Bankruptcy
Bankruptcy Articles
On Monday, PG&E filed its bankruptcy reorganization plan. Now the negotiations really begin.
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PG&E has rejected two offers to purchase assets as part of its bankruptcy restructuring. One of the offers, from the city of San Francisco, would have paid $2.5 billion in cash for the company's...
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Regional retailer Fred's filed for Chapter 11 bankruptcy protection Monday morning.
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Shares of drugmaker Mallinckrodt have lost more than 40% overnight following reports that the firm has hired restructuring advisors. A bankruptcy filing is a real possibility.
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Mallinckrodt is a pharmaceutical player that has been in trouble over its role in the opioid crisis in America. Investors have to wonder if the worst outcome is in the making.
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PG&Eshares fell almost 30% on Monday to a low not seen since early in 2019 after news that a California court has ruled that the utility will have to face a jury trial.
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The financial and operational situation at Bed Bath & Beyond is deteriorating quickly. Like a handful of other large, battered retailers, if it cannot sharply reverse course, it could be headed...
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Coal companies don't have many weapons to fight back with against the ever-falling prices and increasing capability of renewable electricity generation. Coal's flailing decline may be picking up...
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In a period during when besieged retailers continue to close hundreds of stores, a major chain has told its landlords that if they do not improve the terms of their leases, it will tie up the...
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Fentanyl-maker Insys Therapeutics has filed for bankruptcy protection while the company sells all its assets.
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PG&E announced that its annual shareholders' meeting scheduled for May 9 will be delayed until June. The company recently named a new CEO and 10 new board members.
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It seems improbable that any large city in the world could go bankrupt. According to experts, it could occur in one of the world's largest cities, as it nearly there did in 1975.
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Rural broadband provider Windstream now is reportedly on the verge of filing for bankruptcy. Many readers may find this of little surprise, but the outcome for the company's shareholders has been...
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Charlotte Russe, the women's fashion brand retailer, has gone back bankrupt and will close nearly 100 stores. It follows 19 other retailers that have announced they will shutter hundreds of locations...
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Now the PG&E Corp. (NYSE: PCG) has filed for bankruptcy protection and several asset management firms have either objected to the filing or say they are prepared to buy convertible debt in the...
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