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J.Jill avoids filing for bankruptcy

2020-09-14 17:10:00| Daily apparel & textile news and comment - from just-style.com

Struggling US women's wear retailer J.Jill Inc has managed to avoid bankruptcy after the majority of its lenders approved a financial restructuring.

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JCPenney inks bankruptcy rescue deal

2020-09-10 11:49:00| Daily apparel & textile news and comment - from just-style.com

JCPenney has struck a deal with Brookfield Property Group and Simon Property Group through which the firms will acquire substantially all of the US retail giant's retail and operating assets for US$1.75bn.

Tags: deal rescue bankruptcy inks

 
 

JCPenney strikes bankruptcy rescue deal

2020-09-10 11:49:00| Daily apparel & textile news and comment - from just-style.com

JCPenney has struck a deal with Brookfield Property Group and Simon Property Group through which the firms will acquire substantially all of the US retail giant's retail and operating assets for US$1.75bn.

Tags: deal rescue bankruptcy strikes

 

Houston-based Bruin E&P Emerges from Bankruptcy with $230 Million Revolver

2020-09-08 19:05:00| OGI

Bruin E&P Partners also emerged from Chapter 11 bankruptcy with a newly constituted board of directors comprised of  Kevin Asarnow, Mark Bisso, Richard J. Doleshek and Mike Wichterich as well as Bruin CEO Matt Steele.

Tags: million bankruptcy revolver emerges

 

J.Jill teetering on the edge of a bankruptcy filing

2020-09-04 13:46:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer J.Jill Inc is teetering on the edge of a bankruptcy filing, and has warned the process could begin at the end of next week if it can't agree on a financial restructuring with 95% of its lenders.

Tags: edge filing bankruptcy jjill

 

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