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Permian Shale Producer Approach Resources Enters Bankruptcy
2019-11-19 16:00:00| OGI
After being battered by weak Permian gas prices, Approach Resources filed for Chapter 11 bankruptcy to explore strategic alternatives that include either a restructuring or the sale of its business.
Tags: resources
approach
producer
bankruptcy
Frontier mulls major reorganisation, including departure of CEO, filing for bankruptcy - report
2019-11-11 15:19:00| Telecompaper Headlines
(Telecompaper) Frontier Communications is in talks with advisors about its debt of USD 17.5 billion, Bloomberg reported, with sources saying creditors want Frontier to restructure and come out with a plan. This could include the company declaring itself bankrupt, a move which could take place in the first quarter of next year, before USD 300 million worth of interest becomes due in March, sources said. Some investors have argued that it would be better for the company to file for Chaper 11 sooner rather than later. The major restructuration plan would also include new management and a new CEO. Sources say Frontier has started looking for a possible replacement to Dan McCarthy, who has the company's CEO since 2015.
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report
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filing
Sears, Out of Bankruptcy, Continues Shuttering More Stores. Can It Survive?
2019-10-24 16:27:00| National Real Estate Investor
Eddie Lampert is just continuing to pass the carcass of this dead body around, says one retail insider.
Tags: stores
continues
bankruptcy
survive
Destination Maternity files for Chapter 11 bankruptcy
2019-10-22 13:27:00| Daily apparel & textile news and comment - from just-style.com
US mother-and-baby products retailer Destination Maternity has announced the "difficult, but necessary" decision to file for Chapter 11 bankruptcy.
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chapter
bankruptcy
files chapter
US Shale Player EP Energy Files For Bankruptcy
2019-10-04 21:07:26| OGI
The company has reached an agreement in principle on a comprehensive restructuring with a number of its key creditors, CEO says.
Tags: files
player
energy
bankruptcy
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