Ruby Tuesday today announces its successful emergence from bankruptcy. A Delaware bankruptcy judge confirmed the casual dining restaurant chain's Chapter 11 plan of reorganization on February 17. The ...

Greensill Captial files for insolvency on Monday as the company is facing a major financial crisis and struggling to repay $140 million debt to Credit Suisse. Greensill's attorneys officially appeared...

Greensill Capital is planning to file for insolvency in the United Kingdom this week, according to The Wall Street Journal, citing sources familiar with the matter. The proposed insolvency filing woul...

Hertz [HTZ] Global Holdings Inc. proposed exiting bankruptcy by midyear under the control of new investors, buoyed by an expected rebound in travel and borrower-friendly credit markets. Hertz's restru...

Consultancy giant McKinsey & Company has signed a $573 million settlement over its work encouraging OxyContin manufacturer Purdue Pharma and other drug distributors to vigorously sell opioid painkille...

China's embattled HNA Group is looking for private investors to help it emerge from bankruptcy, a person with knowledge of the matter said, but bankers and analysts say restructuring may be challengin...

CiCi's Holdings Inc. filed for Chapter 11 bankruptcy protection in response to coronavirus pandemic constraints after in-person dining collapsed and food delivery services surged. Meanwhile, the priva...

Sycamore Partners-owned Belk Inc. department store announced, it would file for bankruptcy with a $450 million deal to slash its debt. The department store chain will remain under Sycamore's ownership...

The world's movie theatres are definitely facing an existential crisis. Every few years, due to various circumstances we hear about the looming "death" of theatres. Yet the pandemic made things harder...

Covia today announced the United States Bankruptcy Court for the Southern District of Texas, Houston Division, confirmed its Plan of Reorganization. The confirmation order marks a key milestone in the...

J.C. Penney Co Inc announced that its retail and operating assets would exit Chapter 11, as reported by Reuters on Monday, December 7, 2020. This decision is taken as a result of two of Penney Co's bi...

Superior Energy Services, Inc. (OTCQX: SPNX) ("Superior " or the "Company") announced today that it has advanced its previously announced financial restructuring by commencing voluntary cases under ch...

Francesca's 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 U.S. Bank...

Oasis Petroleum Inc. ("Oasis Petroleum" or the "Company") today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. Oasis Petroleum has successfully r...

General Moly, Inc. (the "Company") (TSX: GMO), the only western-exchange listed, pure-play molybdenum mineral development company, today announced that the Company and its U.S. subsidiaries filed for ...

Pacific Drilling Commences Voluntary Chapter 11 Proceedings Restructuring Support Agreement to Eliminate All $1.1 Billion of Bond Debt World-wide Operations Expected to Continue as Usual Pacific Drill...