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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.

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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.

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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.�

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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.

Tags: case makes units bid

 

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