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The carrier is the second-largest in Latin America, but its passenger operations have been grounded since March because of coronavirus, BBC reported. It said the pandemic had cut more than [...]

Three bidders were shortlisted for stake in troubled airline Company has received nine bids to lease its Boeing 777 jets The airline, which in Oct. 2018 was placed under administration, [...]

The company's equipment has been linked to several blazes including the deadliest and most destructive wildfire in state history, 2018's Camp Fire, BBC News reported. PG&E filed for bankruptcy this [...]

Following its recent restructuring efforts stemming from a Chapter 11 bankruptcy protection filing this summer, California Pizza Kitchen on Tuesday named Judd Tirnauer its new CFO. Tirnauer will lead CPK's [...]

Davis Polk is advising an ad hoc group of noteholders (the Ad Hoc Group) holding approximately 74% of the face amount of Superior Energy Services, Inc.s (together with certain of [...]

(GlobeNewswire) - Francescas Holdings Corporation (Nasdaq: FRAN) today announced that the Company, along with its subsidiaries, has voluntarily filed for relief under chapter 11 of the Bankruptcy Code in the [...]

(GlobeNewswire) - Francescas Holdings Corporation (Nasdaq: FRAN) today announced that the Company, along with its subsidiaries, has voluntarily filed for relief under chapter 11 of the Bankruptcy Code in the [...]

(GlobeNewswire) - Lilis Energy, Inc.(OTC: LLEXQ) (the Company), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced the closing of [...]

(GlobeNewswire) - Lilis Energy, Inc.(OTC: LLEXQ) (the Company), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced the closing of [...]

With Bharti Enterprises-led low earth orbit (LEO) broadband satellite communications company OneWeb emerging from US Chapter 11 bankruptcy protection and achieving all relevant regulatory approvals, chairman Sunil Bharti Mittal said [...]

(GlobeNewswire) - BioRestorative Therapies, Inc. (BioRestorative or the Company) (OTC: BRTX), a life sciences company focused on stem cell-based therapies, announced today that its amended joint plan of reorganization has [...]

With Bharti Enterprises-led low earth orbit (LEO) broadband satellite communications company OneWeb emerging from US Chapter 11 bankruptcy protection and achieving all relevant regulatory approvals, chairman Sunil Bharti Mittal said [...]

Emerges from chapter 11 with a significantly stronger balance sheet, poised for long-term returns-focused success Oasis Petroleum Inc. (Oasis Petroleum or the Company) today announced that it has successfully completed [...]

(GlobeNewswire) - Lilis Energy, Inc.(OTC: LLEXQ) (the Company'), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that the United [...]

(GlobeNewswire) - Lilis Energy, Inc.(OTC: LLEXQ) (the Company'), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that the United [...]

The airline Norwegian has informed that it will apply for bankruptcy protection through its Irish subsidiary. This is an expression of how demanding the situation is for Norwegian. Norwegian means [...]

(GlobeNewswire) - On November 10, 2020, VIVUS, Inc. (theCompany), a biopharmaceutical company, filed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of VIVUS, Inc. and Its Affiliated Debtors [...]

(GlobeNewswire) - On November 10, 2020, VIVUS, Inc. (theCompany), a biopharmaceutical company, filed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of VIVUS, Inc. and Its Affiliated Debtors [...]

(GlobeNewswire) - Lilis Energy, Inc.(OTC: LLEXQ) (the Company'), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that, following a [...]

(GlobeNewswire) - This press release corrects the prior press release dated November 8, 2020 solely with respect to the time and date of the Bankruptcy Court hearing to approve the [...]

(GlobeNewswire) - Lilis Energy, Inc.(OTC: LLEXQ) (the Company'), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that, following a [...]

(GlobeNewswire) - This press release corrects the prior press release dated November 8, 2020 solely with respect to the time and date of the Bankruptcy Court hearing to approve the [...]

Crypto lender Cred Inc. has filed for Chapter 11 bankruptcy protection in Delaware on Saturday. In its filing, Cred listed estimated assets of between $50 million and $100 million and [...]

Davis Polk advised an ad hoc group of secured term loan lenders to California Resources Corporation (CRC) and certain of its subsidiaries in its chapter 11 restructuring. On October 13, [...]

(PRWeb) - Shari L. Heyen, shareholder and co-chair of global law firmGreenberg Traurig, LLPs Restructuring & Bankruptcy Practice, will participate in an American Bar Association (ABA) webinar to be held [...]

(PRWeb) - Shari L. Heyen, shareholder and co-chair of global law firmGreenberg Traurig, LLPs Restructuring & Bankruptcy Practice, will participate in an American Bar Association (ABA) webinar to be held [...]

NS8 has reportedly filed for Chapter 11 bankruptcy protection and is set to launch a lawsuit against its former CEO, Adam Rogas. Last month, Rogas was arrested on fraud charges [...]

(GlobeNewswire) - via NewMediaWire -- Pharmagreen Biotech, Inc., (OTC PINKS: PHBI), a company specializing in the development of tissue cultured starter plantlets for the hemp industry, today announced that it [...]

An incident of fraud has come into focus in Augusta where it has found an Augusta man who allegedly borrowed nearly $3 million to purchase an apartment complex, and then [...]

(GlobeNewswire) - Chaparral Energy, Inc. (the Company or Chaparral) announced today that it successfully completed its financial restructuring and emerged from Chapter 11 as a private, non-SEC filing company. Through [...]

(GlobeNewswire) - Chaparral Energy, Inc. (the Company or Chaparral) announced today that it successfully completed its financial restructuring and emerged from Chapter 11 as a private, non-SEC filing company. Through [...]

An incident of fraud has come into focus where an Augusta man who borrowed nearly $3 million to purchase an Augusta apartment complex, and then filed for bankruptcy protection when [...]

(GlobeNewswire) - Hermitage Offshore Services Ltd.(HOFSQ:OTC) (Hermitage Offshore, or the Company) announces the selection of the successful bids for the Companys vessels pursuant to the bankruptcy procedures under Chapter 11 [...]

(GlobeNewswire) - Epiq, a global leader in legal services, released the first look at the results of the new Chapter 11, Subchapter V, U.S. Bankruptcy Court filings with a total [...]

(GlobeNewswire) - Epiq, a global leader in legal services, released the first look at the results of the new Chapter 11, Subchapter V, U.S. Bankruptcy Court filings with a total [...]

Offshore driller Valaris, which is currently undergoing a financial restructuring under chapter 11, has entered into a $500m debtor-in-possession (DIP) term loan agreement with certain noteholders. This agreement has been [...]

Offshore driller Valaris, which is currently undergoing a financial restructuring under chapter 11, has entered into a $500m debtor-in-possession (DIP) term loan agreement with certain noteholders. This agreement has been [...]

(GlobeNewswire) - Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. Denburys common stock is expected [...]

(GlobeNewswire) - Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. Denburys common stock is expected [...]

Colombias Avianca, which filed for bankruptcy protection in a New York court in May, has appealed an injunction preventing disbursement of a major loan needed to keep the company afloat. [...]

Colombias Avianca, which filed for bankruptcy protection in a New York court in May, has appealed an injunction preventing disbursement of a major loan needed to keep the company afloat. [...]

A German fintech once backed by PayPal investor Peter Thiel, has filed for bankruptcy after failing to recover from the economic effects of the Coronavirus pandemic. Monedo, an online lender, [...]

A German fintech once backed by PayPal investor Peter Thiel, has filed for bankruptcy after failing to recover from the economic effects of the Coronavirus pandemic. Monedo, an online lender, [...]

(GlobeNewswire) - Rosehill Resources Inc. (RRI) and Rosehill Operating Company, LLC (Rosehill Operating and together with RRI, Rosehill or the Company) announced that, on September 4, 2020 (the Effective Date), [...]

(GlobeNewswire) - Rosehill Resources Inc. (RRI) and Rosehill Operating Company, LLC (Rosehill Operating and together with RRI, Rosehill or the Company) announced that, on September 4, 2020 (the Effective Date), [...]

(GlobeNewswire) - Lilis Energy, Inc. (OTC Pink Marketplace: LLEXQ) (the Company), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today [...]

(GlobeNewswire) - Lilis Energy, Inc. (OTC Pink Marketplace: LLEXQ) (the Company), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today [...]

(GlobeNewswire) - Stein Mart, Inc. (NASDAQ: SMRT) today announced that it and its subsidiaries (collectively, the Company) have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code [...]

(GlobeNewswire) - via NEWMEDIAWIRE -- Pharmagreen Biotech, Inc. (OTC: PHBI), a company specializing in the development of highest quality tissue cultured starter plantlets for the cannabis and hemp industry, announced [...]