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Fight Over Predatory J.C. Penney Bankruptcy Loan Gets Ugly

2020-06-04 19:17:00| National Real Estate Investor

A $900 million financial package from H/2 Capital Partners and Silver Point Capital has been lambasted by another set of lenders.

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Tuesday Morning Files for Bankruptcy, Adding to Retail Toll

2020-05-27 18:09:00| National Real Estate Investor

The company plans to close about a third of its 687 stores.

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Hertz: Car rental firm files for US bankruptcy protection

2020-05-23 07:03:32| BBC News | Business | UK Edition

The company said the coronavirus pandemic had led to an "abrupt" decline in bookings.

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Digicel files for bankruptcy under debt restructuring plan

2020-05-20 09:13:00| Telecompaper Headlines

(Telecompaper) Caribbean-focused operator Digicel has filed for bankruptcy court reorganisation as part of its plan to reduce debt, cut financing costs and extend debt maturities, reports ABC News, citing company spokesman Pat Walsh. "It is business as usual," said Walsh, adding that the Chapter 15 filing in New York would not affect operations in the 32 markets that the company serves from its headquarters in Jamaica. A hearing in the Chapter 15 bankruptcy case is scheduled for June, added the report.

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