin voting on Energy Future Holdings Corps chapter 11 exit plan after the Texas power giant flip-flopped on a deal with senior lenders.


Analysis: Trumps Debts Are Widely Held on Wall Street, Creating New Potential Conflicts

Added January 9, 2017

The Wall Street Journal reports that more than 150 financial institutions hold debts connected to president-elect, analysis shows


Bank Regulator Puts Sales Practice Governance on Risk Radar

Added January 9, 2017

Governance over sales practices is now considered a key risk at large and mid-sized banks, the Office of the Comptroller of the Currency (OCC) said in a semi-annual report, the MorningConsult.com reported.


Sears Buys Time with Craftsman Brand Sale, Store Closures

Added January 9, 2017

According to the Wall Street Journal, Struggling retailer Sears Holdings Corp. has bought itself some breathing room through maneuvers that include the sale of its Craftsman brand for $900 million and the closure of 150 additional stores.


Retailers Risk Multibillion-Dollar Earnings Hit Under GOP Tax Plan

Added January 9, 2017

The Wall Street Journal reports that a Republican proposal aimed at cutting tax rates and keeping jobs in the U.S. risks hitting the earnings of big U.S. retailers by driving up the cost of imported clothes, furniture and other goods.


SunEdison Settles Contract Fight to Help Close $150 Million Sale

Added January 9, 2017

Reuters reports that bankrupt renewable energy company SunEdison Inc. has reached a deal with a spinoff company that helps clear the way for a $150 million sale of its solar materials business to a Chinese buyer.


Why Stone Energys Stock Price Rose on Its Bankruptcy News

Added January 4, 2017

Market Realist reports that after filing Chapter 11, Stone Energy will be focusing its efforts on restructuring its balance sheet.


The Limited may be first to file bankruptcy in 2017

Added January 4, 2017

Fashion United reports that American clothing company The Limited may be headed towards financial turmoil soon.


Supreme Court Case Has Bankruptcy World on Edge

Added January 4, 2017

According to the New York Times Deal Book, the Supreme Court recently heard arguments in a case that could upend the common practice that ranks lenders, employees and other creditors in order of priority as they try to recover their money when a company files for bankruptcy.


Another Step Down: Foreclosures Hit Near-Decade Low

Added January 4, 2017

DSNews reports that mortgage servicing professionals are looking at the lowest foreclosure numbers in nearly a decade.


Public interest lawyers sue feds over loan forgiveness program

Added January 4, 2017

The Marketwatch reports that the suit claims the Department of Education has reneged on its promises to forgive debt


Consumer Credit Card Debt Inches Toward $1 Trillion

Added January 4, 2017

CW33 reports that consumers will end the year about $80 billion more in credit card debt than they began the year with.


Gracious Home files for second bankruptcy in six years

Added January 4, 2017

According to the New York Post, Gracious Home, the luxury home-goods chain, is paying its second visit in six years to bankruptcy court.


American Gilsonite Disclosure Statement Approved, Plan Confirmed

Added January 4, 2017

Bankrupt Company News reports that the U.S. Bankruptcy Court approved American Gilsonites (AGC) Disclosure Statement and concurrently confirmed its Joint Prepackaged Chapter 11 Plan of Reorganization.


Samson Resources Bankruptcy Plan Filed

Added January 4, 2017

Samson Resources official committee of unsecured creditors filed with the U.S. Bankruptcy Court a Second Amended Joint Chapter 11 Plan of Reorganization and related Disclosure Statement, as reported by Bankrupt Company News.


Stone Energy Bankruptcy Plan Filed

Added January 4, 2017

BCN reports that Stone Energy filed with the U.S. Bankruptcy Court a Second Amended Joint Prepackaged Plan of Reorganization.


UCI International concludes financial restructuring process, emerges from Chapter 11

Added January 3, 2017

According to Reuters, UCI International - co is now owned by management of Blackrock financial management, Credit Suisse asset management, J.P. Morgan investment management.


Cosi says filed with U.S. bankruptcy court amendments to purchase agreement

Added January 3, 2017

According to Reuters, Cosi filed with US bankruptcy court amendments to its purchase agreement.


Olympics Polish subsidiary files for bankruptcy

Added January 3, 2017

The Baltic Course reports that Casino Polonia Wroclaw sp. z o.o., Polish subsidiary of the listed Estonian gaming group Olympic Entertainment Group (OEG), has filed a bankruptcy petition.


Ruling boosts suit over botched spinal surgeries

Added January 3, 2017

The Albuquerque Journal reports that Chief U.S. Bankruptcy Judge Robert H. Jacobvitz of New Mexico ruled that a national hospital management firm could have spared the unwitting patients from harm.


Shopping struggle: Chain retailers facing pressure from e-commerce

Added January 3, 2017

According to the Dayton Daily News, changes in shopper behaviors and options have led to bankruptcies or brick and mortar closings for retailers.


New Jerseys Open and Closed Casino Cases in 2016, and a Few As Yet To Be Determined Battle Outcomes

Added January 3, 2017

Casino.org reports that Atlantic Citys casino industry began the year with a newfound spirit of optimism.


Wells Fargo fails US bankruptcy test for a second time

Added January 3, 2017

BBC News reports that US bank Wells Fargo has been hit with restrictions after attempts to fix issues with its bankruptcy plan failed.


Raleighs Kamado Grille files for bankruptcy, hopes to revamp concept with new name

Added January 3, 2017

According to the News & Observer, the Kamado Grille, a likely one-of-a-kind restaurant in North Raleigh, has filed for bankruptcy.


Avaya: How an $8 Billion Tech Buyout Went Wrong

Added January 3, 2017

According to the Wall Street Journal, the telephony company bought by TPG and Silver Lake in 2007 is weighing chapter 11 bankruptcy filing.


Energy XXI completes financial restructuring, emerges from Chapter 11

Added January 3, 2017

Reuters reports that Energy XXI Ltd - in accordance with restructuring plan, Energy XXI gulf coast, as successor to Energy XXI, has appointed a new board of directors.


The End Of The Oil And Gas Bankruptcy Wave

Added January 2, 2017

Oilprice.com reports that even as oil prices are rebounding, we are closing out one of the worst years for the oil and gas industry in decades.


MUD taxpayers left on the hook for developer's bankruptcy

Added January 2, 2017

According to the Houston Chronicle, a failed project in northeast Harris County used MUD cash as collateral.


Peabody emerging from bankruptcy

Added January 2, 2017

The Craig Daily Press reports that Peabody Energy, owner of the Twentymile Mine in Routt County, is on course to emerge from bankruptcy.


Yogasmoga Files For Bankruptcy

Added January 2, 2017

According to SGB Media, Yogasmoga, the yoga-themed retail start-up, filed a Chapter 11 bankruptcy petition following a dispute with a major investor.


Student Loan Borrowers Increasingly Turning to Bankruptcy to Alleviate Burden

Added January 2, 2017

According to The Street.com, student loan borrowers are using vague wording in the definition of a student loan to wipe out the debt using bankruptcy.


Hanjin tells bankruptcy court US liabilities far outweigh US assets

Added January 2, 2017

According to JOC.com, Hanjin Shipping missed a US court deadline to reveal its assets and now must explain its failure in a court hearing.


Texas hospital to file for bankruptcy as debt mounts

Added January 2, 2017

Beckers Hospital Review reports that the North Texas Medical Center in Gainesville is taking drastic measures to keep its doors open.


Barwood Taxi Company Files for Bankruptcy

Added January 2, 2017

According to Bethesda magazine, the Company has largest fleet of taxicabs in Montgomery County


Limited Stores Is Said to Plan for Bankruptcy and Possible Liquidation

Added January 2, 2017

Bloomberg Markets reports that the struggling retailer has retained Kirkland & Ellis as its legal adviser.


Dakota Plains Holdings Receives First Bankruptcy Approvals

Added January 2, 2017

The Wall Street Journal reports that SunTrust Bank financing will allow the company to continue operations during its bankruptcy case


Montgomerys largest taxi company Barwood Taxi Service files for Bankruptcy

Added December 26, 2016

According to NBC Washington, Barwood Taxi Service files for bankruptcy.


Modular Space Files for Bankruptcy in U.S. and Canada to eliminate $400M in debt

Added December 26, 2016

The Wall Street Journal reports that a restructuring of the company will eliminate about $400 million in debt.


Puerto Rico Warns of $2 Billion Deficit If Forced to Pay Debts

Added December 26, 2016

According to Bloomberg News, Puerto Rico said it may run out of cash by February if its forced to cover bond payments.


Senate GOP Targeting Bank Failure Fund in Dodd Frank

Added December 26, 2016

According to Bloomberg BNA, the legal process for winding down a failing bank under federal control is in jeopardy.


Caesars Lenders Move to Terminate Restructuring Pact

Added December 26, 2016

Dow Jones Newswires reports that Caesars Entertainment Corp lenders to its bankrupt operating unit have moved to potentially terminate a pact to support the units $18 billion restructuring.


Platinum Co Founder Nordlicht Charged in $1 Billion Fraud

Added December 26, 2016

According to Bloomberg News, six others including Co CIO David Levy are also indicted.


Ukrainian Magnates Energy Group Files for U.S. Bankruptcy Protection

Added December 26, 2016

According to the Wall Street Journal, an energy group owned by Rinat Akhmetov owes about $2.17 billion in debt mostly denominated in U.S. dollars, euros and rubles.


Scout Media Can Use Bankruptcy Loan

Added December 26, 2016

According to The Street, the loan from Multiplier Capital for the network of college basketball and college football websites has been heavily modified after it initially failed to secure court approval.


California Small Business Owner Sentenced to Prison for Bankruptcy Fraud

Added December 26, 2016

According to the Montgomery Advisor, former president and CEO of Southeastern Stud & Components was found guilty of lying to the bankruptcy court about how he paid off a $100K gambling debt.


Chief Justice Roberts Shuts Down Bid to Force Garland Vote

Added December 26, 2016

According to the National Law Journal, Garland is set to appear on a panel at the D.C. Circuit.


Stone Energy Files for Chapter 11 Bankruptcy Protection

Added December 20, 2016

The Wall Street Journal reports that the oil and gas producer negotiated restructuring deal before filing bankruptcy.


Optima Specialty Steel Seeks Bankruptcy Protection

Added December 20, 2016

According to the Wall Street Journal, the steel manufacturer has been grappling with low prices and weak demand.


Auto Part Maker Transtar Files for Bankruptcy With Prepackaged Plan

Added December 20, 2016

Wall Street Journal reports that Transtars plan calls for the senior lenders to swap about $425 million in debt for 100% of the equity in the reorganized company.


Nasty Gal files for bankruptcy

Added December 20, 2016

According to Mashable.com, despite the recent bankruptcy filing, the online retailer wont be shutting down its website in the immediate future.


Erickson (EAC) Announces Receipt of Bankruptcy Court Interim Approval of DIP Financing

Added December 20, 2016

Street Insider reports that the United States Bankruptcy Court for the Northern District of Texas has approved key first day motions related to Ericksons voluntary Chapter 11 restructuring.


ChinaCast files for bankruptcy to pursue embezzlement claims

Added December 20, 2016

According to Reuters, the college e-learning firm is also seeking to shield itself from a class action lawsuit by investors.


Struggling Erickson silent amid reports of debt default

Added December 20, 2016

According to the Oregon Live, Erickson Inc. recently failed to make its quarterly $14 million payment to holders of its $355 million worth of bonds.


Career Point College files for bankruptcy protection

Added December 20, 2016

My San Antonio.com reports that the schools move to file bankruptcy shifts a pair of lawsuits over its abrupt closure.


Basic Energy Services (BAS) Files for Chapter 11 Bankruptcy; Appoints New Chief Restructuring Officer

Added December 20, 2016

According to Street Insider, certain subsidiaries of Basic Energy Services announced that they had also filed voluntary petitions under Chapter 11.


LENSAR Files Chapter 11 Bankruptcy with Support of Senior Secured Lender PDL BioPharma (PDLI)

Added December 20, 2016

Street Insider reports that Lensar seeks to reduce its debt, strengthen its balance sheet and strengthen its platform for future growth.


Stone Energy (SGY) Files Voluntary Petitions Under Chapter 11 of Bankruptcy Code

Added December 20, 2016

According to Street Insider, the company seeks to pursue a pre packaged plan of reorganization


Supreme Court Unanimously Upholds Insider Trading Conviction

Added December 12, 2016

According to MorningConsult.com, the U.S. Supreme Court yesterday ruled unanimously that Bassam Salman, who was convicted of insider trading in 2013, violated the law by trading on confidential information.


Republicans Explore Budget Maneuver to Chip Away at Dodd Frank

Added December 12, 2016

Some Republican senators are looking to put financial deregulation on the fast track next year by using a special legislative procedure to help them dismantle parts of Dodd-Frank, the Wall Street Journal reported recently.


Fed to Meet on Finalizing Major Too Big to Fail Rule Before Obama Leaves

Added December 12, 2016

According to the Washington Examiner, the Federal Reserve announced on Wednesday that it would meet next week to consider finalizing a major rule aimed at ensuring that big banks can fail without requiring bailouts or threatening the financial system.


Commentary: Fitch Signs Off on Chicago School Bonds, but Raises Bankruptcy Specter

Added December 12, 2016

According to Crains Chicago Business, Chicago Public Schools' latest bond issue got a green light from one of Wall Streets rating agencies.


OPEC Deal Raises Hopes But Not Valuations for Troubled Oil Producers

Added December 12, 2016

According to the Wall Street Journal, OPECs deal to cut oil production isnt likely to save investors in troubled U.S. producers from seeing their stakes vanish in chapter 11.


Reverse Mortgage Firms Fined $799,000 over Deceptive Consumer Ads

Added December 12, 2016

USA Today reports that three reverse mortgage companies were collectively fined $790,000 by the Consumer Financial Protection Bureau (CFPB) for using deceptive advertising that claimed consumers could not lose their homes.


Schumer Opposes Effort to Change CFPB Structure

Added December 12, 2016

According to MorningConsult.com, incoming Senate Minority Leader Chuck Schumer is not willing to join Republicans in making changes to the Consumer Financial Protection Bureaus governance structure.


Huizenga: Dodd Frank Replacement Will Reflect Unified GOP Government

Added December 12, 2016

MorningConsult.com reports that House Republicans are retooling their Dodd-Frank overhaul legislation to increase its odds of being enacted, a key House lawmaker said in an interview.


SFX Entertainment Emerges From Bankruptcy with New Name

Added December 12, 2016

The New York Times DealBook reports that SFX Entertainment has emerged from Bankruptcy with a new name.


Sears Holdings Losses Mount as Sales Continue to Slide

Added December 12, 2016

According to the Wall Street Journal, Sears Holdings Corp. reported a $748 million quarterly loss as revenue and gross margins fall.


Bank Regulator Set to Fail Wells Fargo on Community Lending Test

Added December 12, 2016

According to a Reuters report, a U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending in a move that could limit near term expansion for the bank.


Caesars Units Bank Lenders Threaten to End Bankruptcy Deal

Added December 12, 2016

According to Reuters, the bank lenders of Caesars Entertainment Corps operating unit said that they might walk away from a plan to bring the casino unit out of its $18 billion bankruptcy.


Court Confirms Key Energys Bankruptcy Exit Plan

Added December 12, 2016

According to the Wall Street Journal, Key Energy Services Inc., an oil-well servicer, won court approval of its restructuring plan.


California Gas Power Plant La Paloma Files for Chapter 11

Added December 12, 2016

According to Reuters, a natural gas fired power plant in California that earlier this year warned it might need to shut down filed for chapter 11 protection.


Abengoas U.S. Unit, Holdout Creditor Spar over Bankruptcy Plan

Added December 12, 2016

According to Reuters, a U.S. subsidiary of Spanish renewable energy firm Abengoa SA pressed a judge yesterday to approve its plan to exit bankruptcy over objections from a holdout creditor.


Analysis: From Multiple Million-Dollar Brokerage Bonuses, to Bankruptcy

Added December 6, 2016

The Wall Street Journal reports that Credit Suisse Group AG gave up on its wealth management business in the U.S. last year, but it didnt give up on collecting from Wilhelm Nash


Creditors Try to Force Scout Media Into Bankruptcy

Added December 6, 2016

According to The Wall Street Journal, Scout Media Incs creditors say the online sports publisher isnt paying its bills and are trying to force the business, once owned by Fox Sports, into bankruptcy.


Texas Hospital Leaders Face Bribery Charges

Added December 6, 2016

The Wall Street Journal reports that leaders of the Dallas Forest Park Medical Center face criminal charges after federal prosecutors said they paid roughly $40 million worth of bribes


Vowing to Squeeze Businesses, Trump Has Tactics Challenged

Added December 6, 2016

According to the New York Times, President elect Donald Trump took to Twitter yesterday warning of retribution for other companies contemplating moving production abroad


Peabody Wants to Repay Term Loan Early Thanks to Improving Coal Prices

Added December 6, 2016

According to Reuters, U.S. coal producer Peabody Energy Corp. said it would seek court approval to repay a $500 million term loan ahead of schedule


Peabody Wants to Repay Term Loan Early Thanks to Improving Coal Prices

Added December 6, 2016

According to Reuters, U.S. coal producer Peabody Energy Corp. said it would seek court approval to repay a $500 million term loan ahead of schedule


Peabody Wants to Repay Term Loan Early Thanks to Improving Coal Prices

Added December 6, 2016

According to Reuters, U.S. coal producer Peabody Energy Corp. said it would seek court approval to repay a $500 million term loan ahead of schedule


Wilbur Ross Expected to Be Named Commerce Secretary by Donald Trump

Added December 6, 2016

The Wall Street Journal reports that President elect Donald Trump is expected to select Wilbur Ross Jr. to head the Commerce Department


Puerto Ricos Top Creditors Flex Muscles in Bond Fight

Added December 6, 2016

The Wall Street Journal reports that Puerto Ricos largest mutual fund bondholders have broken their silence in an ongoing $30 billion creditor standoff


U.S. Treasury Presses on with Rule Opposing Serial Tax Inversions

Added December 6, 2016

According to Reuters, despite Republican plans to scale back federal regulation next year, the U.S. Treasury is moving to finalize a controversial rule intended to make it harder for American companies to avoid U.S. taxes by relocating their headquarters abroad


Hampshire Group Commences Voluntary Chapter 11 Proceedings

Added December 6, 2016

According to Business Wire, Hampshire Group, Ltd., announced that the company and two of its U.S. subsidiaries have filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court in Wilmington


CFPB Warns Banks About Risks of Sales Incentives

Added December 6, 2016

According to the Wall Street Journal, the Consumer Financial Protection Bureau yesterday warned banks about creating incentives tied to sales goals


Nortel Takes Another Step Toward Wrapping Up Bankruptcy Case

Added December 5, 2016

U.S., Canadian judges approve materials explaining telecommunication firms creditor-repayment plan


U.S. Trustee Says Abengoa Units Reorganization Violates Law

Added December 5, 2016

Reuters reports that a Chapter 11 bankruptcy exit plan by Abengoa SAs main U.S. subsidiary, Abeinsa Holding Inc, violates the law by shielding the Spanish renewable energy parent from lawsuits, according to the U.S. government's bankruptcy watchdog.


House Passes Bill to Rework Systemically Important Designations

Added December 5, 2016

According to MorningConsult.com, the House recently passed a measure that would revise the standards used to designate bank holding companies systemically important.


Donald Trump Warns of Penalties If U.S. Firms Take Jobs Abroad

Added December 5, 2016

The Wall Street Journal reports that the President elect talks of consequences for leaving the U.S., moving jobs overseas


Senators to Wall Street Top Cop: Dont Rush Rules Before Trump

Added December 5, 2016

Bloomberg reports that key senators recentlyb sent a letter to Securities and Exchange Commission chair Mary Jo White, urging her to freeze any unfinished rules related to the Dodd-Frank Act until president elect Donald Trump takes office next year


As auto lending rises, so do delinquencies

Added December 5, 2016

According to the New York Times, regulators are airing significant concern about the millions of Americans who are falling behind on their car loans, even as auto lending continues to boom at a near record pace.


New Jersey Averts Atlantic City Bond Default as Revival Plotted

Added December 5, 2016

By the end of today, Atlantic City will use $2.3 million to cover payments due on its bonds, saving investors from the toll of the seaside casino towns financial collapse.


Twin Cities Archdioceses Bankruptcy Costs Approach $12 Million

Added December 5, 2016

According to MPR News, a federal judge will consider millions of dollars more in payments to attorneys and other professionals working on the bankruptcy of the Archdiocese of St. Paul and Minneapolis.


Logans Roadhouse Restaurants Emerge from Bankruptcy

Added December 5, 2016

According to Businesswire, Logans Roadhouse, Inc., a leading casual dining steakhouse chain, today announced its emergence from chapter 11 under its Plan of Reorganization.


U.S. to Forgive at Least $108 Billion in Student Debt in Coming Years

Added December 5, 2016

According to the Wall Street Journal, a GAO report offers first full cost estimate of debt relief programs, berates Education Department over accounting methods


Chapter 22 Looms Over Some U.S. Oil and Gas Bankruptcy Survivors

Added November 28, 2016

According to a Reuters analysis, more than 200 energy companies have filed for creditor protection since the beginning of 2015, according to Haynes and Boone LLP. Of those with initial debt loads of at least $450 million, nearly 20 have exited bankruptcy. Those left with large debt compared to their estimated future earnings may be at risk for a chapter 22 scenario.


Energy Borrowers Face Tougher Lenders Despite Crude RunUp

Added November 28, 2016

U.S. energy companies that have been riding this years run-up in oil prices may want to look toward the horizon where a mountain of expiring debt is looming, Bloomberg News reported


Fed Braces for Trump Administration ShakeUp

Added November 28, 2016

The Federal Reserve could be in for a bumpy ride as resurgent Republicans led by Presidentelect Donald Trump look to make a big mark on the central bank, The Hill reported.


How to kill the Volker rule? Dont enforce it

Added November 28, 2016

Big banks spent years railing against the so called Volcker rule, which bars them from making wagers with their own money. Now, with the imminent arrival of the Trump administration, some banks and lawyers are eyeing a new way to defang the rule: Simply stop enforcing it, the Wall Street Journal reported.


Peabody Debt Dispute Fizzles as Coal Prices Rise

Added November 28, 2016

U.S. coal producer Peabody Energy Corp. said that it is closer to exiting bankruptcy, with a debt dispute between creditors fizzling as a recent increase in coal prices boosts their chances for recovery, Reuters reported


Caribbean Commercial Investment Bank Seeks U.S. Bankruptcy Protection

Added November 28, 2016

More wreckage from Anguillas offshore banking troubles has washed up in a U.S. bankruptcy court, with the filing of a chapter 11 proceeding for Caribbean Commercial Investment Bank Ltd., the Wall Street Journal reported


Hanjin: No US Assets to Compensate Shippers

Added November 28, 2016

A Hanjin Shipping attorney told a federal court last Tuesday that it has virtually no assets in the U.S. to compensate several retailers, logistics providers, insurance companies and other claimants who fear the loss of claim rights if the court recognizes the carriersâ South Korean bankruptcy case, the JOC.com reported


Jewelry Chain Charming Charlie Explores Debt Restructuring

Added November 28, 2016

U.S. fashion jewelry and accessories budget retailer Charming Charlie LLC is seeking to hire a financial adviser to help find relief from its debt burden, Reuters reported


Judge Suspends Rule Expanding Overtime for Millions of Workers

Added November 28, 2016

A federal judge in Texas issued a nationwide injunction against an Obama administration regulation expanding by millions the number of workers who would be eligible for time and a half overtime pay, the New York Times reported


Bamboozled: How Catholic hospitals get away with letting pensions go broke

Added November 28, 2016

The sponsors of pension funds run by Catholic hospitals have taken advantage of an IRS rule, which, in effect, gives zero protection to retirees if the pension goes bust, reported the NJ.com.


Bankruptcy court tells Scuttles Island project it must answer creditors suit

Added November 22, 2016

The Augusta Chronicle reports that Cedar Rock Holdings, LLC, the company behind Scuttles Island got a reminder from U.S. Bankruptcy Court that it must file an answer to a lawsuit by its creditors or risk losing its case by judges decree.


Wal-Mart, other retailers fight for right to seek Hanjin claims

Added November 22, 2016

JOC.com reports that a cargo insurance company and several logistics companies also filed claims against Hanjin Shipping.


In Pursuit of a 10,000% Return

Added November 22, 2016

Bloomberg reports that betting on lawsuits has growing appeal and noteworthy backers, as a case against Volkswagen over its emissions scandal reveals.


Transtar files for Chapter 11 with plan to swap debt for equity

Added November 22, 2016

Reuters reports that Transtar Holding Co recently filed for bankruptcy, with a plan to hand itself to its lenders after running into a revenue and earnings slump that triggered defaults.


Hearing set in Innovative Objects bankruptcy filing

Added November 22, 2016

According to the Joplin Globe, a hearing has been scheduled in the bankruptcy case of Joplin technology company Innovative Objects.


Trustee of Dahls Foods Bankruptcy Case Suing Former Employees for their Retirement Funds

Added November 22, 2016

WHOTV reports that the Metro grocery chain Dahls Foods went bankrupt in 2014. Now the bankruptcy trustee is suing the board of directors who watched over employees retirement funds, and retirees themselves.


Will mediation bring San Bernardino bankruptcy case closer to an end?

Added November 22, 2016

The Press Enterprise reports that US Bankruptcy Judge Meredith Jury on Tuesday ordered city officials into mediation with one of the few creditors still challenging the citys bankruptcy plan


Republic Airways plans to emerge from bankruptcy next quarter

Added November 22, 2016

Indianapolis based Republic Airways Holdings Inc. says it expects to emerge from bankruptcy during the first quarter of 2017, reports the Indianapolis Business Journal.


Is Tesla Motors Inc and SolarCity Corp a Bankruptcy in the Making?

Added November 22, 2016

Investor Place reports that at least one analyst sees TSLA SCTY ending in complete disaster


Key Energy Services Bankruptcy Plan Supplement Filed

Added November 22, 2016

Bankrupt Company News reports that Key Energy Services filed with the U.S. Bankruptcy Court a Supplement to its Joint Prepackaged Plan of Reorganization.


Transtar Group files for bankruptcy

Added November 22, 2016

Reuters reports that Transtar Group files for chapter 11 bankruptcy protection in Manhattan court.


Auto parts maker Transtar Holding Co. files for Chapter 11 bankruptcy protection

Added November 22, 2016

Crains Cleveland reports that Transtar Holding Co. of Walton Hills has filed for bankruptcy protection and entered into an agreement to restructure its balance sheet to reduce long-term debt and improve liquidity


Brussels considers Chapter 11 style bankruptcy regime

Added November 22, 2016

According to Financial Times, the commission plans to reform insolvency measures that claim 200,000 businesses a year.


SunEdison files for bankruptcy

Added November 22, 2016

The Steuben Courier reports that SunEdison, a global renewable energy development company, that operates and maintains over 100 turbine windmills in Cohocton recently filed bankruptcy.


Dallas Stares Down a Texas-Size Threat of Bankruptcy

Added November 22, 2016

According to the New York Times, Michael S. Rawlings, the mayor of Dallas, said that his city appeared to be walking into the fan blades of municipal bankruptcy.


Caesars bankruptcy heads to showdown with U.S. watchdog

Added November 22, 2016

The U.S. governments bankruptcy watchdog objected on Monday to a Caesars Entertainment Corp subsidiarys proposal to exit Chapter 11, threatening to derail a largely consensual plan to slash $10 billion of debt, as reported by Reuters.


American Apparel topples into bankruptcy again

Added November 14, 2016

USA Today reports that American Apparel LLC plans to file its second bankruptcy in just over a year. The company is reportedly weighed down by intense competitive pressures facing U.S. teen retailers.


Helicopter Operator Erickson Files for Bankruptcy

Added November 14, 2016

The Wall Street Journal reports that hellicopter operator Erickson has recently filed for bankruptcy. The company blames oil and gas companies that cut back on drilling operations during energy prices slump.


Takata mulls bankruptcy for U.S. unit, filing will take time

Added November 14, 2016

Reuters reports that Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators.


Higher freight rates seen on US imports from Asia

Added November 14, 2016

Just Style reports that the bankruptcy of Hanjin Shipping Co. has exposed weaknesses in the global shipping industry.


Mystery silence at Erickson Inc. ends with bankruptcy filing

Added November 14, 2016

Portland aviation company Erickson Inc., unable to handle the giant load of debt piled on it by its private equity owner, filed Chapter 11 bankruptcy, reported Oregon Live recently.


Tidewater bankruptcy warnings continue amid growing losses

Added November 14, 2016

According to NOLA.com, Tidewater Inc., the New Orleans-based oil and gas workboat operator, continued to warn investors this week it could land in bankruptcy court if it fails to work out a deal with lenders to restructure its debt.


Bombardier on brink of bankruptcy in 2015, CEO reveals

Added November 14, 2016

According to The Globe and Mail, Bombardier Inc. was flirting with bankruptcy protection last year as it struggled with a cash crunch and high cost structure, chief executive officer Alain Bellemare has revealed.


Parent of Boulders Neptune Mountaineering files for bankruptcy

Added November 14, 2016

The Daily Camera reports that Austin, Texas-based Backwoods Retail filed for Chapter 11 in Fort Worth, which will allow the company to reorganize and keep its 10 retail locations in business.


Commercial Metal nears end of bankruptcy situation

Added November 14, 2016

According to Vindy.com, Commercial Metal Forming has nearly made it through its parent companys bankruptcy.


Online retailer Nasty Gal files for bankruptcy

Added November 14, 2016

According to Smart Start-Up, US-based online retailer Nasty Gal files for bankruptcy hours after founders talk on business success in Melbourne.


Potential Bidders for Takata May Balk at GM Bankruptcy Precedent

Added November 7, 2016

Reuters reports that potential bidders are poring over a recent U.S. court ruling that could expose a buyer to liability for the companys defective air bags.


Leading governor candidate in Puerto Rico wants US statehood

Added November 7, 2016

US News reports that Ricardo Rossello is a passionate advocate for making Puerto Rico the 51st U.S. state. He also appears poised to become the next governor of the territory.


U.S. Judge Certifies Class Action Against NovaStar Banks

Added November 7, 2016

According to Reuters, a federal judge said that investors seeking to hold banks liable for helping underwrite more than $7.7 billion of mortgage backed securities from the now bankrupt subprime lender NovaStar Mortgage Inc may pursue their claims as a group.


Madoff Victims to Recoup $32.1 Million in Cohmad Settlement

Added November 7, 2016

Reuters reports that victims of Bernard Madoffs Ponzi scheme will receive another $32.1 million under a new settlement over the swindler's ties to Cohmad Securities Corp, whose clients invested more than $1 billion with him.


Port Sets Plan to Return Stranded Hanjin Shipping Containers to Asia

Added November 7, 2016

The Wall Street Journal reports that the Port of Long Beach will work with a cargo terminal operator to clear thousands of empty boxes that have clogged operations at the gateway.


Wall Street Bonuses Expected to Sink for Third Straight Year

Added November 7, 2016

The New York Times reports that Wall Street bonuses are expected to decline for the third consecutive year, reflecting a period of busted mergers, limited trading activity and muted hedge fund returns.


Bankrupt Coal Producer Peabody Wants to Hire Lazard Freres for Foreign M&As

Added November 7, 2016

Reuters reports that Peabody Energy Corp is seeking permission for Lazard Freres & Co LLC to provide merger and acquisition services for its foreign unit.


Caesars Unit Raising $3.8 billion Cash to Exit Bankruptcy

Added November 7, 2016

Reuters reports that Caesars Entertainment Corps main casino operating unit has begun a process to raise up to $3.8 billion of cash needed to exit a contentious two-year bankruptcy.


PureChoice Founder Bryan Reichel Found Guilty of Fraud

Added November 7, 2016

The Minneapolis Star Tribune reports that after deliberating for two days, a jury in St. Paul found former entrepreneur Bryan Reichel guilty Thursday on 11 counts of fraud.


Nortel Networks, Pension Group Battle over $7.3 Billion in Assets

Added November 7, 2016

The Star reports that a nearly eight year legal battle over how to divide what remains of Nortel Networks Corp. has ended in a deal that will put a stop to legal fees eating away at the remaining $7.3 billion (U.S.) pot and bring former employees and pensioners one step closer to being paid out.


That Again? American Apparel Is Reportedly About to Return to Bankruptcy

Added October 28, 2016

According to Fortune.com, the clothing maker is preparing its second bankruptcy filing in less than two years.


Hobbled by bankruptcy, Key Energy promises to pay employees and vendors

Added October 28, 2016

Fuelfix.com reports that Key Energy Services has promised to pay employees, vendors and some creditors in full as it works through bankruptcy.


Trump Hotel Toronto Nears Auction After Default by Developer

Added October 28, 2016

According to Bloomberg News, JCF Capital ULC recently bought the construction loan on the 65 story hotel and condominium building, and claims developer Talon International Inc. and related companies defaulted on making payments since last year.


Analysis Used Cars Slip Past Recall Safeguards, Putting Drivers in Danger

Added October 28, 2016

According to an analysis by the New York Times, too many used car owners inadvertently forget to adhere to recall safeguards, putting drivers in serious danger.


SEC Considers Rule Targeting Shadow Banks

Added October 28, 2016

According to Bloomberg, shadow banking deals prompt the Securities and Exchange Commission to cap broker leverage


Offenbachers Going Out of Business After Filing for Chapter 11

Added October 28, 2016

According to the Baltimore Sun, Offenbachers, an outdoor furniture and recreation products retailer, is going out of business after a federal bankruptcy judge in Baltimore recently approved the liquidation.


U.S. Judge Abengoa Units Must Turn over Documents to Creditors

Added October 28, 2016

Reuters reports that a U.S. judge recently ordered the bankrupt U.S. subsidiaries of renewable energy company Abengoa SA to disclose their dealings with their Spanish parent, which was accused of draining cash from the U.S. units.


Bankruptcy Judge Ruling a Blow to Revel Owner

Added October 28, 2016

According to the Philadelphia Business Journal, a bankruptcy judge made a ruling that could impact both owner and Florida developer Glenn Straub as well as one of its tenants.


First NBC Banks Troubles Mount

Added October 28, 2016

The Wall Street Journal reports that an investor betting against the banks stock says it should consider a pre-packaged bankruptcy


TARP Official to Congress Require CEOs to Confirm No Wrongdoing at Their Firms

Added October 28, 2016

According to the Wall Street Journal, the request was spurred by prosecutors struggles to pin blame on senior executives for alleged corporate misconduct


Wall Street Banks to Face On Site Reviews of Sales Practices

Added October 27, 2016

Bloomberg reports that regulators want to ensure that the Wells Fargo scandal is not repeated


Wells Fargo CEO Lays Out Post Scandal Overhauls

Added October 27, 2016

According to Morning Consult, Wells Fargo & Co. Chief Executive Tim Sloan recently outlined his vision to repair the banks brand and customer relationships.


Toyota Recalls 5.8 Million Vehicles with Faulty Takata Air Bags

Added October 27, 2016

BBC News reports that Toyota is recalling another 5.8 million cars worldwide over potentially faulty air bags made by supplier Takata.


Oil Companies Reach Debt Restructuring Deals

Added October 27, 2016

The Wall Street Journal reports that prepackaged bankruptcies tend to allow for a streamlined chapter 11 case.


TelexFree Founder James Merrill Pleads Guilty to Fraud Charges

Added October 27, 2016

Mr. Merrill reached a deal with prosecutors that will limit his sentence to no more than 10 years in prison, as reported by the Wall Street Journal.


Midstates Petroleum Emerges From Bankruptcy

Added October 27, 2016

According to NASDAQ, Midstates Petroleum Company, Inc. recently announced that it has emerged from Chapter 11 bankruptcy protection, after satisfying all of the conditions precedent to the effectiveness of its Plan of Reorganization.


Credit Card Scammers Flock to Online Shopping

Added October 27, 2016

The Wall Street Journal reports that the use of stolen card data on the Internet has risen because reportedly people feel that there is no one standing there to authenticate the purchaser.


FS ISAC Establishes Big Bank Group to Tackle Systemic Risk

Added October 27, 2016

According to American Banker, the Financial Services Information Sharing and Analysis Center has created the Financial Systemic Analysis & Resilience Center a unit formed by the eight largest U.S. banks to coordinate research on systemic risk to the financial system.


CFTC Regulator Says Open to Narrowing Automatic Trading Rule

Added October 27, 2016

Reuters reports that Timothy Massad, the chair of the Commodities and Futures Trading Commission, on Monday said he was willing to narrow a proposal that would govern automated trading.


U.S. Trustee Raises Concern over Caesars Creditor Deal

Added October 27, 2016

A lawyer for the U.S. governments bankruptcy watchdog recently raised concerns in court over Caesars Entertainment Corps $5 billion creditor deal to push its main unit out of Chapter 11, as reported by Reuters.com.


Liquidators Seeks Chapter 15 for Platinum Partners Hedge Funds

Added October 24, 2016

Reuters reports that Two Platinum Partners hedge funds have sought chapter 15 protection as part of an ongoing liquidation effort.


HUD Watchdog: Servicer Foreclosure Delays Cost FHA $2.23 Billion

Added October 24, 2016

According to Housingwire.com, mortgage servicers delays in foreclosing on properties and subsequent delays in the conveyance of those properties to the Federal Housing Administration may have cost the FHA as much as $2.23 billion in unnecessary payouts.


U.S. Says Ernst & Young to Pay $11.8 million to Settle Audit Charges

Added October 24, 2016

According to Reuters, Ernst & Young will pay $11.8 million to settle charges over failed audits of oil services company Weatherford International Plc.


California Attorney General Investigating Wells Fargo on Allegations of Criminal Identity Theft

Added October 24, 2016

The LA Times reports that the California Department of Justice is investigating Wells Fargo & Co. on allegations of criminal identity theft over its creation of millions of unauthorized accounts, according to a search warrant sent to the banks San Francisco headquarters.


Paul Volcker: Breaking Up Big Banks Wouldnt Help

Added October 24, 2016

The Wall Street Journal reports that former Fed chairman also sees little need at this point to designate asset managers as systemically important.


Abengoa Unit Wins U.S. Court Approval to Join Restructuring Plan

Added October 24, 2016

Reuters reports that a leading bankrupt subsidiary of Abengoa SA won U.S. court approval on Wednesday to join a $10 billion debt-restructuring agreement in Spain.


Student Loan Programs Fail Those Who Need Them Most, Consumer Watchdog Charges

Added October 24, 2016

According to Bloomberg, a federal program meant to help the most distressed Americans struggling with their student loans all too often fails them, according to a top official at the Consumer Financial Protection Bureau.


Blavatnik Faces Creditors in Trial over Lyondell Bankruptcy

Added October 24, 2016

Bloomberg reports that almost a decade after the ill-fated deal that created chemical giant LyondellBasell Industries NV, creditors headed to court to try to recover billions of dollars that they say Len Blavatnik extracted before the company went bankrupt.


California Finds Wells Fargo Absence Doesnt Dent Demand

Added October 24, 2016

According to Bloomberg, California Treasurer John Chiangs decision to ban Wells Fargo & Co. from underwriting state debt isnt interfering with demand for the securities of the municipal markets biggest issuer.


Labor Board Challenges Secrecy in Wall Street Contracts

Added October 24, 2016

The New York Times reports that the nations labor board has challenged some provisions in the contracts that Bridgewater Associates, the worlds biggest hedge fund firm, requires each full-time employee to sign.


Toshibas S.Korea unit to commence bankruptcy proceeding

Added October 17, 2016

Reuters reports that S.Korea unit Toshiba Samsung Storage Technology Korea Corporation was ordered by S.Korea's court to commence bankruptcy proceeding.


Arch Coal Exits Bankruptcy - An Analysis

Added October 17, 2016

Seeking Alpha provides an analysis of Arch Coals exit from bankruptcy.


Implant Sciences files for bankruptcy

Added October 17, 2016

Reuters reports that Implant Sciences files for bankruptcy.


TutoringZone owners cannot file for bankruptcy, judge says

Added October 17, 2016

The Independent Florida Alligator reports that a judge is preventing TutoringZone owners from filing bankruptcy.


Can bankruptcy laws save higher education?

Added October 17, 2016

Education Dive explores whether US bankruptcy laws can save higher education in America.


Unclear bankruptcy laws may add hurdles for nonprofits

Added October 17, 2016

AZ Big Media reports that nonprofit bankruptcy laws have room for improvement.


Under Armour upgraded as Sports Authority bankruptcy threat fades

Added October 17, 2016

Market Watch reports that Under Armour Inc. was upgraded to outperform from market perform at Wells Fargo, as concerns about the impact of the Sports Authority bankruptcy fades.


Former Monarch Mortgage CEO pleads guilty to hiding bankruptcy assets

Added October 17, 2016

The Daily Press reports that former Monarch Mortgage CEO, Edward O. Yoder, pleads guilty to hiding bankruptcy assets.


Bankruptcy courts decision leaves ownership of Troy Mills in limbo

Added October 17, 2016

The Sentinel Source reports that the legal ownership of Troy Mills is in the hands of the bankruptcy courts.


135 Energy Companies are Near Bankruptcy

Added October 17, 2016

Investopedia reports that approximately 135 US energy companies are close to filing bankruptcy.


Luxury timeshare firm files bankruptcy

Added October 17, 2016

The Business Den reports that luxury timeshare firm, Quintess, filed for bankruptcy with $13M in debts.


Port of Oakland has Hanjin shipping containers stacked five high

Added October 17, 2016

The San Francisco Business Times reports that the Port of Oakland has a backlog of Hanjin shipping containers.


Bankruptcy Rebound? Oil, Gas Companies Bounce Back from Chapter 11

Added October 17, 2016

Rigzone reports that many US gas companies are thriving since filing Chapter 11 bankruptcy.


Duroc unit files bankruptcy petition

Added October 17, 2016

Reuters reports that Durocs subsidiary, Svartöns Specialstål AB, is to file a bankruptcy petition.


Texas hospital explores bankruptcy

Added October 17, 2016

Beckers Hospital Review reports that Gulf Coast Medical Center in Wharton, Texas, is in the process of filing for Chapter 11 bankruptcy.


Special steelmaker files for bankruptcy

Added October 17, 2016

China Daily reports that Dongbei Special Steel Group Co Ltd recently started bankruptcy proceedings.


Last Wyoming coal company in bankruptcy seeks extension on exit

Added October 17, 2016

According to the Casper Star Tribune, Peabody Energy seeks an extension on its exit from bankruptcy.


Remote monitoring company Sotera Wireless files for bankruptcy

Added October 17, 2016

According to Mobile Health News, Sotera Wireless has filed for Chapter 11 bankruptcy.


ITT Techs bankruptcy trustee fends off SEC, CFPB

Added October 17, 2016

Market Watch reports that ITT Tech trustee Deborah Caruso, wants the CFPB sidelined by court order.


Brazils telecom watchdog raises fine value in Ois bankruptcy

Added October 17, 2016

Reuters reports that Anatel has raised the fine value in Ois bankruptcy


How Detroits turnaround began long before bankruptcy

Added October 17, 2016

The Detroit Free Press explores how the City of Detroit has begun to turnaround, in light of its recent bankruptcy filing.


Broomfields Quintess files bankruptcy, owes $121M to members

Added October 17, 2016

BizWest reports that Quintess owes approximately $121M to the members of its luxury travel destination club.


Centuries-old Spanish tapestry factory saved from bankruptcy

Added October 17, 2016

Reuters reports that the Royal Tapestry Factory in Spain has come back from the brink of bankruptcy after an injection of public money.


Goodrich Petroleum announces emergence from bankruptcy

Added October 17, 2016

Reuters reports that Goodrich Petroleum announces emergence from chapter 11 bankruptcy.


San Bernardino reaches momentous bankruptcy hearing

Added October 17, 2016

The San Bernardino Sun reports that the city of San Bernardino entered the final stage of its bankruptcy case.


Hanjin Bankruptcy Hits West Coast Ports

Added October 17, 2016

The Wall Street Journal reports that import volumes sank at the ports of Long Beach and Oakland in September.


Are Post-Bankruptcy Oil And Gas Stocks Huge Buys?

Added October 17, 2016

Forbes explores whether post-bankruptcy oil and gas stocks are huge buys.


Cosi moves into bankruptcy process

Added October 17, 2016

According to Fast Casual, Cosi has entered into a non-binding term sheet with its lenders, AB Opportunity Fund LLC, AB Value Partners, L.P., and Milfam II L.P.


Houston energy co. emerges from bankruptcy, names new directors

Added October 17, 2016

Houston Business Journal reports that Goodrich Petroleum Corp. has emerged from bankruptcy and names a new board of directors.


Takata Shares Plunge on Report Company Is Considering U.S. Bankruptcy

Added October 17, 2016

Fortune Magazine reports that shares of Takata fell sharply after its was widely reported that the Japanese air bag maker was considering a U.S. bankruptcy filing.


U.S. bankruptcy judge approves Breitburn stakeholders committee

Added October 17, 2016

Reuters reports that a U.S. bankruptcy judge has approved the Breitburn stakeholders committee.


Takata tumbles after report company weighs U.S. bankruptcy filing

Added October 12, 2016

Reuters reports that shares of Takata Corp fell sharply after it was reported that the troubled Japanese air bag maker is weighing a U.S. bankruptcy filing


Are Post-Bankruptcy Oil And Gas Stocks Huge Buys?

Added October 12, 2016

Forbes investigates whether post-bankruptcy oil and gas Stocks are huge buys.


CAI International, Inc. Announces Impact of Hanjin Bankruptcy Read more: http://www.nasdaq.com/press-release/cai-international-inc-announces-impact-of-hanjin-bankruptcy-20160909-00156#ixzz4Ms3OM52k

Added October 12, 2016

Nasdaq reports that CAI International, Inc. announces the impact of the Hanjin bankruptcy filing.


Positive Economic Signs Cant Cut Through Brexit Fog, Says BOEs Cunliffe

Added October 12, 2016

Nasdaq reports that Jon Cunliffe, deputy governor for financial stability, said the BOE still expects uncertainty around the UKs future economic ties to the European Union


Grocers Make New Push Into Online Market

Added October 12, 2016

Nasdaq reports on the number of grocers who are entering the online marketplace.


Luxury timeshare firm files bankruptcy; $13M in debts

Added October 12, 2016

The Business Den reports that Quintess, a luxury timeshare firm, files Chapter 11 bankruptcy.


Gawker Looking Into Lawsuit Against Peter Thiel

Added October 12, 2016

According to the Hollywood Reporter, Gawker is seeking a lawsuit against Peter Thiel.


San Bernardinos fiscal comeback impressive, but a long way to go

Added October 12, 2016

The San Bernardino Sun investigates the citys fiscal comeback.


Debt Crushing US Businesses, Bankruptcies Soar

Added October 12, 2016

According to Live Trading News, mounting debt is destroying US businesses and bankruptcy filings are on the rise.


Oi Bondholders in Talks With Billionaire Sawiris for New Plan

Added October 12, 2016

Bloomberg News reports that Sawiris says hes confident in the outlook for Brazilian economy


GM Asks Judge to Toss Bankrupt Suppliers Lawsuit

Added October 12, 2016

The Wall Street Journal reports that General Motors asks a judge to toss a bankruptcy suppliers lawsuit.


Vanguard Natural Resources, LLC Faces Potential Bankruptcy

Added October 12, 2016

The Journal Transcript reports that Vanguard Natural Resources, LLC faces a potential bankruptcy filing.


Gawker Seeks Probe of Thiels Relationship with Hogans Lawyer

Added October 12, 2016

The Wall Street Journal reports that a judge overseeing the companys bankruptcy is asked to authorize a probe into the relationship between billionaire and former professional wrestlers attorney


At Wells Fargo, Complaints About Fraudulent Accounts Since 2005

Added October 12, 2016

The New York Times Dealbook reports that for years, similar or identical complaints from Wells Fargo workers flowed into the banks internal ethics hotline about the practices of opening sham accounts.


Cheese Executive Gets Probation, Fine for Fake Parmesan

Added October 12, 2016

Bloomberg News reports that the executive of a company that doctored its Parmesan cheese with substitutes such as wood pulp has been sentenced to probation and a fine


Nortel Creditors Fail to Reach Deal on How to Split $7.3 Billion

Added October 12, 2016

According to the Wall Street Journal, warring national units of defunct Nortel Networks Corp. have failed to reach a deal on how to divide $7.3 billion raised in the bankruptcy liquidation of the company


Atlantic City Avoids Repaying New Jersey Loan But Loses Aid

Added October 12, 2016

According to Bloomberg News, Atlantic City wonât have to immediately repay New Jersey $62 million it borrowed after it broke the states conditions for the loan


ABA: Consumer Delinquencies Hit New Low in Second Quarter

Added October 12, 2016

National Mortgage News reports that consumer delinquencies fell last quarter to their lowest point in at least 15 years.


Wells Fargo Woes Ignite Call to Beef Up Whistleblower Protections

Added October 12, 2016

The Morning Consult reports that as Wells Fargo & Co.âs consumer fraud scandal unfolds, it has fueled a push for stronger whistleblower protections in agencies that police the banking industry.


Fate of Embattled Gawker Website Still Uncertain

Added October 12, 2016

According to the Wall Street Journal, a lawyer for Gawker Media argues there is still value in the company domain name, gawker.com.


Pacific Exploration & Production on Track to Emerge from Bankruptcy

Added October 11, 2016

The Wall Street Journal reports that Pacific Exploration & Production on track to emerge from Chapter 11 bankruptcy


Hedge Funds Holding Puerto Rico GOs Sue over Sales-Tax Bonds

Added October 11, 2016

According to Bloomberg News, Hedge Funds holding Puerto Rico GOs sue over sales-tax bonds


Nortel Creditors Fail to Reach Deal on How to Split $7.3 Billion

Added October 11, 2016

The Wall Street Journal reports that Nortel creditors have failed to reach a deal on how to split $7.3 billion.


Hanjin, Ashley Furniture battle over cargoes, storage fees

Added October 11, 2016

The Wall Street Journal reports that Hanjin and Ashley Furniture battle over cargoes and storage fees


Trumps name officially exiting a beleaguered Atlantic City

Added October 11, 2016

The Associated Press reports that Trumps name is officially exiting Atlantic City, New Jersey.


Takata Said to Hire Weil Gotshal With Bankruptcy an Option

Added October 11, 2016

Bloomberg News reports that the airbag maker could seek court protection just for U.S. unit


Facebook Founder Saverin Sued in Fight over Bankrupt Startup

Added October 11, 2016

Bloomberg News reports that the Jumio investor claims to have been duped into backing firm


Wells Fargo Reshuffles Top Ranks, Rallying Around Its No. 2

Added October 11, 2016

According to the New York Times Dealbook, Wells Fargo, under fire from all sides because of a long-running scandal in which employees set up illegal accounts to meet sales quotas, announced a restructuring of its top management.


Major Investor Sues Theranos

Added October 11, 2016

The Wall Street Journal reports that one of Theranos Incs biggest financial backers has sued the startup company.


Deutsche Bank Talks with Justice Department Said to Continue

Added October 11, 2016

Bloomberg News reports that the lender and the DOJ are trying to settle an inquiry into mortgage bonds.


Caesars Entertainment to Emerge From Chapter 11 Bankruptcy

Added October 2, 2016

The New York Times Dealbook reports that Caesars Entertainment is implementing a plan to emerge from Chapter 11 bankruptcy.


Would Sears Bankruptcy Cost Tens Of Thousands Of Jobs?

Added October 2, 2016

24/7 Wall Street investigates whether a bankruptcy filing by Sears would cost the company tens of thousands of jobs.


Atlantic Citys fiscal gamble could end in bankruptcy

Added October 2, 2016

The Hill reports that Atlantic Citys fiscal gamble could possibly end in a bankruptcy filing.


Louisville Orchestra making comeback since bankruptcy filing

Added October 2, 2016

The Washington Times reports that the Louisville Orchestra is making a comback since its recent bankruptcy filing.


Cosi restaurant chain files for bankruptcy

Added October 2, 2016

USA Today reports that the popular restaurant chain, Cosi, has filed for Chapter 11 bankruptcy.


Why so many restaurants are filing for bankruptcy

Added October 2, 2016

Restaurant News investigates why so many restaurants in the US are filing for bankruptcy.


Its Paul Singer Versus Citigroup in a Bitter Bankruptcy Feud

Added October 2, 2016

Bloomberg reports that hedge funds fight for $1 billion in Peabody Energy assets.


Takata should file for bankruptcy protection, all five bidders say: sources

Added October 2, 2016

Reuters reports that multiple bidders state that Takata should file for bankruptcy protection.


Bankruptcy Judge Rebukes Squire Patton Boggs

Added October 2, 2016

The Wall Street Journal reports that a bankruptcy judge has rebuked Squire Patton Boggs.


Cosis Bankruptcy Takes Bite Out of Cadwalader

Added October 2, 2016

The American Lawyer reports that fast-casual restaurant chain Cosi Inc. and its subsidiaries recently filed for bankruptcy in Boston.


Local Companies Suffer From Hanjin Shipping Companys Bankruptcy

Added October 2, 2016

According to WUFT, local companies, including start up company, Atheris Games, is suffering as a result of the Hanjin Shipping Company bankruptcy.


Rdios Bankruptcy: A Labyrinth of Financial Winners, Losers and Lawsuits Both Threatened and Real

Added October 2, 2016

Yahoo News reports on Rdios recent bankruptcy filing.


Pacific Exploration & Production on Track to Emerge From Bankruptcy

Added October 2, 2016

The Wall Street Journal reports on Pacific Exploration & Productions emergence from bankruptcy.


ValueWalk report on US and Canadian producers

Added October 2, 2016

ValueWalk reports that since January 2015, 100+ US and Canadian producers have declared bankruptcy; $67 billion in debt.


Sun Cedar files for bankruptcy

Added October 2, 2016

LJWorld.com reports that Sun Cedar files for bankruptcy and closes its doors, after facing a trademark infringement lawsuit.


Fitch: Sears, Claires among chains at risk for bankruptcy

Added October 2, 2016

Chain Store Age reports that Fitch, Sears and Claires are among the stores who are at risk for bankruptcy.


NJoy E-Cig Bankruptcy Casts Dark Cloud Over Vaping Industry

Added October 2, 2016

The Phoenix New Times reports that the NJoy bankruptcy has cast a dark cloud over the vaping industry.


Pushmataha County Hospital Authority files for bankruptcy protection

Added October 2, 2016

KXII News reports that the Pushmataha County Hospital is at risk of closing, after recently filing for bankruptcy.


Zika and Bankruptcy: Non-Issues For Puerto Ricos Cruising Industry

Added October 2, 2016

Fox Business investigates any impact the Zika virus or a bankruptcy filing may have on Puerto Ricos cruising industry.


Panera Could Gain From Cosi Bankruptcy

Added October 2, 2016

Benzinga reports that Panera Bread could gain from the recent Cosi Inc bankruptcy.


Distributors Parent Company Files for Bankruptcy

Added October 2, 2016

The Advertising Specialty Institute reports that Delivery Agent Inc. recently filed for Chapter 11 bankruptcy.


SFX Post Bankruptcy Plan Approved

Added October 2, 2016

Amplify reports that a post bankruptcy plan has been approved by SFX company.


Unsecured Creditors May Expect Better Recoveries in Bankruptcy

Added October 2, 2016

JD Supra reports that unsecured creditors may expect better recoveries in bankruptcy


Logans Roadhouse Files for Bankruptcy

Added October 2, 2016

San Angelo Live reports that Logans Roadhouse officials announced the business has filed for bankruptcy.


ITT bankruptcy could be keeping thousands of student transcripts locked up

Added October 2, 2016

The Virginian Pilot reports that ITT Technical Institute could have thousands of student records dating back to 1988 locked up in storage and the state wants them.


Sainty Marine announces bankruptcy restructuring proposal

Added October 2, 2016

Reuters reports that Sainty Marine Corp Ltd announces bankruptcy restructuring proposal.


Hilton Hit With $4.7M ERISA Lawsuit Over Caesars Bankruptcy

Added October 2, 2016

Bloomberg reports that a group of current and former Hilton Hotels Corp. executives accuse the hotel giant of failing to pay $4.7 million in retirement benefits it allegedly owes as part of its relationship with Caesars Entertainment Corp.


BIND Therapeutics Bankruptcy Plan Confirmed

Added October 2, 2016

Bankrupt Company News reports that the U.S. Bankruptcy Court confirmed BIND Therapeutics amended combined disclosure statement and Chapter 11 plan of liquidation.


Hanjin Bankruptcy Challenges

Added October 2, 2016

Global Trade Magazine explores the bankruptcy challenges that Hanjin Shipping faces.


Judge Ousts Roscoes House of Chicken and Waffles President

Added October 2, 2016

The Wall Street Journal reports that a bankruptcy court judge points to discrimination suit, immigration sanctions, accounting issues during Herbert Hudsons management of famed restaurant chain.


Puerto Ricos Market Beating Bonds Still Leave Holders Guessing

Added September 26, 2016

Bloomberg reports that since federal takeover, Puerto Rico bonds have outperformed U.S. stocks and corporate debt instruments.


Pressures mount on Wells Fargo following fake-accounts scandal

Added September 26, 2016

The LA Times reports that Wells Fargo faced new calls to allow affected customers to file lawsuits and for the board of directors to rescind the pay of a key senior executive.


Caesars Bankruptcy Brawl With Creditors May Be Near Finale

Added September 26, 2016

Bloomberg reports that Caesars Entertainment Corp. is the closest its been to ending two years of court battles with bondholders over who should pay to fix the casino giants insolvent operating unit.


Analysis: Military Veterans Are Losing GI Bill Benefits Because of ITT Bankruptcy

Added September 26, 2016

According to MarketWatch.com, its is estimated that 12,500 veterans were using their GI Bill military benefits at ITT Technical Institute in 2015.


Report: Governments Plan to Reduce Student-Loan Defaults Helps Borrowers Who Need It Least

Added September 26, 2016

A Wall Street Journal report reveals that the income-based repayment programs have only modestly reduced student loan defaults.


Global Geophysical Wins Chapter 11 Plan Confirmation

Added September 26, 2016

Global Geophysical Services LLC won court approval for its reorganization plan less than two months after the company filed for bankruptcy protection.


Ex MLB Pitcher Curt Schilling Agrees to $2.5 Million Settlement in 38 Studios Case

Added September 26, 2016

According to USA Today, former Red Sox pitcher Curt Schilling and others have agreed to pay $2.5 million to settle their part of a lawsuit brought over Rhode Island's disastrous $75 million deal with 38 Studios, his failed video game company


U.S. Judge Narrows Currency Rigging Lawsuit Against Seven Banks

Added September 26, 2016

According to Yahoo Business, the US judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion a day foreign exchange market narrowed but refused to dismiss lawsuits against Deutsche Bank, Morgan Stanley and five other large banks that have yet to settle.


U.S. Commerce Department Urged to Resolve Hanjin Shipping Crisis

Added September 26, 2016

The National Retail Federation and other U.S. trade groups are urging the Commerce Department to work with the South Korean government to resolve the Hanjin Shipping Co. crisis, as reported by Bloomberg News.


NextEra Sweetens Deal for Energy Futures Oncor

Added September 26, 2016

NextEra Energy Inc. has boosted its offer for Energy Future Holdings Corps Oncor electricity transmission business by $300 million.


Claires Gets Waiver Amid Advanced Talks to Push Debt Swap

Added September 26, 2016

Bloomberg reports that Claires Stores receivs a waiver amid advanced negotiations to push for a debt swap.


WakeMed Breached Confidentiality of Thousands of Patients

Added September 26, 2016

According to The News & Observer, the bankruptcy court last month fined WakeMed $70,000 for disclosing Social Security numbers, birth dates and the full name of at least one minor in claims it had filed in federal bankruptcy courts to collect unpaid medical bills.


Takata Shares Fall; Bidders Said to Mull Bankruptcy Option

Added September 26, 2016

Bloomberg reports that Takata Corp. shares fell 12 percent in Tokyo trading as bidders for the air-bag maker were said to consider the possibility of some form of bankruptcy proceedings.


Analysis: How Deutsche Bank is Boosting Capital as Billions in U.S. Fines Loom

Added September 26, 2016

The Street.com reports that Deutsche Bank is using a tailored financial structure to transfer the risk of losses to investors on a pool of corporate loans, according to people with knowledge of the matter.


Freddie Mac Starts Pilot Program with Looser Standards

Added September 26, 2016

The Wall Street Journal reports that Freddie Mac has implemented changes designed to boost mortgage originations among first-time buyers and applicants with low-to-moderate incomes.


Bitcoin Is Money, U.S. Judge Says in Case Tied to JPMorgan Hack

Added September 26, 2016

Reuters reports that Bitcoin qualifies as money, a federal judge recently ruled, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.


GM and Union Avoid Strike by 3,900 Canadian Workers

Added September 26, 2016

According to the New York Times, General Motors and a union narrowly averted a strike by Canadian workers recently, with a deal that could serve as a model for preserving the countrys dwindling auto jobs.


In Statement to Senate, Wells Fargo Chief Is Deeply Sorry

Added September 26, 2016

The New York Times reports that in Statement to the US Senate, the CEO of Wells Fargo is reportedly deeply sorry.


American Idol Sheds Debt as Bankruptcy Plan Is Approved

Added September 26, 2016

Bloomberg reports that American Idol sheds debt as its bankruptcy plan is approved.


Bankruptcy court approves settlement between HDL, LeClairRyan

Added September 26, 2016

Richmond Business.com reports that a US bankruptcy court approves a settlement between HDL and LeClairRyan.


Greenspan Says He Would Like to See Dodd-Frank Bank Law Repealed

Added September 26, 2016

Yahoo Finance reports that Greenspan says he would like to see the Dodd Frank Bank Law repealed.


Oil Price Rebound Could Create Headaches for Bankrupt Drillers

Added September 26, 2016

CNBC reports that a two-year downturn has pushed more than 100 U.S. energy companies into bankruptcy. But for some distressed drillers, a rebound could actually make things worse.


Facing Losses, Energy Firms Ask Investors for More Time, Money

Added September 26, 2016

The Wall Street Journal reports that woes of private-equity investments are being felt by pensions and other institutional investors.


New York Regulator Asks Caliber for Data on Handling of Distressed Mortgages

Added September 26, 2016

According to the New York Times, New Yorks financial regulator wants information from Caliber Home Loans about its handling of distressed mortgages.


Analysis: Millions in U.S. Climb Out of Poverty

Added September 26, 2016

Nearly 3.5 million Americans were able to advance above the poverty line last year, according to census data released this month, the New York Times reported.


Ex-Wells Fargo Bankers Sue over Firing Amid Fraud

Added September 26, 2016

According to USA Today, two former employees of Wells Fargo Bank have filed what could be the first of many cases against the bank.


Banks Face Costly, Complex Technology Upgrades

Added September 26, 2016

The Wall Street Journal reports that even as banks build new technology in response to threats from fintech upstarts, some of their existing systems are struggling to keep up with new regulations


Report: More than 100 Oil and Gas Operators have Filed for Bankruptcy Since 2015

Added September 26, 2016

OilandGas360.com reports that more than 100 oil and gas operators have filed chapter 11 bankruptcy since 2015.


Loan Modifications Continue to Decline: Hope Now

Added September 26, 2016

According to National Mortgage News, the Hope Now alliance reported that loan modification activity has fallen again on a monthly basis.


Rdios Bankruptcy: Inside a Failing Music Streaming Service

Added September 26, 2016

Yahoo News takes a look at how Pandora came to buy Rdio, and the decision makers involved.


SIGA Announces Bankruptcy Court Approval

Added September 21, 2016

Business Wire reports that SIGA Announces Bankruptcy Court Approval of Transaction Under Which SIGA Will Pay PharmAthene Claim in Full.


Stockton diocese reveals bankruptcy plan

Added September 21, 2016

According to Recordnet.com, victims of priests are set to share $15 million; creditors will receive 50 percent of the proceeds.


Western Convenience Stores Emerges from Bankruptcy

Added September 21, 2016

Convenience Store Decisions reports that Petroleum Equity Group and Garrison Investment Group help pull Western Convenience out of bankruptcy.


SeaPort Airlines stops operations due to bankruptcy

Added September 21, 2016

SeaPort Airlines stops operations due to bankruptcy, as reported by WMC Action News 5.


CAI International announces impact of Hanjin bankruptcy

Added September 21, 2016

According to Global Trade Magazine, CAI International recently announced the impact of the Hanjin bankruptcy.


BRIEF-Warren Resources - bankruptcy court entered order approving plan of reorganization of co - SEC Filing

Added September 21, 2016

Reuters reports that a bankruptcy court entered an order approving plan of reorganization of Warren Resources.


Scottsdale electronic cigarette maker files for bankruptcy protection

Added September 21, 2016

Phoenix Business Journal reports that Scottsdale electronic cigarette maker, NJoy, Inc. files for bankruptcy protection.


Sears still has plenty of levers to pull to avoid bankruptcy

Added September 21, 2016

CNBC investigates Sears strategy to avoid bankruptcy.


Takata Shares Tank After Report of Bankruptcy Consideration

Added September 21, 2016

Fortune Magazine reports that a bankruptcy option was being considered by Takata executives.


Iowa State research park faces big loss in firm's bankruptcy

Added September 21, 2016

According to The Eagle, the Iowa State University Research Park is facing a major financial loss after a once-promising tenant was allowed to fall behind on rent for years before going bankrupt.


GM filed for bankruptcy, not the union

Added September 21, 2016

An editorial in The Oshawa Express reports that General Motors filed for bankruptcy, not the union.


Bankrupt Emerald Oil says no role for regulator in contract fight

Added September 21, 2016

Reuters reports that Bankrupt Emerald Oil Inc said on Monday it cannot survive unless it can shed expensive contracts for gathering its products.


Analysts question whether top Wells Fargo official will survive scandal

Added September 21, 2016


September import volume keeps up despite Hanjin bankruptcy

Added September 21, 2016

Furniture Today reports that September import volume has kept up, despite the recent Hanjin bankruptcy filing.


More than $800K spent in legal, other fees in Conneaut Lake Park bankruptcy fight

Added September 21, 2016

According to the Meadville Tribune, more than $800K was spent in legal and other fees in the Conneaut Lake Park bankruptcy.


The Upside Of Bankruptcy For Investors

Added September 21, 2016

Forbes Magazine investigates the upside of bankruptcy for investors.


The first really meaningful and massive Chinese bankruptcy has arrived

Added September 21, 2016

Business Insider reports on what they are referring to as the first meaningful and massive Chinese bankruptcy filing.


Bankruptcy code will give rise to a new breed of professionals

Added September 21, 2016

According to The Economic Times, the U.S. Bankruptcy code will give rise to a new breed of professionals.


SunEdison yieldcos exploring strategic alternatives

Added September 20, 2016

The St. Louis Business Journal reports that SunEdison yieldcos exploring strategic alternatives.


Takata shares fall on bankruptcy fears

Added September 20, 2016

The Financial Times reports that Takata shares fall as a result of bankruptcy fears


E-cigarette maker files for bankruptcy

Added September 20, 2016

The New York Post reports that E-cigarette maker NJOY files for bankruptcy


Nextera Energy Announces Bankruptcy Court Approval

Added September 20, 2016

Street Insider reports that Nextera Energy announces Bankruptcy Court Approval for Energy Future Holdings to Enter Merger Agreements


Pillsbury Picks Up McKool Smith Bankruptcy Lawyer

Added September 20, 2016

According to the Texas Lawyer, Pillsbury has retained McKool Smith as a bankruptcy lawyer


Ubers self-driving cars are impressive but theres still a lot they cant do

Added September 20, 2016


ITT files for bankruptcy after shutdown

Added September 19, 2016

The Detroit News reports that ITT Tech filed for bankruptcy after its abrupt shut-down.


How Bad Will Retail Be Hurt by Hanjins Bankruptcy?

Added September 19, 2016

The Motley Fool explores retails impact by the Hanjin bankruptcy filing.


4 Critical Mistakes That Lead Businesses To Bankruptcy

Added September 19, 2016

Footwear News reports on four critical mistakes that lead businesses to file bankruptcy.


Coal enters a post-bankruptcy market. What happens then?

Added September 19, 2016

According to the Casper Star Tribune, after falling into bankruptcy, three of the largest coal companies operating in Wyoming are coming back one by one.


SunEdisons Bankruptcy Heirs Seek New Strategy for Its Assets

Added September 19, 2016

Fortune magazine reports that SunEdisons bankruptcy heirs seek new strategy for its assets.


Takata Shares Fall; Bidders Said to Mull Bankruptcy Possibility

Added September 19, 2016

Bloomberg reports that Takata Corp. shares fell in Tokyo trading as bidders for the air-bag maker were said to consider the possibility of some form of bankruptcy.


Golfsmith International Preparing to File for Chapter 11 as Early as Wednesday

Added September 14, 2016

The Wall Street Journal reports that Golfsmith International is preparing to file for Chapter 11 bankruptcy this week.


Colorado oil and gas company seeks Chapter 11 bankruptcy

Added September 14, 2016

The Denver Business Journal reports that Battalion Resources LLC has filed for Chapter 11 bankruptcy protection.


August Chapter 11 Filings Down 32% Year/Year

Added September 14, 2016

Monitor Daily reports that August business Chapter 11 filings are down 32%.


Arch wont self-bond, to emerge from bankruptcy

Added September 14, 2016

The Gillette News Record reports that Arch Coal doesn't plan to file a self bond, its its emergence from Chapter 11 bankruptcy.


Arch Coal to Restructure Company, Escape Bankruptcy

Added September 14, 2016

CBS St. Louis reports that the United States Bankruptcy Court has confirmed the companys Amended Plan of Reorganization.


Waterlefe Golf & River Club settles debt from recession

Added September 14, 2016

The Sarasota Herald Tribune reports that WG&RC is back in business under new leadership after emerging from Chapter 11 bankruptcy protection.


Former ITT Tech students declare debt strike

Added September 14, 2016

The Chicago Tribune reports that former ITT Tech students have declared a debt strike after the campuses recently abruptly closed without warning.


U.S. E&P Default Rate Now Rivaling Telecom Bust, Moodys Says

Added September 14, 2016

Natural Gas Intelligence reports the oil and natural gas bust beginning in 2015 was worse than many thought.


Bankruptcy Judge Rejects $5 Million Bid for Brueggers Largest Franchise

Added September 14, 2016

The Wall Street Journal reports that a bankruptcy judge has rejected a $5 million dollar bid for Brueggers largest franchise.


Shipping company bankruptcy sours plans for Renos Kimmie Candy

Added September 14, 2016

The Las Vegas Review Journal reports that the Hanjin Shipping Co. bankruptcy has made things sticky for Kimmie Candy, Nevadas largest candy maker.


SandRidge Energy: Soon Emerging From Bankruptcy

Added September 14, 2016

Seeking Alpha reports that SandRidge Energy will soon emerge from Chapter 11 bankruptcy.


Retail Imports Strong Despite Hanjin Bankruptcy

Added September 14, 2016

Material Handling & Logistics News reports on the Hanjin Shipping bankruptcy and its impact on retail imports.


Caesars Judge Tells Apollo, TPG Leaders to Release Wealth Data

Added September 14, 2016

Bloomberg reports that Caesars Judge Tells Apollo, TPG Leaders to Release Wealth Data.


Aeropostale lands bankruptcy deal to keep 230 stores open

Added September 14, 2016

CNN Money reports that Aeropostale lands a bankruptcy deal to keep 230 stores open.


Shulas Steakhouse Allentown bankruptcy case nearing its end

Added September 14, 2016

The Morning Call reports that City Center Investment Corp. has completed its purchase of the assets of former Seventh Street tenant Shula's Steakhouse, bringing the defunct eaterys nine-month bankruptcy case closer to a conclusion.


Aerospace-Parts Supplier Fansteel Files for Bankruptcy

Added September 14, 2016

According to Nasdaq.com, aerospace-parts supplier Fansteel files for bankruptcy


After bankruptcy, Arch Coal will put up cash to guarantee mine cleanup

Added September 14, 2016

The Casper STar Tribune reports that after bankruptcy, Arch Coal will put up cash to guarantee mine cleanup


Caesars bankruptcy mediator abruptly resigns

Added September 14, 2016

Market Watch reports that Caesars Entertainment Operating Corps bankruptcy mediator abruptly resigned.


Key Energy Services Announces Entry into Plan Support Agreement

Added September 13, 2016

PR Newswire reports that Key Energy Services Announces Entry into Plan Support Agreement


Wilbur Ross Turnaround Titan Tries to Beat the Oil Rout

Added September 13, 2016

Bloomberg reports that A decade ago, Wilder engineered biggest leveraged buyout ever


Appointment of Cayman liquidator adds pressure on Platinum Partners

Added September 13, 2016

Reuters reports that a Cayman Islands court ordered that an outside expert help unwind a hedge fund managed by Platinum Partners.


Financial tool set to shield bondholders from default risk

Added September 13, 2016

As bond defaults soar in China, investors and regulators are moving to introduce financial tools that have been widely used in global markets to provide protection for creditors.


Sears to Borrow $300 Million From Lampert as Losses Mount

Added September 13, 2016

Bloomberg reports that Eddie Lampert, the hedge fund manager who runs Sears Holdings Corp., is once again lining up financing for a retailer that has lost more than $9 billion in recent years.


Disarming Holdouts in Sovereign Debt Restructurings

Added September 13, 2016

Credit Slips reports on the the pari passu litigation against Argentina.


Foresight Energy LP Completes Global Restructuring

Added September 12, 2016

A company press release reveals that Foresight Energy LP has completed a global restructuring plan.


Caesars wins lawsuit shield to pursue uphill appeal

Added September 12, 2016

Reuters reports that Caesars wins a lawsuit shield to pursue an uphill appeal


Bankruptcy Judge Troubled by New Life Partners Deal

Added September 12, 2016

According to WSJ.com, the New Life Partners deal would enable BroadRiver Asset Management to withdraw offer to take over accounts for more than 22,000 clients


Abercrombie no longer sees comparable sales improving this year

Added September 12, 2016

Reuters reports that Abercrombie no longer sees comparable sales improving this year.


Move by South Koreas Hanjin Shipping Roils Global Trade

Added September 12, 2016

The Wall Street Journal reports that South Korea wants Hanjin Shipping to sell healthy assets to a rival.


After years of struggle, Gorham Paper & Tissue is paying off debts

Added September 12, 2016

After years of accruing debt, Gorham Paper & Tissue - the last operating paper mill in the North Country - is paying it off, according to local officials.


Hanjin Shipping Unloads Cargo at U.S. Port

Added September 12, 2016

The Wall Street Journal reports that at least three more cargo ships were expected to unload freight at Port of Long Beach.


Caesars Wins Delay in Bondholders Litigation Over Units Debt

Added September 7, 2016

The Wall Street Journal reports that at issue is whether the parent must honor billions in guarantees for debt of its bankrupt unit CEOC


ITT stops all new student enrollment

Added September 7, 2016

Gant Daily reports that ITT Tech has ceased all new student enrollment for the 2016-17 year.


Icahn Rejects Union Bid to Keep Trump Taj Mahal Casino Open

Added September 7, 2016

ABC News reports that Icahn rejects a union bid to keep Trump Taj Mahal Casino open.


AK Steel enters settlement agreement with Magnetation

Added September 7, 2016

Reuters reports that after bankruptcy court approval of transaction, co agreed to make cash contribution of $37.5 million.


Pacific Andes says Peru insolvency wont harm creditors

Added September 7, 2016

According to Undercurrent News, the Pacific Andes says Peru insolvency wont harm its creditors


Banks Have Had Enough of Oils Wild Ride

Added September 7, 2016


Uber Loses at Least $1.2 Billion in First Half of 2016

Added September 7, 2016

Bloomberg reports that Uber has lost at least $1.2 billion in the first half of 2016.


Bauer Hockey gear maker taps debt restructuring advisor

Added September 7, 2016

Yahoo Finance reports that Bauer Hockey gear maker taps debt restructuring advisor.


SunEdison Seeks Court Approval for Executive Bonuses

Added September 7, 2016

According to the Wall Street Journal, SunEdison seeks court approval for the bonuses of their executives.


One Kings Lane sold for less than $30 million after being valued at $900 million

Added September 7, 2016

Recode.net reports that One Kings Lane sold for less than $30 million, after a much higher valuation.


In A Blow to Fannie and Freddie Shareholders, Court Tosses Out Another Lawsuit

Added September 7, 2016

According to the Wall Street Journal, a federal court rules that shareholder rights were transferred to the FHFA


Revolutionary Distressed-Debt Case Argued in NYC Appeals Court

Added September 7, 2016

Bloomberg reports that borrowers fight ruling they say makes restructurings harder.


Faltering Oil Recovery Prompts Warnings of a Relapse to $40

Added September 7, 2016

Analysts from BNP Paribas SA to JBC Energy GmbH warn prices may sink once more, as reported by Bloomberg.


Trucking Company Failures on the Rise

Added September 7, 2016

According to the Wall Street Journal, More trucking fleets are going out of business, done in by rising diesel prices and a weak freight market.


Who Should Police Municipal Markets?

Added September 7, 2016

According to Governing.com, a bond sale in Illinois has left some wondering why there's no one to stop financially troubled governments from borrowing.


Rivers Pittsburgh Launches $415M Secured Note Offering to Refinance Debt

Added September 7, 2016

High Yield Bond.com reports a five-year secured notes offering via Goldman Sachs, Wells Fargo, Fifth Third, and U.S. Bancorp.


Claires Stores guidance sets off new strategies

Added September 7, 2016


Pernix in talks with creditors about debt restructuring

Added September 7, 2016

Reuters reports that Pernix is working with restructuring advisors at investment bank Perella Weinberg Partners LP.


H.I.G. Invests in Distressed Italian Debt by Working With Banks

Added September 7, 2016

Bloomberg reports that H.I.G. has set up a new investment vehicle with Milan-based Idea Capital Funds.


New Gulf Returns From Chapter 11 With New Name, Eagle Ford Acreage

Added September 7, 2016

Oil and Gas Investor reports that ETX Energy LLC also has roughly 75,000 acres in the Eagle Ford Shale.


Appeals Court Says Medicare Can Cut Off Nursing Home in Bankruptcy

Added September 7, 2016

Ruling finds bankruptcy judge didnât have the power to block HHS officials from ending a provider agreement, reported by WSJ.com.


Herbalife and the Federal Trade Commission Reach Settlement Agreement

Added September 7, 2016

Businesswire reports that the Herbalife Board of Directors has freed Carl Icahn to Acquire Up to 34.99% of the Companyâs Outstanding Common Shares.


South Korean shippers bankruptcy crisis could affect U.S. holiday sales

Added September 7, 2016

USA Today reports that troubled South Korean firm Hanjin Shipping, the world's seventh-largest shipper, has been granted temporary bankruptcy protection in the U.S.


Deal with American Airlines puts Republic Airways closer to bankruptcy exit

Added September 7, 2016

According to the Dallas Morning News, Republic Airways Holdings Inc. reached a deal to continue providing regional flights for its largest customer.


White House names seven to Puerto Rico oversight board

Added September 6, 2016

The Washington Post reports that the White House names seven people to an oversight board for Puerto Rico.


A City, a Ballpark, and a Possible Bankruptcy

Added September 6, 2016

WNPR.com explores whether the City of Hartford Connecticut is facing a future bankruptcy filing.


Gaps Distribution-Center Fire Could Bring Holiday Headaches

Added September 6, 2016

Bloomberg reports that a fire at The Gaps distribution center in Fishkill, New York, may create a meaningful bottleneck for the company.


The Frozen Concentrated Orange-Juice Market Has Virtually Disappeared

Added September 6, 2016

According to the Wall Street Journal, the frozen concentrated orange juice market has virtually disappeared due to failing consumer demand.


UAE bankruptcy law may be finalised by end-2016

Added September 6, 2016

Reuters reports that the UAE does not have modern bankruptcy regulations, making it difficult for companies to restructure or wind themselves up.


Chinas Growing Debt Problem Isnt Quite What It Seems

Added September 6, 2016

Bloomberg explores Chinas growing debt problem and its impact on the global economy.


Mastroianni Bros. files for Chapter 11 after baking its last bread

Added September 6, 2016

Family-owned bakery, Mastroianni Bros files for chapter 11 bankruptcy protection.


South Koreas Hanjin Shipping Files for Bankruptcy Protection

Added August 31, 2016

The Wall Street Journal reports that South Koreas Hanjin Shipping Files for Bankruptcy Protection


Bauer Hockey gear maker taps debt restructuring advisor

Added August 29, 2016

Yahoo Finance reports that Performance Sports has sought the help of investment bank Centerview Partners Holdings LLC on its negotiations with its lenders.


Performance Sports ex-chairman may bid for hockey-gear maker

Added August 29, 2016

Reuters reports that The former chairman of Performance Sports Group Ltd, Graeme Roustan, told Reuters he has hired investment banks Jefferies Group LLC and Canaccord Genuity to explore a possible bid for the troubled maker of hockey gear.


SunEdison Seeks Court Approval for Executive Bonuses

Added August 29, 2016

According to the Wall Street Journal, SunEdison sought chapter 11 protection in April amid legal and financial trouble.


In A Blow to Fannie and Freddie Shareholders, Court Tosses Out Another Lawsuit

Added August 29, 2016

According to the Wall Street Journal, a Federal court rules that shareholder rights were transferred to the FHFA.


Fox & Hound owner files for bankruptcy

Added August 29, 2016

Nations Restaurant News reports that the owner of Fox & Hound files for bankruptcy; it is its second such filing in less than three years.


Owner of Idle California Oil Island Files for Bankruptcy Protection

Added August 29, 2016

The Wall Street Journal reports that Rincon Island LP seeking to block state of California from forcing it to perform extensive remediation on its wells.


Wells Fargo to pay $4.1 million to settle charges of illegal student loan practices

Added August 29, 2016

The St. Louis Post Dispatch reports that the Consumer Financial Protection Bureau yesterday reached a $4 million settlement with Wells Fargo over allegations the bank charged illegal fees and failed to inform borrowers of their payment options.


Univision to Pay Gawker Founder Nick Denton Not to Compete

Added August 29, 2016

According to the Wall Street Journal, Gawker Media Groups new owner, Univision Communications Inc., would pay Gawkers founder $16,666 a month for the next two years in exchange for a promise not to work for the gossip sites rivals.


CFPB Flooded with Thousands of Comments Over Arbitration Rule

Added August 29, 2016

According to the National Law Journal, the CFPB was recently flooded with thousands of comments over a new arbitration ruling.


Former Fannie Mae CEO Settles Crisis Related Lawsuit with SEC

Added August 29, 2016

Reuters reports that the former CEO of Fannie Mae settles a crisis related lawsuit with the Securities and Exchange Commission.


Across the U.S., Workers at the Bottom of the Ladder Get Pay Raises

Added August 29, 2016

The Wall Street Journal reports that for Americans in the bottom quarter of the income scale, who were left behind for much of the expansion, pay is rising at the fastest rate since the recession.


Caesars Argues Fresh Lawsuit Shield Will Help Bankruptcy Deal

Added August 29, 2016

Reuters reports that the bankrupt operating unit of Caesars Entertainment Corp. asked a judge yesterday to extend a lawsuit shield for its parent company, which a financial advisor said is critical to making progress toward a settlement with holdout creditors.


Aeropostale Duels with Sycamore over Bankruptcy

Added August 29, 2016

The Wall Street Journal reports that Aeropostale Incs doors remain open as back to school shoppers hit the stores, but there is no guarantee the company will survive for long.


Victims Fault Settlement Plan in Twin Cities Archdiocese Case

Added August 29, 2016

The Duluth News Tribune reports that a group of sexual abuse victims who suffered at the hands of clergy in the Archdiocese of St. Paul and Minneapolis, Minn., have filed a counter-plan for the proposed settlement.


Big oil companies binge on debt

Added August 29, 2016

The Wall Street Journal reports that Exxon, Shell, BP and Chevron have a combined debt of $184 billion amid a two-year oil slump.


Arkansas City Sued Over Hot Check Court Fines, Arrests

Added August 29, 2016

The Epoch Times reports that a central Arkansas city is effectively operating a debtors prison that imposes hefty fines and jail time for thousands of poor people whose checks bounce.


In a Blow to Fannie and Freddie Shareholders, Court Tosses Out Another Lawsuit

Added August 29, 2016

The Wall Street Journal reports that in a blow to Fannie and Freddie shareholders, a U.S. Court tosses out another lawsuit.


DOJ Says Calif. Loan Modification Firms Discriminated Against Latino Homeowners

Added August 29, 2016

Morningconsult.com reports that the Department of Justice says multiple loan modification firms in California discriminated against Latino homeowners.


Analysis: The Housing Market Is Finally Starting to Look Healthy

Added August 29, 2016

A new report released by the U.S. Census Bureau that shows that more new homes were sold in July than in nearly a decade, the New York Times DealBook blog reported.


Court Denies U.S. Request to Reconsider Tossing Bank of America Fine

Added August 29, 2016

Benchmark Monitor reports that an appellate court on Monday declined to reconsider its decision to throw out a mortgage-fraud case against Bank of America Corp.


Bauer Hockey Gear Maker Taps Debt Restructuring Advisor

Added August 29, 2016

Reuters reports that Performance Sports Group Ltd, the maker of Bauer Hockey gear and Easton Sports baseball bats, has turned to an investment bank for advice on how to handle its debt load.


American Idol Owner Core Media Allowed to Terminate Deal with Simon Fuller

Added August 29, 2016

According to the Hollywood Reporter, Core Media has been received release of its agreements with Simon Fuller, the creator of American Idol.


Key Energy Services Expects to File for Bankruptcy

Added August 29, 2016

The Wall Street Journal reports that Key Energy Services bankruptcy plan would make private-equity firm Platinum Equity its largest shareholder


Sports Authoritys Renewed Bonus Plan Provokes Protest

Added August 29, 2016

A federal bankruptcy watchdog reports that Sports Authority is prioritizing insider executives, as reported by WSJ.com.


SEC Brings Enforcement Actions Against 71 Muni Bond Issuers

Added August 29, 2016

Morningconsult.com reports that the Securities and Exchange Commission brings enforcement actions against 71 muni bond issuing companies.


Judge Blocks Taxi Kings Abandonment of Cabs in Lender Dispute

Added August 29, 2016

The Wall Street Journal reports that a judge recently blocked Taxi Kings cab abandonment in a dispute by its lenders.


Analysis: Companies Made Deals That Could Run Afoul of U.S. Whistleblower Rules

Added August 29, 2016

A recent Reuters report states that Wells Fargo, Advanced Micro Devices and Fifth Third Bank have in recent years agreed to settlement deals that seek to muzzle former employees in ways that some lawyers said could violate U.S. whistleblower protection laws.


Hedge Funds See Biggest Redemptions Since 2009 as Returns Lag

Added August 29, 2016

Bloomberg reports that investors pulled an estimated $25.2 billion from hedge funds last month, the biggest monthly redemption since February 2009.


Abengoa Sells U.S. Ethanol Plants for $357 Million

Added August 29, 2016

Renewable energy firm looks to avoid what would be Spains largest-ever corporate bankruptcy, reports the Wall Street Journal.


Puerto Ricos Pensions: $2 Billion in Assets, $45 Billion in Liabilities

Added August 29, 2016

One of the thorniest tasks awaiting a seven-member board charged with cleaning up Puerto Ricos debt crisis is deciding how to balance a $70 billion debt load with nearly $43 billion in unfunded pension liabilities, as reported by the Wall Street Journal.


Charney Has Mild Interest in American Apparel, Which Goes on the Block

Added August 23, 2016

The Street confirms that the once-bankrupt retailer has hired Houlihan Lokey, and the company's controversial founder said he would "keep an open mind" about a bid.


Ground Zero of Chinas Slowdown Leaves Locals Looking for Exit

Added August 23, 2016

According to Bloomberg the Ground Zero of Chinas Slowdown Leaves Locals Looking for an exit


An Ugly Hump Day for Oil

Added August 23, 2016

Bloomberg Gadfly reports on an ugly hump day for oil


Fox & Hound Lender Throws Shade at Restructuring

Added August 23, 2016

The Wall Street Journal reports that the GE Capital successor doesnt want restaurant owner using its cash to fund bankruptcy


C&J Energy files for bankruptcy to cut $1.4 billion in debt

Added August 23, 2016

According to Reuters, C&J Energy Services Ltd filed for bankruptcy, with an agreement to swap $1.4 billion in debt for ownership of the reorganized company.


Puerto Rico Sued for Diverting Cash After Federal Law Passed

Added August 23, 2016

Bloomberg reports that a group of hedge funds sued Puerto Rico Governor Alejandro Garcia Padilla, claiming the island government is using a default on its debt to shirk its responsibility to pay bondholders.


Novation Companies, Inc. and Subsidiaries Commence Voluntary Chapter 11 Business Reorganization

Added August 23, 2016

PR Newswire reports that the Novation Companies, Inc. recently filed for bankruptcy reorganization.


SunEdison retirement plan takes hit on company stock investments

Added August 23, 2016

Reuters reports that the SunEdison retirement plan recently took a hit on the companys portfolio of stock investments.


SunEdison and Vivint Cant Agree on Timetable for Merger Suit

Added August 23, 2016

According to Bloomberg reports, SunEdison and Vivint cannot agree on a timetable for a merger suit


Life Partners Customers Face Tough Investment Decisions

Added August 23, 2016

The Wall Street Journal reports that trust is strained as firmâs customers try to navigate bankruptcy process and complex alternatives being offered


William Hills Uphill Climb

Added August 23, 2016

Bloomberg Gadfly reports on William Hills uphill climb


Sharp to Restructure in Effort to Boost Brand

Added August 23, 2016

The Wall Street Journal reports that Sharp is seeking restructuring to boost the companys brand.


Best Buy Gains as Earnings Boost Confidence in Turnaround

Added August 23, 2016

Bloomberg Markets reports that Best Buy gains as its earnings boost confidence in a turnaround.


Police Misconduct in Bankrupt Cities

Added August 23, 2016

Credit Slips investigates police misconduct in bankrupt US cities.


Private Prison Stocks Sink After U.S. Signals the End

Added August 23, 2016

Private Prison Stocks Sink After U.S. Signals the End, as reported by Bloomberg Markets.


Are we on the brink of a restaurant recession?

Added August 23, 2016

The Chicago Tribune analyzes whether we are on the brink of a restaurant recession in the USA.


Peabody, Alpha each lose about $56M in July

Added August 23, 2016

S&P Global Platts reports that Peabody and Alpha each lost approximately $56M in earnings in July, 2016.


Valeants C Suite Sees Another Shake Up

Added August 23, 2016

According to The Street, Valeants C Suite Sees Another Shake up


Caesars Settles One Bondholder Lawsuit

Added August 23, 2016

According to NASDAQ, Caesars Entertainment Corp has settled one bondholder lawsuit.


As Maturities Approach, IPayment could default

Added August 23, 2016

WSJ Bankruptcy reports that as maturities approach, IPayment could go into default.


Peter Thiel: The Online Privacy Debate Wont End With Gawker

Added August 22, 2016


Barnes & Noble Announces CEO Departure

Added August 22, 2016

Business Wire reports that Barnes & Noble recently announced the departure of their CEO, Ronald D. Boire.


Claires Corners Bondholders With $800 Million Debt Swap

Added August 22, 2016

Bloomberg reports that Claires corners bondholders with $800 million dollar debt swap.


Hammons Hotels Defend Chapter 11 Filing Challenged by JD Holdings

Added August 22, 2016

According to the Wall Street Journal, Hammons Hotels defend Chapter 11 filing that was challenged by JD Holdings.


Gulf Keystone Petroleum moving on restructuring

Added August 22, 2016

Gulf Keystone Petroleum is moving on restructuring, per a UPI report.


Assured Guaranty Ltd. Reports Results for Second Quarter 2016

Added August 22, 2016

According to Business Wire, Assured Guaranty Ltd. Reports Results for Second Quarter 2016.


Bain Said to Get $3.1 Billion for Credit Fund After Re-Branding

Added August 22, 2016

Bloomberg reports that Bain is said to receive $3.1B for credit fund, after re-branding.


The Financial Industrys Theranos?

Added August 22, 2016

Forbes explores the financial industrys Theranos


Avaya Creditor Franklin Said to Ask for Apollo, GSO Support

Added August 22, 2016

According to Bloomberg, Franklin, a creditor of Avaya is said to ask for Apollo, GSO support.


Global Geophysical Services Files for Bankruptcy Protection

Added August 22, 2016

Global Geophysical Services Files for Bankruptcy Protection, per a WSJ report.


Global Geophysical Services Files for Chapter 11

Added August 16, 2016

The Wall Street Journal reports that Global Geophysical Services files for Chapter 11 protection.


Templar Energy Announces Agreement on a Comprehensive Restructuring

Added August 16, 2016

Yahoo Business reports that Templar Energy announces comprehensive restructuring.


Seventy Seven Energys Business Still Vulnerable After Restructuring

Added August 16, 2016

The Wall Street Journal reports that Seventy Seven Energys business is still facing vulnerability.


SunEdison Shareholders Lose Fight for Say in Bankruptcy

Added August 16, 2016

SunEdison shareholders lose their fight for a say in their recent bankruptcy filing, as reported by the WSJ.com.


Concordia is on the Wrong Side of Pharma History

Added August 16, 2016

Bloomberg Gadify reports that Concordia is on the Wrong Side of Pharma History


Oil & Gas Bankruptcies Offer Opportunities For Investors

Added August 16, 2016

Forbes reports that oil & gas bankruptcies offer many opportunities for investors.


Ex-Gawker Editor On The Verge Of Bankruptcy

Added August 16, 2016

An ex-Gawker editor is on the verge of filing bankruptcy, as reported by Forbes.


Key Energy Negotiating With Lenders and Bondholders

Added August 16, 2016

Key Energy is currently negotiating with its lenders and bondholders, as reported by WSJ.com.


Why a Dallas restaurant companys bankruptcy is part of a trend

Added August 16, 2016

Why a Dallas restaurant companys bankruptcy is part of a trend, as reported by WFAA.com.


Wine, women and scam: High end seller guilty in Ponzi scheme

Added August 16, 2016

SFgate.com reports that John Fox, owner of Premier Cru wine recently pleaded guilty to defrauding customers out of at least $45 million.


Univision Among At Least Two Bidders For Gawker Media

Added August 16, 2016

Forbes reports that Univision is among at least two bidders for Gawker Media.


Will The Cost Of Long-Term Care Bankrupt You?

Added August 16, 2016

Forbes investigates whether the cost of long-term care will lead you to file for bankruptcy?


Minnesota Farmers Turn to Bankruptcy as Low Prices Continue

Added August 16, 2016

Agweb reports that more Minnesota farmers are turning to bankruptcy as an alternative.


Cramer: Dicks Shows off the Silver Lining of Sports Authority's Bankruptcy

Added August 16, 2016

According to The Street.com, Dicks Sporting Goods shows off the silver lining of the Sports Authority bankruptcy filing.


SandRidge Expected To Recover After Bankruptcy

Added August 16, 2016

News9 reports that SandRidge Energy is expected to recover after their exit from bankruptcy.


Bankruptcy for Banks: A Sound Concept That Needs Fine-Tuning

Added August 16, 2016

The Deal Book investigates US banks and the filing of bankruptcy.


Univision and Ziff Davis make bids to buy bankrupt Gawker Media

Added August 16, 2016

The Los Angeles Times reports that Univision and Ziff Davis have made bids to buy Gawker Media.


Billionaire Carl Icahn Says the EPA Could Bankrupt Renewable Fuel Refiners

Added August 16, 2016

Billionaire Carl Icahn Says the EPA Could Bankrupt Renewable Fuel Refiners, as reported by Fortune Magazine.


Local Logans, Carinos escape bankruptcy axe

Added August 16, 2016

The Times Record News reports that Local Logans and Carinos both escape the bankruptcy axe.


SandRidge Energy seeks to emerge from bankruptcy next month

Added August 16, 2016

According to the Tulsa World, SandRidge Energy seeks to emerge from bankruptcy next month


West Hartfords Hebrew HealthCare to Restructure Under Bankruptcy

Added August 16, 2016

WNPR reports that West Hartfords Hebrew HealthCare will restructure under bankruptcy.


YPF Can Finance Maxus Bankruptcy Plan, Judge Says

Added August 16, 2016

YPF Can Finance Maxus Bankruptcy Plan, as reported by WSJ.com.


No Turnover of the Make-whole Amount in the EFH Bankruptcy

Added August 16, 2016

No Turnover of the Make-whole Amount in the EFH Bankruptcy, as reported by Lexology.com.


Connecticut hospital operator files for bankruptcy

Added August 16, 2016

The Beckers Hospital Review reports that Hebrew HealthCare in West Hartford, Conn., has filed for Chapter 11 bankruptcy.


Barnes & Noble Fires CEO, Calls Him a Poor Fit

Added August 16, 2016

Fortune Magazine reports that Barnes & Noble recently fired their CEO.


Support Wanes for Coal Industry Lobbying Groups

Added August 16, 2016

Support Wanes for Coal Industry Lobbying Groups, as reported by Power Magazine.


SynCardia Systems to emerge from Chapter 11

Added August 16, 2016

The Phoenix Business Journal reports that SynCardia Systems will emerge from Chapter 11 reorganization with a new order.


Hebrew HealthCare Seeks Bankruptcy Protection

Added August 16, 2016

The Hartford Courant reports that Hebrew HealthCare seeks bankruptcy protection.


Retailers Predict Bankruptcy if Back-to-School Sales Fizzle

Added August 16, 2016

The Daily Business Review reports that retailers predict more companies will file bankruptcy, due to failing back-to-school sales.


SunEdison Shareholders Denied Official Role in Bankruptcy

Added August 16, 2016

SunEdison Shareholders have been denied an official role in their bankruptcy filing, as reported by Fortune.com.


Michaels Buys Hancock Fabrics Brand From Bankruptcy

Added August 8, 2016

The Wall Street Journal reports that Michaels Buys Hancock Fabrics Brand From Bankruptcy


Bain Said to Get $3.1 Billion for Credit Fund After Re-Branding

Added August 8, 2016

According to Bloomberg.com, Bain is said to get $3.1 billion for credit fund after re-branding


Assured Guaranty Ltd. Reports Results for Second Quarter 2016

Added August 8, 2016

Business Wire reports Assured Guaranty Ltd. financial results for second quarter 2016


Gulf Keystone Petroleum moving on restructuring

Added August 8, 2016

UPI reports that Gulf Keystone Petroleum is moving on a restructuring plan.


Forward Contract Merchant Waived Ipso Facto Right to Terminate

Added August 8, 2016

Forward Contract Merchant Waived Ipso Facto Right to Terminate, as reported by the American Bankruptcy Institute.


Global Geophysical Services Files for Bankruptcy Protection

Added August 8, 2016

According to the Wall Street Journal, Global Geophysical Services, LLC Files for Bankruptcy Protection.


Trump Taj Mahal announces it will close

Added August 8, 2016

Press of Atlantic City reports that Trump Taj Mahal will soon close its doors.


Avaya Creditor Franklin Said to Ask for Apollo, GSO Support

Added August 8, 2016

Bloomberg Markets reports that a group of Avaya Inc. creditors has approached other senior lenders for restructuring purposes.


Gawker Founder Nick Denton Files For Personal Bankruptcy

Added August 8, 2016

Forbes reports that Nick Denton, the founder of Gawker, has filed for personal bankruptcy.


Under Armours Profit Tumbles As Sports Authority Bankruptcy Takes Toll

Added August 8, 2016

Under Armours Profit Tumbles As Sports Authority Bankruptcy Takes Toll, as reported by Forbes.


David Einhorn Bets Citron Research Is Wrong About Chemours Being Designed For Bankruptcy

Added August 8, 2016

According to Forbes, David Eilhorn bets on Citron Research in regards to Chemours and bankruptcy.


Wylys private annuities not exempt

Added August 8, 2016

Forbes reports that Wylys Private Annuities are not exempt under Texas exemption law.


Essar Steel Minnesotas Chapter 11 Bankruptcy: Another Victim

Added August 8, 2016

According to Forbes, Essar Steel Minnesota's Chapter 11 Bankruptcy is a victim of the Chinese steel industry


Athletes Will Not Be Able To Stop Olympic Trainwreck This Time

Added August 8, 2016

Forbes opins that athletes will not be able to stop a financial trainwreck affecting the olympics in 2016.


History Not A Guide For Possible Chicago Public Schools Bankruptcy

Added August 8, 2016

According to Forbes, history is not a guide for a possible bankruptcy filing by the Chicago Public Schools.


Time For A Permanent Home For The Olympics Before It Bankrupts Another City

Added August 8, 2016

Forbes reports on the need for a permanent home for the Olympics.


Don't Be So Sure That States Can't Go Bankrupt

Added August 8, 2016

Fobes reports that states should be so sure that they cannot end up filing bankruptcy.


Hosting Olympics Bankrupts Another Place: Rio De Janeiro Declares Financial Disaster

Added August 8, 2016

According to Forbes, Rio de Janeiro has declared financial ruin upon hosting the Olympic games.


Can A Lawyer-Turned-CEO Revive Mrs. Winners, Four Years After The Chicken Chain Went Bankrupt?

Added August 8, 2016

This article explores fast food chicken chain, Mrs. Winners and its success since filing bankruptcy.


Golfsmith Is Considering Filing for Bankruptcy

Added August 8, 2016

Bloomberg Markets reports that Golfsmith is considering filing for Chapter 11 bankruptcy.


Logans Roadhouse Said to Plan Bankruptcy Amid Restaurant Slump

Added August 8, 2016

According to Bloomberg, Logans Roadhouse is planning to file bankruptcy, amid restaurant slump


Gawker Founder in Bankruptcy After Losing Hulk Hogan Case

Added August 8, 2016

Bloomberg Technology reports that Nick Denton recently filed bankruptcy after loosing a legal case against Hulk Hogan.


What Quiznos Co-Founder Thinks of Its Bankruptcy

Added August 8, 2016

Bloomberg reports on the Quiznos co-founder and his thoughts of bankruptcy.


Golfs Lost Appeal Leaves Nike, Golfsmith Singing Bogey Blues

Added August 8, 2016

Golfs Lost Appeal Leaves Nike, Golfsmith Singing Bogey Blues, as reported by Bloomberg.com.


Detroit Bankruptcy Exit Has A Ways to Go

Added August 8, 2016

Detroit Bankruptcy Exit Has `A Ways to Go': Ridley, as reported by Bloomberg.


SunEdison Cancels Yieldco Payments, Fraying Relationships

Added August 8, 2016

The Washington Post reports that SunEdison has canceled two payments to yieldco.


Toronto Animation Studio Behind Thomas the Tank Engine Files for Bankruptcy

Added August 8, 2016

People.com reports that Arc Productions has filed for bankruptcy protection in Toronto.


Flying Star cites recession, competition as reasons for bankruptcy

Added August 8, 2016

The ABQ Journal reports that Flying Star cites the recession and growing competition as reasons for filing bankruptcy.


San Antonio airport shuttle company files for bankruptcy protection

Added August 7, 2016

City Tours Inc, a San Antonio, Texas airport shuttle company files for Chapter 11 bankruptcy protection.


C-Leveled files Chapter 11

Added August 7, 2016

C-Leveled, LLC, a company that provided services, space and funding to startups, filed Chapter 11.


Upstream energy co. Halcon Resources files for Chapter 11

Added August 7, 2016

Halcón Resources Corp. and 21 affiliated companies filed Chapter 11 petitions and a prepackaged restructuring plan on July 27, 2016.


Shareholders Reject, Criticize Hercules Offshore Plan to Liquidate

Added August 1, 2016

According to the Wall Street Journal, shareholders reject and criticize the Hercules Offshore plan to liquidate.


Sports Authoritys Demise Shakes Faith in Consignment Deals

Added August 1, 2016

Bloomberg reports that Sports Authoritys demise shakes faith in consignment deals


Claires Stores to begin debt restructuring talks

Added August 1, 2016

Reuters reports that Claires Stores begin debt restructuring talks.


Kmarts retail experiment is freaking out employees

Added August 1, 2016

According to reports by the New York Post, Kmarts retail experiment is freaking out employees.


The Oil Markets Next Big Test

Added August 1, 2016

Bloomberg Gadfly reports on the oil markets next big test.


California Has Some Unfinished Business with Law Firm Bankruptcies

Added August 1, 2016

Bloomberg Law reports that California has some unfinished business with law firm bankruptcies


Claires banking on back-to-school sales to avoid bankruptcy

Added August 1, 2016

Claires is banking on back-to-school sales to avoid bankruptcy, as reported by the New York Post.


Judge moves to end Sabine Oils bitter bankruptcy

Added August 1, 2016

Reuters reports that a judge moves to end the Sabine Oil bankruptcy


Oil down 3 percent after surprise U.S. crude, gasoline builds

Added August 1, 2016

Oil down 3 percent after surprise U.S. crude, gasoline builds, as reported by Reuters


Czech government approves loan to help miner OKD

Added August 1, 2016

Czech government approves loan to help miner OKD, as reported by Reuters.


China Fisherys Bankruptcy Bid Deepens Bond Pain on Peru Concern

Added August 1, 2016

Bloomberg reports that the China Fishery bankruptcy bid deepens the bond pain on Peru concern.


Sears To TWICE: Kmarts A Key Asset

Added August 1, 2016

Sears To TWICE: Kmarts A Key Asset, as reported by Twice.com


Chicago Still Has Time to Embrace Pension Reform, Moodys Says

Added August 1, 2016

Bloomberg reports that the City of Chicago still has time to embrace pension reform.


Distress in the oil and gas industry: What happened to the price of oil?

Added August 1, 2016

JD Supra Advisor reports on distress in the oil and gas industry and asks the question, What happened to the price of oil?


Two New York Judges Disagree on Anti-Ipso Facto Law and Lehman Flip Clauses

Added August 1, 2016

The American Bankruptcy Institute reports that two New York judges reportedly disagree on Anti-Ipso Facto Law and Lehman Flip Clauses.


We May Have Hit Peak Restaurant

Added August 1, 2016

Bloomberg Gadfly reports, We May Have Hit Peak Restaurant


Delta pilots case against PBGC advances

Added August 1, 2016

Pensions & Investments reports that former Delta Airlines pilots file a case against the PBGS.


Broncos Want $1M From Sports Authority Over Ad Deal

Added August 1, 2016

Law360 reports that the Broncos want $1M from Sports Authority over an advertising deal.


Oi Creditors Get Pushback From Aurelius on New Restructuring

Added August 1, 2016

According to Bloomberg, Oi creditors get pushback from Aurelius on new restructuring deal.


Moodys: Paid-to-Pump Oil Executives Bad for Bondholders

Added August 1, 2016

A recent report by Moodys states that paid-to-pump oil executives are bad for bondholders, as reported by the Wall Street Journal.


Bankruptcy Court Nixes Contrarian Capital Bid for Energy Future Mediation

Added August 1, 2016

HighYieldBond.com reports that the US Bankruptcy court nixes a contrarian capital bid for Energy Future mediation.


Perry Alumnus Said to Raise $1.3 Billion for Distressed Fund

Added August 1, 2016

Bloomberg reports that a Perry Capital alumnus has reportedly raised $1.3B for a distressed fund.


Puerto Rico Sued for Diverting Cash After Federal Law Passed

Added August 1, 2016

Bloomberg reports that Puerto Rico has been sued for diverting cash after a federal law was passed


Novation Companies, Inc. and Subsidiaries Commence Voluntary Chapter 11 Business Reorganization

Added August 1, 2016

According to PRNewswire, Novation Companies, Inc. and its subsidiaries commence a voluntary Chapter 11 business reorganization.


SunEdison retirement plan takes hit on company stock investments

Added August 1, 2016

According to Reuters, the SunEdison retirement plan takes a hit on the companys stock investments


Ground Zero of Chinas Slowdown Leaves Locals Looking for Exit

Added August 1, 2016

Bloomberg reports that Ground Zero of Chinas slowdown Leaves Locals Looking for Exit


An Ugly Hump Day for Oil

Added August 1, 2016

Bloomberg Gadfly reports on an Ugly Hump Day for Oil


Midstream Contracts Remain in Doubt in Bankruptcy

Added August 1, 2016

JD Supra Business Advisor reports that midstream contracts remain in doubt in bankruptcy


Sports Authority creditors want bankruptcy case converted

Added July 25, 2016

The Denver Post reports that Sports Authority creditors want their chapter 11 bankruptcy case converted to a chapter 7.


Gailardia Club Woes Spawned Phil Herrington Bankruptcy

Added July 25, 2016

Arkansas Business reports that financial problems at the Gaillardia Golf & Country Club contributed to the Herrington Chapter 11 bankruptcy.


Brazil court picks PricewaterhouseCoopers as Oi bankruptcy administrator

Added July 25, 2016

Reuters reports that a Brazil court picks PricewaterhouseCoopers as the bankruptcy administrator for Oi SA.


With its bankruptcy concluded, Verso stock begins trading again

Added July 25, 2016

According to the Press Herald, Verso stock begins trading again once its bankruptcy has concluded.


Owners of former Portsmouth bar seek bankruptcy

Added July 25, 2016

The Union Leader reports that Owners of former Portsmouth bar seek bankruptcy after wrongful death lawsuit.


Former Subprime Lender NovaStar Files for Bankruptcy

Added July 25, 2016

The Wall Street Journal reports that NovaStar files for Chapter 11 bankruptcy.


Unsecured creditors seek quick end to Sports Authority bankruptcy

Added July 25, 2016

Unsecured creditors seek quick end to Sports Authority bankruptcy, as reported by Reuters.


Bankruptcy judge lets Hogan continue suit against Gawker founder

Added July 25, 2016

Bankruptcy judge lets Hogan continue lawsuit against Gawker founder, as reported by Politico.


C&J Energy files for bankruptcy to cut $1.4 billion in debt

Added July 25, 2016

According to Reuters, C&J Energy files for bankruptcy to cut $1.4 billion in debt.


Hastings closing stores, liquidating amid bankruptcy

Added July 25, 2016

According to reports by the Bozeman Daily Chronicle, Hastings is actively closing stores and liquidating amid a recent bankruptcy filing.


Napa auto dealer bankruptcy leaves buyers in the lurch

Added July 25, 2016

The Napa Valley Register reports that the Napa Chrystler, Inc. bankruptcy leaves buyers in a lurch.


General Motors scrambles after supplier bankruptcy

Added July 25, 2016

According to the European Rubber Journal, GM scrambles after supplier bankruptcy filing.


C&J Energy Services Files for Bankruptcy

Added July 25, 2016

C&J Energy Services Files for Bankruptcy, as reported by the Wall Street Journal.


Objections filed in Hastings bankruptcy case

Added July 25, 2016

News Channel 10 reports that objections were iled in the Hastings bankruptcy case


Brazils Banks Ramp Up Bid to Halt Torrent of Bankruptcy Filings

Added July 25, 2016

Bloomberg reports that Brazil banks ramp up bids to halt torrent of bankruptcy filings.


Aeropostale Bankruptcy Plan Filed

Added July 25, 2016

According to Bankrupt Company News, Aeropostale has filed a plan for bankruptcy.


Gionees Sub-Brand, IUNI has Filed for Bankruptcy

Added July 25, 2016

According to TechPP, IUNI has Filed for bankruptcy.


Why Media Companies And Celebrities Go Broke

Added July 25, 2016

Forbes explores why both media companies and celebrities go broke.


4 Lessons for Investors to Learn from California Fitness Bankruptcy

Added July 25, 2016


Bankrupt coal giant turns to grass in Wyoming to cut liabilities

Added July 25, 2016

Reuters reports that bankrupt coal giant, Peabody Energy Corp, turns to grass in Wyoming to cut liabilities.


San Diego cancels projects for troubled solar firm

Added July 25, 2016

The San Diego Union Tribune reports that the City of San Diego cancels projects for troubled solar firm, SunEdison.


Heres How Much Faster U.S. Companies Are Defaulting Than a Year Ago

Added July 25, 2016

Fortune Magazine investigates how much faster US companies are defaulting than a year ago.


Saudi Arabian Conglomerate Agrees to $6 Billion Debt Plan With Creditors

Added July 25, 2016

The Wall Street Journal reports a Saudi Arabian conglomerate, Ahmad Hamad Algosaibi and Brothers, has agreed to a $6 billion debt plan with its creditors.


Tech Giants Boast an Edge in Music Streaming

Added July 25, 2016

The Wall Street Journal reports that giant tech companies boast an edge in the music streaming business.


Solid leadership: Lessons In The Art Of The Turnaround From U.S. Concrete

Added July 25, 2016

Forbes reports on Solid leadership: Lessons In The Art Of The Turnaround From U.S. Concrete


GM profits: Triumph and trouble

Added July 25, 2016

GM profits: Triumph and trouble, as reported by Automotive News.


Is Honeywell Priming for a breakup?

Added July 25, 2016

Bloomberg Gadfly reports, Is Honeywell Priming for a breakup?


Heavy oil debt slows rebound

Added July 25, 2016

According to the Midland Reporter-Telegram, heavy oil debt slows abd big borrowing leads to a painful market recovery


Aeropostale Accuses Sycamore Partners of Loan to Own Scheme

Added July 25, 2016

Aeropostale accuses Sycamore partners of a loan to own scheme


Retails pain is self inflicted

Added July 18, 2016

BloombergGadfly reports that the retail industrys sales slump is partially self-inflicted.


Verso emerges from bankruptcy, to again list stock on NYSE

Added July 18, 2016

Verso emerges from bankruptcy, to again list stock on NYSE, as reported by the Press Herald.


GM scrambles after supplier bankruptcy

Added July 18, 2016

Automotive News reports that GM scrambles after supplier bankruptcy.


Oklahoma energy companies work toward emerging from bankruptcy

Added July 18, 2016

News Oklahoma reports that Oklahoma energy companies work toward emerging from bankruptcy


Baltimore architecture firm DDG files Chapter 11 bankruptcy petition

Added July 18, 2016

The Baltimore Sun reports that Baltimore architecture firm DDG files Chapter 11 bankruptcy petition


Vendors to get little in Erie County Farms' bankruptcy plan

Added July 18, 2016

Go Erie reports that vendors are to receive very little in Erie County Farms' bankruptcy plan


Supplier bankruptcy filing could disrupt GM production

Added July 18, 2016

The Detroit Free Press reports that supplier bankruptcy filing could disrupt GM production.


Claires guidance sets off new strategies as bondholders examine default scenarios

Added July 18, 2016

Debt Wire reports that Claires guidance sets off new strategies as bondholders examine default scenarios


Pernix in talks with creditors about debt restructuring -sources

Added July 18, 2016

Reuters reports that Pernix in talks with creditors about debt restructuring -sources


H.I.G. Invests in Distressed Italian Debt by Working With Banks

Added July 18, 2016

Bloomberg reports that H.I.G. Invests in Distressed Italian Debt by Working With Banks


Hastings suspends movie rentals, gift card use

Added July 18, 2016

The Great Falls Tribune reports that Hastings suspends movie rentals, gift card use


New Gulf Returns From Chapter 11 With New Name, Eagle Ford Acreage

Added July 18, 2016

According to Oil and Gas Investor, New Gulf Returns From Chapter 11 With the name, Eagle Ford Acreage.


Appeals Court Says Medicare Can Cut Off Nursing Home in Bankruptcy

Added July 18, 2016

According to the Wall Street Journal, the US Appeals Court says Medicare can cut off services to nursing homes that are currently in bankruptcy.


Short specialist takes dead aim at Stamps.com

Added July 18, 2016

Seeking Alpha reports that Short specialist takes dead aim at Stamps.com


Illinois seeks to shut down state Obamacare insurer

Added July 18, 2016

According to the Chicago Tribune, Illinois seeks to shut down Land of Lincoln Health; over 49,000 will lose their health coverage benefits.


Why Lending Club and Its Rivals Will Get More Government Scrutiny

Added July 18, 2016

The Street reports why Lending Club and Its rivals will get more government scrutiny.


Burburrys wardrobe malfunction

Added July 18, 2016

BloombergGladfly reports on Burburrys wardrobe malfunction.


Social Music Startup Crowdmix Is Going Under

Added July 18, 2016

Forbes reports that social music startup Crowdmix Is going under.


China Fishery Chapter 11 Bankruptcy Opposition Grows

Added July 18, 2016

According to the Wall Street Journal, China Fishery Chapter 11 Bankruptcy Opposition Grows.


Aspect Software Announces Court Approval of Plan to Deleverage Its Balance Sheet, Reducing Long-Term Debt by 40%

Added July 18, 2016

Business Wire reports that Aspect Software Announces Court Approval of Plan to Deleverage Its Balance Sheet, Reducing Long-Term Debt by 40%


C&J Energy Services Enters Into Restructuring Support Agreement With Key Creditors

Added July 18, 2016

Seeking Alpha reports that C&J Energy Services Enters Into Restructuring Support Agreement With Key Creditors


Oil Falls to Two-Month Low as U.S. Rig Count Rises, Dollar Firms

Added July 18, 2016

Bloomberg reports that Oil Falls to Two-Month Low as U.S. Rig Count Rises, Dollar Firms.


LendingClubs Newest Problem: Its Borrowers

Added July 18, 2016

LendingClubs Newest Problem: Its Borrowers, reported by the Wall Street Journal.


Sports Authority sells it customer database to Dicks Sporting Goods for $15 million

Added July 18, 2016

JD Supra reports that Sports Authority sells it customer database to Dicks Sporting Goods for $15 million


Unloved Coal Seen Surging as China Cuts Collide With La Nina

Added July 18, 2016

According to Bloomberg, Unloved Coal Seen Surging as China Cuts Collide With La Nina.


Tech job postings are down 40% and nobodys talking about it

Added July 18, 2016

Medium.com reports that Tech job postings are down 40% and nobodys talking about it


Florida Heart Center Asks Judge to Approve Justice Department Settlement

Added July 18, 2016

According to the Wall Street Journal, Florida Heart Center Asks Judge to Approve Justice Department Settlement.


Xerox said to be in talks to acquire, then split Chicago-based R.R. Donnelley

Added July 18, 2016

The Chicago Tribune reports that Xerox said to be in talks to acquire, then split Chicago-based R.R. Donnelley.


Federal Government Enacts New Restructuring Law for U.S. Territories and Their Instrumentalities

Added July 18, 2016

Business & Finance Restructuring reports that Federal Government Enacts New Restructuring Law for U.S. Territories and Their Instrumentalities.


Takata Will Restructure, Seek Cash Amid Air-Bag Recalls

Added July 18, 2016

Takata Will Restructure, Seek Cash Amid Air-Bag Recalls, reported by the Wall Street Journal.


International Shipholding Corporation Provides Update On Implementation Of Strategic Plan

Added July 18, 2016

The International Shipholding Corporation reports that International Shipholding Corporation Provides Update On Implementation Of Strategic Plan


Boston Grand Prix files for bankruptcy, owes $1.6M in ticket refunds

Added July 11, 2016

Boston Grand Prix files for bankruptcy, owes $1.6M in ticket refunds, as reported by ESPN.com.


Grand Prix of Boston bankruptcy delays AG Healey from filing lawsuit

Added July 11, 2016

Grand Prix of Boston bankruptcy delays AG Healey from filing lawsuit, reported by the Boston Herald.


Midstates Can Poll Creditors on Bankruptcy-Exit Plan

Added July 11, 2016

The Wall Street Journal reports that Midstates Petroleum can poll creditors on bankruptcy-exit plan.


Bankruptcy Court Resolves Another Dispute Between Sports Authority And Consignment Vendors

Added July 11, 2016

The Consumerist reports that the bankruptcy court resolves another dispute between Sports Authority and more consignment vendors.


Bing files for bankruptcy, sues vendors

Added July 11, 2016

The Tallahassee Democrat reports that Bing files for bankruptcy and sues some of its vendors.


Oi Investor Seeks to Oust Board Members in Bankruptcy Twist

Added July 11, 2016

Bloomberg reports that Oi Investor Seeks to Oust Board Members in Bankruptcy Twist.


Oi investor urges new board after record Brazil bankruptcy filing

Added July 11, 2016

Oi investor urges new board after record Brazil bankruptcy filing, as reported by Reuters.


Essars US unit files for bankruptcy

Added July 11, 2016

Rediff reports that Essars US unit files for bankruptcy.


Cleanup obligation is core to plan for coal giant Alpha to exit bankruptcy

Added July 11, 2016

According to the Washington Post, the cleanup obligation is core to plan for coal giant Alpha Natural Resources to exit bankruptcy.


Gawker Gets Approval From Court To Begin Bankruptcy Proceedings

Added July 11, 2016

Gawker Gets Approval From Court To Begin Bankruptcy Proceedings, as reported by the International Business Times.


Brexit reveals the complete bankruptcy of the European Union

Added July 11, 2016

American Thinker reports that Brexit reveals the complete bankruptcy of the European Union


Essar Steel Minnesota files for bankruptcy

Added July 11, 2016

Essar Steel Minnesota files for bankruptcy, as reported by the Business Standard.


St. Clairsville-Based Murray Energy Trying to Avoid Bankruptcy

Added July 11, 2016

St. Clairsville-Based Murray Energy Trying to Avoid Bankruptcy, reported by the Wheeling News Register.


Ovation Brands files for bankruptcy

Added July 11, 2016

Ovation Brands files for bankruptcy,reported by NRN.com.


Fairways Area Stores To Stay Open After Emerging From Bankruptcy

Added July 11, 2016

The Armonk Daily Voice reports that Fairway Foods area stores will stay open after emerging from bankruptcy.


Colorado Springs car dealerships transitions from generation to generation not always easy

Added July 11, 2016

The Gazette reports that Colorado Springs car dealerships transition from generation to generation is not always easy.


KaloBios Emerges from Chapter 11 Bankruptcy

Added July 11, 2016

KaloBios reportedly emerges from Chapter 11 Bankruptcy.


Bankruptcy Legislation for Big Banks Gains Steam

Added July 11, 2016

The Wall Street Journal reports that bankruptcy legislation for big banks gains steam.


Total Hockey retailer files for Chapter 11 bankruptcy in St. Louis

Added July 11, 2016

The Star Tribune reports that Total Hockey retailer files for Chapter 11 bankruptcy in St. Louis.


Seventy Seven Finance Inc files for Chapter 11 bankruptcy protection

Added July 11, 2016

According to Reuters, Seventy Seven Finance files for Chapter 11 bankruptcy protection.


Essar Steel Minnesota files for Chapter 11 bankruptcy protection

Added July 11, 2016

Essar Steel Minnesota files for Chapter 11 bankruptcy protection, as reported by Reuters.


Delaware judge rules DFC Global was sold too cheaply in 2014

Added July 11, 2016

Reuters reports that a Delaware judge rules that DFC Global Corp was sold too cheaply in 2014.


Pharmathene gets $20 mln payment from Siga to extend payment deadline

Added July 11, 2016

According to Reuters, Pharmathene gets $20 mln payment from Siga Technologies to extend payment deadline.


Essar Steel Minnesotas Chapter 11 Bankruptcy

Added July 11, 2016

Forbes reports on Essar Steel Minnesotas Chapter 11 Bankruptcy.


Essar Steel Minnesota files for bankruptcy as Dayton pulls mineral leases

Added July 11, 2016

The Duluth News Tribune reports that Essar Steel Minnesota files for bankruptcy as Dayton pulls mineral leases.


Bankruptcy Threat Pondered in Chicago Discussion

Added July 11, 2016

The Bond Buyer reports that a bankruptcy threat is pondered in Chicago municipal discussions.


Dozens of Big Greek Businesses Face Bankruptcy

Added July 11, 2016

The National Herald reports that dozens of big greek businesses now face bankruptcy.


Franklin Hospital officials: Were not going bankrupt anytime soon

Added July 11, 2016

The Southern Illinoisian reports on Franklin Hospital and their bankruptcy status.


C&J hopes to restructure, avoid bankruptcy under another CEO

Added July 11, 2016

C&J hopes to restructure and avoid bankruptcy under another CEO, as reported by the Midland Reporter Telegram.


SynCardia Files for Chapter 11 Bankruptcy

Added July 8, 2016

SynCardia files for Chapter 11 bankruptcy, as reported by Biospace.com.


Grand Prix race in Boston files for bankruptcy

Added July 6, 2016

According to the Boston Globe, the Grand Prix race files for bankruptcy.


IndyCar bankruptcy delays Healey from filing lawsuit

Added July 6, 2016

The Boston Herald reports that the IndyCar bankruptcy delays Haley from filing a lawsuit.


Arch Coal wins backing from restive lenders for bankruptcy plan

Added July 6, 2016

The Casper Star Tribune reports that Arch Coal wins backing from restive lenders for bankruptcy plan.


How Hostess came back from bankruptcy

Added July 6, 2016

How Hostess came back from bankruptcy, reported by the Christian Science Monitor.


What it took to save the Twinkie

Added July 6, 2016

The Washington Post reports on what it took to save the Twinkie.


Bankruptcy judge approves probe of Gouletas-linked property

Added July 6, 2016

Bankruptcy judge approves probe of Gouletas-linked property, as reported by Chicago Real Estate Daily.


Area bankruptcy filings increase 4.3 percent

Added July 6, 2016

The Buffalo News reports that area bankruptcy filings increase 4.3 percent.


North Dakota joint operating agreements (JOAs) in a bankruptcy case

Added July 6, 2016

The Bismark Tribune reports that North Dakota joint operating agreements (JOAs) in a bankruptcy case.


KaloBios Pharmaceuticals Inc Is Back

Added July 6, 2016

Insider Financial reports that KaloBios Pharmaceuticals Inc is back.


Triangle USA Petroleum files for Chapter 11

Added July 6, 2016

Petro Global News reports that Triangle USA Petroleum files for Chapter 11.


Pfizer Inc Turns to Smaller Acquisitions for Growth

Added July 6, 2016

Bidness Etc. reports that Pfizer Inc Turns to Smaller Acquisitions for Growth


Shop.ca files for bankruptcy

Added July 6, 2016

Shop.ca files for bankruptcy, Betakit reports.


Aeropostale Bankruptcy Objections Filed

Added July 6, 2016

Aeropostale Bankruptcy Objections Filed, reported by Bankrupt Company News.


Brazils bankruptcy law must evolve further as restructuring cases skyrocket

Added July 6, 2016

Latin Lawyer reports that Brazils bankruptcy law must evolve further as restructuring cases skyrocket.


SunEdison Appoints New Finance Team in Wake of Bankruptcy

Added July 6, 2016

According to Electric Light and Power, SunEdison Appoints New Finance Team in Wake of Bankruptcy.


Hostess, Four Years After Bankruptcy, Will Go Public Again

Added July 5, 2016

Hostess, Four Years After Bankruptcy, Will Go Public Again, reported by ABC News.


Arch Coal In New Deal for Bankruptcy Exit Plan

Added July 5, 2016

The Wall Street Journal reports that Arch Coal is in a new deal for a bankruptcy exit plan.


Boston Grand Prix files for bankruptcy

Added July 5, 2016

Boston Grand Prix files for bankruptcy, reported by WCVB Channel 5 news.


Oil, gas explorer Triangle USA Petroleum files bankruptcy

Added July 5, 2016

According to the Midland Reporter Telegram, oil and gas explorer, Triangle USA Petroleum, files for bankruptcy protection.


Embattled GRC Golf Products files for bankruptcy

Added July 5, 2016

Embattled GRC Golf Products files for bankruptcy, reported by the Elkhart Truth newspaper.


GoPro Inc: Ion Worldwides Bankruptcy Is Waving a Red Flag Above GPRO Stock

Added July 5, 2016

Investorplace.com reports that GoPro Inc: Ion Worldwides Bankruptcy Is Waving a Red Flag Above GPRO Stock


Fairway leaves bankruptcy, reorganizes with new board

Added July 5, 2016

New York Business Journal reports that Fairway leaves bankruptcy and reorganizes with a new board.


Federal Grid Company claims ProektStroy bankruptcy application as not justified

Added July 5, 2016

According to Reuters, a Federal Grid Company claims ProektStroy bankruptcy application as not justified.


China Fishery Group Files for Bankruptcy Protection in U.S.

Added July 5, 2016

According to the Wall Street Journal, China Fishery Group Files for Bankruptcy Protection in U.S.


K&C Global receives file for bankruptcy from creditor

Added July 5, 2016

Reuters reports that K&C Global receives a file for bankruptcy from one of its creditors.


Southern Season bankruptcy causes ripples across state

Added July 5, 2016

The Winston Salem Journal reports that the Southern Season bankruptcy causes ripples across the state.


A&P Seeks Bankruptcy Extension

Added July 5, 2016

The Wall Street Journal reports that A&P seeks a bankruptcy extension


AstroTurf Files for Bankruptcy Protection

Added July 5, 2016

AstroTurf Files for Bankruptcy Protection, reported by the Wall Street Journal.


As City, CPS Face Budget Gaps, Bankruptcy Option Looms

Added July 5, 2016

WTTW reports that as the City of Chicago and the Chicago Public Schools face budget gaps, a bankruptcy option looms.


AstroTurf Files for Bankruptcy Protection

Added June 30, 2016

The Wall Street Journal reports that AstroTurf files for bankruptcy protection.


Alchemy On Verge Of Bankruptcy

Added June 30, 2016

Deadline Hollywood reports that Alchemy is on the verge of Bankruptcy


Brazil Court Accepts Telecom Oi Request for Bankruptcy Protection

Added June 30, 2016

According to the Wall Street Journal, a Brazil Court Accepts Telecom Ois Request for Bankruptcy Protection


Bankruptcy Deals Decried by Workers Get High Court Review

Added June 30, 2016

Bloomberg reports that Bankruptcy Deals Decried by Workers Get High Court Review.


Supreme Court to Take Up Challenge to a Bankruptcy Settlement

Added June 30, 2016

The Wall Street Journal reports that the Supreme Court is poised to take up a challenge to a bankruptcy settlement.


Senate Set to Start Voting on Puerto Rico Rescue Package

Added June 30, 2016

Fortune magazine reports that the US Senate is set to start voting on a rescue package for Puerto Rico.


Southern Season files for bankruptcy protection

Added June 30, 2016

Southern Season files for bankruptcy protection, as reported by the Richmond-Times Dispatch.


Hotel site at center of fraud case lands in bankruptcy

Added June 30, 2016

Crains Chicago Business reports that a hotel site at the center of a fraud case files bankruptcy.


Supreme Court takes up 'structured dismissal' in bankruptcy

Added June 30, 2016

Reuters reports that the US Supreme Court takes up a structural dismissal in bankruptcy.


Heres the Biggest Winner of the Sports Authority Bankruptcy

Added June 29, 2016

Fortune.com explores the biggest winners in the Sports Authority bankruptcy case.


Small Alaska firms fighting off money collectors in Buccaneer bankruptcy case

Added June 29, 2016

According to the Atlanta Dispatch News, some small Alaska firms are fighting off money collectors in the Buccaneer bankruptcy case.


John Q. Hammons hotel chain declares bankruptcy to focus on legal issues

Added June 29, 2016

The Kansas City Star reports that the John Q. Hammons hotel chain has declared bankruptcy to focus on legal issues.


Topeka developer wants his federal bankruptcy case declared complex

Added June 29, 2016

WIBW Channel 13 reports that a Topeka developer wants his federal bankruptcy case declared complex.


Versos Plan of Reorganization Confirmed by Bankruptcy Court

Added June 29, 2016

Versos Plan of Reorganization has been confirmed by the Bankruptcy court, as reported by PR Newswire.


Kalobios Pharma says bankruptcy court confirmed amended plan of reorganization

Added June 29, 2016

According to Reuters, Kalobios Pharma says that the bankruptcy court has confirmed an amended plan of reorganization.


Santa Fe Gold Emerges From Chapter 11 Bankruptcy

Added June 29, 2016

Nasdaq reports that Santa Fe Gold emerges from Chapter 11 bankruptcy.


Online bankruptcy auction a sign of things to come with new Ohio foreclosure law

Added June 29, 2016

PR Newswire reports that Online bankruptcy auctions will be a sign of things to come with a new Ohio foreclosure law


Wearable Camera Maker iON Worldwide Files for Bankruptcy

Added June 28, 2016

The Wall Street Journal reports that wearable camera maker, iON Worldwide, files for bankruptcy protection.


Hammons Hotels files for Chapter 11 bankruptcy

Added June 28, 2016

KY3 News reports that Hammons Hotels in Kansas City files for chapter 11 bankruptcy.


Southern Season files for bankruptcy reorganization

Added June 28, 2016

The Post and Courier reports that Southern Season files for bankruptcy reorganization.


Bankruptcy judge confirms Palmaz Scientific reorganization plan

Added June 28, 2016

My Sanantonio.com reports that a bankruptcy judge confirms the Palmaz Scientific reorganization plan.


Brexit and Chicagos potential bankruptcy

Added June 28, 2016

The Madison Record reports on Brexit and Chicagos potential bankruptcy


Los Angeles group buys Bossier City casino after bankruptcy

Added June 28, 2016

The Minden Press-Herald reports that Peninsula Pacific, a Los Angeles investment group is buying DiamondJacks Casino in Bossier City.


John Q Hammons Hotels File for Bankruptcy Protection

Added June 27, 2016

The Wall Street Journal reports that John Q Hammons Hotels File for Bankruptcy Protection.


Sports Authority Gets More Time to Formulate Bankruptcy Plan

Added June 27, 2016

New Brunswick Today reports that Sports Authority has more time to formulate bankruptcy plan.


Southern Season files for Chapter 11

Added June 27, 2016

According to the Charlotte Business Journal, Southern Season files for Chapter 11 bankruptcy protection.


This Company Just Filed Brazils Biggest Bankruptcy Ever

Added June 27, 2016

Fortune Magazine reports that Oi filed for Brazils largest ever bankruptcy protection.


British EU Vote Unnerves World Leaders And Markets

Added June 27, 2016

According to the Huffington Post World Markets, the British EU Vote has unnerved World Leaders And Markets.


Trump Bankruptcy Math Doesn't Add Up

Added June 27, 2016

NBC News reports that Republican Presidential candidate Donald Trumps bankruptcy math doesnt add up.


Famed attorney F. Lee Bailey files for bankruptcy in Maine

Added June 27, 2016

The Windsor Star reports that famed O.J. Simpson attorney, F. Lee Bailey, files for bankruptcy in Maine.


Oi Files for Brazilian Record $19 Billion Bankruptcy Protection

Added June 21, 2016

Bloomberg reports that Oi Files for Brazilian Record $19 Billion Bankruptcy Protection.


Gov. Rauner: Bankruptcy for CPS Might Be Best Option

Added June 21, 2016

Gov. Rauner proclaims that bankruptcy for the Chicago Public Schools might be the best option, reported by Chicago Tonight.


Maxus Energy Enters Bankruptcy

Added June 21, 2016

The Wall Street Journal reports that Maxus Energy has entered bankruptcy.


Plant Grower Zelenka Farms Files for Bankruptcy, Blaming Rain

Added June 21, 2016

Nasdaq reports that plant grower, Zelenka Farms, files for bankruptcy; blaming the bankruptcy filing on the rain.


Maxus Energy Files for Bankruptcy Protection

Added June 20, 2016

The Wall Street Journal reports that Maxus Energy files for bankruptcy protection.


Here's what its like to work for a bankrupt retailer

Added June 20, 2016

Business Insider explores what it is like to work for a bankrupt retailer.


Could bankruptcy change the flow of Flint water?

Added June 20, 2016

Michigan Radio explores whether bankruptcy could change the flow of the Flint water problem.


Condo project in Richmond's West End enters Chapter 11 bankruptcy

Added June 20, 2016

The Richmond Times-Dispatch reports that a condo project in Richmond's West End enters Chapter 11 bankruptcy.


Emails: Alpha shareholders duped by Chapter 11 filing

Added June 20, 2016

The Register Herald reports that emails led to Alpha shareholders being duped by a Chapter 11 filing.


Hartford seeks fiscal solutions outside bankruptcy

Added June 20, 2016

The City of Hartford seeks fiscal solutions outside bankruptcy, reported by the Hartford Business Journal.


Oregon data center company files bankruptcy after $100 million 'Game of War' dispute

Added June 20, 2016

According to Oregon Live, an Oregon data center company files bankruptcy after $100 million 'Game of War' dispute.


Hastings files bankruptcy

Added June 20, 2016

The Montrose Press reports that Hastings files bankruptcy.


Arch Coal Tweaks Chapter 11 Plan, Creditors Threaten to Sue

Added June 20, 2016

According to the Wall Street Journal, Arch Coal Tweaks Chapter 11 Plan, Creditors Threaten to Sue.


Hastings Entertainment & Allegro Media Corps Different Strategies for Handling Financial Woes

Added June 20, 2016

Billboard Magazine investigates Hastings Entertainment & Allegro Media Corps Different Strategies for Handling Financial Woes.


Gawker gets bankruptcy financing from Cerberus

Added June 20, 2016

According to USA Today, Gawker gets bankruptcy financing from Cerberus.


Court Wrestles Over Whether Gawker CEO Can Hide Behind Bankruptcy Shield

Added June 20, 2016

According to Forbes, a court wrestles over whether the CEO of Gawker can hide behind the bankruptcy shield.


Langermann's in Canton again files for bankruptcy protection while sales continue to grow

Added June 20, 2016

Langermann's in Canton again files for bankruptcy protection while sales continue to grow, reports the Baltimore Business Journal.


Gulf Chemical & Metallurgical Files for Bankruptcy Protection

Added June 20, 2016

Gulf Chemical & Metallurgical Files for Bankruptcy Protection, reports the Wall Street Journal.


High court rules against Puerto Rico in debt case

Added June 20, 2016

High court rules against Puerto Rico in debt case, reports the Denver Post.


Tiber enters Chapter 11

Added June 20, 2016

According to the Richmond Biz Sense, Tiber Partners LLC enters Chapter 11.


San Bernardino moves toward bankruptcy exit

Added June 20, 2016

San Bernardino moves toward bankruptcy exit


Data Center Provider Peak Hosting Files for Bankruptcy

Added June 20, 2016

Data Center Provider Peak Hosting Files for Bankruptcy, reports Data Center Knowledge.


San Bernardino headed toward unexpected budget surplus

Added June 20, 2016

The Sun reports that the City of San Bernardino is headed toward an unexpected budget surplus.


With oil price near $50, resilient U.S. shale producers eye new chapter

Added June 20, 2016

Reuters reports that with oil prices near $50, resilient U.S. shale producers eye a new chapter.


Talk360 to continue after RBN bankruptcy

Added June 20, 2016

Talk360 to continue after RBN bankruptcy, reports the Telecompaper.


Ownership of Aspen Kitchen is in question

Added June 20, 2016

The Aspen Times reports that the ownership of the Aspen Kitchen is in question.


Sports Authority's Mile High naming-rights gambit

Added June 20, 2016

CBS News reports on Sports Authority's Mile High naming-rights gambit


Reckoning Near for Merger of Energy Transfer and Williams

Added June 20, 2016

The New York Times Deal Book reports that reckoning is near for a merger of the Energy Transfer Companies and the Williams companies.


As Wind Power Lifts Wyomings Fortunes, Coal Miners Are Left in the Dust

Added June 20, 2016

As Wind Power Lifts Wyomings Fortunes, Coal Miners Are Left in the Dust, as reported by the New York Times.


Industrial output fell in May; auto production plummets

Added June 20, 2016

According to The Detroit News, Falling auto production fueled a broader decline in U.S. industrial output in May, a potentially worrying sign that manufacturers face economic challenges.


Texas-based Hastings Entertainment in Chapter 11 bankruptcy

Added June 16, 2016

Texas-based Hastings Entertainment has reportedly filed Chapter 11 bankruptcy


KaloBios Bankruptcy Plan, Shkreli Settlement Win Court Approval

Added June 16, 2016

Bloomberg reports that KaloBios Pharmaceuticals Inc. won bankruptcy court approval of a reorganization plan.


Peak Hosting Files for Bankruptcy Amid Videogame Dispute

Added June 16, 2016

The Wall Street Journal reports that Peak Hosting files for bankruptcy, amid a videogame dispute.


Horsehead had attractive offers before bankruptcy, shareholder group says

Added June 13, 2016

According to the Pittsburg Post-Gazette, Horsehead had attractive offers before bankruptcy, shareholder group says


Online publisher Gawker Media files for bankruptcy

Added June 13, 2016

Online publisher Gawker Media files for bankruptcy


Ex-CEO of Monarch Mortgage Ted Yoder arrested on bankruptcy fraud charge

Added June 13, 2016

Ex-CEO of Monarch Mortgage Ted Yoder arrested on bankruptcy fraud charge, reported by The Virginia Pilot.


Snyders administration prepared for DPS bankruptcy ahead of legislative deal

Added June 13, 2016

Snyders administration prepared for DPS bankruptcy ahead of legislative deal, reported by Crains Detroit.


South Tampa nightclub files for Chapter 11 bankruptcy protection

Added June 13, 2016

According to the Tampa Bay Business Journal, the Hyde Park Cafe files for Chapter 11 bankruptcy protection


Judge approves settlement in Billings neurosurgeon bankruptcy

Added June 13, 2016

According to the Billings Gazette, a judge approves settlement in Billings neurosurgeon bankruptcy


Foreign buyers snap up lowly-rated US corporate debt

Added June 13, 2016

According to The Financial Times, Foreign buyers snap up lowly-rated US corporate debt.


Waddell & Reeds credit rating is lowered close to junk bond status

Added June 13, 2016

According to the Kansas City Star, Waddell & Reeds credit rating is lowered close to junk bond status.


U.S. Consumer Sentiment Fell Slightly in June

Added June 13, 2016

Nasdaq reports that U.S. Consumer Sentiment Fell Slightly in June.


The End of the U.S. Manufacturing Renaissance (Such as It Was)

Added June 13, 2016

Bloomberg reports on the end of the U.S. manufacturing renaissance.


Which U.S. Cities Suffer the Most During a Recession?

Added June 13, 2016

The Atlantic Citylab reports which U.S. cities suffer the most during a recession.


Negative Rates Alone Struggle to Lift Growth

Added June 13, 2016

According to the Wall Street Journal, Central banks are having a difficult time in their efforts to stimulate slumping economies.


Experts sharply divided over whether surging home prices signal new bubble

Added June 13, 2016

CNBC reports that experts are sharply divided over whether surging home prices signal a new housing bubble.


Moodys cuts Illinois bond rating to Baa2 over political impasse

Added June 13, 2016

CNBC reports that Moody has cut Illinois bond rating to Baa2 over political impasse.


Expect more oilpatch bankruptcies

Added June 13, 2016

ValueWalk reports that the number of companies filing for bankruptcy protection in the North American oil patch rose at the end of the first quarter.


What does a debt plan mean for Puerto Rico?

Added June 13, 2016

USA Today investigates what a debt plan means for Puerto Rico.


How OPEC lost its iron grip on oil prices

Added June 13, 2016

USA Today reports how OPEC lost its iron grip on oil prices.


We went to Sears and saw why the company is imploding

Added June 13, 2016

Business Insider reports how sales at Sears have been declining for years.


Why Americas gas stations are running out of time

Added June 13, 2016

Slate.com reports why Americas gas stations are running out of time.


US coal production drops to lowest level since 1981

Added June 13, 2016

Mining.com reports that US coal production drops to lowest level since 1981.


Bankruptcy Court OKs Fairways Plan for Reorganization

Added June 13, 2016

The Gourmet Retailer reports that the U.S. Bankruptcy court OKs Fairways Plan for Reorganization.


Oklahoma City energy company files for bankruptcy protection

Added June 13, 2016

Seventy Seven Energy Inc, an Oklahoma City energy company files for bankruptcy protection.


Prestigious Joffrey Ballet School Faces Bankruptcy After Ruthless Rent Hike

Added June 13, 2016

According to NY Curbed, the prestigious Joffrey Ballet School faces bankruptcy after a ruthless rent hike.


Bankruptcy blows a potential storm toward Sheffield Wind Farm

Added June 13, 2016

The Vermont Watch Dog reports that bankruptcy blows a potential storm toward Sheffield Wind Farm.


Trial Begins in Sabine Oil and Gas Bankruptcy Case

Added June 13, 2016

According to the Wall Street Journal, a trial begins in the Sabine Oil and Gas Bankruptcy case.


Hastings bankruptcy could mean more empty box stores for ABQ real estate

Added June 13, 2016

Albuquerque Business First reports that the Hastings bankruptcy could mean more empty box stores for ABQ real estate.


Gawker Media asks for approval of bankruptcy loan from Cerberus

Added June 13, 2016

Reuters reports that Gawker Media asks for approval of bankruptcy loan from Cerberus.


Aeropostale gets courts OK for $160mm. bankruptcy loan

Added June 13, 2016

Reuters reports that Aeropostale gets courts OK for $160mm. bankruptcy loan.


Moodys downgrades Vertellus PDR to D-PD on bankruptcy filing

Added June 13, 2016

Moody has reportedly downgraded Vertellus PDR to D-PD on bankruptcy filing


Hawaiian Gardens hospital files for Chapter 11 bankruptcy

Added June 9, 2016

Hawaiian Gardens hospital files for Chapter 11 bankruptcy, the Press Telegram reports.


Los Angeles hospital files for bankruptcy as cash collections fall short

Added June 9, 2016

Beckers Hospital CFO reports that a Los Angeles hospital files for bankruptcy as cash collections fall short.


Gardens Regional Hospital Files for Bankruptcy

Added June 9, 2016

The Wall Street Journal reports that Gardens Regional Hospital Files for Bankruptcy


Oilfield service firm Seventy Seven Energy files for bankruptcy

Added June 9, 2016

Reuters reports that Oilfield service firm Seventy Seven Energy files for bankruptcy


A look at House bill to help Puerto Rico with $70B debt

Added June 9, 2016

ABC/KAKC looks at at House bill to help Puerto Rico with $70B debt


Puerto Rico fiscal rescue is poised to pass House as July deadline looms

Added June 9, 2016

Puerto Rico fiscal rescue is poised to pass House as July deadline looms, reported by the Washington Post.


U.S. judge says may be too late to halt lawsuits against Caesars

Added June 9, 2016

Reuters reports that a U.S. judge says it may be too late to halt lawsuits against Caesars.


Three Central Louisiana hospitals file for bankruptcy

Added June 9, 2016

Three Central Louisiana hospitals file for bankruptcy, reported by The Town Talk.com.


Oklahoma City energy company files for bankruptcy protection

Added June 9, 2016

News on 6 reports that an Oklahoma City energy company files for bankruptcy protection


Hastings Entertainment Chain Said to Prepare Bankruptcy Filing

Added June 9, 2016

According to Bloomberg, Hastings entertainment chain is said to prepare bankruptcy filing.


A Suburb on the Brink of Bankruptcy

Added June 9, 2016

The Atlantic.com reports on East Cleveland, a suburb experiencing financial ruin on the verge of filing bankruptcy.


EIG Loses Bid to Have Intervention Bankruptcy Dismissed

Added June 9, 2016

EIG Loses Bid to Have Intervention Bankruptcy Dismissed, reported by the Wall Street Journal.


Hercules files for bankruptcy protection again

Added June 9, 2016

Upstream reports that Hercules files for bankruptcy protection again.


Oil Field Services Provider Seventy Seven Files for Bankruptcy

Added June 8, 2016

The Wall Street Journal reports that Oil Field Services Provider Seventy Seven Files for Bankruptcy


Another OKC energy company files bankruptcy

Added June 8, 2016

Another OKC energy company files bankruptcy, reported by News OK.


Lawyer wants bankruptcy to cover student loans

Added June 8, 2016

According to the SC Times, a lawyer wants bankruptcy to cover student loans.


Caesars bankruptcy mediator says creditor talks deadlocked

Added June 8, 2016

Crain's Chicago Business reports that the Caesars bankruptcy mediator says creditor talks are deadlocked.


Casino Union Calls Caesars Bankruptcy REIT Plan Too Risky

Added June 8, 2016

Bloomberg reports that the Casino Union Calls Caesars Bankruptcy REIT Plan Too Risky


ABC Disposal gets favorable bankruptcy hearing for burnt Rochester plant

Added June 8, 2016

The South Coast Today reports that ABC Disposal gets favorable bankruptcy hearing for burnt Rochester plant.


Distributor blames Family Christian Stores

Added June 7, 2016

According to MLive.com, a distributor blames Family Christian Stores bankruptcy and online competition for shutdown


Vertellus enters bankruptcy

Added June 7, 2016

RSC reports that Vertellus enters bankruptcy.


Intervention Fights for Right to Bankruptcy Protection

Added June 7, 2016

The Wall Street Journal reports that Intervention fghts for a right to bankruptcy protection.


DryShips in Default, Warns of Bankruptcy Risk

Added June 7, 2016

DryShips in Default, Warns of Bankruptcy Risk, reported by Maritime Executive.


PetPro bankruptcy costs Randolph County $128,682.50

Added June 7, 2016

According to Greensboro.com, the PetPro bankruptcy costs Randolph County $128,682.50.


Even with cash from the state, bankruptcy is still a threat to Atlantic City

Added June 7, 2016

Even with cash from the state, bankruptcy is still a threat to Atlantic City, reported by North Jersey.com.


Hercules Offshore files for bankruptcy for second time in a year

Added June 6, 2016

According to Reuters, Hercules Offshore files for bankruptcy for second time in a year.


Warren lawyers lay out plan to exit bankruptcy

Added June 6, 2016

MarketWatch reports that Warren lawyers lay out plan to exit bankruptcy.


Hercules Offshores stock tumbles after bankruptcy filing

Added June 6, 2016

Hercules Offshores stock tumbles after bankruptcy filing, reported by MarketWatch.


UCI International Files for Chapter 11 Bankruptcy Protection

Added June 6, 2016

According to the Wall Street Journal, UCI International Files for Chapter 11 Bankruptcy Protection.


Analyst: Chemours a bankruptcy waiting to happen

Added June 6, 2016

According to analysts opinion, Chemours is a bankruptcy waiting to happen.


Environmental groups question Arch Coal's bankruptcy exit plan

Added June 6, 2016

According to the St. Louis Dispatch, environmental groups question Arch Coal's bankruptcy exit plan.


How the Decline in Crude Oil Prices Pushed Halcon Resources into Bankruptcy

Added June 1, 2016

The Market Realist investigates how the decline in crude oil prices pushed Halcon Resources into bankruptcy


Bay area aircraft company files for Chapter 11 bankruptcy

Added June 1, 2016

Bay area aircraft maintenance company, Florida Modification Specialists LLC, files for Chapter 11 bankruptcy, reported by the Tampa Bay Business Journal.


BRIEF-K&C Global says withdrawal of bankruptcy

Added June 1, 2016

Reuters reports that K&C Global withdraws from bankruptcy.


Talent in the Time of Bankruptcy: A Primer for the Oil and Gas Industry

Added June 1, 2016

Rigzone reports on Talent in the Time of Bankruptcy: A Primer for the Oil and Gas Industry.


Is LendingClub On Its Way To Bankruptcy?

Added June 1, 2016

Seeking Alpha investigates whether LendingClub is headed toward filing bankruptcy.


Default Interest Rates are presumed reasonable

Added June 1, 2016

According to the NLR, default interest rates are presumed reasonable under Sec. 506(b), and the bankruptcy court may not use Fair and Equitable Language of Sec. 1129(b) to conclude otherwise.


NYC Opera Announces 1st Full Season After Bankruptcy

Added June 1, 2016

According to ABC News, the NYC Opera Announces 1st Full Season After Bankruptcy


SolarWorld is reportedly a bankruptcy risk due to Hemlock lawsuit

Added June 1, 2016

Electreck reports that SolarWorld is a bankruptcy risk due to Hemlock lawsuit


Verso gets bankruptcy court authorization to reject paper supply contract

Added June 1, 2016

Verso Gets Bankruptcy Court Authorization to Reject Expera Specialty Paper Supply Contract, reported by Printing Impressions magazine.


Hercules Offshore files for bankruptcy protection, again

Added June 1, 2016

Hercules Offshore files for bankruptcy protection, again, reported by KOB4.


Will More Upstream MLPs Succumb to Bankruptcy?

Added June 1, 2016

Market Realist investigates whether more upstream MLPs succumb to bankruptcy.


Bitcoin Miner KnCMiner decalres bankruptcy

Added May 31, 2016

Crypto Coins News reports that Bitcoin Miner KnCMiner decalres bankruptcy


Icahn Enterprises Sees Two-Decade-Old Bankruptcy Case Reopen

Added May 31, 2016

Bloomberg reports that Icahn Enterprises Sees Two-Decade-Old Bankruptcy Case Reopen.


Twin Cities Archdiocese, Abuse Victims at Odds Over Bankruptcy Plan

Added May 31, 2016

According to the Wall Street Journal, the Twin Cities Archdiocese abuse victims are at odds over a bankruptcy plan.


Supreme Court asked to rule on Trump casino bankruptcy

Added May 31, 2016

According to the Los Angeles Times, the Supreme Court has been asked to rule on the Trump casino bankruptcy.


Takata rules out bankruptcy in seeking buyer funding

Added May 31, 2016

The Detroit News reports that Takata rules out bankruptcy in seeking buyer funding


Breitburn Energy Partners: A Look At Bankruptcy Valuations

Added May 31, 2016

Breitburn Energy Partners: A Look At Bankruptcy Valuations


Vertellus Specialties files for Chapter 11 bankruptcy protection

Added May 31, 2016

Reuters reports that Vertellus Specialties files for Chapter 11 bankruptcy protection.


Bankruptcy in sight for South Korean shipbuilders

Added May 31, 2016

CNBC reports that bankruptcy is in sight for multiple South Korean shipbuilders.


Energy firm Hercules Offshore returning to Chapter 11 bankruptcy

Added May 31, 2016

According to USA Today, Energy firm Hercules Offshore is returning to Chapter 11 bankruptcy protection.


SunEdison Junior Creditors to Conduct Bankruptcy Probe

Added May 31, 2016

SunEdison Junior Creditors to Conduct Bankruptcy Probe


Fights over value dog U.S. energy producers bankruptcy plans

Added May 31, 2016

According to Reuters, Fights over value dog U.S. energy producers bankruptcy plans.


6 Things Detroits Bankruptcy Can Teach You About Money

Added May 31, 2016

The Huffington Post explores six things Detroits bankruptcy can teach you about money


Gaps future lies with Bankruptcy Court

Added May 31, 2016

According to the San Francisco Chronicle, Gaps future lies with Bankruptcy Court.


Bankruptcy court approves Alpha Natural Resources plan

Added May 31, 2016

According to the Casper Star Tribune, the U.S. Bankruptcy court approves Alpha Natural Resources plan.


BEAUMONT: Pros and cons of bankruptcy

Added May 31, 2016

P.E.com looks at the City of Beaumont, and the pros and cons of filing Chapter 9 bankruptcy.


Despite Objections, Alpha Moves Forward With Restructuring Plan

Added May 31, 2016

According to Inside Energy, despite objections, Alpha moves forward with restructuring plan.


Pennfield Bankruptcy Drags On for Farmer

Added May 31, 2016

Lancaster Farming reports that Pennfield Bankruptcy Drags On for Farmer


Atlantic City Rescue Plan Approved! Bankruptcy Averted!

Added May 31, 2016

CBS Philly reports that a rescue plan for the City of Atlantic City has been approved and bankruptcy has been averted.


Energy giant: Bankruptcy won't affect Orange County projects

Added May 31, 2016

Record Online reports that Energy giant SunEdisons bankruptcy won't affect Orange County projects


Puerto Rico and Bankruptcy

Added May 31, 2016

Seeking Alpha explores Puerto Rico and the Commonwealth's solvency and potential bankruptcy.


Avon could file for bankruptcy

Added May 31, 2016

Seeking Alpha explores a possible bankruptcy filing for international cosmetics giant, Avon.


Caesars wooing creditors with new bankruptcy plan

Added May 22, 2016

The New York Post reports that Caesars is wooing creditors with a new bankruptcy plan.


Week in review: SandRidge Energy files for bankruptcy protection

Added May 22, 2016

Tulsa World reports that SandRidge Energy files for bankruptcy protection.


Phoenix Brands files for bankruptcy protection

Added May 22, 2016

According to Market Watch, Phoenix Brands files for bankruptcy protection.


Breitburn Energy wins approval on bankruptcy financing

Added May 22, 2016

The Wall Street Journal reports that Breitburn Energy wins approval on its bankruptcy financing.


Intervention Energy Holding files for bankruptcy protection

Added May 22, 2016

According to the Wall Street Journal, Intervention Energy Holding files for bankruptcy protection.


SunEdison scrambles to secure creditor deal on bankruptcy loan

Added May 22, 2016

According to Bloomberg, SunEdison scrambles to secure creditor deal on bankruptcy loan.


Oklahoma City oil company files for bankruptcy with $4.1 billion in debt

Added May 22, 2016

According to the Biz Beat Blog, SandRidge Energy files for bankruptcy, with $4.1 billion in debt.


Breitburn Energy Partners files for Chapter 11 bankruptcy

Added May 22, 2016

The Wall Street Journal reports that Breitburn Energy Partners files for Chapter 11 bankruptcy.


Peabody Energy Gets Go-Ahead for $800 Million Bankruptcy Financing

Added May 22, 2016

Peabody Energy Gets Go-Ahead for $800 Million Bankruptcy Financing, the Wall Street Journal reports.


Marketer Dex Media files for bankruptcy

Added May 22, 2016

USA Today reports that Dex Media files for bankruptcy protection.


Halcón reaches pact with creditors on prepackaged bankruptcy plan

Added May 22, 2016

According to Reuters, Halcón reaches pact with creditors on prepackaged bankruptcy plan.


Halcon reaches pact with creditors on prepackaged bankruptcy plan

Added May 22, 2016

According to Reuters, Halcon reaches pact with creditors on prepackaged bankruptcy plan.


Federal judge approves RCAP bankruptcy plan

Added May 22, 2016

Investment News reports that a federal judge approves RCAP bankruptcy plan.


20 lawsuits over surgeries cause Wyoming hospital to file for bankruptcy

Added May 22, 2016

According to Beckers Hospital Review, 20 lawsuits have been filed over surgeries at Powell Valley Healthcare. The hospital, as a result, has filed for bankruptcy.


Samson Resources' banks to gain ownership in new bankruptcy plan

Added May 22, 2016

Reuters reports that Samson Resources' banks to gain ownership in new bankruptcy plan.


Bankruptcy watchdogs say McKinsey disclosures are inadequate

Added May 22, 2016

WSJ.com reports that bankruptcy watchdogs say that McKinsey disclosures are inadequate.


Solar bankruptcy forces Palm Springs to change course

Added May 22, 2016

According to The Dessert Sun, a solar company bankruptcy forces Palm Springs to change course.


RCS Capital, parent of Cetera, has bankruptcy plan confirmed

Added May 22, 2016

FinancialPlanning reports that RCS Capital has a detailed bankruptcy plan confirmed.


Stone Energy says bankruptcy filing a possibility

Added May 22, 2016

The Wall Street Journal reports that Stone Energy says that a bankruptcy filing is possible.


For these Chicago law firms, its the casino bankruptcy that keeps on giving

Added May 22, 2016

Crains Chicago Business investigates how casino company bankruptcys impact Chicago-area law firms.


Stone Energy skips loan payment, considering various options that include bankruptcy

Added May 22, 2016

According to The Advocate, Stone Energy skips a loan payment and is considering various options that include bankruptcy.


Oil company that hoped to drill near Rio Rancho files for bankruptcy

Added May 22, 2016

According to KRQE News 13, an oil company that hoped to drill near Rio Rancho files for bankruptcy


West-side Orlando apartments land in bankruptcy, again

Added May 22, 2016

The Orlando Sentinel reports that West-side Orlando apartments land in bankruptcy.


Samson Resources files amended Chapter 11 bankruptcy plan

Added May 22, 2016

The Tulsa World reports that Samson Resources files amended Chapter 11 bankruptcy plan


Talara Oil & Gas LLC changes name, appoints GMP Securities as financial advisor

Added May 22, 2016

Talara Oil & Gas LLC changes name, appoints GMP Securities as financial advisor, as reported by Oil & Gas Financial Journal.


Owner of former Navy hospital seeks bankruptcy protection, sues county

Added May 22, 2016

The Post and Courier reports that Chicora Life Center LLC, the owner of the former Navy hospital seeks bankruptcy protection.


Pioneer Community Hospital One Month After Bankruptcy

Added May 22, 2016

WTVY.com investigates Pioneer Community Hospitals activities, one month after its bankruptcy filing.


After Bankruptcy, The Revel Resort Is Ready For Rebirth

Added May 22, 2016

CBS Philly reports that after bankruptcy, The Revel Resort Is Ready For Rebirth


McKinsey Disclosures Inadequate, Justice Department Says

Added May 22, 2016

According to the Wall Street Journal, McKinsey & Co. disclosures are inadequate, the Justice Department Says.


New Jersey still leads the nation in distressed mortgages

Added May 22, 2016

New Jersey still leads the nation in distressed mortgages


Congress has a bipartisan deal to save Puerto Rico from its debt crisis

Added May 22, 2016

Vox Policy & Politics reports that Congress has a bipartisan deal to save Puerto Rico from its debt crisis.


Consumer sentiment falls in April

Added May 16, 2016

The Detroit News reports that consumer sentiment falls in April, 2016.


31st Street Studios owner files Chapter11

Added May 16, 2016

According to Pittsburgh Business Times, the owner of 31st Street Studios files for Chapter11 bankruptcy protection.


Big player in New Mexico's renewable energy market navigating Chapter 11 bankruptcy

Added May 16, 2016

SunEdison, a big player in New Mexico's renewable energy market, is reportedly navigating Chapter 11 bankruptcy.


Detroit schools face bankruptcy without state help, report says

Added May 16, 2016

According to Crains Detroit, the Detroit Public Schools face bankruptcy without state help, report says.


Chaparral Energy Has Stored Cash for Bankruptcy Turnaround

Added May 16, 2016

Chaparral Energy has reportedly stored cash for a bankruptcy turnaround, reported by the Wall Street Journal.


Bankruptcy judge won't let Netflix release relativity films ahead of theaters

Added May 16, 2016

According to the Wall Street Journal, a bankruptcy judge won't let Netflix release Relativity films ahead of theaters


Vivint Solar to take part in SunEdison's bankruptcy case

Added May 16, 2016

According to Reuters, Vivint Solar will take part in SunEdison's bankruptcy case.


SunEdison Inc Bankruptcy Bigger Than Solyndra

Added May 16, 2016

LearnBonds reports on whether the SunEdison bankruptcy is bigger than Solyndra


Crude Oil News: These Companies Just Ditched $2.5 Billion to Avoid Bankruptcy

Added May 16, 2016

MoneyMorning reports on Crude Oil New and the companies that just ditched $2.5 billion to avoid bankruptcy


Bankruptcy, not a bailout, is right for Puerto Rico

Added May 16, 2016

Newsday reports on whether bankruptcy, not a bailout, is right for Puerto Rico


What Does Bankruptcy Mean for SunEdisons Investors?

Added May 16, 2016

Yahoo Finance investigates what bankruptcy means for SunEdisons Investors.


How Fairway will refocus after a quick bankruptcy

Added May 16, 2016

Crains New York looks at how Fairway will refocus after a quick bankruptcy


Teen retailers are caught in a perfect bankruptcy storm

Added May 16, 2016

Market Watch reports that teen retailers are caught in a perfect bankruptcy storm.


Fairway, Unable to Fend Off Rivals, Files for Bankruptcy

Added May 16, 2016

The New York Times reports that Fairway, unable to fend off rivals, files for bankruptcy.


Third bankruptcy of BHS buyer revealed

Added May 16, 2016

Third bankruptcy of BHS buyer revealed, according to BBC.com.


What Does It Mean When Retailers and Brands File for Bankruptcy?

Added May 16, 2016

Complex Style reports what it means when retailers and brands file for bankruptcy.


Aeropostales bankruptcy filing reflects retail changes

Added May 16, 2016

The Columbia reports that Aeropostales bankruptcy filing reflects retail changes


Have N.J. lawmakers given up on effort to save Atlantic City from bankruptcy?

Added May 16, 2016

NJ.com reports whether New Jersey lawmakers have given up on efforts to save Atlantic City from bankruptcy.


Judge rejects terms of RCS Capital bankruptcy

Added May 16, 2016

A judge rejects the terms of the RCS Capital bankruptcy, reported by Financial Planning.com.


Legend International Files for U.S. Bankruptcy Protection

Added May 16, 2016

Wall Street Journal reports that Legend International Files for U.S. Bankruptcy Protection.


Positron Announces Terms Of Its Financial Restructuring

Added May 16, 2016

According to PR Newswire, Positron announces terms of Its financial restructuring.


Coals Stranded Assets

Added May 16, 2016

Bloomberg investigates the stranded assets of the coal industry.


Magnum Hunter Emerges From Bankruptcy Under New Leadership

Added May 16, 2016

Natural Gas Intelligence reports that Magnum Hunter emerges from bankruptcy under new leadership.


Latham Lands Latest Energy Bankruptcy as Fees Draw Scrutiny

Added May 16, 2016

Latham Lands Latest Energy Bankruptcy as Fees Draw Scrutiny, reported by American Lawyer.


Spains Abengoa Wins U.S. Bankruptcy Court Protection

Added May 16, 2016

Spains Abengoa Wins U.S. Bankruptcy Court Protection, reported by the Wall Street Journal.


U.S. oil industry bankruptcy wave nears size of telecom bust

Added May 16, 2016

According to Reuters, the U.S. oil industry bankruptcy wave nears the size of the telecom bust


Vanguard Ceases Operations, Files for Bankruptcy Protection

Added May 16, 2016

The Wall Street Journal reports that Vanguard ceases operations and files for bankruptcy protection


Is Online Shopping To Blame For The Bankruptcy Of Sports Authority?

Added May 16, 2016

The Alternative Daily investigates whether online shopping is to blame for the bankruptcy of Sports Authority.


Moodys downgrades Chaparral Energys PDR to D-PD on bankruptcy filing

Added May 16, 2016

Moodys downgrades Chaparral Energys PDR to D-PD on bankruptcy filing


Trumps plan for U.S. bankruptcy startles experts

Added May 16, 2016

TribLive reports that Donald Trumps plan for US bankruptcy startles experts


Chadbourne Pays $35M in Stanford Ponzi Suit

Added May 12, 2016

The American Lawyer reports that Chadbourne Pays $35M in Stanford Ponzi Suit


Helicopter Operator CHC Group Files for Bankruptcy Protection

Added May 8, 2016

The Wall Street Journal reports that helicopter operator CHC Group files for bankruptcy protection.


Atlantic City Inches Closer to Bankruptcy

Added May 8, 2016

According to the Wall Street Journal, Atlantic City, New Jersey is inching closer to filing bankruptcy protection.


Caesars hires former bankruptcy judge as restructuring officer

Added May 8, 2016

According to Reuters, Caesars Entertainment Corp hires former bankruptcy judge as restructuring officer.


What Fairways Bankruptcy Means For Whole Foods Market

Added May 8, 2016

The Motley Fool explores what Fairways Bankruptcy Means For Whole Foods Market


Republic seeks to escape bankruptcy with Delta deal

Added May 8, 2016

The Indianapolis Business Journal reports that Republic Airways Holdings seeks to escape bankruptcy which includes a deal with Delta Airlines.


Oil Companies Ultra Petroleum, Midstates File for Bankruptcy

Added May 8, 2016

The Wall Street Journal reports that oil companies Ultra Petroleum, Midstates File for Bankruptcy.


Bind Therapeutics files for bankruptcy protection

Added May 8, 2016

According to the Boston Globe, Bind Therapeutics files for bankruptcy protection


Worlds Thinnest Watch Declares Bankruptcy

Added May 8, 2016

Tech Times reports that the company that manufactures the worlds thinnest watch declares bankruptcy


SandRidge Energy: The Unnecessary Bankruptcy

Added May 8, 2016

Seeking Alpha explores SandRidge Energy: The Unnecessary Bankruptcy


Atlantic City bankruptcy is a virtual certainty analyst says

Added May 8, 2016

Analysts report that the Atlantic City, New Jersey bankruptcy is a virtual certainty.


As funds dwindle, Bind Therapeutics, NephroGenex file for bankruptcy

Added May 8, 2016

Fierce Biotech reports that as funds dwindle, Bind Therapeutics, NephroGenex file for bankruptcy


How SunEdison went from Wall Street star to bankruptcy

Added May 8, 2016

The Los Angeles Times reports how SunEdison went from Wall Street star to bankruptcy


Deal struck, CLP bankruptcy

Added May 8, 2016

Your Erie.com reports that a deal was recently struck in the Conneaut Lake Park bankruptcy.


Retail Apocalypse Heats Up: Store Earnings Fall By 25%

Added May 8, 2016

Seeking Alpha reports that a retail apocalypse heats up as store earnings fall by 25%


F.D.A. Imposes Rules for E-Cigarettes in a Landmark Move

Added May 8, 2016

The New York Times reports that the F.D.A. Imposes Rules for E-Cigarettes in a Landmark Move


Workers losing ground as Atlantic City casinos struggle

Added May 8, 2016

The CT Post reports that workers are losing ground as Atlantic City casinos struggle


What You Should Know About Puerto Ricos Debt Crisis

Added May 8, 2016

Vice Media investigates what you should know about Puerto Rico's debt crisis


Pension fund offers cautionary tale

Added May 8, 2016

According to The Daily Republic, the Central States Pension Fund offers a cautionary tale.


What is behind Orange County's economic recovery?

Added May 8, 2016

The Orange County Register investigates what is behind Orange County's economic recovery?


Build-A-Bear, unloved by Wall Street, ponders its future

Added May 8, 2016

The St. Louis Dispatch reports that Build-A-Bear Workshop is unloved by Wall Street and ponders its future.


Corporate Defaults Rise to Most Since 2009 on Oil Drop, S&P Says

Added May 8, 2016

Bloomberg reports that corporate defaults rise to most since 2009 on Oil Drop


SunEdison Bankruptcy Threatens Dividends at TerraForm Units

Added May 8, 2016

Bloomberg reports that the SunEdison bankruptcy threatens dividends at TerraForm units


Municipal upgrades have strongest run since 2001 -S&P

Added May 8, 2016

Reuters reports that municipal upgrades have the strongest run since 2001 -S&P


Push for $15 Raises Pay and Tensions

Added May 8, 2016

The Wall Street Journal reports that the growing push to raise the minimum wage to as much as $15 an hour is creating new issues in the workplace


Multifamily Lending Caps Increased

Added May 8, 2016

The National Mortgage Professional Magazine reports that multifamily lending caps have increased


Puerto Rico Debt Measure Pressed by Democrats, Citing Zika

Added May 8, 2016

Bloomberg reports that the Puerto Rico Debt Measure is being pressed by Democrats.


Proposed rules could make it easier for consumers to sue banks

Added May 8, 2016

The Washington Post reports on proposed rules that could make it easier for consumers to sue banks.


Horsehead shares soar as investors get role in bankruptcy case

Added May 8, 2016

Reuters reports that horsehead shares soar as investors get role in bankruptcy case


Goldman Sachs $272 Million Mortgage Pact Approved By Judge

Added May 8, 2016

Bloomberg reports that Goldman Sachs $272 Million Mortgage Pact has been approved by a Judge


New Fed Bailout Prevention Rule to Reach Beyond Banks

Added May 8, 2016

According to the Wall Street Journal, a new Fed bailout prevention rule will reach beyond anks


Layoffs in energy industry cause pain for people across the Great Plains

Added May 2, 2016

According to the Rapid City Journal, layoffs in energy industry cause pain for people across the Great Plains


Pacific 9 Transportation files bankruptcy

Added May 2, 2016

Pacific 9 Transportation reportedly has filed for bankruptcy


Big Firms Fuel Up on Energy Sector Bankruptcies

Added May 2, 2016

According to American Lawyer, big firms fuel up on energy sector bankruptcies. :


Plant Board discusses Peabody bankruptcy

Added May 2, 2016

According to the Times Leader, the plant board discusses Peabody bankruptcy


San Bernardino: Bankruptcy sagas end in view

Added May 2, 2016

According to The Press Enterprise, San Bernardino's bankruptcy sagas end is in view


DIP loans to distressed companies mount with bankruptcies

Added May 2, 2016

Reuters reports that DIP loans to distressed companies mount with bankruptcies


Foreclosure Protection for Servicemembers Extended by Congress

Added May 2, 2016

Congress has reportedly extended foreclosure protection for Service members


Department of Energy in quandary as US solar giant files for bankruptcy protection

Added May 2, 2016

BizNews reports that the Department of Energy is in a quandary as US solar giant files for bankruptcy protection.


Troubled Toronto townhouse developer Urbancorp files for bankruptcy protection

Added May 2, 2016

According to the Financial Post, Troubled Toronto townhouse developer Urbancorp files for bankruptcy protection.


RadioShack names second CEO since scaled-down chain plucked from bankruptcy year ago

Added May 2, 2016

According to the Dallas Morning News, RadioShack names second CEO since the retail chain emerged from bankruptcy a year ago.


CHC Fights the Clock to Avoid Bankruptcy After Missed Payment

Added May 2, 2016

According to Bloomberg, Helecopter company CHC Group LTD has until May 15 to pay $46 million it owes on its debt, cut a deal with its lenders.


Ultra Petroleum Files for Bankruptcy, Citing $3.9 Billion Debt

Added May 2, 2016

According to Bloomberg, Ultra Petroleum Files for Bankruptcy, Citing $3.9 Billion Debt.


Allied Fibers Southeast subsidiaries file for bankruptcy protection

Added May 2, 2016

Fierce Telecom reports that Allied Fiber's Southeast subsidiaries file for bankruptcy protection


Pittsburgh Corning emerges from bankruptcy protection

Added May 2, 2016

The Pittsburg Post Gazette reports that Pittsburgh Corning emerges from bankruptcy protection


American Idol' Owner Files for Chapter 11 Bankruptcy

Added May 2, 2016

According to the Hollywood Reporter, Core Media Group, the owner of the American Idol' television franchise, files for Chapter 11 Bankruptcy.


Brazils Worsening Corporate Credit Crisis Hits Bank Profits

Added May 2, 2016

Bloomberg reports that Brazil's worsening corporate credit crisis hits bank profits


Lehman Brothers Inc. Trustee Announces Plans for Additional Distribution to Unsecured General Creditors

Added May 2, 2016

A Lehman Brothers Inc. trustee reportedly announced plans for additional financial distributions to unsecured general creditors


Energy Future Holdings Files Second Bankruptcy Plan

Added May 2, 2016

The Texas Tribune reports that Energy Future Holdings has filed a second bankruptcy plan


Big Banks Forced to Rely on Long-Term Funding in U.S. Plan

Added May 2, 2016

According to Bloomberg, Big Banks are forced to rely on long-term funding in its U.S. plan


Why Pipelines Could Soon Feel The Next Devastating Phase Of The Oil Bust

Added May 2, 2016

Forbes reports why pipelines could soon feel the next phase of the oil bust


How the oilfield downturn could affect your local bank

Added May 2, 2016

Houma Today reports how the oilfield downturn could affect your local bank.


US regulators want banks to have a year's worth of liquidity

Added May 2, 2016

According to Financial News, US regulators want banks to have a year's worth of liquidity


Horsehead shares soar as investors get role in bankruptcy

Added May 2, 2016

Reuters reports that Horsehead Holding Corp shares soar as investors get role in bankruptcy case


Detroit schools cant meet payroll after June 30

Added May 1, 2016

Reuters reports that the Detroit Public Schools are unable to meet their payroll after June 30, 2016.


DIP loans to distressed companies mount with bankruptcies

Added May 1, 2016

Reuters reports that DIP loans to distressed companies mount with bankruptcies


Yahoo says due process at stake in email fight in bankruptcy court

Added May 1, 2016

According to Reuters, Yahoo says due process at stake in email fight in bankruptcy court


Kansas court refuses to move Abengoa unit bankruptcy to Delaware

Added May 1, 2016

Reuters recently reported that a judge in Kansas has rejected a bid by a unit of Abengoa SA to transfer its bankruptcy case to Delaware because it could leave creditors with a bit part in the restructuring of the Spanish renewable energy company


Energy Future Holdings debuts new plan to end $42 billion bankruptcy

Added May 1, 2016

Energy Future Holdings reportedly debuts a new plan to end its $42 billion bankruptcy


Buyouts Saddle Stressed Retailers With Debts They Cant Pay

Added May 1, 2016

Bloomberg reports that Buyouts Saddle Stressed Retailers With Debts They Cant Pay


A Federal Judge Stops Google From Googling

Added May 1, 2016

According to Bloomberg, A Federal Judge forces representatives from Google to pick jurors the old fashioned way.


Madoff Victims Dealt Blow in Effort to Keep $875 Million

Added May 1, 2016

Bloomberg reports that Madoff victims are dealt a blow in an effort to keep $875 Million


East Cleveland petitions state for bankruptcy protection

Added May 1, 2016

East Cleveland reportedly has petitioned the state for bankruptcy protection


Amid Toronto Property Boom, a Big Developer Runs Into Trouble

Added May 1, 2016

Bloomberg reports that Toronto property developer, Urbancorp files for bankruptcy protection on several projects.


Energy Future Offers New Reorganization Plan Amid Deal Dispute

Added May 1, 2016

Energy Future reportedly has offered a new reorganization plan, amid a deal dispute.


Puerto Rico Moving Closer to Deal With Some Bank Bondholders

Added May 1, 2016

According to Bloomberg, Puerto Rico is moving closer to making a deal with some bank bondholders


Fitch: Peabody Pushes US Metals/Mining Loan Default Rate to 29%

Added April 25, 2016

According to Fitch ratings, Peabody Pushes US Metals/Mining Loan Default Rate to 29%,


Foresight Said to Be Close to Agreement to Avoid Bankruptcy

Added April 25, 2016

Bloomberg reports that Foresight is Said to Be Close to Agreement to Avoid Bankruptcy


Pacific Exploration & Production Corp. (TSX: PRE) provides update on restructuring process

Added April 25, 2016

PR Newswire reports that Pacific Exploration & Production Corp. provides an update on restructuring process.


Committee on Natural Resources Releases Puerto Rico Legislation

Added April 25, 2016

The House Committee on Natural Resources Releases Puerto Rico Legislation


Auditor warnings on large company solvency hit highest level since crisis

Added April 25, 2016

Market Watch reports that Auditor warnings on large company solvency hit highest level since crisis.


Watching SunEdisons Collapse, Solar Industry Resets

Added April 25, 2016

MIT Technology Review reports on Watching SunEdisons Collapse, Solar Industry Resets


US didn't find trouble at Corinthian Colleges before it failed

Added April 25, 2016

According to the Associated Press, the US didn't find trouble at Corinthian Colleges before it failed


Oil Drillers Feel the Pain as Banks Slash Their Credit Lines

Added April 25, 2016

Bloomberg reports that Oil Drillers Feel the Pain as Banks Slash Their Credit Lines


Big Valeant Bond Investor Calls for Default

Added April 25, 2016

According to the Wall Street Journal, Big Valeant Bond Investor Calls for Default


Aircraft Lenders Lose Again on Requiring Compliance with Return Provisions

Added April 25, 2016

The American Bankruptcy Institute reports that Aircraft Lenders Lose Again on Requiring Compliance with Return Provisions


Whats Ahead for JC Penney?

Added April 25, 2016

The Robin Report investigates Whats Ahead for JC Penney.


Seventy Seven Energy Inc. Enters into Restructuring Support Agreement

Added April 25, 2016

According to Yahoo Finance, Seventy Seven Energy Inc. Enters into Restructuring Support Agreement


Aeropostale Said to Bring In Advisers to Handle Strategic Review

Added April 25, 2016

Bloomberg reports that Aeropostale is Said to Bring In Advisers to Handle Strategic Review


Moody's downgrades Stallion Oilfield Holdings to Caa3; negative outlook

Added April 25, 2016

Moodys has reportedly downgraded Stallion Oilfield Holdings to Caa3; negative outlook


Denbury Resources Inc. Announces Borrowing Base Redetermination

Added April 25, 2016

Denbury Resources Inc. Announces Borrowing Base Redetermination and Amendment to Credit Facility; Provides Update on Commodity Hedge Positions


ACC Claims Holdings extends exchange offers

Added April 25, 2016

ACC Claims Holdings, LLC Extends Exchange Offers with respect to certain Claims allowed under the First Modified Fifth Amended Joint Chapter 11 Plan for Adelphia Communications Corporation and Certain of Its Affiliated Debtors


Bankruptcy Court Chips Away at Bankruptcy Remoteness of Special Purpose Vehicles

Added April 25, 2016

JD Supra Business Advisor reports that a Bankruptcy Court Chips Away at Bankruptcy Remoteness of Special Purpose Vehicles


Warren Resources Appoints Restructuring Chief

Added April 25, 2016

Warren Resources has reportedly appointed a restructuring chief; and continues talks with lenders and note holders


Chaparral Energy misses deadline to debt interest

Added April 25, 2016

Oil and Gas Producer Chaparral Energy reportedly has missed the deadline to pay debt interest


Republic Says Unsecured Creditors to See Less Than 50% Recovery

Added April 25, 2016

Bloomberg reports that Republic Says Unsecured Creditors to See Less Than 50% Recovery


Bankruptcy filings more than double in Brazil as recession deepens

Added April 25, 2016

Reuters reports that bankruptcy filings more than double in Brazil as recession deepens


The Coming Default Wave Is Shaping Up to Be Among Most Painful

Added April 25, 2016

According to Bloomberg, the Coming Default Wave Is Shaping Up to Be Among Most Painful


Encina Business Credit Looks to Fill the Void for Distressed Retailers

Added April 25, 2016

The Wall Street Journal reports that Encina Business Credit Looks to Fill the Void for Distressed Retailers


Quicksilver White-Hot Issue May Be Placed on the Back Burner

Added April 25, 2016

Haynesboone reports that the Quicksilver White-Hot Issue May Be Placed on the Back Burner


Moodys lowers CFRs of Caesars Entertainment Resorts

Added April 25, 2016

Moodys has reportedly lowered CFRs of Caesars Entertainment Resorts and Caesars Growth Properties to Caa1


Credit default swaps bought

Added April 25, 2016

Debtwire reports that iHeart Communications alleges that Elliott bought credit default swaps in effort to collect windfall through bankruptcy


EXCO Resources Announces Spring 2016 Borrowing Base

Added April 25, 2016

EXCO Resources Announces Spring 2016 Borrowing Base And Reduced 2016 Capital Budget


Connacher Announces Year End results

Added April 25, 2016

Connacher Announces Q4 2015 and Year-End 2015 Results


San Bernardino Bondholders Agree to 60% Haircut

Added April 25, 2016

According to The Bond Buyer, San Bernardino, California reached a settlement agreement that gives bondholders a major haircut that is substantially better for them than the city originally proposed in its Chapter 9 bankruptcy.


Palace Entertainment rating downgraded

Added April 25, 2016

Moodys has reportedly downgraded Palace Entertainments rating to B3; outlook changed to developing


Relativity Formally Emerges From Chapter 11 Bankruptcy Protection

Added April 20, 2016

Deadline.com reports that Relativity Formally Emerges From Chapter 11 Bankruptcy Protection


Bankruptcy of TransCare Strains New Yorks Emergency Services

Added April 20, 2016

The New York Times reports that Bankruptcy of TransCare Strains New Yorks Emergency Services


California minimum wage hike hits L.A. apparel industry. The exodus has begun

Added April 20, 2016

California minimum wage hike hits L.A. apparel industry, according to the LA Times.


Will Yahoo find a buyer? Bids are due

Added April 20, 2016

The LA Times investigates whether Yahoo will find a buyer soon.


Wall Street Veterans Bet on Low-Income Home Buyers

Added April 20, 2016

The New York Times reports that Wall Street Veterans have bet on low-income home buyers


U.S. April Junk Defaults Reach $14 Billion, Most Since 2014

Added April 20, 2016

According to Bloomberg, U.S. April Junk Defaults reach $14 Billion; the most since 2014


Thousands of Underwater Borrowers to Get Relief

Added April 20, 2016

Thousands of Underwater Borrowers to Get Relief reports the New York Times.


Retirees Rally at the Capitol, Protesting Pension Cuts

Added April 20, 2016

Recently, several retirees reportedly rallied at the US Capitol, protesting pension cuts.


CFPB Wants Companies in Lawsuit Outed

Added April 20, 2016

CFPB Wants Companies in Lawsuit Outed, the National Law Journal reports.


S&P's Cuts Valeant's Rating After Getting Default Notice From Shareholder

Added April 20, 2016

Nasdaq.com reports that S&P cuts Valeants rating after getting a default notice from a shareholder.


House Passes Bill to Add Section to Bankruptcy Code for Banks

Added April 20, 2016

The House recently passed a bill to add a section to the Bankruptcy Code for banks, reports the Washington Examiner.


Bill to Ease Puerto Rico Debt Crisis Introduced in House

Added April 20, 2016

The New York Times reports that a bill was recently introduced in the House to ease the Puerto Rico debt crisis.


D.C. Circuit Poised to Disrupt Consumer Protection Bureau Power Structure

Added April 20, 2016

The D.C. Circuit is poised to disrupt the Consumer Protection Bureau power structure, reported by the National Law Journal.


US midstream gas company Peregrine Midstream files for Chapter 11 bankruptcy

Added April 20, 2016

Peregrine Midstream recently filed for Chapter 11 bankruptcy, reports Platts.com.


Verso Asks Bankruptcy Judge to Decide Valuation Spat with Maine Town

Added April 20, 2016

According to the Bangor Daily News, Verso recently asked a bankruptcy judge to rule on the valuation decision with Maine Town.


Documents Undercut U.S. Case for Taking Mortgage Giant Fannie Maes Profits

Added April 20, 2016

The New York Times reports that documents undercut a U.S. Case for taking mortgage giant Fannie Maes Profits.


Foresight Said to Be Close to Agreement to Avoid Bankruptcy

Added April 20, 2016

According to Bloomberg News, Foresight is said to be close to an agreement to avoid bankruptcy.


Aeropostale Said to Bring In Advisers to Handle Strategic Review

Added April 20, 2016

Bloomberg reports that Aeropostale Said to Bring In Advisers to Handle Strategic Review


Goodrich Petroleum Files For Chapter 11 Bankruptcy Protection

Added April 19, 2016

The Wall Street Journal reports that Goodrich Petroleum files Chapter 11 bankruptcy.


Energy XXI Files for Bankruptcy in Debt-for-Equity Swap

Added April 19, 2016

Energy XXI Files for Bankruptcy in Debt-for-Equity Swap, according to a recent WSJ report.


Fairway Said to Be Close to Deal to Put Grocer in Bankruptcy

Added April 19, 2016

Bloomberg reports that Fairway is said to be close to a deal to put the grocer in bankruptcy.


Financial Industry Lobbying To Shape Puerto Rico Bankruptcy Bill

Added April 19, 2016

The LB Times reports that the Financial Industry is Lobbying To Shape a Puerto Rico Bankruptcy Bill.


Wright Career College files for bankruptcy

Added April 19, 2016

The Kansas City Star reports that Wright Career College files for bankruptcy.


Republic, Delta Accords Face Objections in Bankruptcy

Added April 19, 2016

The Wall Street Journal reports that the Republic, Delta Accords Face Objections in Bankruptcy.


Oil tumbles 7% on OPEC dispute before recovering

Added April 18, 2016

USA Today reports that Oil prices tumble 7% on OPEC dispute before recovering.


Energy And The 2016 Presidential Candidates

Added April 18, 2016

Forbes takes a look at energy and the views of the 2016 Presidential candidates


Eastern Mountain in Bankruptcy as Shopping Habits Change

Added April 18, 2016

Bloomberg reports that Eastern Mountain has filed bankruptcy.


24 hours: Two Texas Oil Drillers File for Bankruptcy

Added April 18, 2016

Breitbart reports that two Houston oil drillers filed Chapter 11 bankruptcy, within a 24 hour period.


SunEdison Inc: All Set to File For Bankruptcy

Added April 18, 2016

Business Finance News reports that SunEdison is set to file for Chapter 11 bankruptcy.


End Of An Era: Peabody Declares Bankruptcy

Added April 18, 2016

State of the State KS reports on Peabody Energy and the impact of its filing of Chapter 11 Bankruptcy.


US Commercial Bankruptcies Suddenly Soar

Added April 13, 2016

Wolf Richter reports on how the end of the credit cycle has impacted the filing of Chapter 11 bankruptcies in the USA.


Turnaround Talk: Many Energy Companies Flirt with Bankruptcy and May Run Out of Options

Added April 12, 2016

The Middle Market reports that many energy companies are considering bankruptcy and may run out of options.


The owner of Hawaiis largest oil refinery, reported a net loss of $39.9 million, or $1.06 per diluted share, in 2015

Added April 11, 2016

The owner of Hawaiis largest oil refinery, reported a net loss of $39.9 million, or $1.06 per diluted share, in 2015


Republic Airways Shareholders Push For Seat at the Table

Added April 11, 2016

Wall Street Journal reports that Republic Airways Shareholders Push For Seat at the Table


For-profit college files bankruptcy

Added April 11, 2016

For-profit Mattia College files bankruptcy, owes $19.5M to landlord


TVA pension cuts: A new stage in the assault on American workers

Added April 11, 2016

TVA pension cuts: A new stage in the assault on American workers


New survey shows business jet market declining to recession levels

Added April 11, 2016

New survey shows business jet market declining to recession levels


Clear Channel is crumbling under debt

Added April 11, 2016

Clear Channel the largest U.S. owner of radio stations, is reportedly crumbling under $20.6 billion in debt


Two Colorado banks to merge

Added April 11, 2016

Denver-based Guaranty Bancorp and Lovelands Home State Bancorp will merge, forming one of the largest Colorado-based bank holding companies.


What Moody's latest downgrade means for the city of Houston

Added April 11, 2016

What Moody's latest downgrade means for the city of Houston


Seattle Restaurants Closing Their Doors Ahead Of Minimum Wage Increase

Added April 11, 2016

Seattle Restaurants Closing Their Doors Ahead Of Minimum Wage Increase


Lawmakers want Humana and Aetna to guarantee no job losses

Added April 11, 2016

Lawmakers want Humana and Aetna to guarantee no job losses


Molycorp reaches deal with investors in bankruptcy case

Added April 11, 2016

Molycorp reaches deal with investors in bankruptcy case


Houston foreclosures down but up across Texas

Added April 11, 2016

Houston foreclosures down but up across Texas


Michigan economy losing momentum, survey shows

Added April 11, 2016

Michigan economy losing momentum, survey shows


Corporate Debt Defaults Explode To Catastrophic Levels

Added April 11, 2016

Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis


Retail job cuts spike 41% in Q1

Added April 11, 2016

Retail job cuts spike 41% in Q1


Retailers struggling to adapt labor practices in changing market

Added April 11, 2016

Retailers struggling to adapt labor practices in changing market


30% of bank jobs are under threat

Added April 11, 2016

30% of bank jobs are under threat


HSN executives take pay cuts

Added April 11, 2016

HSN executives take pay cuts


Windsor Regional Hospital facing $17-million deficit

Added April 11, 2016

Windsor Regional Hospital facing $17-million deficit


Sears gets $500 million loan

Added April 11, 2016

Sears gets $500 million loan


Survey: Most Analysts Say Chapter 9 Bankruptcy Taboo

Added April 11, 2016

Survey: Most Analysts Say Chapter 9 Bankruptcy Taboo


SunEdison's pending bankruptcy could set back solar worldwide

Added April 11, 2016

SunEdison's pending bankruptcy could set back solar worldwide


Nortel Bankruptcy Fees Near $2 Billion

Added April 11, 2016

Nortel Bankruptcy Fees Near $2 Billion As Creditors, Pensioners Fight Over Assets


Aspen Kitchen bankruptcy reveals power struggle

Added April 11, 2016

Aspen Kitchen bankruptcy reveals power struggle


What a SunEdison bankruptcy would mean for Maine

Added April 11, 2016

What a SunEdison bankruptcy would mean for Maine


Bankruptcy Is Bellwether of New Yorks Condo Market

Added April 11, 2016

Bankruptcy Is Bellwether of New Yorks Condo Market


Chinas Winsway Enterprises Files for U.S. Bankruptcy Protection

Added April 11, 2016

Chinas Winsway Enterprises Files for U.S. Bankruptcy Protection


The Long, Agonizing Fall of PacSun

Added April 11, 2016

The Long, Agonizing Fall of PacSun


Eastern Mountain Sports May Be Headed For Bankruptcy

Added April 11, 2016

Eastern Mountain Sports May Be Headed For Bankruptcy


5 Signs a Company Is About to Go Bankrupt

Added April 11, 2016

5 Signs a Company Is About to Go Bankrupt


Supreme Court Upholds Verdict Against Wells Fargo on Overdraft Fees in California

Added April 6, 2016

The Los Angeles Times reports that the Supreme Court Upholds Verdict Against Wells Fargo on Overdraft Fees in California


Pacific Sunwear Said to Prepare Chapter 11 Bankruptcy Filing

Added April 6, 2016

Bloomberg reports that Pacific Sunwear is preparing for a Chapter 11 Bankruptcy Filing


iHeartMedia faces accelerated payments on $15B in bonds, possible bankruptcy

Added April 5, 2016

According to the San Antonio Express News, iHeartMedia faces accelerated payments on $15B in bonds and possible bankruptcy.


Peabody Lifeline Vanishing as Bowie Loan Deal Said to Be Dropped

Added April 4, 2016

Bloomberg reports that Peabody Lifeline is Vanishing as Bowie Loan Deal Said to Be Dropped


Molycorp Wins Approval to Exit Chapter 11

Added April 4, 2016

According to the Denver Post, Molycorp Wins Approval to Exit Chapter 11


Judge Jed Rakoff to Take over Caesars Bondholders Lawsuits

Added April 4, 2016

According to the Wall Street Journal, Judge Jed Rakoff is scheduled to take over Caesars bondholders lawsuits


Goodrich Petroleum Plans Bankruptcy Filing

Added April 4, 2016

Marketwatch reports that Goodrich Petroleum plans bankruptcy filing


PostRock Energy Files for Bankruptcy

Added April 4, 2016

According to NewsOK, PostRock Energy Files for Bankruptcy


SunEdison Plunges on Report of Plans to File for Bankruptcy

Added April 4, 2016

Bloomberg reports that SunEdison Plunges on Report of Plans to File for Bankruptcy


HSBC Money-Laundering Controls Arent Sufficient, U.S. Says

Added April 4, 2016

According to Bloomberg, HSBC Money-Laundering Controls Arent Sufficient, U.S. Says


Not even bankruptcy stops oil companies from pumping

Added April 4, 2016

Nasdaq reports that not even bankruptcy stops oil companies from pumping.


Coal bankruptcies could leave taxpayers paying for clean up

Added April 4, 2016

According to the Bellingham Herald, coal bankruptcies could leave taxpayers paying for clean up


Shareholders seek a voice in Horsehead bankruptcy

Added April 4, 2016

The Pittsburgh Post Gazette reports that shareholders seek a voice in Horsehead bankruptcy


Midstates Petroleum issues bankruptcy warning

Added April 4, 2016

According to Lawyer Herald, Midstates Petroleum issues bankruptcy warning


SandRidge Energy, with $3.6 billion debt, flags bankruptcy risk

Added April 4, 2016

PetroGlobal News reports that SandRidge Energy, with $3.6 billion debt, flags bankruptcy risk


Bankruptcy Rout Looms Despite Impressive Productivity Gains In U.S. Shale

Added April 4, 2016

OilPrice.com reports that Bankruptcy Rout Looms Despite Impressive Productivity Gains In U.S. Shale


Northwest Territorial Mint in Federal Way files for bankruptcy after court judgment

Added April 4, 2016

Northwest Territorial Mint in Federal Way files for bankruptcy after court judgment, the Federal Way Mirror reports.


SAN BERNARDINO: Major step forward' for bankruptcy

Added April 4, 2016

San Bernardino, California reportedly makes a major step forward' for bankruptcy


SunEdison Receives U.S. Subpoena on Vivint Deal Gone Wrong

Added April 4, 2016

Solar and wind installer SunEdison Inc. said in a regulatory filing that the governments seeking information about the scrapped Vivint deal and the conduct of a former employee alleged to have committed wrongdoing in connection with the Vivint termination negotiations Bloomberg News reported today.


Regulator orders drugmaker Valeant management to cease trading

Added April 4, 2016

Valeant Pharmaceuticals International Inc.s directors and key officers have received a cease trade order by the securities regulator in the Canadian province of Quebec, on the company's request, Reuters reported.


U.S. judge rejects Lehman workers claims on stock awards

Added April 4, 2016

Reuters reports that former senior employees of Lehman Brothers Holdings Inc. who once commanded seven figure pay packages failed to persuade a federal judge to restore hundreds of millions of dollars of stock awards that become worthless after the Wall Street bank's collapse.


Caesars Investigation Bills Top $40 Million, Continue Climbing

Added April 4, 2016

According tot he Wall Street Journal, the cost of the Caesars Entertainment Operating Co. bankruptcy investigation that dug up as much as $5.1 billion in potential legal claims has topped $40 million and is still climbing.


Chaparral Energy to Miss Debt Interest Payment

Added April 4, 2016

According to Reuters, privately held oil and gas exploration and production company Chaparral Energy Inc. will not make an interest payment due April 1 tied to a $300 million bond.


As U.S. shale drillers suffer, even the bankrupt keep pumping oil

Added April 4, 2016

Reuters reports, as oil prices nosedived by two-thirds since 2014, a belief took hold in global energy markets that for prices to recover, many U.S. shale producers would first have to falter to allow markets to rebalance.


Bankrupt Kentucky City Reaches Repayment Deal

Added April 4, 2016

The Wall Street Journal recently reported that the bankrupt city of Hillview, Ky., said it plans to raise taxes and borrow $5 million to pay off a newly reached settlement in a decade-old property dispute with a truck-driver training school.


Puerto Rico's Government Development Bank Risks Receivership

Added April 4, 2016

Bloomberg reports that Puerto Ricos Government Development Bank Risks Receivership


San Bernardino Bondholders Agree to Settlement in City Bankruptcy

Added April 4, 2016

According to Reuters, The city of San Bernardino reached a settlement in its municipal bankruptcy on Tuesday that gives pension bondholders a 60 percent haircut


Judge Extends Shield of U.S. Bankruptcy Law to Spains Abengoa

Added April 4, 2016

According to the Wall Street Journal, a judge Extends Shield of U.S. Bankruptcy Law to Spains Abengoa


SandRidge Eyes Bankruptcy, Restructuring in U.S. Shale Bust

Added April 4, 2016

Reuters reports that SandRidge Energy Inc. confirmed yesterday that it has hired advisers to evaluate options including a bankruptcy filing, in what could be the most high profile reorganization yet in U.S. shale oil industry


Swift Energys Reorganization Plan Approved By Bankruptcy Court

Added April 4, 2016

Oil and Gas Investor reports that the reorganization plan of Swift Energy won approval from a bankruptcy judge on Wednesday, paving the way for the oil and gas driller to exit chapter 11 under the control of its bondholders


Skymark Exits Bankruptcy and Predicts First Profit in 3 Years

Added March 28, 2016

Bloomberg reports that Skymark Exits Bankruptcy and Predicts First Profit in 3 Years


Essar Steel Minnesota heads toward bankruptcy

Added March 28, 2016

According to the Duluth News Tribune, Essar Steel Minnesota heads toward bankruptcy


Stockton's post-bankruptcy recovery still a struggle

Added March 28, 2016

According to news reports, the City of Stockton, California is still struggling post-bankruptcy.


RCS Capital to file bankruptcy

Added March 28, 2016

Investment News reports that RCS Capital will file bankruptcy


Getchell Agency files for bankruptcy, blames state government

Added March 28, 2016

Getchell Agency files for bankruptcy, blames state government


Puerto Rico Fights for Chapter 9 Bankruptcy in Supreme Court

Added March 28, 2016

Puerto Rico Fights for Chapter 9 Bankruptcy in Supreme Court


Valeant to replace CEO, adds activist investor to board

Added March 28, 2016

Valeant to replace CEO, adds activist investor to board


MV Agusta Files For Chapter 11 Bankruptcy

Added March 28, 2016

Cycle news reports that MV Agusta Files For Chapter 11 Bankruptcy


Emerald Oil files for Chapter 11

Added March 28, 2016

According to Petro Global News, Emerald Oil files for Chapter 11


Southcross Holdings LP Announced Filing of Restructuring Plan

Added March 28, 2016

The Street Insider reports that Southcross Holdings LP Announced Filing of Restructuring Plan


Mine cleanup could cost taxpayers millions

Added March 28, 2016

Mine cleanup could cost taxpayers millions


Republic Settles Delta Lawsuit Over Canceled Flights

Added March 28, 2016

The Memphis Daily News reports that Republic Settles Delta Lawsuit Over Canceled Flights


Bonanza Creek Energy, Inc. Announces Corporate Reorganization and Senior Management Changes

Added March 28, 2016

Bonanza Creek Energy, Inc. Announces Corporate Reorganization and Senior Management Changes


Diffusion Pharmaceuticals Provides Corporate Highlights and Reports 2015 Financial Results

Added March 28, 2016

Morningstar reports that Diffusion Pharmaceuticals Provides Corporate Highlights and Reports 2015 Financial Results


Naked Brand Group says effective Mar 17, Michael Flanagan retired as CFO

Added March 28, 2016

Reuters reports that Michael Flanagan has retired as CFO of Naked Brand Group.


Moody's concludes reviews for 11 US oilfield services companies

Added March 28, 2016

Moody's concludes reviews for 11 US oilfield services companies


Muni-Bond Funds Burned Chasing Yield With Wood-Pellet Bankruptcy

Added March 28, 2016

Muni-Bond Funds Burned Chasing Yield With Wood-Pellet Bankruptcy


Quantum Technologies Files for Relief Under Chapter 11

Added March 28, 2016

According to ABL Advisor, Quantum Technologies Files for Relief Under Chapter 11


Ryckman Creek Resources Receives Court Approval for $35,000,000 Debtor-in-Possession Loan

Added March 28, 2016

Ryckman Creek Resources Receives Court Approval for $35,000,000 Debtor-in-Possession Loan


What are rising gas prices really telling us?

Added March 28, 2016

What are rising gas prices really telling us?


The Troubling Economic Impact of the Ongoing Nortel Bankruptcy

Added March 28, 2016

Inside Sources reports on the troubling economic Impact of the ongoing Nortel bankruptcy


Big Shoulders Capital Completes Purchase of LB Steel

Added March 28, 2016

ABL Advisor reports that Big Shoulders Capital Completes Purchase of LB Steel


Pipeline companies threaten liens on oil producers that do not pay

Added March 28, 2016


Cruise operators and airlines lower after Brussels explosions

Added March 28, 2016

Cruise operators and airlines lower after Brussels explosions


Energy Companies Pay Up to Raise Cash

Added March 28, 2016

Energy Companies Pay Up to Raise Cash


Hyundai Merchant Heading for Bankruptcy ?

Added March 28, 2016

Hyundai Merchant Heading for Bankruptcy ?


Pipeline Companies Leaking After Bankruptcy Ruling

Added March 28, 2016

Pipeline Companies Leaking After Bankruptcy Ruling


Renegade Tobacco era nears legal extinguishment

Added March 28, 2016

Renegade Tobacco era nears legal extinguishment


Atlantic City, Bracing for Takeover, Sees Camden as Cautionary Tale

Added March 28, 2016

Atlantic City, Bracing for Takeover, Sees Camden as Cautionary Tale


What Atlantic City government shutdown means to casinos

Added March 28, 2016

What Atlantic City government shutdown means to casinos


Ultra Petroleum Corp, Linn Energy and Others Expected to File for Bankruptcy

Added March 28, 2016

Ultra Petroleum Corp, Linn Energy and Others Expected to File for Bankruptcy


Bankruptcies Fuel Uncertainty In Coal Communities

Added March 28, 2016

NPR reports how Bankruptcies Fuel Uncertainty In Coal Communities


Oil Patch Bankruptcies Hit $17.4 Billion

Added March 28, 2016

Value Walk reports that Oil Patch Bankruptcies Hit $17.4 Billion


Judge Rejects Baker Botts Fee Proposal in New Gulf Bankruptcy

Added March 24, 2016

The American Lawyer reports that a judge has rejected the Baker Botts Fee Proposal in the New Gulf Bankruptcy


Emerald Oil Files for Chapter 11 Protection

Added March 24, 2016

Reuters reports that Emerald Oil recently filed for Chapter 11 Protection


Republic Airways Can Use Bankruptcy to Return Embraer Planes

Added March 24, 2016

According to Bloomberg.com, Republic Airways Can Use Bankruptcy to Return Embraer Planes


Chip-Card Payment System Delays Frustrate Retailers

Added March 24, 2016

CNBC reports on how the Chip-Card Payment System Delays Frustrate Retailers


Wall Street Faces New Rules on Pay

Added March 24, 2016

According to the Wall Street Journal, Wall Street Faces New Rules on Pay.


Decision on Mortgage Relief Seen in 30 Days, FHFA's Watt Says

Added March 24, 2016

Bloomberg reports that the decision on mortgage relief can be seen in 30 days, FHFA's Watt Says.


Atlantic City Mayor Warns of Shutdown Amid Push for State Rescue

Added March 24, 2016

Bloomberg reports that Atlantic City Mayor Warns of Shutdown Amid Push for State Rescue


Illinois Asks Peabody Energy for Info on Future Cleanup Costs

Added March 24, 2016

According to the St. Louis Post Dispatch, Illinois Asks Peabody Energy for Info on Future Cleanup Costs


U.S. Bank Regulators Issue New Rules for Prepaid Cards

Added March 24, 2016

Reuters reports that U.S. Bank Regulators Issue New Rules for Prepaid Cards


Valeant Pharmaceuticals Focus Shifts to Talks with Debtholders

Added March 24, 2016


Natural gas prices near 14-year lows; oil prices still down about 75% from two years ago.

Added March 23, 2016

Natural gas prices near 14-year lows; oil prices still down about 75% from two years ago.


Supreme Court recently heard oral argument on whether actual fraud requires a false representation.

Added March 23, 2016

The Supreme Court recently heard an oral argument on whether actual fraud requires a false representation.


Job Openings in U.S. Increased in January to 5.54 Million

Added March 22, 2016

Bloomberg reports that Job Openings in U.S. Increased in January to 5.54 Million


Uber drivers next stop: Bankruptcy?

Added March 22, 2016

The Silicon Valley Busines Journal investigates Uber drivers next stop: Bankruptcy?


Half of U.S. May Endure a Lost Decade of Depressed Employment

Added March 22, 2016


Presence Health CEO tending to ailing hospital chain

Added March 22, 2016

The Chicago Tribune reports that the CEO of Presence Health is tending to the ailing hospital chain


The Unexpected Threat To Our Economic Growth System

Added March 22, 2016

Oilprice.com investigates the unexpected threat to our economic growth system


California Oil Driller Venoco Files Bankruptcy After Spill

Added March 22, 2016

Bloomberg reports that California Oil Driller Venoco Files Bankruptcy After Spill


American Hospice Management Files Chapter 11

Added March 22, 2016

CFO.com reports that American Hospice Management Files Chapter 11


Venoco files for Chapter 11 bankruptcy

Added March 22, 2016

According to Pacific Coast Business Times, Venoco files for Chapter 11 bankruptcy


Southcross Energy Partners (SXE) Delays 10-K Due to Parent Chapter 11 Talks

Added March 22, 2016

According to Streetinsider.com, Southcross Energy Partners (SXE) Delays 10-K Due to Parent Chapter 11 Talks.


GTAT back in business after chapter 11 bankruptcy exit

Added March 22, 2016

GTAT back in business after chapter 11 bankruptcy exit, according to PVTech.com.


Supreme Court hits first post-Scalia deadlock in bankruptcy case

Added March 22, 2016

Supreme Court hits first post Scalia deadlock in bankruptcy case


Blue Earth (BBLU) Announces Chapter 11 Bankruptcy Filing

Added March 22, 2016

Blue Earth (BBLU) Announces Chapter 11 Bankruptcy Filing


Pontiac General undergoing rebirth after second bankruptcy in six years

Added March 21, 2016

Crains Detroit reports that Pontiac General is undergoing rebirth after second bankruptcy in six years


Arch Coal Paid Bonuses Days Before Bankruptcy

Added March 21, 2016

Wyoming Public Radio reports that Arch Coal executives were paid bonuses days before the bankruptcy filing.


Is Conneaut Lake Park court fight worth the cost?

Added March 21, 2016

The Meadville Tribune asks Is the Conneaut Lake Park court fight worth the cost?


Struggling U.S. oil and gas companies eye rare financing deals

Added March 21, 2016

According to Reuters, Struggling U.S. oil and gas companies eye rare financing deals.


A wave of bankruptcies from American oil companies won't be enough to trigger a recession

Added March 21, 2016

A wave of bankruptcies from American oil companies won't be enough to trigger a recession


Relativity Media can exit bankruptcy, judge says

Added March 21, 2016

The LA Times reports that Relativity Media can exit bankruptcy


US oil producer Venoco files for bankruptcy

Added March 18, 2016

CNBC reports that US oil producer Venoco files for bankruptcy


Former Apple sapphire supplier GT Advanced emerges from bankruptcy

Added March 18, 2016

According to Apple Insider, Former Apple sapphire supplier GT Advanced emerges from bankruptcy


Trucking company at L.A., Long Beach ports files bankruptcy

Added March 18, 2016

Trucking company at L.A., Long Beach ports files bankruptcy


Cloud Peak Energy Will Not Benefit From Peabody's Bankruptcy

Added March 18, 2016

Seeking Alpha reports that Cloud Peak Energy Will Not Benefit From Peabody's Bankruptcy


Linn Energy execs get $15M in target bonuses

Added March 18, 2016

According to the Wyoming Business Report, Linn Energy executives received $15M in target bonuses


Lehman employees lose appeal over stock losses from bankruptcy

Added March 18, 2016

According to Reuters, Lehman employees lose appeal over stock losses from bankruptcy


Caesars could take $5 billion hit from units bankruptcy

Added March 17, 2016

The New York Post reports that Caesars could take $5 billion hit from units bankruptcy


Bankruptcy leads Sports Authority to sue more than 160 suppliers

Added March 17, 2016

According to the Denver Post, bankruptcy leads Sports Authority to sue more than 160 suppliers


Southcross Energy says parent company may file for bankruptcy

Added March 17, 2016

Reuters reports that Southcross Energy says parent company may file for bankruptcy


Southern California Drayage Hauler TTSI Files Chapter 11

Added March 17, 2016

Southern California Drayage Hauler TTSI Files Chapter 11 Bankruptcy


The Crow Film Rights in Dispute After Relativity Bankruptcy

Added March 17, 2016

The Crow Film Rights are reportedly in Dispute After Relativity Bankruptcy


U.S. appeals court weighs extent of GMs bankruptcy protection

Added March 17, 2016

Business Insurance reports that the U.S. appeals court weighs the extent of GMs bankruptcy protection


Madoff Trustee Loses Bulk Of $220M Legacy Clawback

Added March 17, 2016

Bankruptcy Judge Stuart M. Bernstein held on March 14th that investors in the Ponzi scheme perpetuated by Bernard Madoff will not have greater liability for having had suspicions and conducting investigations to determine whether there was fraud. Judge Bernstein wrote a customer had actual knowledge only if the customer knew that there were no actual securities transactions being conducted. This serves to distinguish those with suspicions from the many decisions holding that customers are liable for paying back principal investments received within six years before bankruptcy if they had actual knowledge of the Ponzi scheme. This Law360 article is a good take on the decision.


Warning of Bankruptcy, Goodrich Pete Skips Interest Payments, Eyes Debt Swap

Added March 15, 2016

HighYieldBond.com reports on a warning of Bankruptcy, Goodrich Petroleum Skips Interest Payments, Eyes Debt Swap.


Caesars Adequacy Hearing Ch. 11 on Shaky Ground Ahead of Examiner Report

Added March 15, 2016

According to HighYieldBond.com, Caesars Adequacy Hearing Ch. 11 is on Shaky Ground Ahead of Examiner Report.


The Fresh Market eyes secured bonds in Apollo-backed take-private transaction

Added March 15, 2016

The Fresh Market reportedly is eyeing secured bonds in Apollo-backed take-private transaction, per HighYieldBond.com.


Linn Energy says bankruptcy may be unavoidable

Added March 15, 2016

According to Reuters, Linn Energy says bankruptcy may be unavoidable


U.S. appeals court weighs extent of GMs bankruptcy protection

Added March 15, 2016

U.S. appeals court weighs the extent of GM's bankruptcy protection, according to Reuters.


Foresight shares tumbles 26 percent after bankruptcy warning

Added March 15, 2016

According to the St. Louis Post Dispatch, Foresight shares tumbled 26 percent after bankruptcy warning.


Hunt-Oncor Marriage on the Rocks Before Theyve Tied Knot

Added March 14, 2016

Bloomberg reports that Hunt-Oncor Marriage on the Rocks Before They've Tied Knot


Overdraft Practices Continue to Haunt Customers

Added March 14, 2016

Tampa Bay Times reports that Overdraft Practices Continue to Haunt Customers


Shortage of pilots key factor in Republics Chapter 11 filing

Added March 14, 2016

Travel Weekly reports that a shortage of pilots key factor in Republics Chapter 11 filing


Lear seeks UAW deal for Detroit jobs

Added March 14, 2016

Automotive News reports that Lear seeks UAW deal for Detroit jobs


Will the Federal Reserve Raise Interest Rates in 2016?

Added March 14, 2016

The Motley Fool investigates whether the Federal Reserve will raise interest rates in 2016.


Report Details the Most Distressed, Most Prosperous Parts of the US

Added March 14, 2016

Multi-Housing News discusses a report that details the Most Distressed, Most Prosperous Parts of the US


Avoiding the fall: Bankruptcy filings plummeted in 2015, but will the trend continue?

Added March 14, 2016

Crains Cleveland Business investigates how to avoid the fall of bankruptcy filings, which reportedly plummeted in 2015, but will the trend continue?


Hallmark Cards Inc. to acquire Crown Media Holdings Inc.

Added March 14, 2016

Markets Morning reports on Hallmark Cards Inc.and its proposed acquisition of Crown Media Holdings Inc.


21st Century Oncology confirms settlement with feds

Added March 14, 2016

The News Press reports that 21st Century Oncology confirms settlement with the feds


Aspect Software Files Bankruptcy to Cut Debt Load

Added March 14, 2016

According to CFO.com, Aspect Software Files Bankruptcy to Cut Debt Load


Builders FirstSource reports 4Q loss

Added March 14, 2016

Yahoo Finance reports that Builders FirstSource reports 4Q loss


KaloBios sets up funding to clear bankruptcy, acquire Chagas drug

Added March 14, 2016

BioPharma Dive reports that KaloBios sets up funding to clear bankruptcy, acquires Chagas drug.


IHeart Said to Enter Lender Pact That May Stop Default Fight

Added March 11, 2016

Bloomberg reports that IHeart is said to Enter Lender Pact That May Stop Default Fight


Top Puerto Rico luxury hotel targeted in tax evasion case

Added March 11, 2016

The Daily Mail reports that a top Puerto Rico luxury hotel has been targeted in a tax evasion case.


Legislation for Medical Debt Relief Introduced in Senate and House

Added March 11, 2016

ACA International reports on legislation for medical debt relief introduced in the US Senate and House of Representatives.


Del. Judge Nixes Bid To Delay Magnum Hunter Ch. 11 Plan

Added March 11, 2016

Law 360 reports that a Delaware judge nixes bid to delay Magnum Hunter Ch. 11 Plan


Valeant Says It's Under Investigation by SEC, Shares Plunge

Added March 11, 2016

According to Bloomberg, Valeant Says It's Under Investigation by SEC, Shares Plunge


Ethics Group Urges Inquiry of Mortgage Banking Lobbyist Who Led FHA

Added March 11, 2016

According to the New York Times, an ethics group urges inquiry of mortgage banking lobbyist who led FHA


As Coal Mining Continues, What Does Bankruptcy Mean On The Ground?

Added March 10, 2016

Inside Energy reports that as Coal Mining Continues, What Does Bankruptcy Mean On The Ground?


Texas bankruptcy no basis for canceling I-77 toll contract

Added March 10, 2016

The Charlotte Observer reports that Nick Tennyson is going to Texas on Monday to check out a bankruptcy involving another private toll lane project


GreenHunter Resources Files for Chapter 11 Protection

Added March 10, 2016

Fort Worth Business reports that GreenHunter Resources Files for Chapter 11 Protection


U.S. Regulators Vote to Keep MetLife's High-Risk Tag

Added March 10, 2016

Reuters reports that U.S. Regulators Vote to Keep MetLife's High-Risk Tag


Peabody Energy Says It Has Held Talks With First Lien Lender

Added March 10, 2016

According to Bloomberg, Peabody Energy Says It Has Held Talks With First Lien Lender


Court rules N.Y. attorney generals Trump University fraud lawsuit can proceed

Added March 10, 2016

New York Daily News reports that court rules N.Y. attorney generals Trump University fraud lawsuit can proceed


Recycling industry buffeted by falling prices

Added March 9, 2016

The Indianapolis Business Journal reports on how the recycling industry is buffeted by falling prices


Pioneer CEO: Half of US indies may go bankrupt

Added March 9, 2016

About half of US independent producers are likely to file for bankruptcy this year amid a prolonged oil market weakness, Pioneer's chief executive Scott Sheffield said.


Distressed Coal Will The Cycle Ever Turn?

Added March 9, 2016


Mounting debt catches up with U.S. oil producers

Added March 9, 2016

The Dallas Morning News reports on mounting debt and how it is catching up with U.S. oil producers


Distressed Asset Acquisitions Outside Bankruptcy in the Oil and Gas Space

Added March 9, 2016

JDSupra investigates distressed asset acquisitions outside bankruptcy in the oil and gas space


Texas business bankruptcies may double: The carnage is going to be terrible

Added March 9, 2016

The Dallas Morning News reports on the notion that Texas business bankruptcies may double.


Lawmakers Urge Greater Care With Sales of Distressed Mortgages

Added March 8, 2016

The NYT Deal Book reports that Lawmakers Urge Greater Care With Sales of Distressed Mortgages


Stressed Out: 3 Steelmakers Staging Huge Turnaround on Price Rebound, Tariffs

Added March 8, 2016

The Street reports on 3 Steelmakers Staging Huge Turnaround on Price Rebound, Tariffs


Is Peabody Energy Preparing for Bankruptcy?

Added March 8, 2016

24/7 Wall Street reports if Peabody Energy is preparing for bankruptcy


A.C. bankruptcy or state-led reorganization needed before bailout

Added March 8, 2016

The Press of Atlantic City reports on A.C. bankruptcy or whether a state led reorganization is needed before a bailout


Startup that got $3M in state funds files for bankruptcy

Added March 8, 2016

News 4 San Antonio reports that Palmaz Scientific, a startup that got $3M in state funds, files for bankruptcy.


Dry bulk shipper Bulk Invest files for bankruptcy

Added March 8, 2016

Reuters reports that Dry bulk shipper Bulk Invest files for bankruptcy


Abengoa's Top Shareholder Ready for Big Dilution to Unlock Debt Talks

Added March 7, 2016

Reuters reports that Abengoa's Top Shareholder Ready for Big Dilution to Unlock Debt Talks.


Fresh & Easy Workers Sue Over Layoffs After Co. Hits Ch. 11

Added March 7, 2016

Law 360 reports that Fresh & Easy Workers Sue Over Layoffs After Co. Hits Ch. 11.


In Scandal at Puerto Rico Utility, Ex-Fuel Buyer Insists He Took No Bribes

Added March 7, 2016

The New York Times reports that an ex-fuel buyer with a Puerto Rico Utility insists he took no bribes.


Operator of Fastest Superhighway in US Files for Bankruptcy

Added March 7, 2016

The New York Times reports that SH 130 Concession Co. , the operator of the fastest superhighway in the US files for bankruptcy.


As Detroit Starts to Mend, Its Schools Lurch Toward Fiscal Crisis

Added March 7, 2016

The New York Times reports that as Detroit Starts to Mend, Its Schools Lurch Toward Fiscal Crisis


Retirees Win Lengthy Pension Fight With Rencos Ira Rennert

Added March 7, 2016

The NYT Deal Book reports that retirees Win Lengthy Pension Fight With Rencos Ira Rennert


Upstate Bruegger's Bagels files for bankruptcy to reorganize company

Added March 4, 2016

Upstate Bruegger's Bagels files for bankruptcy to reorganize company


Fresh & Easy Didn't Pay Off Departing Workers' PTO, Suit Says

Added March 4, 2016

Law 360 reports that Fresh & Easy Didn't Pay Off Departing Workers' PTO, Suit Says


The Mystery Madoff Victims Who Left $2.5 Billion on the Table

Added March 4, 2016

Canmua reports on the Mystery Madoff Victims Who Left $2.5 Billion on the Table


For-Profit College Files Bankruptcy, Owes $19.5 Million to Landlord

Added March 4, 2016

South Florida Business Journal reports on the For-Profit College that Files Bankruptcy, Owes $19.5 Million to Landlord


Fed Plans Second Effort at Limiting Banks' Ties to One Anothe

Added March 4, 2016


Magnetation Will Emerge from Bankruptcy

Added March 4, 2016

The Herald Review (MN) reports that Magnetation LLC Will Emerge from Bankruptcy


Texas business bankruptcies may double

Added March 3, 2016

Dallas News reports that Texas business bankruptcies may double


Marc Lasry says oil price drop fuels distressed debt deals

Added March 3, 2016

Marc Lasry says oil price drop fuels distressed debt deals


Peabody Energy lenders recommend the company declare bankruptcy

Added March 3, 2016

Peabody Energy lenders recommend the company declare bankruptcy


Bulk Invest files petition for bankruptcy

Added March 3, 2016

Reuters reports that Bulk Invest files petition for bankruptcy


Clark Turner bankruptcy claims come in at $56.5M

Added March 3, 2016

Developer Clark Turner bankruptcy claims come in at $56.5M


Legions of ex-Nortel workers wait years for bankruptcy payouts

Added March 1, 2016

The News & Observer reports that legions of ex-Nortel workers wait years for bankruptcy payouts


Developer Nick Gouletas owes $1.7 million in bankruptcy case

Added March 1, 2016

Chicago Business Daily reports that developer Nick Gouletas owes $1.7 million in bankruptcy case


Puerto Rico government could shut down if denied bankruptcy, Treasury official says

Added March 1, 2016

The Spokesman Review reports that the Puerto Rico government could shut down if denied bankruptcy, Treasury official says


City officials say that San Bernardino is expected to emerge from bankruptcy by the end of the year

Added March 1, 2016

The Press Enterprise reports that San Bernardino is expected to emerge from bankruptcy by the end of 2016.


Republic Airways Files for Bankruptcy After Pilot Shortage

Added February 29, 2016

Bloomberg reports that Republic Airways Files for Bankruptcy After Pilot Shortage


Ambulance Operator Controlled by Lynn Tilton Files for Bankruptcy

Added February 29, 2016

The Wall Street Journal reports that the ambulance operator controlled by Lynn Tilton Files for Bankruptcy


Firesale in Energy Assets

Added February 29, 2016

Oilprice.com reports that despite the obvious pain in the energy sector for the last 18 months, major asset sales have been few and far between in the sector.


As oil prices sink, lenders' concern rises

Added February 29, 2016

Crains Cleveland Business reports that as oil prices sink, lenders' concern rises


TimkenSteel: Imminent Dilution Is The Only Way Out

Added February 29, 2016

According to Seeking Alpha, TimkenSteel: Imminent Dilution Is The Only Way Out


Abengoa unit files for U.S. bankruptcy with up to $10 billion in debt

Added February 29, 2016

Reuters reports that Abengoa unit files for U.S. bankruptcy with up to $10 billion in debt


Powa Technologies once worth $2.7 billion collapses into bankruptcy

Added February 26, 2016

CNN Money reports that Powa Technologies has filed bankruptcy.


How Americas next president should tackle a financial crisis

Added February 26, 2016

Fortune reports on how Americas next president should tackle a financial crisis.


Biggest Wave Yet of U.S. Oil Defaults Looms as Bust Intensifies

Added February 26, 2016

Bloomberg reports on the biggest Wave Yet of U.S. Oil Defaults Looms as Bust Intensifies


JP Morgan: U.S. Banks To Cut Credit Lines For Energy Firms

Added February 26, 2016

Banker & Tradesman reports that J.P. Morgan and other U.S. banks will cut credit lines for energy firms.


E&P Bankruptcies Could Spell Trouble For Midstream Sector

Added February 26, 2016

NGI reports that E&P Bankruptcies Could Spell Trouble For Midstream Sector


Corporate defaults are on the rise, with 3 more this week

Added February 26, 2016

MarketWatch reports that corporate defaults are on the rise, with 3 more this week


Judge blocks Madoff victims $11 billion lawsuit vs Picower estate

Added February 25, 2016

Reuters reports that a judge blocks the Madoff victims $11 billion lawsuit vs Picower estate.


Chesapeake Energy Surges Most in 7 Years on Buyout Speculation

Added February 25, 2016

The BOE reports that Chesapeake Energy Surges Most in 7 Years on Buyout Speculation.


More Subprime Borrowers Are Falling Behind on Their Auto Loans

Added February 25, 2016

According to Bloomberg, more subprime borrowers are falling behind on their auto loans.


Distressed Debt: Energy Woes Continue

Added February 25, 2016

Forbes reports that Distressed Debt: Energy Woes Continue As Oil & Gas Issuers Join Restructuring Watchlist


Texas lawyers see opportunity in bankruptcies

Added February 25, 2016

The Houston Chronicle reports that Texas lawyers see opportunities in bankruptcies.


Kmart to stock shelves with bankrupt companiesâ products

Added February 25, 2016

The New York Post reports that Kmart will stock shelves with bankruptcy companies products.


Citibank fined over debt collections and sales

Added February 24, 2016

USA Today reports that Citibank has been fined over debt collections and sales.


JPMorgan Has $125 Billion of Debt Eligible for TLAC

Added February 24, 2016

Bloomberg reports that JPMorgan Chase & Co. Has $125 Billion of Debt Eligible for TLAC.


Total Fees in Energy Future Holdings Bankruptcy Nearing $300 Million

Added February 24, 2016

Texas Lawyer reports that the total fees in Energy Future Holdings Bankruptcy are nearing $300 million.


Dodd-Frank Was Not Enough to End Too Big to Fail

Added February 23, 2016

DSNews reports that president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari said that Congress passed Dodd-Frank too quickly and that too big to fail is still alive and well more than seven years after the financial crisis.


Regulator warns of risk of keeping Fannie, Freddie under government control

Added February 23, 2016

Marketwatch reports that FHFA director Mel Watt is urging Congress to reconsider the conservatorship structure under which Fannie Mae and Freddie Mac operate.


GM to Issue Debt to Shore Up U.S. Hourly Pension Plan

Added February 23, 2016

General Motors Co. said it will issue $2 billion in new debt to help shore up its pension plan for U.S. hourly workers, Bloomberg News reported today.


Fearing wave of bankruptcies, U.S. corn belt wants new debt cap

Added February 22, 2016

Reuters reports with agricultural lenders fearing a tidal wave of farm bankruptcies as soon as this spring, lawyers in the Midwest say they want U.S. Senator Chuck Grassley of Iowa to raise the debt limit for so called family farmer bankruptcies.


Atlantic City, N.J., emergency manager suggests privatizing fire department

Added February 22, 2016

Reuters reports that Atlantic City, the distressed New Jersey gambling hub, should consider privatizing its fire-fighting services and convention center and find ways to make more money off its drinking water utility, the city's emergency manager said in an updated fiscal rescue plan.


Banks Post Living Wills Showing How They Would Avoid U.S. Bailout

Added February 22, 2016

More than 120 banks and other financial institutions on Friday posted plans for how they would wind down operations if they fail, without the help of public money.


New York Grocer Fairway on the Brink of Default as Losses Mount

Added February 22, 2016

Bloomberg reports that Fairway Group Holdings Corp., the New York gourmet grocery chain that once had ambitions of a nationwide expansion, is approaching default after years of red ink.


More oil and gas producers at risk of filing bankruptcy

Added February 18, 2016

Study shows that more than one-third of independent oil and gas producers are at risk of slipping into bankruptcy in 2016.


Supreme Court refuses to review student loan bankruptcy case

Added February 18, 2016

The Supreme Court recently refused to review a student loan bankruptcy case that could have led to a dismissal of over $260,000 in school debt.


Warren Resources Warns of Bankruptcy if Restructuring Fails

Added February 17, 2016

Energy Reporter reports that Warren Resources may enter bankruptcy if the proposed restructuring plan fails.


Health Diagnostic Creditors to Vote on Liquidation Plan

Added February 17, 2016

Dow Jones reports that the creditors of Health Diagnostic will vote on a liquidation plan.


Hit by commodity crash, Noranda Aluminum seeks Chapter 11 protection

Added February 17, 2016

Reuters reports that Noranda Aluminum seeks Chapter 11 protection after a recent commodity crash


Whiting Petroleum Corp Bonds Drop 6.4% During Trading

Added February 16, 2016

Financial Market News reports that Whiting Petroleum Corp (WLL) Bonds Drop 6.4% During Trading.


One-Third of Oil Companies could go bankrupt in 2016

Added February 16, 2016

Fortune reports that one-third of oil companies could go bankrupt in 2016.


Energy Co. Alta Mesa Lines Up Third-Lien Leveraged Loan Via Debt Swap

Added February 16, 2016

Forbes reports that Energy Co. Alta Mesa Lines Up Third-Lien Leveraged Loan Via Debt Swap.


Stressed Out: 5 Steelmakers to Put on Your Distressed Watch List

Added February 15, 2016

The Street talks about 5 steelmakers to add to your list of distressed companies to watch.


JES to sell distressed shipbuilding units to private investor

Added February 15, 2016

Seatrade Marine Times reports that JES International Holdings will sell its distressed shipbuilding units to private investor for $500K.


Two West Michigan golf courses seek bankruptcy

Added February 11, 2016

MLive reports that Wallinwood Springs Golf Club and Lake Doster Golf Club are both seeking Chapter 11 bankruptcy protection.


Ginger Oil Co. files for Chapter 11 Bankruptcy

Added February 11, 2016

The Houston Business Journal reports that the Woodlands-based Ginger Oil Co., a subsidiary of Sweden-based Ginger Oil AB, filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code on Feb. 4.


In re Sentinel Management: Inquiry Notice and Equitable Subordination

Added February 9, 2016

Interesting post by Ilissa Watnik, Senior Legal Editor, Practical Law at Thomson Reuters, noting that the Seventh Circuit just held that suspicion of wrongdoing is sufficient to give a bank inquiry notice of that wrongdoing, barring the bank's defense of good faith in a fraudulent transfer claim.


Toys R Us working to refinance debt

Added February 9, 2016

Aleksandra Gjorgievska and Jodi Xu Klein at Bloomberg Business report that Toys R Us Inc. is working with Bank of America Corp., Goldman Sachs Group Inc. and Lazard to refinance its debt.


Chesapeake Energy Plunges On Bankruptcy Fears

Added February 8, 2016

According to Forbes, Shares in Chesapeake Energy were halted in mid-morning trading after selling off over half on lows on a report from Debtwire that the company had hired restructuring specialists Kirkland & Ellis.


SeaPort Airlines files for bankruptcy

Added February 8, 2016

USA Today reports that Oregon-based SeaPort Airlines has filed for Chapter 11 bankruptcy protection but the company says daily operations will not be interrupted.


Sports Authority may file for bankruptcy

Added February 8, 2016

CBS4 reports that Sports Authority Inc. could be preparing to file for bankruptcy. The major retailer skipped a $20 million interest payment in January.


Linn Energy considers bankruptcy

Added February 8, 2016

The Houston Chronicle reports that Shares in Houston-based Linn Energy fell by nearly 60 percent Friday amid bankruptcy fears after the company disclosed a new loan and revealed bigger bonus targets for its top executives.


Gas storage facility faces bankruptcy

Added February 8, 2016

According to Wyoming Business Report, the companies building and running the massive and troubled Ryckman Creek gas storage facility near Opal both filed for chapter 11 bankruptcy protection Tuesday. Both Peregrine Midstream Partners LLC and its subsidiary filed for chapter 11 bankruptcy protection Tuesday, having exhausted funding just before completing the Ryckman Creek facility it started building in 2011.


Creditors seek to put Abengoa US bioethanol unit into bankruptcy

Added February 8, 2016

Reuters reports that Creditors of Abengoa Bioenergy of Nebraska LLC have asked a federal judge to put the U.S. affiliate of troubled Spanish renewable energy group Abengoa into bankruptcy because it owes them more $4 million for grain.


You Can't Expect An Acquisition To Save Your Distressed Company Or Its Shares

Added February 4, 2016

Sometimes people dream that highly punished energy shares can now be acquisition targets. This article delves into the subject and shows why distressed energy companies are not likely to be the targets of such acquisitions.