U.S. bankruptcy judge approves Purdue Pharma's $7 million executive bonus plan
(Reuters) – Purdue Pharma, the bankrupt maker of the OxyContin painkiller, on Monday obtained court approval to pay up to $7.1 million in [...]
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Anticipating the Next Wave Of Retail Bankruptcies
After the rush of bankruptcy filings last summer in the earlier phase of the ongoing COVID-19 pandemic, retail watchers had feared another wave [...]
The Ghosts of Brooks Brothers
After the retailer filed for bankruptcy one couple was left with a warehouse full of abandoned mannequins and a price tag of nearly [...]
Just Energy files to restructure in Canada after Texas freeze hit
(Reuters) – Electricity and gas provider Just Energy Group Inc said it was restructuring under the Companies’ Creditors Arrangement Act in Canada and [...]
Chesapeake Energy to emerge from bankruptcy court as a $5.13 billion enterprise
HOUSTON (Reuters) – U.S. oil and gas producer Chesapeake Energy’s Chapter 11 bankruptcy plan was approved by a U.S. judge on Wednesday, giving [...]
J.C. Penney rescue deal approved in bankruptcy court
FILE PHOTO: A closed portion of a JC Penney department store at an indoor shopping mall is seen before the mall closes again [...]
Mall Operators CBL, PREIT File for Bankruptcy Protection
The pain that flowed from consumers to retailers with the coronavirus is now bearing down all the more on landlords, with two mall [...]
AMC to raise fresh capital as liquidity troubles deepen
FILE PHOTO: Three women use the emergency exit stairs of an AMC movie theater as a makeshift gym in Smyrna, Georgia, U.S. April [...]
Mallinckrodt files for bankruptcy protection amid U.S. opioid litigation
FILE PHOTO: Bottles of prescription painkillers Oxycodone Hydrochloride, 30mg pills, made by Mallinckrodt sit on a counter at a local pharmacy, in Provo, [...]
Oasis Petroleum files for Chapter 11 bankruptcy protection
FILE PHOTO: A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin near Wink, Texas U.S. [...]