Intrum's ongoing restructuring is very positive for shareholders, as it dissipates any short-term solvency concerns by delaying any major debt repayment until 2028 and applying a haircut to the debt.

Chapter 11 bankruptcy filings have soared this year, and the restaurant industry is not immune to the trend. Excluding franchisees, at least 10 restaurant chains have filed for bankruptcy protection ...

U.S. corporate bankruptcies approached a 14-year high in 2024 and are expected to continue at a steady pace in 2025. With this increase in business bankruptcies across industries, it’s possible that ...

Leaders should always be prepared to navigate the potential complexities of financial distress. As a final recourse, Chapter 11 bankruptcy can be a lifeline for companies facing insurmountable debts, ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

ENDICOTT, N.Y. (WBNG) -- On Tuesday, “iM3NY,” the lithium-ion cell manufacturing gigafactory located in Endicott, filed a motion to dismiss its Chapter 11 case in the United States Bankruptcy Court ...

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case. The article provides an overview of important tasks that an examiner or ...

Wag! Group Co. announced it is entering a voluntary pre-packaged Chapter 11 bankruptcy process to restructure its balance sheet, ensuring continued operations across its business segments during this ...