Bankruptcy

Bankruptcy Articles

Movie theatres were once thought dead in the midst of the COVID-19 pandemic, however, AMC is making the case against that with its most recent capital raise.
J.C. Penney is on route to another Chapter 11, unless holiday sales are strong and sales remain strong into 2021.
AMC has filed to sell up to 20 million common shares to raise more capital.
Hertz Global stock more than doubled on Friday after it was announced that the company had arranged a new $1.65 billion debt package.
Oil and gas producer Oasis Petroleum filed a prepackaged bankruptcy plan Wednesday morning that the company expects to be accepted by November.
2020 is on track to see the highest number of retail bankruptcies and the highest number of store closures ever.
Independent oil and gas producer U.S. Energy has acquired the producing assets of bankrupt FieldPoint Energy for $500,000.
Shopping mall owner Brookfield Property is firing about 20% of its 22,000 employees as the firm tries to align itself with the future of mall ownership.
Gym chain New York Sports Clubs has filed for bankruptcy, a sign of the toll the pandemic has taken on the business.
Oil and gas producer Whiting emerged from a prepackaged bankruptcy on Wednesday. New shares opened at around $15 a share.
Like many retailers, J.Jill has been brutalized by the COVID-19 crisis and has drawn down on its credit facilities to stay afloat. An update of its financial situation to investors suggests that...
Lord & Taylor is the latest proof that no matter how long it has been part of the consumer department store landscape, a visible and respected brand cannot offset a sharp drop in sales and a crippled...
Oil and gas producer Chaparral Energy filed for bankruptcy protection on Sunday. It's one of more than 30 exploration and production companies to do that this year. It's not a sure thing that...
As bidders vie to buy the J.C. Penney retail operations, and perhaps its real estate, one of its attorneys said the company is "in the red zone."
Lord & Tayor and Tailored Brands just filed for bankruptcy, adding two to the number of traditional retailers that could not make it financially this year.