News by subject: BANKRUPTCY

Second paragraph, third sentence now reads: During the restructuring, SRH plans to launch a process with the goal of finding new capital and best position the Company for long-term success. The corrected release reads: SUSTAINABLE RESTAURANT...

Creative Hairdressers, Inc., a leading operator of salon brands including Hair Cuttery, BUBBLES and Salon Cielo, announced that is has received approval from the United States Bankruptcy Court for the District of Maryland for certain bidding...

Stage Stores, Inc. ("Stage" or the "Company") today announced that the Company has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. The Company will...

PG&E Corporation and Pacific Gas and Electric Company (together, "PG&E") are sharing a reminder that the deadline for eligible parties to vote on PG&E's Chapter 11 Plan of Reorganization (the "Plan") is in one week. All ballots must be received by...

John Varvatos Enterprises, Inc. ("John Varvatos Enterprises" or "the company"), the owner of the globally recognized luxury menswear brands John Varvatos Collection and John Varvatos Star USA, today announced it has reached agreements with an...

PG&E Corporation and Pacific Gas and Electric Company (together, "PG&E") are sharing a reminder that the deadline for eligible parties to vote on PG&E's Chapter 11 Plan of Reorganization (the "Plan") is in two weeks. All ballots must be received by...

Whiting Petroleum Corporation and certain subsidiaries (collectively, "Whiting" or the "Company") today announced that they have entered into a restructuring support agreement (the "RSA") with certain holders (the "Supporting Noteholders") of its...

Creative Hairdressers, Inc., a leading operator of salon brands including Hair Cuttery, BUBBLES and Salon Cielo, today announced an agreement to sell its assets to HC Salon Holdings, Inc., an affiliate of Tacit Salon Holdings, LLC, along with a plan...

Whiting Petroleum Corporation announced today that on April 14, 2020, it received a notice from the New York Stock Exchange ("NYSE") that the Company's common stock is not in compliance with the NYSE's continued listing standard that requires the...

Commercial-stage antibiotics company Melinta Therapeutics ("Melinta") and healthcare investment firm Deerfield Management Company, L.P. ("Deerfield"), announced today that Melinta has successfully completed its financial restructuring and has emerged...

Frontier Communications Corporation ("Frontier" or the "Company") today announced that it has received approvals on an interim basis from the U.S. Bankruptcy Court for the Southern District of New York for the "First Day" motions related to the...

Global Cloud Xchange ("GCX" or the "Company") today announced that its non-regulated businesses, representing a vast majority of the global network and operations, have successfully emerged from the Chapter 11 process. The regulated businesses are...

LSC Communications, Inc. ("LSC" or the "Company") today announced that the Company, along with most of its U.S. subsidiaries, has voluntarily filed for business reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court...

PG&E Corporation and Pacific Gas and Electric Company (together, "PG&E") have sent voting materials to approximately 250,000 parties entitled to vote on PG&E's Chapter 11 Plan of Reorganization (the "Plan"). Eligible voting parties include fire...

PG&E Corporation and Pacific Gas and Electric Company (together, "PG&E") today shared the following statements of continued support for its settlement agreement with wildfire victims and the company's Plan of Reorganization ("the Plan"). PG&E's Plan...

Quorum Health Corporation (the "Company") today announced that it has entered into a Restructuring Support Agreement (the "RSA") with a majority of its term loan lenders and noteholders on a "pre-packaged" plan to recapitalize the business and...

Dean Foods Company ("Dean Foods" or the "Company") today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has approved the sale, subject to entry of final agreed orders, of a substantial portion of Dean Foods'...

Whiting Petroleum Corporation and certain subsidiaries (collectively, "Whiting" or the "Company") today announced that they had commenced voluntary Chapter 11 cases under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the...

Dean Foods Company ("Dean Foods" or the "Company") today announced that, following a comprehensive sale process and a competitive auction as part of its Chapter 11 process, Dairy Farmers of America ("DFA") has been named the winning bidder to acquire...

Lehman Brothers Holdings Inc. ("LBHI"), as Plan Administrator, announced today in a court filing the percentage recovery that will be distributed on April 2, 2020 to holders of allowed claims against LBHI and its various affiliated Debtors...

Faraday Future (FF), a California-based global intelligent mobility company, today announced that Yueting Jia (YT), the Founder and CPUO of Faraday Future (FF), has achieved very positive results at the hearing held by the United States Bankruptcy...

PG&E Corporation and Pacific Gas and Electric Company (together, "PG&E" or the "company") announced that the company filed today a motion with the Bankruptcy Court outlining new commitments to its Plan of Reorganization ("Plan"). The Governor's...

Windstream announced on Monday, March 9 that it entered into an amendment to its previously announced Plan Support Agreement (the "Amended PSA") expanding the scope of participants who may participate in the "priority" tranche of the rights offering...

Modell's Sporting Goods ("Modell's" or the "Company"), America's oldest family owned and operated retailer of sporting goods, athletic footwear, active apparel and fan gear, today announced that the Company has voluntarily filed for relief under...

Windstream announced Monday, March 9 that it entered into an amendment to its previously announced Plan Support Agreement (the "Amended PSA") expanding the scope of participants who may participate in the "priority" tranche of the rights offering by...

On March 10, 2020, Foresight Energy LP, and its general partner Foresight Energy GP LLC (together, "Foresight Energy" or the "Partnership") , announced that Foresight Energy and all of its subsidiaries entered into a Restructuring Support Agreement...

Windstream today announced that it has entered into an amendment to its previously announced Plan Support Agreement (the "Amended PSA") expanding the scope of participants who may participate in the "priority" tranche of the rights offering by...

Bluestem Brands, Inc. (Bluestem), along with its subsidiaries and affiliates, announced today that it has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware....

Bluestem Group Inc. (the "Company" or "BGI"), today announced that Bluestem Brands, Inc., an indirect, wholly owned subsidiary of the Company, together with certain of its affiliates (collectively, "BBI"), has filed voluntary petitions for relief...

Windstream today announced that it has entered into a Plan Support Agreement (the "PSA") with its first lien creditors regarding the main terms of a comprehensive financial restructuring. The company also announced it has reached a settlement...

Cosi, Inc., the fast casual restaurant company that was founded in 1998 and which operates in multiple states and abroad through both company and franchised locations, commenced a restructuring of its operations by closing thirty of its stores in...

PCT International, Inc., a former customer of EZconn Corporation with whom EZconn has done no business since March 2014, recently issued a press release concerning the status of PCT's bankruptcy case, in which EZconn is a creditor. Although EZconn...

Pier 1 Imports, Inc. ("Pier 1" or the "Company") today announced that it has entered into a Plan Support Agreement (the "PSA") with a majority of its term loan lenders and is pursuing a sale of the Company. To facilitate an orderly sale process and...

CoStar Group, Inc. the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has signed an agreement to acquire RentPath's business for $588 million in cash, in connection with RentPath's...

GenCanna Global USA, Inc. ("GenCanna" or the "Company") announced today it has filed a petition for voluntary Chapter 11 reorganization with the U.S. Bankruptcy Court in the Eastern District of Kentucky (the "Court"). The filing will allow GenCanna...

The U.S. Bankruptcy Court has granted motions filed by PCT International, Inc. to permit continued business operations of the company while it reorganizes in a Chapter 11 case. In granting PCT's "First Day" motions, the Court has rejected objections...

PG&E Corporation and Pacific Gas and Electric Company (together, "PG&E" or the "company") today submitted regulatory and court filings outlining the key elements of the company's updated Chapter 11 Plan of Reorganization. PG&E submitted testimony in...

PG&E Corporation announced today that it has entered into joinder agreements with additional holders of Utility senior notes for the Restructuring Support Agreement with Utility noteholders that was announced last week (the "Noteholder RSA"). With...

American Blue Ribbon Holdings, LLC (the "Company") reported it had filed a petition for voluntary Chapter 11 reorganization today with the U.S. Bankruptcy Court of Delaware. Once approved by the Court, this filing will allow the Company to continue...

DBMP LLC, an affiliate of CertainTeed LLC, based in North Carolina that holds the legacy asbestos liabilities of the former CertainTeed Corporation, today announced that it has filed a voluntary petition for Chapter 11 relief in the U.S. Bankruptcy...

PG&E Corporation and Pacific Gas and Electric Company (the "Utility"; together, "PG&E") have reached an agreement with all claim holders (the "Consenting Noteholders") who executed commitment letters in support of the alternative Chapter 11 Plan of...

Payless ShoeSource announces it has emerged from Voluntary Chapter 11 Protection, which was filed in February 2019. The iconic retailer has appointed a new executive management team and is poised to unveil its new strategy in 2020. The new team is...

Gordon Brothers, the global advisory, restructuring, and investment firm, announced today recent changes to its Valuation Division's senior management structure. Managing Director Alex Sutton will add the designation of Head of Research to his...

Arsenal Resources announced today that its pre-packaged plan of reorganization was confirmed on December 19, 2019. The Company expects the plan to become effective in the first week of January 2020. As previously announced, the plan implements a...

CellCube Energy Storage Systems Inc. (the "Company") , a company focused on the energy storage industry, announces that its wholly owned subsidiary, Enercube Switchgear Systems Inc. located in Edmonton, Alberta, has filed for Bankruptcy effective...

Dean Foods Company ("Dean Foods" or the "Company") today announced that the U.S. Bankruptcy Court for the Southern District of Texas has entered a final order granting the Company authority to access the full amount of its $850 million in...

BELGRAVIA HARTFORD CAPITAL INC. (formerly, Belgravia Capital International Inc.) (d/b/a Belgravia Hartford) ("Belgravia Hartford". "Belgravia" or the "Company") today announce a corporate update. Zonetail Inc. Application for Bankruptcy Order In...

Today, PG&E Corporation and Pacific Gas and Electric Company (together "PG&E") are sharing an important reminder that the Bankruptcy Court-approved deadline for unfiled, non-governmental fire claimants to file claims against PG&E is December 31,...

Global Cloud Xchange ("GCX" or the "Company") today announced that the United States Bankruptcy Court for the District of Delaware has confirmed the Company's Plan of Reorganization (the "Plan"), clearing the way for GCX to successfully complete its...

Destination Maternity Corporation ("Destination Maternity" or the "Company"), the premier national retailer for maternity apparel and accessories, filed on November 29, 2019 a motion to approve the selection of Marquee Brands, LLC ("Marquee Brands")...