News by subject: BANKRUPTCY

Delta Apparel, Inc. (the "Company"), a leading provider of core activewear and lifestyle apparel, today announced that it received notification from NYSE Regulation, Inc. ("NYSE Regulation") that NYSE Regulation has initiated proceedings to delist...

Airspan Networks Holdings Inc. ("Airspan" or the "Company"), a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today...

The following is a statement from the Ad Hoc Group of Counsel representing individuals harmed by baby powder products: "Our coalition proudly supports the fair and timely resolution of this matter through the bankruptcy process. The $6.48 billion...

Following on the announcement that Fisker Group Inc. filed for Chapter 11 protection in the District of Delaware, Fisker Inc. and its other U.S. subsidiaries have entered into Chapter 11. The Company's discussions regarding the sale of its assets...

DermTech, Inc. (DermTech or the Company), a leader in precision dermatology enabled by a non-invasive skin genomics technology, today filed for voluntary chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. The chapter 11...

Fisker Group Inc. ("Fisker"), the operating subsidiary of Fisker Inc., today announced that it filed for Chapter 11 protection in the District of Delaware on June 17, 2024. It is in advanced discussions with financial stakeholders regarding...

Nevada Copper Corp. and its subsidiaries (collectively, "Nevada Copper" or the "Company") today announced an update on its Chapter 11 bankruptcy process and management appointments. The Company has received orders from the Bankruptcy Court of...

Bondholders of the Puerto Rico Electric Power Authority ("PREPA"), including GoldenTree Asset Management, LP and Assured Guaranty Municipal Corp. and Assured Guaranty Inc. (the "PREPA Bondholders"), commented on yesterday's decision by the United...

CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") today announced the successful completion of its reorganization process and emergence from Chapter 11 protection effective June 12, 2024 (the "Effective Date"). CorEnergy emerges...

Today, Steward Health Care ("the Company"), a national fully integrated value-based healthcare system and the largest physician-led hospital operator in the United States, announced that it has secured additional financing commitments totaling $225...

WeWork, the leading global flexible space provider, today announced it has successfully emerged from Chapter 11 and completed its global operational and financial restructuring. The Company also announced its new Board of Directors and the...

Nevada Copper Corp. and its subsidiaries (collectively, "Nevada Copper" or the "Company") today announced that they have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court of the...

The ad hoc group of term loan lenders (the "Ad Hoc Group" or "Lenders") of BYJU's Alpha Inc. ("Borrower") US$1.4 billion term loans ("Term Loans") announced today that certain holders of the Term Loans and GLAS Trust Company LLC (as administrative...

Omega Healthcare Investors, Inc. (the "Company" or "Omega") today issued the following statement in response to LaVie Care Centers' ("LaVie") announcement that it had filed for Chapter 11 bankruptcy protection in the Northern District of Georgia....

CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") announced that the U.S. Bankruptcy Court for the Western District of Missouri (the "Court") confirmed its Chapter 11 Plan of Reorganization (the "Plan") on May 24, 2024. Creditors...

WeWork announced today that its Plan of Reorganization has been confirmed by the United States Bankruptcy Court for the District of New Jersey, a final step in the Company's operational and financial restructuring. The Company expects to emerge from...

Takeoff Technologies, Inc. ("Takeoff" or "the Company"), a provider of e-grocery fulfillment solutions to leading grocery retailers across the globe, today announced that the Company and its subsidiaries filed voluntary petitions for relief under...

Cue Health Inc. ("Cue" or the "Company") , a healthcare technology company, today announced the Company has filed voluntary petitions under Chapter 7 of the U.S. Bankruptcy Code in the District of Delaware to pursue a wind down of its business. Cue...

Genesis Global Holdco, LLC ("GGH"), Genesis Global Capital, LLC ("GGC") and Genesis Asia Pacific Pte. Ltd. ("GAP", together with GGH and GGC, "Genesis" or the "Company") today announced that the United States Bankruptcy Court for the Southern...

CURO Group Holdings Corp. ("CURO" or the "Company") today announced that its Joint Prepackaged Plan of Reorganization (the "Plan") was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy...

Ted Baker Canada, which conducts business operations for Ted Baker in Canada, Ted Baker Limited in the United States, Brooks Brothers in Canada, and Lucky Brand in Canada (collectively, the "Company"), announced today that it will be commencing store...

Medical Properties Trust, Inc. (the "Company" or "MPT") today issued the following statement in response to Steward Health Care's decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code. MPT has approved...

Appgate , the secure access company, today announced a comprehensive restructuring plan designed to enhance its financial position and drive sustainable growth and performance. Key aspects of this plan include deleveraging Appgate's balance sheet to...

Ambri, the provider of long-duration Liquid Metaltm battery storage systems, today announced that it has agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders (the "Lender Consortium"), pursuant to which the...

Today, Steward Health Care ("the Company"), a national fully integrated value-based healthcare system and the largest physician-led hospital operator in the United States, announced that it has commenced an in-court restructuring process through the...

Electriq Power Holdings, Inc. ("Electriq" or "Company") , a trusted provider of intelligent energy storage and management solutions for homes and small businesses, today announced the Company has filed a voluntary petition for relief under Chapter 7...

MedMen Enterprises Inc. ("MedMen" or the "Company"), a cannabis company with subsidiaries operating across the United States, today announced that it made an assignment into bankruptcy pursuant to Canada's Bankruptcy and Insolvency Act (the...

EPI Health, LLC (Novan) has filed Chapter 7 bankruptcy on July 17, 2023. In connection with that filing, the company has ceased and shutdown all operations and terminated all its employees of all domestic US Sites. The EPI Health/Novan Trustee is...

Express, Inc. ("Express" or the "Company") today announced that it has received a non-binding letter of intent from a consortium led by WHP Global ("WHP"), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P....

TabaPay, Inc., the leading instant money movement platform for the fintech industry, today announced it has entered into an agreement to acquire the assets and affiliates of Synapse Financial Technologies, Inc. The agreement follows the filing by...

Athabasca Minerals Inc. ("Athabasca" or the "Corporation") announced today that it has applied to delist its common shares (the "Common Shares") from the TSX Venture Exchange (the "TSXV"). The delisting is being pursued in accordance with the terms...

NanoString Technologies, Inc. ("NanoString" or "the Company"), a leading provider of life science tools for discovery and translational research, today announced that substantially all of its assets will be acquired by Bruker Corporation ("Bruker"),...

BowFlex Inc. ("BowFlex" or "the Company") today announced that the U.S. Bankruptcy Court for the District of New Jersey (the "Court") entered an order approving the sale of the Acquired Assets pursuant to the terms of the previously announced...

Acorda Therapeutics, Inc. announced that Nasdaq Stock Market ("Nasdaq") today notified the Company that it will suspend trading in and delist the Company's common stock, effective with the opening of business on April 12, 2024. The notice follows...

WeWork announced today it has determined a final path forward at 90% of the locations in its global real estate portfolio through amended leases, new management agreements, or via the lease rejection process. This represents a significant milestone...

Shoes For Crews, LLC and its U.S. affiliates (collectively, "Shoes For Crews" or the "Company"), a global leader and pioneer in slip-resistant footwear, today announced that its U.S.-based entities have filed voluntary petitions for Chapter 11 relief...

Acorda Therapeutics, Inc. ("Acorda" or "the Company") today announced that it has entered into an asset purchase agreement with Merz Therapeutics to purchase substantially all of the assets of Acorda, including the rights to INBRIJA, AMPYRA, and...

Airspan Networks Holdings Inc. ("Airspan" or the "Company"), a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today...

CURO Group Holdings Corp. ("CURO" or the "Company") today announced that, on March 22, 2024, it entered into a Restructuring Support Agreement ("RSA") that is supported by holders (or their investment managers) of more than 74% of each of: (i) loans...

Petersen Health Care ("Petersen" or "The Company"), an operator of nursing homes and assisted living and long-term care facilities in Illinois, Iowa and Missouri, today announced that it has filed a voluntary petition for relief under Chapter 11 of...

Enviva Inc. ("Enviva" or the "Company"), a leading producer of sustainably sourced wood-based biomass, today announced that the U.S. Bankruptcy Court for the Eastern District of Virginia (the "Court") approved, among other matters, its previously...

Enviva Inc. ("Enviva" or the "Company"), a leading producer of sustainably sourced wood-based biomass, today announced that it has entered into two Restructuring Support Agreements ("RSAs"): one RSA with an ad hoc group of holders (the "Ad Hoc...

NanoString Technologies, Inc. ("NanoString" or the "Company"), a leading provider of life science tools for discovery and translational research, today announced that it has reached an agreement with Patient Square Capital ("Patient Square"), a...

BowFlex Inc. ("BowFlex" or "the Company") today announced that it has entered into a purchase agreement with Johnson Health Tech Retail, Inc. (the "Stalking Horse Bidder") to serve as the stalking horse bidder to acquire substantially all of the...

Polished.com Inc. (the "Company" or "Polished") has suspended its operations. These steps followed a comprehensive review by the Company's Board of Directors of available strategic alternatives, and upon consultation with the members of the...

ID Auto, Inc. (f/k/a PARTS iD, Inc.) ( "the Company") announced today that the Company's Joint Prepackaged Chapter 11 Plan of Reorganization (the "Plan") has been approved by a Delaware court and become effective. The Plan has received overwhelming...

CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") today announced that it has reached an agreement with certain of its noteholders on a comprehensive financial restructuring that will reduce debt and restructure its balance sheet....

Audacy, Inc., (the "Company" or "Audacy") announced today that the United States Bankruptcy Court for the Southern District of Texas (the "Court") approved the Company's Plan of Reorganization ("the Plan"). With the Plan approved, Audacy expects to...

GenesisCare, a leading oncology and multispecialty network, has announced the successful completion of its reorganization process and emergence on February 16 from Chapter 11 protection. During this restructuring, GenesisCare has achieved the key...

NanoString Technologies, Inc. , a leading provider of life science tools for discovery and translational research, today announced the Company has entered into a credit agreement with its existing lenders comprised of (a) $12,500,000 in new money...