Distressed
Distressed funds are looking closely at Made.com [LON:MADE] with the UK-listed online furniture retailer set to launch a formal sale process, two sources familiar with the situation said.
Small business loan servicer Kabbage hits Chapter 11 to wind down PPP portfolio left out of AmEx acquisition
Kabbage Inc, a servicer of Paycheck Protection Program (PPP) loans issued during the coronavirus pandemic that does business as KServicing, kicked off its bankruptcy to complete an orderly wind down that began two years ago, when American Express Company (AmEx) acquired Kabbage’s legacy business as a small business-focused financial technology company.
Endo, Altera and Lumileds heat up August Chapter 11 bankruptcy filings – August 2022 NorthAm Restructuring Insights
Debtwire’s Monthly Restructuring Insights Report provides a high-level overview of the most recent bankruptcy filings, tracking filing strategies, venue choices, frequent advisors and debtor-in-possession (DIP) financing packages, among other data.
Cineworld bankruptcy judge won’t allow Canadian appeal to proceed in USD 955m breach of contract action over abandoned Cineplex tie-up
Cineplex, a Canadian movie theater operator that obtained a USD 955m court judgment over Cineworld plc’s alleged breach of a merger agreement among the two companies, came up short today (28 September) on its effort to allow an appeal of the contract dispute to continue while Cineworld is under Chapter 11 protection.
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