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Company continues to help customers make music and expects to emerge from Chapter 11 by December 31, 2020 The plan will significantly reduce debt, positioning the Company for future growth [...]

LUXEMBOURG -- Pacific Drilling S.A. (OTC: PACDQ) announced today the final voting results on the First Amended Joint Plan of Reorganization of Pacific Drilling S.A. and its Debtor Affiliates Pursuant [...]

Largest U.S. Manufacturer of Above-Ground Storage Tanks and Processing Equipment Well-Positioned for Market Recovery ODESSA, Texas -- Permian Tank & Manufacturing ('Permian Tank' or the 'Company'), today announced it has [...]

Federal Oversight and Management Board's 2020 Certified Fiscal Plan is Far Too Pessimistic and Underestimates Both Future Growth and the Resiliency of Puerto Rico Current PSA Between Puerto Rico and [...]

Will Continue to Serve Customers under the JCPenney Banner PLANO, Texas -- JCPenney today announced that it has completed its previously announced sale, under which Simon Property Group ('Simon') and [...]

WESTLAKE VILLAGE, Calif. -- Guitar Center, Inc. (the 'Company') today announced that its indirect wholly owned subsidiary Guitar Center Escrow Issuer II, Inc. (the 'Issuer') intends to offer, subject to [...]

* Furthers Financial Recapitalization Process to Convert Company's $1.3 billion Funded Debt into Equity * Files 'Pre-Packaged' Chapter 11 to Implement Amended and Restated Restructuring Support Agreement with Holders of [...]

Company Emerges from Chapter 11 and Eliminates $686 Million of Existing Debt Men's Wearhouse, Jos. A. Bank, Moores Clothing for Men and K&G Fashion Superstore Well-Positioned to Continue Delivering Selection, [...]

FORT WORTH, Texas -- Lonestar Resources US Inc. (the 'Company' or 'Lonestar') today announced that effective November 30, 2020, the Company has successfully completed its financial restructuring and emerged from [...]

LOS ANGELES -- California Pizza Kitchen ('CPK') today announced that it has successfully completed its financial restructuring process and emerged from Chapter 11, well positioned for long-term growth. As part [...]

Company Strengthens Capital Structure with Enhanced Liquidity ST. PETERSBURG, Fla. -- iQor ('the Company'), a managed services provider of customer engagement and technology-enabled BPO solutions, announced today that the Company [...]

Trading of New Common Stock to Commence on NYSE American under Ticker 'FTSI' on November 20, 2020 FORT WORTH, Texas -- FTS International, Inc. (NYSE American: FTSI) ('FTSI' or the [...]

LUXEMBOURG -- Pacific Drilling S.A. (OTC: PACDQ) announced today that it is commencing solicitation of votes on its proposed prearranged chapter 11 plan of reorganization. On November 10, the United [...]

On Track to Begin Operating Under New Ownership and Outside of Chapter 11 by Late November 2020 PLANO, Texas -- J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that [...]

LUXEMBOURG -- Pacific Drilling S.A. (NYSE: PACD) announced today that it has received notice from the New York Stock Exchange ('NYSE'), that as a result of the filing of its [...]

CHATTANOOGA, Tenn. -- CBL Properties (NYSE:CBL) today announced that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the 'Operating Partnership'), and certain other related entities have filed voluntary [...]

LUXEMBOURG -- Pacific Drilling S.A. (NYSE: PACD) announced today that it and certain of its domestic and international subsidiaries have filed voluntary petitions for relief under Chapter 11 of the [...]

Expects to Operate Outside Chapter 11 in Advance of 2020 Holiday Season Poised to Operate Under JCPenney Banner With New Owners For Decades to Come PLANO, Texas -- J. C. [...]

The Court's confirmation of CPK's chapter 11 plan positions the company for sustainable and profitable long-term growth LOS ANGELES -- The U.S. Bankruptcy Court for the Southern District of Texas, [...]

Continues to Make Significant Progress Toward Final Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders Expects to Close Sale of OpCo and Operate Outside Chapter 11 in Advance [...]

Will Continue Operating and Investing in Streaming Yoga Classes and Education-Focused Segments of Business Files for Chapter 11 to Implement Orderly Closing of All Studios Across the U.S. Receives Debtor-in-Possession [...]

Transaction Allows Thomas Health to Successfully Emerge from Bankruptcy and Continue Operations CHICAGO -- SOLIC Capital Advisors, a leading middle market financial advisory firm providing restructuring, investment banking and distressed [...]

Company is ideally positioned to implement strategic plan, access new opportunities, and foster growth across various business segments Restructuring has significantly reduced debt and other liabilities NEW YORK -- Centric [...]

MARYVILLE, Tenn. -- Ruby Tuesday announced today that it has filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. Prior to its filing, the Company reached [...]

* Financial Recapitalization Expected to be Implemented through 'Pre-Packaged' Chapter 11 Process and Will Convert All $1.3 Billion of Company's Funded Debt into Equity * Superior Will Continue to Conduct [...]

California consulting firm Force 10 Partners facilitated impressive nine-month turnaround NEWPORT BEACH, Calif. -- At a time when hospitals are hardest hit, needed most, and trying to survive through mergers [...]

Restructuring will Delever Balance Sheet and Immediately Position Company for Long-Term Success, with No Expected Disruption to Customers, Services, Vendors, or Employees FORT WORTH, Texas -- FTS International, Inc. (NYSE [...]

* Company enters into a definitive agreement with KPS to serve as stalking horse bidder to purchase the business for $2.1 billion, subject to adjustment * Company voluntarily files for [...]

Operations Emerge from Chapter 11 Protection As American Consolidated Natural Resources, Inc. ST. CLAIRSVILLE, Ohio -- Murray Energy Holdings Co. and its subsidiaries (collectively, 'Murray') announced today that its chapter [...]

Company Expects to Exit Chapter 11 with Improved Balance Sheet and Sustainable Cost Structure Continuing to Serve Customers with the Same High Standards of Quality, Reliability and Innovation CHICAGO -- [...]

Restructuring Provides for Enhanced Liquidity via a $80 million Revolving Credit Facility and up to $97.5 million of New Money Investment from Existing Lenders Transaction to be Implemented Through a [...]

Emerges from Chapter 11 and Appoints New Board of Directors TULSA, Okla. -- Unit Corporation (Company) today announced that it has emerged from Chapter 11 bankruptcy protection. This marks the [...]

Obtains Interim Approval to Access Additional Financing Company's Operations, including in Asia, Europe and Mexico, Continue as Normal VALLEY CITY, Ohio -- Shiloh Industries, Inc. (NASDAQ: SHLO) (the 'Company') an [...]

NEW YORK -- Kroll Bond Rating Agency (KBRA) releases a special report that provides details on the bankruptcy filing for RGN-Group Holdings, LLC (RGN), which is a subsidiary of Regus [...]

Files Voluntary Chapter 11 Petitions to Facilitate Transaction Secures $23.5 Million in DIP Financing to Support Operations Company to Continue Providing Customers with Lightweighting, Noise & Vibration Solutions VALLEY CITY, [...]

Moves Forward with Significant Liquidity and Strong Balance Sheet Following Comprehensive De-Leveraging, Well-Positioned for Long-Term Success BOSTON -- Skillsoft Corporation ('Skillsoft' or the 'Company'), a global leader in learning and [...]

LOS ANGELES -- Sklar Kirsh LLP today added to its Bankruptcy practice Partner Robbin Itkin, a Chambers USA-ranked, West Coast bankruptcy and restructuring specialist who has successfully restructured billions of [...]

Company Expects to Emerge in Coming Days Bolstered by $250M Deleveraging MILWAUKEE -- Jason Industries ('Jason' or the 'Company') today announced that the United States Bankruptcy Court for the Southern [...]

To occur upon Holly's Resignation at the Company's Emergence From Chapter 11 T he Company Also Announces Expected Changes to the Board of Directors DENVER -- Whiting Petroleum Corporation (NYSE: [...]

Proceeds Will be Used to Partially Fund Emergence From Chapter 11 LITTLE ROCK, Ark. -- Windstream Holdings, Inc. ('Windstream Holdings'), a leading provider of advanced network communications and technology solutions, [...]

Expects to Emerge from Chapter 11 in the Coming Weeks with Significantly Reduced Debt and Enhanced Liquidity Focused on Serving Customers with State-of-the-Art Learning Solutions, Best-in-Class Performance Support Resources and [...]

Proceeds Will be Used to Partially Fund Emergence From Chapter 11 LITTLE ROCK, Ark. -- Windstream Holdings, Inc. ('Windstream Holdings'), a leading provider of advanced network communications and technology solutions, [...]

Men's Wearhouse, Jos. A. Bank, Moores Clothing for Men and K&G Fashion Superstore Continuing to Provide Customers with Selection, Convenience, Service and Value Obtains Interim Approval to Access $500 Million [...]

Restructuring Support Agreement Supported by More Than 75% of Senior Lenders; Files Voluntary Chapter 11 Petitions to Implement Financial Restructuring Plan Men's Wearhouse, Jos. A. Bank, Moores Clothing for Men [...]

Reorganization and Sale Will Strengthen the Company's Balance Sheet While the Company Continues to Operate Normally; Benevis Maintains Focus on Supporting Patients, Dentists, and Other Associates in the Dental Practices [...]

AUSTIN, Texas -- Mood Media, the world's leading on-premise and connected media solutions company dedicated to elevating the Customer Experience, today announced that it has successfully emerged from Chapter 11 [...]

As Expected, Files Voluntary Petitions for Reorganization Under Chapter 11 in the U.S. Plan Approved by 100% of Voting Lenders and Noteholders Continuing to Support Clients and Elevate the Customer [...]

* Will Continue to Operate in the Ordinary Course throughout Restructuring Process * Comprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success LOS ANGELES -- California Pizza [...]

* Reduced debt by more than $290 million * Obtained $50 million in new senior secured financing LITTLETON, Colo. -- APC Automotive Technologies, LLC, together with certain of its subsidiaries, [...]

* Company Files Plan of Reorganization Paying General Unsecured Claims in Full * First Borrowings Made Under Court-Approved DIP Facilities * Reaches Critical Two-Thirds Threshold for All Voting Classes of [...]