Bankruptcy

By Dietrich Knauth NEW YORK (Reuters) – Aerospace supplier Incora filed for Chapter 11 protection on Thursday, citing depressed demand for aircraft maintenance and litigation over its efforts to restructure …

By Dietrich Knauth (Reuters) – Telecommunications and power contractor QualTek Services Inc filed for bankruptcy on Wednesday, armed with a restructuring deal that could slash $307 million of the company’s …

By Dietrich Knauth NEW YORK (Reuters) – A lawyer for Celsius Network on Wednesday said the crypto lender hopes to conclude an auction for its assets within days and the …

By Dietrich Knauth (Reuters) – Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed for bankruptcy on Sunday, as it buckles under the weight …

(Reuters) – Bed Bath & Beyond Inc is considering sales of assets and intellectual property as part of a potential bankruptcy filing that could come as soon as this weekend, …

By Dietrich Knauth (Reuters) – A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build …

(Reuters) – Richard Branson’s Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure long-term funding following a January rocket failure. Despite …

(Reuters) – Boxed Inc filed for Chapter 11 bankruptcy protection and was pursuing sale of its software business, the e-commerce grocery platform said on Sunday, adding that it will also …

(Reuters) -Bed Bath & Beyond Inc on Thursday announced plans to sell $300 million worth of its shares as the struggling retailer looks to raise more capital, and once again …

(Reuters) – SVB Financial Group on Monday filed a number of “First Day Motions” to seek authorization from a bankruptcy court to support the operations of the company’s SVB Capital …

Silicon Valley Bank Parent Company Files For Bankruptcy Jason Cohen on March 17, 2023 SVB Financial Group, the parent company for California tech lender Silicon Valley Bank (SVB), filed for …

(Reuters) – Customers of Voyager Digital voted in favor of the crypto lender’s Chapter 11 bankruptcy plan, the company said in a tweet on Tuesday. Of those who participated in …

By Dietrich Knauth (Reuters) – Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining roadblock to a plan that would allow the …

(Reuters) – Bed Bath & Beyond Inc has managed to stay afloat for now after raising cash to fund its operations. The company, which was on the verge of filing …

(Reuters) – From a failed merchandising strategy to activist investor pressure over exaggerated payments to executives, Bed Bath & Beyond Inc has been on a largely downhill ride over the …

(Reuters) – From a failed merchandising strategy to activist investor pressure over exaggerated payments to executives, Bed Bath & Beyond Inc has been on a largely downhill ride over the …

By Dietrich Knauth (Reuters) – A court-ordered examiner is expected to release a report on Monday addressing whether bankrupt crypto firm Celsius Network operated as a Ponzi scheme, which could …

(Reuters) – An appeals court in the United States on Monday dismissed a bankruptcy petition by Johnson & Johnson’s talc unit. (Reporting by Leroy Leo in Bengaluru; Editing by Krishna …

(Reuters) – Party City Holdco Inc is preparing to file for bankruptcy within weeks as its cash dwindled and inflation dampened sales, the Wall Street Journal reported on Friday, citing …

Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT John Hugh DeMastri on January 5, 2023 Prominent crypto firm Genesis Global Trading — which had major …