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Tag: bankruptcy
Bankruptcy court approves JCPenney property plan
2020-11-26 11:27:00| Daily apparel & textile news and comment - from just-style.com
A US bankruptcy court has approved JCPenney's plan to create separate property holding companies for its 160 of its real estate assets and all of its owned distribution centres. The so-called 'PropCos' are expected to complete the restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021.
Tags: plan
property
court
bankruptcy
Ruby Tuesday receives court approval for bankruptcy sale
2020-11-24 17:33:00| National Real Estate Investor
Ruby Tuesdays parent company, RTI Holdings, has until Dec. 10 to enter a stalking-horse agreement and until Jan. 14 to submit a bid.
Tags: sale
tuesday
court
approval
Offshore Driller Noble Corp. to Emerge From Chapter 11 Bankruptcy
2020-11-24 11:27:12| OGI
Noble Holding Corp. revealed on Nov. 23 that the United States Bankruptcy Court for the Southern District of Texas has issued an order approving the companys Joint Plan of Reorganization.
Tags: chapter
corp
noble
bankruptcy
OneWeb emerges from bankruptcy with new CEO
2020-11-22 20:40:00| Telecompaper Headlines
(Telecompaper) Broadband satellite company OneWeb has successfully emerged from US Chapter 11 bankruptcy protection after securing all relevant regulatory approvals.
Tags: ceo
bankruptcy
emerges
oneweb
Wendys Makes Bid for About 400 Units in NPC Bankruptcy Case
2020-11-20 17:08:00| National Real Estate Investor
Burger brand joins franchisees to acquire units targeted in Flynn Restaurant Group's $816 million stalking-horse offer.
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