Sentences Generator
And
Your saved sentences

No sentences have been saved yet

"Chapter 11" Definitions
  1. in the US, a section of the law dealing with bankruptcy (= being unable to pay debts), that allows companies to stop paying their debts in the normal way while they try to find a solution to their financial problems

831 Sentences With "Chapter 11"

How to use Chapter 11 in a sentence? Find typical usage patterns (collocations)/phrases/context for "Chapter 11" and check conjugation/comparative form for "Chapter 11". Mastering all the usages of "Chapter 11" from sentence examples published by news publications.

The decision means at least two chapter 11 plans will move forward as PG&E shifts into a crucial phase of its chapter 11 proceeding.
The new subsidiary will then file for pre-packaged Chapter 11 bankruptcy petition, which EnPro expects will be administered with Garlock's Chapter 11 case, in late 2016 or early 2017.
The company had announced it would file for Chapter 11.
Suniva itself filed for Chapter 11 bankruptcy on April 20163.
Since Sears filed for Chapter 11 bankruptcy protection on Oct.
EZ Worldwide filed for Chapter 11 bankruptcy protection in January.
Nasty Gal filed for Chapter 11 bankruptcy protection last year.
It also involved preparing the company for Chapter 11 bankruptcy.
But a funny thing happened between there and Chapter 11.
We may need to voluntarily seek protection under Chapter 11.
They all seem to end at Chapter 11, go figure.
McKinsey began advising Chapter 11 debtors through RTS in 2011.
Gawker Media filed for Chapter 11 bankruptcy three months later.
Beauty Brands filed for Chapter 11 bankruptcy on January 4.
Companies in Chapter 11 generally seek broad support from creditors.
Denim brand Diesel filed for Chapter 11 bankruptcy in March.
RadioShack filed for Chapter 11 bankruptcy protection in March 2015.
Deals • Pier 1 Imports filed for Chapter 11 bankruptcy protection.
The company announced Monday that it filed for Chapter 11.
Seadrill Ltd, for example, entered Chapter 11 protection in September.
The company filed for Chapter 11 reorganization in January 2012.
In October of 2019, Jia filed for Chapter 11 bankruptcy.
Converse filed for Chapter 11 bankruptcy in 2001, Forbes reported.
Many of the virtues of Chapter 11 would be lost.
Indeed, the Chapter 11 filing was a grievous tactical error.
A first-day Chapter 11 hearing will be held on Tuesday.
Weatherford International (WFT) plans to file for Chapter 11 bankruptcy protection.
The company previously filed for Chapter 11 bankruptcy protection in 2010.
Earlier today, Gawker Media Group (GMG) filed for Chapter 11 bankruptcy.
Emerges from chapter 11 Source text for Eikon: Further company coverage:
Energy Future's Oncor power distribution business would remain in Chapter 11.
Toys R Us filed for chapter 11 bankruptcy protection last month.
In August 2019, the luxury retailer filed for Chapter 11 bankruptcy.
Pacific Gas and Electric has filed for Chapter 11 bankruptcy protection.
GM emerged from Chapter 11 and staged an IPO in 2010.
NJoy filed for Chapter 11 bankruptcy in 22006, later re-emerging.
Apparel retailer Forever 21 filed for Chapter 11 bankruptcy in September.
In August, the retailer officially filed for Chapter 11 bankruptcy protection.
The latest retailer to file for voluntary chapter 11 bankruptcy protection.
Privately I thought of her as Aunt Beast, from Chapter 11.
Home furnishings retailer Pier 1 has filed for Chapter 11 bankruptcy.
In October 2018, the company officially filed for Chapter 11 bankruptcy.
Lehman's Chapter 11 filing helped trigger the 2008 global financial crisis.
He's positive that the Boy Scouts will file for chapter 11.
AND ITS SUBSIDIARIES DID NOT COMMENCE CHAPTER 11 PROCEEDINGS​ * ‍BELIEVES CASH ON HAND, WITH CASH GENERATED FROM ONGOING OPERATIONS, WILL BE SUFFICIENT TO FUND BUSINESS DURING CHAPTER 11 PROCEEDINGS​ Source text for Eikon: Further company coverage:
Since then, Leake said, there have been a number of Chapter 11 filings by relatively small companies affected by COVID-19 – but medium and large companies will also have to resort to Chapter 11 before long.
Women's apparel retailer A'gaci filed for Chapter 11 bankruptcy protection in January.
Toys R Us filed for Chapter 11 bankruptcy protection in September 2017.
This came shortly after the company filed for Chapter 11 bankruptcy protection.
The fast fashion retailer filed for Chapter 11 bankruptcy protection in September.
Organic grocer Earth Fare filed for Chapter 11 bankruptcy on February 4.
Gawker Media filed for Chapter 11 bankruptcy in June of that year.
RadioShack announced it would file for Chapter 11 bankruptcy in February 2015.
The luxury department store filed for Chapter 11 bankruptcy protection in August.
In 2001, the company even filed for Chapter 11 bankruptcy, Forbes reported.
Administration is the approximate UK equivalent of filing for Chapter 11 bankruptcy.
CREDIT CHECK His businesses have filed for Chapter 11 bankruptcy six times.
The company formerly known as Silicon Graphics declared Chapter 11 in 2009.
Fashion footwear company NineWest on Friday filed for Chapter 11 bankruptcy protection.
Firearms manufacturer Remington on Sunday night filed for Chapter 11 bankruptcy protection.
This Wisconsin-based retailer filed for Chapter 11 bankruptcy on January 16.
This personalized keepsake retailer filed for Chapter 11 bankruptcy on February 6.
Its 80 percent stake in power distribution business remains in Chapter 11.
Another had worked at two law firms with substantial Chapter 11 practices.
Under Chapter 11, Purdue is able to pause the litigation against it.
"It's a perversion of the intent of Chapter 11," Mr. Manly said.
Here's what the OxyContin maker's Chapter 11 filing means and doesn't mean.
He was suspended by the NFL and filed for Chapter 11 bankruptcy.
PG&E has filed for Chapter 11 bankruptcy, which allows for restructuring.
Chapter 11 bankruptcies are typically used to reorganize a business or institution.
In February, the restaurant chain announced its emergence from Chapter 11 bankruptcy.
Within two years Chrysler had exited Chapter 11 and returned to profitability.
They must get court approval to file a formal Chapter 11 plan.
Norway's Seadrill filed for U.S. Chapter 11 bankruptcy protection in Texas on Sept.
The Adeptus Health saga is about to enter a new chapter — Chapter 11.
Shares in bankrupt companies are generally rendered worthless in a Chapter 11 filing.
Three companies which have exited Chapter 11 - offshore driller Vantage Drilling International VTGGF.
PG&E sought Chapter 11 protection in 2001 amid the California energy crisis.
Retail chain and shopping mall staple Brookstone has filed for Chapter 11 bankruptcy.
On March 29th the firm filed for Chapter 11 bankruptcy in New York.
In April, SunEdison filed for Chapter 11 bankruptcy protection in the United States.
Last month, it filed Chapter 11 bankruptcy protection, saying it owed creditors millions.
Seadrill, which filed for Chapter 11 restructuring in a U.S. court on Sept.
In February Seadrill had warned that Chapter 11 bankruptcy protection was a risk.
The Chapter 11 bankruptcy filing was made in a New York bankruptcy court.
PK collapsed weeks before the U.S. company filed for Chapter 11 bankruptcy protection.
Like most of its peers, Peabody chose Chapter 11 for its bankruptcy filing.
Its financial struggles ended in 1992, when the company filed for Chapter 11.
Dewey's 2012 Chapter 11 bankruptcy was largest ever for a U.S. law firm.
Schiffer and Perez filed for Chapter 11 bankruptcy in the Brooklyn Federal Court.
Home furnishings retailer Z Gallerie filed for Chapter 11 bankruptcy in March 2019.
True, Chrysler and General Motors did enter Chapter 11 during the financial crisis.
The fragrance retailer filed for Chapter 11 bankruptcy toward the end of August.
Fairway Market has filed for Chapter 11 bankruptcy protection, the company said Thursday.
Chapter 11 bankruptcy allows companies to reorganize in order to become profitable again.
Done right, a Chapter 11 bankruptcy is an opportunity for a company's rebirth.
It expects to complete the court-supervised Chapter 11 process by early January.
At the time, it was the largest Chapter 11 filing in US history.
Even if he personally declares bankruptcy, it would still be Chapter 11 bankruptcy.
The company said the Chapter 11 bankruptcy filing also contributed to the delay.
Peabody hopes to exit bankruptcy in April, a year after its Chapter 11 filing.
Toshiba is seeking to limit future losses at Westinghouse with a Chapter 11 filing.
The VidAngel story seemingly ended in late 2017 when it declared Chapter 11 bankruptcy.
The Chapter 11 bankruptcy is the second for PES in less than two years.
Ziff Davis itself is a company that has gone through the Chapter 11 process.
Brill represents Bikram Yoga in the Chapter 11 bankruptcy but does not represent Choudhury.
Thursday's bankruptcy filing is Wet Seal's second, following a Chapter 11 filing in 2015.
Also, although Cetera's owner, RCS Capital, filed for prearranged Chapter 11 bankruptcy protection Jan.
General Motors used the strategy when it filed for Chapter 11 bankruptcy in 2009.
Although the company filed Chapter 11 in 2008, it was relaunched online in 2010.
The American firm, with debts of $6 billion, filed for Chapter 11 bankruptcy protection.
It could even seek Chapter 11 bankruptcy protection in the United States, Charlton said.
Gizmodo and io9's parent company Gawker Media Group is filing for Chapter 11.
Earlier this week, buzzy Silicon Valley microbiome startup uBiome filed for Chapter 11 bankruptcy.
AstroTurf's Chapter 11 filing came after a federal jury in Detroit found last Oct.
Dean Foods on Tuesday announced that it has filed for Chapter 11 bankruptcy protection.
Dean Foods, the US's largest milk producer, is filing for Chapter 11 bankruptcy protection.
The company filed for Chapter 11 bankruptcy today in federal bankruptcy court in Manhattan.
But on Wednesday, the company announced that it would file for Chapter 11 bankruptcy.
Purdue, for its part, is moving ahead, filing Sunday night for Chapter 11 bankruptcy.
The New York-based retailer filed for Chapter 11 bankruptcy protection early Tuesday morning.
The company's future remains questionable despite having emerged from Chapter 11 protection last year.
Teen apparel retailer Wet Seal filed for Chapter 11 bankruptcy protection in January 2015.
Toys R Us has filed for chapter 11 bankruptcy protection, the company announced Monday.
Krystal filed for Chapter 11 on Sunday in Atlanta, where the company is based.
He was given a Chapter 11 discharge — a failure to adapt to the military.
Chrysler would emerge from Chapter 11 soon after, under the ownership of Italy's Fiat.
In 1983, the Riviera 's poor finances led to a Chapter 11 bankruptcy filing.
The company previously filed for Chapter 11 bankruptcy in 2007 and emerged a year later.
It filed for Chapter 11 bankruptcy protection in 2010, but was later able to exit.
SANTIAGO (Reuters) - Solar developer SunEdison Inc, which filed for Chapter 11 bankruptcy protection on Apr.
Suniva filed the rare Section 201 petition nine days after seeking Chapter 11 bankruptcy protection.
Relativity Media had a tough 2015, leading it to declaring chapter 11 bankruptcy in July.
The refinery said that refusal forced it to enter Chapter 11 bankruptcy over the weekend.
Gawker Media filed for Chapter 11 bankruptcy Friday in New York's Southern District bankruptcy court.
The company's share price plunged after announcing plans to pursue Chapter 11 bankruptcy in January.
SandRidge filed a prepackaged Chapter 11 bankruptcy in May with over $4 billion of debt.
Trump's Atlantic City Taj Mahal casino filed for Chapter 11 bankruptcy protection later that year.
Oi, a Brazilian telecoms firm, applied for "judicial recuperation", Brazil's equivalent of Chapter 11 bankruptcy.
This is very different from a Chapter 11 reorganization, where management typically remains in control.
Gymboree's filing for Chapter 11 bankruptcy protection has many retail industry watchers wondering who's next.
Z Gallerie, a home furnishings and decor retailer, filed for Chapter 11 bankruptcy in March.
PK collapsed weeks before SunEdison filed for Chapter 11 bankruptcy protection in the United States.
The Los Angeles-based home furnishing retailer filed for Chapter 11 bankruptcy on March 11.
The youthful apparel and accessories brand Charming Charlie filed for Chapter 11 bankruptcy in July.
Previously, the brand filed Chapter 11 reorganization and the change was not obvious to customers.
This marked Wet Seal's second attempt to restructure, following a Chapter 11 filing in 2015.
The company filed for Chapter 11 bankruptcy protection in January to protect itself from liabilities.
Apparel retailer Forever 21 said Sunday night it is filing for Chapter 11 bankruptcy protection.
Fairway first filed for Chapter 11 bankruptcy protection in 2016, three years after its IPO.
David's Bridal , which filed for Chapter 11 this month, is not included in that tally.
Shareholders are last in line for recoveries in Chapter 11 bankruptcies and often receive nothing.
The Chapter 11 bankruptcy of LeClairRyan will convert to a Chapter 7 liquidation on Oct.
Alpha Natural Resources has emerged from chapter 11 bankruptcy protection, the company announced on Tuesday.
Unlike Canada and Mexico, the United States has never lost a Chapter 11 NAFTA case.
Hercules filed for Chapter 11 bankruptcy protection in August 2015 and emerged from bankruptcy in November.
Miller was accused of attempting to hide $775,000 in income after filing for Chapter 11 bankruptcy.
Mattress Firm, part of South Africa's Steinhoff International, emerged from Chapter 11 bankruptcy protection last week.
Evans himself left Magnum Hunter just as it emerged from Chapter 11 bankruptcy earlier this month.
PK said it will file for a pre-negotiated Chapter 11 bankruptcy on or before Feb.
Krause was also preparing one other option, they said: restructuring the company through Chapter 11 bankruptcy.
The company filed for Chapter 11 protection last July, and is not contributing to the payout.
By July 1991, just over a year after its launch, the Taj declared Chapter 11 bankruptcy.
In 2009, Trump Entertainment Resorts (formerly Trump Hotels & Casino Resorts) filed, again, for Chapter 11 bankruptcy.
Remington filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.
The premium denim maker filed its Chapter 11 petition in U.S. bankruptcy court in Wilmington, Delaware.
Some units, such as Abengoa Bioenergy US Holding LLC, have already been put into Chapter 11.
The stock price has plunged since the company announced it plans to pursue Chapter 11 bankruptcy.
Ten retailers have already filed Chapter 11 this year, setting a record pace for the industry.
PK collapsed weeks before the latter filed for Chapter 11 bankruptcy protection in the United States.
The company filed for Chapter 11 bankruptcy in 2008 and closed for good that same year.
In 2011, the company announced it was filing for Chapter 11 bankruptcy and shuttering its doors.
Over all, creditors will own 70 percent of Caesars when it emerges from Chapter 11 protection.
In 2011, the company filed for Chapter 11 bankruptcy protection following a dispute about its bottles.
Once a hot spot for teen clothing, Forever 21 has filed for Chapter 11 bankruptcy protection.
Bon-Ton operated roughly 250 stores when it filed for Chapter 11 bankruptcy protection in February.
The Chapter 11 filing should reduce Gymboree's debts by more than $900 million, the company added.
Market Watch reported that Memphis-based retail chain Fred's filed for Chapter 11 on September 9.
But the company emerged from Chapter 11 with new owners and a revamped its business plan.
The operating unit filed for Chapter 11 protection in January 2015 with $18 billion in debt.
Abercrombie & Fitch has been slowly working to regain footing, and Aeropostale filed for Chapter 11 bankruptcy.
Chapter 11 would offer a fresh start, something the airlines might need given their debt loads.
Home furnishings retailer Z Gallerie filed for Chapter 11 bankruptcy, for a second time, in March.
The former fast-fashion empire of Forever 21 filed for Chapter 11 bankruptcy in September 2019.
Chapter 11 relies on private debtor-in-possession financing to keep the debtor operating during bankruptcy.
The ruling stripped PG&E of an exclusive right to propose a chapter 11 recovery plan.
The ruling stripped PG&E of an exclusive right to propose a Chapter 11 recovery plan.
Bryant Neal Vinas was given a Chapter 11 discharge — a failure to adapt to the military.
The company recently emerged from Chapter 11 bankruptcy protection and is now controlled by its lenders.
Chapter 11 envisaged the establishment a neutral arbitration mechanism, namely an Investor-State Dispute Settlement (ISDS).
"As long as you can still function whatsoever, don't ever file Chapter 11," says the businessman.
Remington Outdoor Co., a major U.S. gun manufacturer, reportedly filed for Chapter 11 protection on Sunday.
Forth Worth, Texas-based home furnishings retailer Pier 1 Imports has filed for Chapter 11 bankruptcy.
The situation was so dire, there were talks the company could file for Chapter 11 bankruptcy.
PG&E says it is a key step in leading it out of Chapter 11 bankruptcy.
It blamed the uncertainty surrounding its chapter 11, price-cutting rivals and weakened e-commerce business.
Remington, one of the oldest gun companies in the world, plans to file for Chapter 11.
It filed for chapter 11 bankruptcy on June 11, 2017, and officially re-emerged on Sept.
Blockbuster was eventually forced into Chapter 11 bankruptcy in 2010, roughly a decade after Netflix's launch.
"We believe there is a meaningful probability that a court would reject a PG&E Chapter 11 filing on the ground that the company is solvent and that PG&E is filing Chapter 11 to achieve tactical litigation advantages," Morgan Stanley analyst Stephen Byrd wrote Tuesday.
In April 2018, the company closed about 100 of its stores after its first Chapter 11 filing.
Payless, which was founded in 1956, filed for Chapter 11 bankruptcy last April, according to CNN Business.
Mattress Firm, the largest mattress retailer in the U.S., filed for Chapter 11 bankruptcy protection on Friday.
That was right before the department store chain filed for Chapter 11 bankruptcy protection on Oct. 15.
It filed for Chapter 11 bankruptcy in 2010 and again in 2015, closing its stores that year.
The judgment, which is being appealed, led Gawker to file for Chapter 11 protection last month. on.wsj.
When many people hear the word "bankruptcy," they usually think of Chapter 11 bankruptcy, which businesses file.
The company hopes it can eventually re-emerge through a Chapter 11 bankruptcy process, the people added.
Private equity's retail apocalypse hit another miserable milestone yesterday, with Payless ShoeSource refiling for Chapter 11 bankruptcy.
Toshiba said it was not aware of any intention for Westinghouse to file for Chapter 11 bankruptcy.
The initial contribution would be payable after PG&E emerges from Chapter 11 reorganization, the company said.
It filed for its first Chapter 11 in October 2015, and emerged from bankruptcy early last year.
One of the companies on the list, Payless ShoeSource, already filed for Chapter 11 bankruptcy on Tuesday.
A Chapter 11 filing would still yield benefits, however, as Westinghouse would come off Toshiba's consolidated accounts.
Gawker said it had filed for Chapter 11 bankruptcy and would conduct a sale through an auction.
Despite thriving for much of the 20th century, Heilig-Meyers filed for Chapter 11 bankruptcy in 2000.
David's Bridal filed for Chapter 11 bankruptcy in November 2018 but exited at the beginning of 2019.
Mattress Firm filed for Chapter 11 bankruptcy in October 2018 but reemerged less than two months later.
Gymboree's Chapter 11 petition was filed in the U.S. Bankruptcy Court for the Eastern District of Virginia.
They are not, in general, controversial because Chapter 11 also gives creditors legal tools to fight them.
PG&E — PG&E shares jumped 13.5% after the company submitted an updated Chapter 11 bankruptcy plan.
Children's clothing retailer Gymboree filed for Chapter 11 bankruptcy protection for the first time in June 20153.
Wet Seal filed its second Chapter 11 in February with liabilities between $50 million and $100 million.
Schurman Fine Paper, which owns the brand, filed for Chapter 11 bankruptcy Thursday in a Delaware court.
All told, Trump-owned companies filed for Chapter 11 bankruptcy protection four times between 1991 and 2009.
But Elliott, a veteran of many fights in Chapter 11 bankruptcy cases, quickly declared Berkshire's bid insufficient.
After 202 years in business, America's oldest gun manufacturer, Remington, has filed for Chapter 11 bankruptcy protection.
I had previously noted that the case had the potential to greatly disrupt modern Chapter 11 practice.
David's Bridal said Chapter 11 restructuring would help it reduce its debt by more than $400 million.
The Scouts resorted to Chapter 11 in hopes of surviving a barrage of lawsuits (The Associated Press).
The company filed for Chapter 11 bankruptcy protection claiming they couldn't afford the $30 billion in damages.
The report said the companies include reactor manufacturer Westinghouse, which emerged from Chapter 11 bankruptcy last year.
The company said it expects its operations across its asset base to continue throughout the Chapter 11 process.
Lehman had been Wall Street's fourth-largest investment bank when it filed for Chapter 11 protection on Sept.
Earlier this year, Remington — the nation's oldest gun manufacturer — filed for Chapter 11 bankruptcy protection, citing declining sales.
Sports Authority made its Chapter 11 filing in the United States Bankruptcy Court for the District of Delaware.
The slimmer GM that emerged from Chapter 11 protection has taken a different path, especially under Mary Barra.
When it does not work, the project could end up in Chapter 11, like Trump's New Jersey casinos.
The stock sank again in January after the company announced plans to pursue Chapter 11 bankruptcy in January.
In 0003, Trump Hotels & Casino Resorts also filed Chapter 11 bankruptcy, with a staggering $1.87 billion in debt.
Luxury theater chain iPic filed for Chapter 11 bankruptcy protection on Monday and will try to sell itself.
It had filed for its first Chapter 11 in October 2015 and emerged from bankruptcy early last year.
In 2004, Trump Hotels & Casino Resorts also filed Chapter 11 bankruptcy, with a staggering $1.87 billion in debt.
Hulk Hogan doesn't think that Gawker's Chapter 11 should save Nick Denton from having to declare personal bankruptcy.
Ryan O'Callaghan, head of the refinery union, said he was not surprised by the latest Chapter 11 filing.
BHS went into administration (the British equivalent of Chapter 11 bankruptcy protection) with a pension deficit of £571m.
Toys R Us did exactly that when it filed for Chapter 11 protection in the US last month.
The company recently said it may opt for a Chapter 11 bankruptcy protection filing in the United States.
Deb Shops was one of a slew of retailers to file Chapter 11 during the 2014 holiday season.
Paragon emerged from Chapter 11 bankruptcy in the United States last July, eliminating about $2.3 billion of debt‍.
Thomas L. Friedman If a party could declare moral bankruptcy, today's Republican Party would be in Chapter 11.
They've already led at least one, the Roman Catholic Diocese of Rochester, to file for Chapter 11 bankruptcy.
Last month, Toys R Us filed for Chapter 11 in one of the largest retail bankruptcy filings ever.
This week, Gymboree filed for Chapter 11 bankruptcy, and analysts expect more companies to face the same fate.
Similarly, when SeaPort Airlines was forced to file Chapter 11 bankruptcy, pilot shortage was cited as the reason.
The company lasted for a decade before filing for Chapter 11 bankruptcy in the wake of slow sales.
The brand, which once boasted billions of dollars in revenue, announced a Chapter 11 bankruptcy filing on Monday.
We really do not know where the F.D.I.C. and the Federal Reserve are getting their Chapter 11 advice.
The filing at the Tokyo District Court followed a Chapter 11 bankruptcy protection filing in the United States.
The Wall Street Journal reported that boozy candy store chain Sugarfina filed for Chapter 11 on September 6.
One-time fast fashion giant Forever 21 filed for Chapter 11 bankruptcy on September 29, Business Insider reported.
PK. Republic had placed the order before filing for Chapter 11 reorganization in a U.S. court in February.
The outdoor chain filed for Chapter 11 bankruptcy in March, also closing 32 underperforming stores at the time.
Thus bankruptcy — whether under current Chapter 11 or the proposed Chapter 14 — would be a liquidation-only choice.
Recent history is full of retailers that emerged from Chapter 11 only to quickly file a second time.
The company filed for Chapter 11 bankruptcy protection last February, less than two years after its previous bankruptcy.
Dean Foods is filing for a Chapter 11 bankruptcy to help reorganize its debts, which include workers' pensions.
And each has filed for Chapter 11 bankruptcy protection to figure out a way to pay those victims.
In Chapter 11 bankruptcy proceedings, companies have the first chance to devise how to sort out their finances.
Payless ShoeSource is relaunching in the US after emerging from Chapter 11 bankruptcy protection, the company said Thursday.
As soon as a company files for Chapter 11 bankruptcy, all civil lawsuits against it are automatically stayed.
The Chapter 11 bankruptcy filing was made in federal bankruptcy court for the Southern District of New York.
Bon-Ton Stores has filed for Chapter 11 bankruptcy protection, the largest retailer to do so this year.
In October, Mattress Firm filed for Chapter 11 bankruptcy protection to get out of about 700 unfavorable leases.
In 2001, PG&E sought Chapter 11 protection after a bungled deregulation of the energy sector by California.
When it filed for Chapter 11 protection in Delaware earlier this month, Insys requested the cases be paused.
It was purchased by Trump's friend Carl Icahn last month after Trump Entertainment Resorts filed for Chapter 11 bankruptcy.
Remington said it will receive $001 million in bankruptcy financing to fund the company through the Chapter 11 process.
The protection provided under Brazilian law is similar to that provided by Chapter 11 of the U.S. bankruptcy code.
Sears in bankruptcy has, therefore, continued a trend that far preceded its chapter 11 filing, a slow-paced liquidation.
Faster Chapter 11 proceedings also have been driven by hedge funds, which increasingly have replaced banks as senior creditors.
At the same time, Jia is asking his creditors to vote on Chapter 11 bankruptcy as a backup plan.
But documents surfaced earlier this week that showed what it would take to prepare Faraday Future for Chapter 11.
That included scuttling plans to take investment from automotive companies as well as another to explore Chapter 11 bankruptcy.
Sears Holdings – Sears has filed for Chapter 11 bankruptcy protection, and plans to close 142 more of its stores.
"We continue to believe that implementation of a comprehensive restructuring plan will likely involve Chapter 11 proceedings," it said.
Yohai filed for Chapter 11 bankruptcy protection in December for three companies, and another was filed but later dismissed.
Apparel retailer Gymboree filed for Chapter 11 bankruptcy protection earlier this year and will be shutting hundreds of stores.
The company aims to wrap up its second Chapter 11 bankruptcy in as many years within a few weeks.
The company is expected to file for Chapter 11 bankruptcy protection within weeks, the Wall Street Journal reported, [nL2N1742AI].
Already this year, 10 retailers have filed for protection under Chapter 11 and more filings are on the horizon.
Regardless of their reason for filing for bankruptcy, more retailers who enter Chapter 11 are ending up in liquidation.
This time, it's teen clothing company Rue21, which filed for Chapter 11 bankruptcy protection Monday in a Pennsylvania court.
Without a new limit, farmers would be forced into a Chapter 11 filing, which is more costly and onerous.
Earlier cases including Quiksilver and American Apparel were also able to source new-money investment while in Chapter 11.
The Chapter 11 filing came three years after private equity firm Prentice Capital Management bought it out of bankruptcy.
Lehman had been Wall Street's fourth-largest investment bank before it sought Chapter 11 protection from creditors on Sept.
Zive oversaw mediation of similar claims in the Chapter 11 bankruptcy of the Roman Catholic Diocese of Stockton, California.
Circuit City Stores, once the No. 2 U.S. consumer electronics retailer, filed for Chapter 11 bankruptcy in November 2008.
Last month, telephony services provider Avaya Inc filed for Chapter 11 bankruptcy as it struggled with its debt load.
Before filing Chapter 11 on Wednesday, the buzzy startup was worth more than $600 million, according to Pitchbook data.
Barneys New Yorkfiled for Chapter 11 bankruptcy in August and said it will close 15 of its 22 stores.
Gibson has secured $135 million in debtor-in-possession financing to fund its operations during the Chapter 11 proceedings.
Electronics retailer RadioShack, for instance, last year cut its 4,000 stores by half to emerge from Chapter 11 bankruptcy.
After filing for Chapter 11 bankruptcy protection, the company failed to find a buyer and ultimately called it quits.
Barneys — the high-end department store known for its designer offerings — filed for Chapter 11 bankruptcy protection in August.
They lecture together on the law-school circuit—Chapter 11 stuff, with some Borscht Belt-style patter thrown in.
In the Chapter 11 bankruptcy filing, dated Wednesday, Levandowski said his assets are between $50 million and $100 million.
The startup's Chapter 11 filing amounts to another black eye for its largest backer, Japanese investing giant Softbank (SFTBF).
The lawsuit against Scour was eventually dismissed as a result of the company filing for Chapter 11 bankruptcy protection.
Discount retailer Fred's announced Monday it is filing for Chapter 11 bankruptcy protection and closing all of its stores.
PG&E PLAN PROPOSES PAYING UP TO $16.9 BILLION TO VICTIMS OF WILDFIRES THAT TRIGGERED ITS CHAPTER 11 BANKRUPTCY
It also proposed a ban on Chapter 11 bankruptcy filings by companies that receive federal funds for five years.
USA Gymnastics filed for Chapter 11 bankruptcy in December 2018, saying the move would speed up settlements for athletes.
OneWeb plans to file for Chapter 11 bankruptcy on Friday when markets close in New York at 4 p.m.
The resolution would end almost all cases against Purdue, which is expected to soon file for Chapter 11 bankruptcy.
In cases where the company files specifically for Chapter 11 twice, the scenario is referred to as Chapter 22.
Accessories and apparel chain Charming Charlie filed for Chapter 11 bankruptcy protection for the first time in December 2017.
Chapter 11 also lets the diocese try to settle claims with existing assets and insurance coverage, the statement says.
The parent company of Bob's Stores and outdoor retailer Eastern Mountain Sports filed for Chapter 11 in early February.
Stores outside North America were not included in the Chapter 11 filing and will continue operations, the retailer added.
Hashemi most recently founded a movie theater company called IPIC Entertainment, which filed for Chapter 11 bankruptcy in August.
Payless previously filed for Chapter 11 in April 2017, eliminating nearly 700 stores and roughly $435 million in debt.
The company first filed for Chapter 11 bankruptcy in April 2017 and closed roughly 400 stores at that time.
Without a deal and with $134 million in debt payments due Monday, Sears filed for Chapter 11 bankruptcy protection.
Purdue Pharma Purdue Pharma, the maker of the painkiller OxyContin, filed for Chapter 11 bankruptcy in New York yesterday.
The publisher's 5003 local newsrooms will continue to operate as usual as McClatchy reorganizes under Chapter 11 bankruptcy protection.
The club then filed for Chapter 11 bankruptcy, and re-opened its doors in April despite an uncertain future.
Trump Entertainment Resorts emerged from Chapter 11 reorganization in July 2010, with Trump acquiring a smaller stake in the company.
Rodier & Rodier reportedly sued Cassidy in 2013, but his 2015 Chapter 11 bankruptcy filing put their pending lawsuit on hold.
The Nikkei business daily reported earlier that a Chapter 11 filing was one of the options that Toshiba was considering.
The voluntary petition for reorganization under Chapter 11 of the US Bankruptcy Code was filed in the Texas Bankruptcy Court.
The deal is likely to put the company into Chapter 11 proceedings by the end of May, the report said.
Gump's Holdings LLC, which owns Gump's Corp and Gump's By Mail, filed for bankruptcy protection under Chapter 11 on Aug.
If Gymboree does file for Chapter 11, it would likely close the majority of its 900 stores, the Journal reported.
As part of the Chapter 11 bankruptcy restructuring, Sears CEO Eddie Lampert will step down from his position, effective immediately.
Debt holders will receive about a 99% stake in the company that emerges from Chapter 11, according to the filing.
They know the difference between chapter 11 and chapter 7 they just never saw anyone from HipHop culture use it.
It filed for Chapter 11 bankruptcy protection in January and later opted to liquidate after failing to find a buyer.
If PG&E files for Chapter 11 bankruptcy protection, wildfire cases would be put on hold, the company has said.
Apparel retailer Charlotte Russe filed for Chapter 11 bankruptcy protection on Sunday, saying it plans to close nearly 100 stores.
It claimed it filed for Chapter 11 to reorganize its custom cabinetry operation and was legitimately seeking protection from creditors.
According to the LoPucki-UCLA Bankruptcy Research Database, only a few large companies have used Chapter 11 more than twice.
Hogan, whose real name is Terry Bollea, won a $140 million judgment against Gawker, forcing the website into Chapter 11.
Those cash injections have convinced some investors that the retailer will be able to stave off a Chapter 11 filing.
After Westinghouse moved into Chapter 11 protection earlier this year, Toshiba's remaining partner Engie also pulled out of the project.
Ener1 filed for Chapter 11 bankruptcy in January 2012 after the demise of another customer, solar panel maker Solyndra LLC.
Not having earned an annual profit after 2007, Coldwater Creek filed for Chapter 11 and liquidated its inventory and assets.
In other 19th-century-industry news Peabody Energy's Chapter 11 filing means it can keep Working in the coal mine.
The company on Friday filed for Chapter 11 bankruptcy and announced the beginning of an auction process to sell itself.
But the business did end up filing for Chapter 11 in 2011, and its remaining stores closed the following year.
The company dominated the furniture scene in the northeast for years, but ultimately filed for Chapter 11 bankruptcy in 1992.
As a result, he said Jumio had decided to sell most of its assets under a Chapter 11 restructuring process.
The debt-laden retailer is preparing to file for Chapter 11 bankruptcy protection as early as Friday, sources told Reuters.
Barneys New York filed for Chapter 11 bankruptcy protection in August, the latest retailer to buckle as shoppers move online.
Professor Klee serves clients as an expert witness, mediator, arbitrator, attorney, or consultant in his chapter 11 business reorganization practice.
O filed for bankruptcy protection on Monday, the latest in a surge of Chapter 11 filings among U.S. energy producers.
American Airlines and General Motors arguably thrived thanks to bankruptcy, although retailers in particular tend to perish in Chapter 11.
The Wall Street Journal reports the Boys Scouts has hired a law firm for possible chapter 11 bankruptcy filing assistance.
In the world of retail, filing for Chapter 11 or Chapter 7 bankruptcy typically involves job losses and store closings.
General Electric – GE is considering putting its subprime mortgage business into Chapter 11 bankruptcy protection, according to an SEC filing.
Charlotte Russe kicked off closing sales at 94 stores in February, after the company filed for Chapter 11 bankruptcy protection.
Forever 21's Chapter 11 bankruptcy filing cast the struggling fast-fashion retailer as the embodiment of the American Dream.
Forever 303 filed for Chapter 11 bankruptcy protection on Sunday and announced it would close up to 350 stores globally.
Gawker, which faces a $140 million judgment, filed for Chapter 11 bankruptcy in June and put itself up for sale.
Peabody stock had been trading in the $2 range for the past month as it struggled to avoid Chapter 11.
Gawker Media is seeking Chapter 11 protection, and the company will be put up for auction, Reuters reported on Friday.
That's one reason why Bumble Bee Foods filed filed for Chapter 11 bankruptcy Thursday as it prepares to sell itself.
Saddled with debt it can't afford, Sears is filing for Chapter 11 to keep itself afloat through the Christmas holidays.
Three years later, it did — the company filed for Chapter 11 bankruptcy protection, facing $100 million in claims from creditors.
The Wall Street Journal newspaper first reported the settlement and the chapter 11 filing for Mallinckrodt's generic unit on Monday.
For the last few years, the school has struggled financially, and it filed for Chapter 11 bankruptcy protection in 2015.
Payless first filed for Chapter 11 bankruptcy in April 20173, with more than 4,000 stores in more than 30 countries.
The diocese said it was seeking Chapter 11 protection because of old accusations revived under New York's Child Victims Act.
Within a year, his corporation declared bankruptcy — and, as part of the Chapter 11 filing, released employees from nondisclosure agreements.
OxyContin maker Purdue Pharma in September filed for Chapter 11 bankruptcy protection, collapsing under the weight of thousands of lawsuits.
This time, Payless emerges from Chapter 11 with more than 700 stores in Latin America, Asia and the Middle East.
Wednesday, the Roman Catholic Diocese of Harrisburg, Pennsylvania, filed for Chapter 11 bankruptcy, Bishop Ronald Gainer announced at news conference.
Pier 1 Imports has filed for Chapter 11 bankruptcy, the home goods retailer announced in a press release on Monday.
Disgraced Hollywood mogul Harvey Weinstein's former film company reportedly filed for Chapter 11 bankruptcy in a Delaware court on Monday.
A court has approved the company's admission to a Chapter 11-like extraordinary administration process aimed at restructuring the group.
The business filed for Chapter 11 bankruptcy protection in 2016 after raising $65 million over its 10 years of operation.
Chapter 11 bankruptcies spiked 63% in March from a year ago and have hit the highest level since April 2011.
" Asked for a comment about its Chapter 11 strategy, a Searchmetrics spokesman wrote in an email to us that the "U.
The company does not expect any impact to electric or natural gas service for its customers during the Chapter 11 process.
How much is distributed to victims will depend on Woodbridge's Chapter 11 bankruptcy and how much a related liquidation trust collects.
CCM, which last week filed for Chapter 11 bankruptcy protection, said it is seeking a "turn-key sale" to another company.
That has become a concern since Chapter 11 bankruptcy filings by some of the biggest coal companies in the United States.
Accessories chain Claire's filed for Chapter 11 bankruptcy protection in March, with plans to trim its debt by nearly $2 billion.
The move comes as Sears, once a dominant appliance retailer, recently filed for Chapter 11 bankruptcy protection and is shutting stores.
For example, RadioShack auctioned about 1,700 stores as a going concern just 39 days after filing for Chapter 11 in 2015.
The San Diego diocese settled sex abuse claims in 215 for a total of $198 million after filing for Chapter 11.
PG&E has made no decisions as to whether to assume or reject contracts as part of filing for Chapter 11.
The Chapter 11 case is anticipated to begin on Monday, with the first hearing as early as Tuesday, the filing said.
Last week, Texas-based Ultra Petroleum Corp, a victim of low oil and gas prices, filed for Chapter 11 bankruptcy protection.
Alpha's reorganization under Chapter 11 bankruptcy significantly reduced the company's debt, which had totaled more than $7 billion when it filed.
In response Abraaj filed for provisional liquidation, akin to America's Chapter 11 proceedings, to give it greater control over its restructuring.
A Chapter 11 bankruptcy, many analysts agree, is a sensible way to deal with the chain's $20063bn of long-term debt.
Their plan: file for Chapter 11 creditor protection to shed debt and raise cash so they can spend and invest again.
After Reuters reported that the company still planned to file for Chapter 11, the shares fell 5.5 percent in extended trading.
SandRidge had estimated its assets were worth $7 billion as of March 31, according to its Chapter 11 filing in May.
Earlier this month, we said goodbye to The Limited's mall presence, as the retailer prepared to file for Chapter 11 bankruptcy.
The number of retailers filing for Chapter 11 bankruptcy protection is headed toward its highest annual tally since the Great Recession.
American Apparel hired investment bank Houlihan Lokey earlier this year to explore a sale, months after emerging from Chapter 11 bankruptcy.
Gawker Media, the publisher behind popular websites like Gizmodo, LifeHacker, Jezebel and Gawker, filed for Chapter 11 bankruptcy protection on Friday.
VidAngel claims that Chapter 11 will give it room to reorganize its business so it can focus on its new business.
Eddie Bauer has taken more than one trip to bankruptcy court, with its most recent Chapter 11 filing coming in 2009.
Stearns also said that replacing Skadden at this point in its Chapter 11 bankruptcy would set back its efforts at reorganizing.
Dean Foods, the largest milk company in the United States, announced its Chapter 11 bankruptcy filing yesterday, the Associated Press reported.
The latest retail defaults' come from Claire's Stores, which just filed for Chapter 11 bankruptcy protection last month, and Sears Holdings.
In 2006, U.S. carrier Delta launched a new look for staff, despite being in the midst of Chapter 11 bankruptcy proceedings.
Department of justice * Takata corp says expected that proceedings under civil rehabilitation act in japan and chapter 11 process in u.s.
The specter of bankruptcy also looms large; the Boy Scouts, for example, have not ruled out filing for Chapter 11 bankruptcy.
Samson filed for Chapter 11 in September, becoming the largest energy producer to seek bankruptcy last year as oil prices plummeted.
Energy Future, Texas' biggest power company, filed for Chapter 11 protection in April 2014 to deal with $42 billion in debt.
PES, which owns the largest and oldest refiner on the U.S. East Coast, filed for Chapter 11 bankruptcy protection on Jan.
OXYCONTIN MAKER PURDUE PHARMA FILES FOR CHAPTER 11 BANKRUPTCY IN U.S. BANKRUPTCY COURT FOR SOUTHERN DISTRICT OF NEW YORK - COURT FILING
Once a company files for Chapter 11 protection, only secured creditors, such as banks, can expect to be repaid in full.
Karma Club in Seaside Heights, NJ has filed for Chapter 11 bankruptcy ... this according to new legal docs obtained by TMZ.
It went into Chapter 11 bankruptcy this year and abandoned plans to build two advanced AP1000 reactors in the United States.
The ice cream chain Ample Hills filed for Chapter 11 bankruptcy protection, saying the decision was not related to the coronavirus.
Luxe candy purveyor Sugarfina, known for its unique flavors of gummy bears and chocolates, filed for Chapter 11 bankruptcy in September.
At present, disputes between private investors and governments of the countries where they invest are covered in Chapter 11 of NAFTA.
The retailer, which is based in Anaheim, Ca., filed for Chapter 11 in the federal bankruptcy court in Delaware early Thursday.
The company put its U.S. subsidiaries in Chapter 11 bankruptcy and filed for Chapter 15 protection from creditors of non-U.
Only the national organization filed for Chapter 11 and that local councils that provide programming and other services are financially independent.
We need to write, we need to write a new chapter in the American dream, and it can't be Chapter 11.
Competitor Noon Mediterranean, formerly Verts Mediterranean Grill, filed for Chapter 11 bankruptcy protection earlier this week and even Zoes has struggled.
The company entered Chapter 11 protection from creditors in January in the face of more than $30 billion in fire claims.
One difference is that another settlement process, formerly known as Chapter 11, will be phased out between the US and Canada.
Avaya spent the past year sorting its financials in a Chapter 11 bankruptcy process before listing its shares publicly this week.
American Apparel filed for Chapter 11 bankruptcy protection in 2015 and then again in 2016, before ultimately closing all its stores.
Charlotte Russe kicked off closing sales at 94 stores in February 2019, after the company filed for Chapter 11 bankruptcy protection.
"Under the Chapter 11 process, any Butte Fire settlements that have not been paid will be addressed in the bankruptcy case."
The filing comes less than four months after Cumulus Media Inc, which operates 445 U.S. radio stations, filed for Chapter 11.
In the United States, energy group PG&E Corp is looking to rescind costly PPAs as part of a Chapter 11 reorganisation.
O said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.
Others, including University of Chicago bankruptcy professor Douglas Baird, said they have "no doubt" PG&E would qualify for Chapter 11 protections.
"The factors affecting the global coal industry in recent years have been unprecedented," the company said in announcing its Chapter 11 filing.
The company said it had received about $4 million in debtor-in-possession financing to maintain operations during the Chapter 11 process.
The offshore drilling contractor, once the world's largest by market capitalisation, filed for U.S. Chapter 11 bankruptcy protection in Texas on Sept.
The stock price has plunged since the company announced it plans to pursue Chapter 11 bankruptcy by the end of the month.
And there are signs that the store's future may be in greater doubt than when it emerged from Chapter 11 in February.
Recent history is full of retailers that emerged from Chapter 11 only to quickly file a second time, ending up in liquidation.
Under the Chapter 11 process, the Bankruptcy Court will soon set a schedule for other potential bidders to enter the sale process.
In a Chapter 7 case, a company is liquidated rather than reorganized as a going concern as in a Chapter 11 case.
And there have been plenty of other retailers that have emerged from Chapter 11 bankruptcy, only to fall back on hard times.
PG&E still plans to move forward with its Chapter 11 bankruptcy protection filing, a source close to the company tells Axios.
On Monday, Dickinson of San Antonio Inc filed for Chapter 11 protection after the U.S. Department of Education cut off student aid.
Payless has filed for Chapter 11 bankruptcy protection and says it is closing all of its roughly 2,500 stores in North America.
In the United States, energy group PG&E Corp is looking to rescind costly PPAs as part of a Chapter 11 reorganization.
The deteriorating results come amid a shakeout in the teen retail space, following Chapter 11 filings from competitors Wet Seal and Aéropostale.
SunEdison filed for Chapter 11 bankruptcy protection in April after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable.
Horsehead filed for Chapter 11 protection in February after idling its zinc production facility in Mooresboro, North Carolina, amid weak zinc prices.
Women's apparel company Charlotte Russe on Sunday filed for Chapter 11 bankruptcy protection and said it planned to shut about 94 stores.
SFX Entertainment filed for chapter 11 bankruptcy in the United States today, after a year of financial uncertainties for the EDM conglomerate.
The businessman has in the past filed for Chapter 11 bankruptcy protection for the Trump Taj Mahal casino and Trump Plaza Hotel.
Movie producer Killer Content Inc said in January it might make a bid if the company was put into Chapter 11 bankruptcy.
Instead, his wealth came in part from causing the casinos to borrow heavily and then slashing that debt in Chapter 11 bankruptcy.
OL, controlled by Norwegian-born billionaire John Fredriksen, expects the recovery to help it to emerge from Chapter 11 proceedings next August.
Claire's, known for its affordable jewelry and ear-piercing services, filed its Chapter 11 petition in the U.S. bankruptcy court in Delaware.
Other teen clothing retailers Aeropostale, Wet Seal and American Apparel have all filed for Chapter 11 bankruptcy protection within the past year.
Remington Outdoor Co Inc, which was once a Cerberus investment, and makes the Bushmaster rifle emerged from Chapter 11 bankruptcy last week.
In late 2015, Tilton filed a Chapter 11 bankruptcy petition for the first Zohar fund she created more than a decade ago.
In 1994, it was acquired by Federated Department Stores (the present-day Macy's), which itself had emerged from Chapter 11 in 1992.
Emerges from chapter 11 as Neo Performance Materials * Confirmed fourth joint amended plan of reorganization became effective as of August 31, 2016.
PK filed for Chapter 11 bankruptcy protection in April after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable.
Seadrill had debt and liabilities of more than $10 billion at the time of the initial Chapter 11 court filing last year.
Takata said in its Chapter 11 filings that it will create a fund to compensate future injuries stemming from the air bags.
The value of medallions in New York City have fallen sharply, while fleet owners from coast-to-coast are filing Chapter 11.
If it can't reach an agreement, Seadrill was "also preparing various contingency plans, including potential schemes of arrangement or Chapter 11 proceedings".
Pacific Drilling filed for Chapter 11 bankruptcy protection in November after failing to reach an out-of-court restructuring with its stakeholders.
Reminder: Filing for Chapter 11 does not always equate to going out of business, and Remington has some new financing in hand.
While bankrupt companies often have big pension deficits, the vast majority flag the underfunding years in advance of filing for Chapter 11.
The Kentucky-based mattress company, which owns Mattress Warehouse, Mattress King, and Sleep Outfitters, filed for Chapter 11 bankruptcy on January 14.
The company, which expects to continue operations during the Chapter 11 process, said the reorganization would eliminate $600 million of its debt.
However, it went through a Chapter 11 bankruptcy in 2015, before reemerging last year as a private company called Neo Performance Materials.
Industry analysts, investors and former retail executives said Sears's Chapter 11 filing is only a short stop on the way to liquidation.
But it lost its most notable manufacturer in 1503, when American Apparel filed for Chapter 11 bankruptcy and its assets were sold.
Shares of Fred's Inc plunged 46.27% to a record low after the discount retailer said it filed for Chapter 11 bankruptcy protection.
After filing for Chapter 11 protection, Toys "R" Us had planned to shed some of its debt load and refresh its operations.
The retail chain filed a Chapter 11 bankruptcy petition in New Jersey, and will begin liquidation sales at its locations on Friday.
Shares of Fred's Inc plunged 46.27% to a record low after the discount retailer said it filed for Chapter 11 bankruptcy protection.
Destination Maternity, which owned maternity brands including A Pea in the Pod and Motherhood Maternity, filed for Chapter 11 bankruptcy in October.
Its Chapter 11 reorganization lasted four years, and resulted in plant closings and the elimination of tens of thousands of factory jobs.
PG&E — The natural gas company's stock rose 1.6% in extended trading after the company submitted an updated Chapter 11 bankruptcy plan.
It is not clear if Chinese buyers might be interested in the business, which filed for Chapter 11 bankruptcy protection last week.
A press release from Business Wire said that the company is pursuing a "orderly sale process" by filing for Chapter 11 bankruptcy.
The BSA intends to use the Chapter 11 process to create a Victims Compensation Trust that would provide equitable compensation to victims.
Claire's, known for its affordable jewelry and ear-piercing services, filed its Chapter 11 petition in the U.S. bankruptcy court in Delaware
That is how the court avoided doing any damage to current Chapter 11 practice — beyond the obvious point of prohibiting nonconforming dismissals.
The company has to exit Chapter 11 by a crucial June 30 deadline, and there is one huge remaining obstacle: California Gov.
Paragon's secured lenders had said that the company faced a risk of a second Chapter 11 filing because of overly ambitious assumptions.
The company acquired National Envelope out of bankruptcy in 2013, which was National Envelope's second trip through Chapter 11 in three years.
In 2010, the chain filed for Chapter 11 bankruptcy, but it emerged as a private company that briefly became profitable until 2014.
McClatchy Co., the second-largest newspaper company in the U.S., announced on Thursday that it has filed for Chapter 11 bankruptcy protection.
If a bankruptcy court accepts the Chapter 11 plan, the company would likely be led by hedge fund Chatham Asset Management LLC.
Sometimes referred to as "reorganization bankruptcy," Chapter 11 allows a company to remain in operation as it attempts to restructure its finances.
Any litigation enabled by a lookback window, however, would grind to a halt if the Boy Scouts filed for chapter 11 bankruptcy.
While Chapter 11 bankruptcy is focused on a company reorganizing and paying off its debt, it has a variety of possible outcomes.
Investors feared that Chesapeake was considering filing for Chapter 11 bankruptcy protection as the energy industry has been hit by low oil prices.
Recently, The Limited, Wet Seal and American Apparel have all started the process of winding down their store fleets following Chapter 11 filings.
Chaparral has a hearing on March 9 to confirm its plan to emerge from Chapter 11 bankruptcy, funded in part by asset sales.
Annapurna has partnered in the past on films with The Weinstein Company, Weinstein's former production company which is currently in Chapter 11 bankruptcy.
Despite filing for Chapter 11 bankruptcy, and Schiffer being arrested soon after for allegedly passing bad checks, Verboten's doors re-opened in April.
A hearing in the U.S. Bankruptcy Court in Chicago, which is overseeing the operating unit's Chapter 11, is scheduled for later on Wednesday.
PG&E (PCG) shares continue to be pressured following the utility's announcement Monday that it intended to file for Chapter 11 bankruptcy protection.
And then, just a few days after Amoruso spoke at AWE, there was the disappointing news about Nasty Gal filing for Chapter 11.
As a result of mounting losses, Greyhound Lines filed for reorganisation under Chapter 11 of the U.S. Bankruptcy Code while bus operations continued.
They were all Chapter 11 restructurings, which lets a company stay in business while shedding debt it owes to banks, employees and suppliers.
Several Ovation chains, including HomeTown Buffet, Old Country Buffet, Ryan's, Fire Mountain and Tahoe Joe's, filed for Chapter 11 bankruptcy back in March.
Toshiba has put its memory chip unit and other assets up for sale and Westinghouse has filed for Chapter 11 protection from creditors.
"We are looking at numerous pre-petition transactions that were described at least in part" in Chapter 11 filings by Seadrill on Sept.
Last week, private natural gas and electricity utility Pacific Gas and Electric Company, better known as PG&E, filed for chapter 11 bankruptcy.
According to WWD, the decision reportedly came out of an October 24 meeting, where the company's board voted to seek Chapter 11 protection.
Read MoreTrump takes on politics like a trader No one should be literally happy that an American company is filing for Chapter 11.
Lampert held the title of CEO until he stepped down from the role when Sears filed for Chapter 11 bankruptcy protection last October.
That judgment is being appealed, but to avoid paying Hogan, the company and its owner, Nick Denton, are filing for Chapter 11 bankruptcy.
Since filing for Chapter 11 protection in early February, Horsehead has been pressing reorganization plans while warring with key stakeholders, notably its shareholders.
Casual family restaurant chain Bertucci's filed for Chapter 11 bankruptcy protection on Sunday, blaming price competition and diners opting for cheaper, faster alternatives.
Unlike the U.S. Chapter 11 process, however, listed Brazilian companies undergoing in-court reorganization continue to trade on the Sao Paulo stock exchange.
SunEdison also said last month it plans to stop making interest payments on behalf of the yieldcos due to its Chapter 11 proceedings.
Facing billions in liabilities after contributing to some of California's deadliest and most devastating wildfires, PG&E filed for Chapter 11 bankruptcy protection.
After its long-expected Chapter 11 filing early last year, the electronics chain partnered with Sprint on more than 22008,22010 co-branded shops.
The New York-based unit of Italy's Diesel SpA filed for Chapter 11 protection from creditors with the U.S. bankruptcy court in Delaware.
Energy Future filed for Chapter 11 in April 2014 with $42 billion in debt, the largest bankruptcy since General Motors Corp's in 2009.
Last week, responding to media reports on a potential Chapter 11 filing, Toshiba said it was not aware Westinghouse was considering the step.
THE last time Australia was in recession, Mikhail Gorbachev led the Soviet Union and Donald Trump had filed for Chapter 11 only once.
The company intends to continue operating during the Chapter 11 reorganization with cash on hand and access to $350 million from the lenders.
Many of 2019's filings are pre-planned, Chapter 11 restructurings, where creditors agree in advance on a financial restructuring plan, Clark said.
Caesars Entertainment, which owns or operates Caesars Palace, Planet Hollywood, Bally's, Paris Las Vegas and Harrah's, recently emerged from Chapter 11 bankruptcy protection.
But less than two years later in the summer of 2011, Solyndra filed for Chapter 11 bankruptcy leaving U.S. taxpayers on the hook.
Debt helped build his real estate fortune, and his companies have filed for Chapter 11 bankruptcy protection more than a handful of times.
AMCA lost its four largest clients including Quest following the breach and filed for Chapter 11 protection, aiming to liquidate, according to Bloomberg.
Chapter 7 is when a company liquidates and no longer exists, while Chapter 11 lets companies sell assets or craft a reorganization plan.
Everybody understands that the Chapter 11 process puts us in a position where we can consider making changes to our fleet of stores.
The bankruptcy agreement involves swapping debt for equity after PacSun emerges from Chapter 11, the report cited one of the people as saying.
DALLAS (AP) — Dean Foods is filing for Chapter 11 bankruptcy protection and may sell the company off to the Dairy Farmers of America.
As a result of mounting losses, Greyhound Lines filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code while bus operations continued.
Firearms manufacturer Remington has delayed its planned Chapter 11 bankruptcy filing for a second time, now extending the deadline from tomorrow to Sunday.
Milacron, which traces its history to 1860 as a screw shop, had filed for Chapter 11 bankruptcy protection of its businesses in 2009.
"If you look at the history of these Roman Catholic archdioceses cases, they repeatedly did this where they filed Chapter 11," Reid said.
When the carmakers successfully exited Chapter 11, he moved on to a broader role as an assistant to the president for manufacturing policy.
David's Bridal filed for Chapter 11 bankruptcy protection in November 2018 and reemerged in January, having shrunk its debt load by $450 million.
Last month, Crain's Detroit Business reported that Thomas H. Lee Partners was weighing a possible sale and Chapter 11 filing for the chain.
Energy XXI, which emerged from Chapter 11 bankruptcy at the end of 2016, was found to have 207 safety violations during 337 inspections.
The very next day, the banks pulled out of refinancing the deal, she said, forcing the company to file for Chapter 11 bankruptcy.
Chaparral went through a bankruptcy process during the last oil price slump in 2014-16, emerging from Chapter 11 protection in March 2017.
But as Chapter 11 becomes inevitable for some companies, she added, it's going to be a whole new challenge to prepare the cases.
The company had filed for Chapter 11 bankruptcy a day earlier after being threatened by an involuntary Chapter 7 bankruptcy by three creditors.
ESL's proposal, outlined in a securities filing on Monday, amounts to a wholesale financial restructuring of Sears outside a Chapter 11 bankruptcy filing.
The Wall Street Journal earlier reported that the company was considering filing for Chapter 11 protection in U.S. Bankruptcy Court in Richmond, Virginia.
In 2016, Fairway filed for Chapter 11 bankruptcy protection, but managed to emerge after restructuring its business that same year with new management.
FOREVER 21- CO ANNOUNCED IT, ITS U.S. SUBSIDIARIES HAVE COMMENCED VOLUNTARY CHAPTER 11 CASES IN UNITED STATES BANKRUPTCY COURT FOR DISTRICT OF DELAWARE
Imperial Sugar filed for Chapter 11 in 2001 and sold its Diamond Crystal Brands to Hormel to help offset some of its debt.
Mr. Flickinger said he believed that Fairway could emerge as a successful chain through a Chapter 11 bankruptcy that addresses its suburban locations.
The New York City grocery chain filed for Chapter 11 protection last night, the second time in four years it has done so.
PES told its employees on Sunday it would file for Chapter 11 bankruptcy, pinning its financial difficulties on renewable fuel laws, Reuters reported.
Purdue's board approved the Chapter 11 settlement yesterday, according to NPR, and bankruptcy was all part of the drug company's proposed settlement plan.
Seeing Remington file for Chapter 11 protection from creditors in the coming year would merely be the first step in that arduous quest.
Chapter 11 of the NAFTA trade agreement between Canada, Mexico and the United States gives investors the right to make claims against governments.
Emerges from chapter 11 bankruptcy * Cosi Inc - new restructured entity is now owned by Milfam II L.P., AB Value Partners, LP, AB Value Management llc and Ab Opportunity Fund LLC * Cosi Inc - chapter 11 first amended joint plan of reorganization has gone effective on may 10, co has emerged from bankruptcy as a private company Source text for Eikon: Further company coverage:
Your favorite fashion destination for party dresses and trendy accessories, Nasty Gal, just filed for Chapter 11 bankruptcy in the Central District of California.
Pacific Sunwear filed for Chapter 11 bankruptcy protection in April, succumbing to mounting losses and intense competition from online rivals and fast-fashion retailers.
The company emerged from bankruptcy in 2017, two years after filing for Chapter 11 protection after piling up more than $18 billion in debt.
In February, Charlotte Russe filed for relief under Chapter 11 and planned to close 94 out of 500 of its brick and mortar locations.
The parent company of Terraforma, Sun Edison, filed for Chapter 11 bankruptcy protection in April after a binge of debt-fuelled acquisitions proved unsustainable.
In 30 years, no major U.S. company has filed for Chapter 11 more than Trump's casino empire, but that doesn't seem to scandalize voters.
Details: PG&E, the solvent California utility, filed for Chapter 11 protection this week, citing assets of $71.4 billion and liabilities of $51.7 billion.
The SEC on Thursday won an asset freeze against Shapiro and several of his companies that are not part of the Chapter 11 proceeding.
The group's operations will be split in two as part of the Chapter 11-like creditor protection programme it is under, Il Messaggero said.
They are sometimes imposed alongside "anti-hoarding" measures meant to prevent companies from building a war chest ahead of a Chapter 11 bankruptcy filing.
The move comes after Georgia Power took over the plant's project management from Westinghouse Electric Corp, which filed for Chapter 11 bankruptcy in March.
The Company also obtained commitments for $525 million of senior secured credit facilities enabling it to emerge from Chapter 11 and support operations thereafter.
It applied for Chapter 11 as the bills piled up from suppliers, some 200 of which have stopped shipping their products to the company.
Kirkland & Ellis represented Samson when the Tulsa, Oklahoma-based company filed for Chapter 11 in September, marking the biggest energy-related bankruptcy of 2015.
Aeropostale filed for Chapter 11 bankruptcy in May in the face of hard times for mall-based retailers and competition from other apparel chains.
Joerns WoundCo Holdings Inc is hoping to see its bankruptcy reorganization plan approved next month, just over 30 days from seeking Chapter 11 protection.
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy industry.
If it can't reach an agreement, Seadrill was preparing various contingency plans, including potential schemes of arrangement or Chapter 11 proceedings, the company said.
The automaker, in a prepared statement, noted that it has aggressively expanded its job and manufacturing base since emerging from Chapter 11 in 2010.
Vitamin World, the nutritional supplement chain with nearly 350 stores, plans to file for Chapter 11 bankruptcy as soon as this month, per Reuters.
Both proposed to exit Chapter 11 by swapping control of the company to their lenders in return for eliminating billions of dollars of debt.
U.S. Bancorp nevertheless asked the court to vacate the lower court holding that it could not sue Bonner over the original Chapter 11 plan.
CIT eventually filed for Chapter 11 bankruptcy protection in November 2009, but its decision created a precedent that investment grade bankers came to dread.
Buying club DirectBuy Holdings Inc filed for Chapter 11 bankruptcy on Tuesday and said it plans to sell its company's assets to its lenders.
The board of Japan's Toshiba has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday.
The company will eliminate more than $2.8 billion in debt from its balance sheet through the Chapter 11 restructuring, it said in a statement.
The more optimistic outlook in China came too late for Peabody Energy, the world's largest private coal firm, which filed for Chapter 11 bankruptcy.
According to sources close to the situation, Nasty Gal is preparing to file for Chapter 11 bankruptcy protection, allowing it to reorganize its business.
Core Media Group filed Chapter 11 bankruptcy Thursday morning saying it's several hundred million dollars in the hole, and needs to reorganize its debts.
The central government introduced a new law in 2007 allowing the restructuring of troubled companies, using methods similar to Chapter 11 proceedings in America.
Even if Berkshire's deal for Oncor closes, Energy Future may still face an uphill battle winning Sontchi's approval for its Chapter 11 reorganization plan.
NAFTA's Chapter 11 allows an investor from a member country to sue a member government on the basis that it was not treated fairly.
Power provider PG&E filed for voluntary Chapter 11 bankruptcy protection, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018.
PES entered Chapter 11 bankruptcy last week for the second time in less than two years, citing damage and business interruption from the fire.
Trump says he is 'comfortable' as president despite political battles, Saudi king orders probe in Khashoggi case and Sears files for Chapter 11 bankruptcy.
American Airlines – which entered Chapter 11 bankruptcy protection a few years back with little noticeable effect on its operations – provides an important counterexample here.
Legal experts say that comparing the cost of Chapter 11 cases is nearly impossible because of the large number of variables in each case.
As requested by the Canadian government, the new agreement would phase out Chapter 11, a section of NAFTA that allows investors to sue governments.
In his Chapter 11 bankruptcy petition, Mr. Denton listed $10 million to $50 million in assets and $100 million to $500 million in liabilities.
The good news is that retailers filing Chapter 11 reorganizations often ask the court to let them continue to honor gift cards, she said.
Among those 22 distressed names are Gymboree — which has now filed for Chapter 11 — Sears, Nine West, Claire's Store, David's Bridal and Charming Charlie.
Coal company Mission Coal filed for chapter 11 bankruptcy protection, saying it couldn't maximize the value of its operations, S&P Global Platts reports.
In a separate filing, Peabody said its own plan "is presently the only plan that provides a certain and timely exit" from Chapter 11.
The company filed for Chapter 11 bankruptcy protection in April after a short-lived but aggressive binge of debt-fueled acquisitions that proved unsustainable.
The Englewood, Colorado-based chain entered Chapter 11 bankruptcy with 464 stores in March and hoped to sell some locations as an ongoing business.
The news: The Journal reported that Sears could finally file for Chapter 11 bankruptcy protection, an event that many analysts had expected for years.
On Wednesday, Modell's filed for Chapter 11 bankruptcy protection, citing diminished sales of sports apparel and millions in unpaid debts to vendors and landlords.
Editor's note: After this article was finalized for print publication, Levandowski declared Chapter 11 bankruptcy following a court order to repay Google $179 million.
Gawker is filing for bankruptcy under Chapter 11 of the bankruptcy code, which provides companies with protection from creditors while they reorganize their finances.
The company said on Tuesday it secured $5.5 billion in financing from four banks as it prepares to file for Chapter 11 bankruptcy protection.
And J. Crew, which has struggled to adapt to online selling, is among retailers for which a Chapter 11 filing is a distinct possibility.
Both went through a Chapter 11 bankruptcy, autoworkers unions agreed to restructured contracts, and the companies were allowed to end onerous contracts with dealers.
Munilla Construction Management, which is based in Miami, has changed its name to Magnum Construction Management and has filed for Chapter 11 bankruptcy protection.
California's largest power company said in a statement Tuesday that it had submitted a Chapter 11 bankruptcy filing in the Northern District of California.
"This action is occurring because priest-perpetrators sexually abused minors," the archdiocese said in a statement announcing it was filing for Chapter 11 protection.
Payless ShoeSource said Thursday it has emerged from Chapter 11 bankruptcy protection for a second time, with a renewed focus on its international operations.
Vitamin World filed for chapter 11 bankruptcy protection in early September, with plans to close at least 50 stores as part of its restructuring.
The retailer has said it expects to complete Chapter 11 restructuring, which could include a sale to a third party, within roughly four months.
Houston-based Paragon, with rigs around the world, filed a pre-negotiated Chapter 11 in February with about $2.6 billion of long-term debt.
Toshiba has put up its prized memory chip unit and other assets for sale, and Westinghouse has filed for Chapter 11 protection from creditors.
Los Angeles-based Breitburn is one of more than 100 energy companies that filed for Chapter 11 bankruptcy after oil prices crashed in 2015.
Less than two weeks after its Chapter 11 filing, it lodged a rare form of trade complaint with the U.S. International Trade Commission (ITC).
In March, the company was placed under "business rescue", similar to U.S. Chapter 11 bankruptcy protection, after lenders pulled funding following cash flow problems.
SFX filed for Chapter 11 bankruptcy earlier this year, with Billboard reporting that its stock had plummeted to just over one cent a share.
Businesses in other industries started doing the same thing, and reorganization eventually came to be known as Chapter 11 of the US Bankruptcy Code.
What happened: The U.S. subsidiary of a venture-backed Berlin-based search optimization company called Searchmetrics just filed for Chapter 11 bankruptcy protection in Delaware.
The company said earlier this month that it plans to file for Chapter 11 bankruptcy protection in the aftermath of the 2017 and 703 fires.
In March, Petroceltic was placed in examinership, a process under Irish law akin to Chapter 11 bankruptcy in the United States and administration in Britain.
Just hours after her departure, the company announced that it will file for Chapter 11 bankruptcy protection due to the financial impact of the wildfires.
PK shareholders to order the appointment of an official equity committee in the coal miner's Chapter 11 restructuring, crushing hopes of a recovery for investors.
NEW YORK — Sports Authority is filing for Chapter 11 bankruptcy protection to try to fix its business as it pays off $1.1 billion in debt.
And here's the biggest casualty yet: Peabody Energy, the world's largest private-sector coal company, filed for Chapter 11 bankruptcy in St. Louis on Wednesday.
After extensive reviews with various stakeholders, we agreed that a Chapter 11 filing was the best way to ensure an orderly restructuring of the company.
Aeropostale hit a bump in the road when it filed for Chapter 11 bankruptcy in May 2016, consequently closing 154 of its 764 stores worldwide.
Gawker recently filed for Chapter 11 bankruptcy protection to avoid paying a $140 million judgment in the Hulk Hogan case, which was funded by Thiel.
Aeropostale, once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Ultra produces gas in Wyoming, Pennsylvania and Utah, and filed for Chapter 11 protection in April amid the worst energy price slump in a generation.
The company filed for Chapter 11 bankruptcy protection, and now — 15 years later — its market capitalization still hasn't reached its turn-of-the-century high.
On November 9th the share price of Peabody Energy, a coal firm that is trying to emerge from Chapter 11 bankruptcy, surged by almost 50%.
But soon after, Hilfiger's accountant told him that the company had run out of money and that he needed to file for Chapter 11 bankruptcy.
TLC followed the multiplatinum success of CrazySexyCool by filing for Chapter 11 bankruptcy, a consequence of a shitty recording contract and an even shittier manager.
Quietly, they kept working on the program in their off hours until GM emerged from Chapter 11 bankruptcy protection and could free up funding again.
N filed for Chapter 11 bankruptcy and said it would eliminate about $1.2 billion in debt by transferring control of the company to its noteholders.
The retailer filed a petition for Chapter 11 bankruptcy protection in October in the face of plunging sales and a legal battle with Mr. Charney.
Sears Holdings proved another famous victim of the so-called Amazon effect, closing hundreds of locations and filing for Chapter 11 bankruptcy protection last year.
DERIVATION SUMMARY The rating has been downgraded to 'D' as the company has entered into voluntary proceedings under Chapter 11 of the U.S Bankruptcy Code.
The retailer filed for a Chapter 11 reorganization in the U.S. bankruptcy court for the Southern District of Indiana, the company said in a statement.
The troubled company sought Chapter 11 bankruptcy protection in January after severe wildfires in 2017 and 2018 resulted in more than $30 billion in liabilities.
More details have emerged about Sports Authority's plans to file for Chapter 11 bankruptcy protection as soon as Tuesday evening, The Wall Street Journal reported.
Nikkei said the Westinghouse board would meet as early as Tuesday to decide on a Chapter 11 petition, which it could file the same day.
The teen-oriented retailer wants to have until March 1 to file a Chapter 11 plan and until April 30 to solicit support for it.
Claire's has received a commitment of $135 million in debtor-in-possession financing from Citigroup, and expects to complete the Chapter 11 process in September.
Quirky electronics retailer The Sharper Image filed Chapter 11 in 2008, following years of sluggish sales and a controversy over its Ionic Breeze air purifiers.
In early 2008, however, the company filed for Chapter 11 bankruptcy to shed some of its 626 locations and cut its debt by $700 million.
Vick filed for Chapter 11 back in 2008 after the infamous dog-fighting scandal -- when he lost his NFL salary and several lucrative endorsement deals.
The company is still considering a Chapter 11 filing to negotiate such a settlement under the supervision of a U.S. bankruptcy judge, the source said.
The impact of these closures — a mixture of shrinking store fleets and Chapter 11 filings — is already trickling into the industry's nearly 290 million jobs.
PG&E sought Chapter 11 bankruptcy protection in January after severe wildfires in 2017 and 2018 left it expecting more than $30 billion in liabilities.
The company that makes Gibson guitars and Baldwin pianos filed for Chapter 11 bankruptcy protection early Tuesday amid what it called a "devastating" financial fall.
The company said lingering weak energy prices prompted the Chapter 11 filing, and it expects its operations to continue while it is in bankruptcy court.
If the holders do not participate, Goodrich said it is likely to file for Chapter 11 bankruptcy, in which those holders will probably receive nothing.
The biggest U.S. specialty toy retailer plans to emerge from Chapter 11 bankruptcy with many of its about 1,600 stores, employing 64,000 people, remaining open.
The Boy Scouts of America (BSA) has reportedly hired a Washington, D.C.-based law firm to help the organization navigate potential Chapter 11 bankruptcy proceedings.
In 2017, at the Robin Hood investment conference, Weinstein sounded the alarm bells on Parker Drilling, which filed for pre-arranged Chapter 11 in December.
Forever 21 filed for Chapter 11 bankruptcy protection at the end of September and plans to cut up to half of its global store base.
In the book, he does not dwell on his Chapter 11 bankruptcy filing; lawsuits filed against him; or the legal fight with his brother, Kevin.
Forever 21 said it expects to close 350 stores globally, including up to 178 locations in the US, after filing for Chapter 11 bankruptcy protection.
The startup is converting from chapter 11 to chapter 7 bankruptcy, which means it'll cease operations and liquidate, according to documents that Business Insider viewed.
PG&E sought Chapter 11 bankruptcy protection in January after massive wildfires struck Northern California in 2017 and 2018, which were blamed on its equipment.
In total, the debtor-in-possession financing will give Payless up to $120 million in incremental liquidity during the Chapter 11 process, the company said.
After losing money through its mismanagement of two large US nuclear construction projects, Westinghouse was forced seek protection in Chapter 11 bankruptcy in March 2017.
He said the bankruptcy filing was "very surprising," a point echoed by others, who said they had no warning the company was considering Chapter 11.
But Davis said the internal communications show the strategy explicitly contemplated how the private equity firms could emerge winners if Caesars filed for Chapter 11.
Fashion retailer A'gaci released a statement announcing the impending closure of its 54 locations in the US as part of its Chapter 11 bankruptcy filing.
Faraday Future founder Jia Yueting wasn't happy with Krause's proposed solutions, though, one of which included filing for Chapter 11 bankruptcy, according to court documents.
Apollo Global Management and other PE firms meanwhile backed out of a commitment to finance shale driller EP Energy Corp's exit from Chapter 11 bankruptcy.
To raise money for the settlement, Purdue has filed for Chapter 11 bankruptcy and asked that all litigation against it and the Sacklers be halted.
Brookstone filed for Chapter 11 bankruptcy protection on Thursday and said it is shuttering all of its 101 stores in malls across the United States.
Energy Future finally filed for bankruptcy in 2014, and it has spent the last three years searching for a way out of Chapter 11 protection.
Claire's has received a commitment of $135 million in debtor-in-possession financing from Citigroup and expects to complete the Chapter 11 process in September.
The court went out of its way to avoid saying anything definitive about all the other times priority is violated in a Chapter 11 case.
The company filed for Chapter 11 hoping to find a buyer who would continue to operate it as a going concern, but those efforts failed.
There is a real risk that dissenters are getting squeezed out by modern Chapter 11 practice — which is becoming even more transactional and deal-driven.
If Sears does file for Chapter 11, the company could try to stay in business, using the court process to shed debt and unaffordable leases.
The company entered Chapter 11 protection from creditors in January facing thousands of legal claims from at least 22 fires, with victims seeking $36 billion.
The chain said it plans to remain in business, but it filed for Chapter 11 bankruptcy protection to get out of about 13 unfavorable leases.
Last year, Disney put together a bid to buy what was left of the Weinstein Company as it prepared to file for Chapter 11 protection.
RCS Capital listed total assets of $2 billion and debts of $1 billion in its Chapter 11 filing in Delaware, court documents showed on Monday.
The company is involved in Chapter 11 bankruptcy proceedings and a litigation stay is in place for all legal matters, including Noble's case, Sweet wrote.
If Sears (SHLD) does file using Chapter 11, it could try to stay in business, using the court process to shed debt and unaffordable leases.
PG&E sought Chapter 11 bankruptcy protection expecting billions of dollars in liabilities stemming from devastating California wildfires in recent years traced to its equipment.
Toys R Us recently began liquidating its more than 700 stores in the US after efforts to restructure the business through Chapter 11 bankruptcy failed.
Mnuchin left Relativity Media, where he was a co-chairman, two months before the company filed for Chapter 11 bankruptcy in 2015, according to Variety.
The system that Squire described, one in which a company can restructure via Chapter 11 bankruptcy protection, isn't a realistic option for many retailers today.
Remington Outdoor Company Inc: * REMINGTON OUTDOOR COMPANY SUCCESSFULLY EMERGES FROM CHAPTER 11 * REMINGTON OUTDOOR COMPANY INC - EMERGED FROM CHAPTER 11 * REMINGTON OUTDOOR - PLAN PROVIDES A BALANCE SHEET RESTRUCTURING OF COMPANY AND CONVERTS OVER $775 MILLION OF COMPANY'S DEBT INTO EQUITY * REMINGTON OUTDOOR - EMERGED FROM CHAPTER 11 AFTER IMPLEMENTING PLAN OF REORGANIZATION CONFIRMED BY DELAWARE BANKRUPTCY COURT ON MAY 4, 2018 * REMINGTON OUTDOOR - PLAN RECEIVED SUPPORT FROM OVER 97% OF VOTING TERM LOAN LENDERS & ALL OF VOTING THIRD LIEN NOTEHOLDERS * REMINGTON OUTDOOR - PLAN PROVIDES CO WITH A NEW ABL FACILITY OF $193 MILLION, NEW $55 MILLION FIRST-IN, LAST-OUT TERM LOAN AND A NEW $100 MILLION TERM LOAN.
Mattress Firm, which filed for Chapter 11 bankruptcy and announced the closure of 700 stores last year, has showcased Purple Innovation mattresses in its existing sites.
Power provider PG&E filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018.
N said its latest quarter was disappointing as the struggling toy seller charts a path after it filed for chapter 11 bankruptcy protection in September. on.wsj.
The company said the Chapter 11 filing in Wilmington, Delaware would allow Hancock to restructure its balance sheet, cut costs, close underperforming stores and access liquidity.
The Walking Company filed for Chapter 11 bankruptcy protection in March, making it the second time the company did so within the span of a decade.
In August, Peabody said the lenders that provided a bankruptcy loan had approved a five-year business plan to help the company emerge from Chapter 11.
The privately held company went through a Chapter 11 bankruptcy in 2014 but emerged in January 2015 and is currently generating revenue growth, according to PitchBook.
But after years of delays and billions of dollars of cost overruns at V.C. Summer and the Vogtle project in Georgia, Westinghouse filed for Chapter 11.
Once the fastest-growing U.S. renewable energy company, SunEdison filed for Chapter 11 bankruptcy protection in April after a binge of debt-fueled acquisitions proved unsustainable.
At issue for SunEdison, now a year into its Chapter 11 bankruptcy, is an objection by its official committee of unsecured creditors to the planned replacement.
It filed for Chapter 11 in March amid stiff competition from rivals producing power with cheap and abundant natural gas from the boom in hydraulic fracturing.
Alix accused the consulting firm, known for its secrecy, of improperly concealing potential conflicts when it sought bankruptcy court approval to advise companies in Chapter 11.
Oilfield services provider Weatherford International, burdened by a heavy debt load and years of losses, said on Friday it would file for Chapter 11 bankruptcy protection.
Fieldwood will exit bankruptcy with approximately $1.6 billion in debt, after cutting about half of that during the Chapter 11 proceedings that it filed in February.
Murray Energy, the country's largest privately held coal company and third largest U.S. coal producer, announced Tuesday that it has filed for Chapter 11 bankruptcy protection.
It also sold its Interflora U.K. business, which is not part of the Chapter 11 filing, to a subsidiary of The Wonderful Company for $59.5 million.
Experts see the group as likely to push a solution that sees all sides share a burden, a typical approach for companies restructuring under Chapter 11.
According to U.S. bankruptcy court filings, the house was sold for $5.925 million shortly after Berg's Meridian Mortgage Investor Funds went into Chapter 11 bankruptcy protection.
Half of the retailers filing for Chapter 11 this year are owned at least in part by private equity, and the pattern is expected to continue.
T, filed for Chapter 11 bankruptcy protection in the United States on Sunday, facing billions of dollars in liabilities stemming from its defective air bag inflators.
KaloBios Pharmaceuticals Inc, which fired chief executive Shkreli last December following his arrest on charges of securities fraud, filed for Chapter 11 bankruptcy later that month.
Monday was the deadline to submit binding proposals to Seadrill, which has been seeking the best available deal as part of its Chapter 11 bankruptcy procedure.
VidAngel, a streaming service that altered copyrighted works to edit out adult language, nudity and violence, has declared Chapter 11 bankruptcy, the company announced on Wednesday.
Last month I wrote about the unexpected bankruptcy of the small biotech firm Achaogen, which declared Chapter 11 despite having brought out a needed new antibiotic.
In 1992, Macy's filed for Chapter 11 bankruptcy protection, after being weighed down by debt from the leveraged buyout that took it private and acquisition costs.
Peabody Energy, the largest U.S. coal producer, said it may have to seek Chapter 11 bankruptcy protection after it delayed an interest payment due on Tuesday.
U.S. Trade Representative Robert Lighthizer told a U.S. Senate committee he was "troubled" by Chapter 11 but pushed back at suggestions that it should be abolished.
JOHANNESBURG, Oct 5 (Reuters) - Steinhoff's United States unit, Mattress Firm, has filed for voluntary Chapter 11 bankruptcy protection, its South African parent company said on Friday.
Dynegy entered Chapter 11 bankruptcy in 2011, and Vistra itself was spun out of the bankruptcy of Energy Future Holdings, one of the largest in history.
Energy companies such as Samson Resources Corp that filed for bankruptcy in the past year have struggled to exit Chapter 11 due to slumping commodity prices.
Unlike other bankrupt miners including Walter Energy and Patriot Coal, the union-free miner said it has no labor issues that need resolving in Chapter 11.
Unlike a Chapter 7 liquidation, Chapter 11 allows a company to continue operating while it manages its debts and seeks to emerge as a viable corporation.
Most people will focus on the second point of Wednesday's decision, but the first has much more significance in the long run for Chapter 11 practice.
For example, airlines United, Delta, and American all filed for Chapter 11 protection in the mid-2000s and managed to unload enough debt to stay aloft.
The Chapter 11 filing says that Forever 21 employs a total of 32,800 employees — that's about 6,400 full-time workers and around 26,400 part-time workers.
Though Forever 21 just filed for Chapter 11 bankruptcy protection, for a period in post-recession America, the fast-fashion retailer showed no signs of stopping.
Such a situation may be unfolding at Horsehead Holding, a producer of zinc and nickel products in Pittsburgh that filed for Chapter 11 protection in February.
In early 2011, saddled with more than $823 million in debt, the company filed for Chapter 11 bankruptcy protection, even as three locations were being built.
Much of Mattel's 8003 weakness was tied to Toys R Us, the biggest brick-and-mortar toy seller, filing for Chapter 11 bankruptcy protection, Cramer said.
Toys "R" Us had hoped to cut its debts and reorganize as a smaller, more nimble company when it filed a Chapter 11 case last September.
PG&E, the largest utility in California, officially filed for Chapter 11 bankruptcy protection on Tuesday after announcing its intent to do so earlier this month.
As headlines mounted, the company began exploring the possibility of filing for Chapter 11 bankruptcy restructuring, a step that could temporarily insulate it from big judgments.
Sporting goods retailer Modell's Sporting Goods filed for Chapter 11 protection in the U.S. bankruptcy court in New Jersey on Wednesday, citing a challenging retail environment.
Leake and Laukitis said their goal is to keep clients out of formal Chapter 11 proceedings, if it's possible to do so through negotiations and restructurings.
Discount retailer and pharmacy chain Fred's filed for Chapter 11 bankruptcy in September and plans to liquidate and shut all of its more than 500 stores.
New York (CNN Business)Forever 21 has reached a deal to sell off its assets for $81 million, four months after filing for Chapter 11 bankruptcy.
The teen clothing company filed for Chapter 11 bankruptcy protection in mid-May, hoping to reduce its debt and provide additional capital in support of restructuring.
Under the plan, Horsehead will eliminate most of its $427 million in pre-bankruptcy debt and emerge from Chapter 11 under the control of its noteholders.
The hip hop mogul filed for Chapter 11 bankruptcy in 2015, claiming that his liabilities ($32.5 million) outweighed his assets ($24.8 million) by nearly $8 million.
The 63-year old discount shoe retailer filed for Chapter 11 bankruptcy protection on Monday, less than two years after it emerged from its previous bankruptcy.
Just before the column was published, the owner of Dusty Old Cars, the ever-defiant and reliably info-taining Stephan Condodemetraky, filed for Chapter 11 bankruptcy.
On Monday, Pier 1 reported its eighth straight quarter of sales losses, coming off reports that the company is considering filing for Chapter 11 bankruptcy protection.
Two of the state's largest mining companies — Cloud Peak Energy and Blackjewel — filed for Chapter 11 bankruptcy protection within two months of each other this year.
In 2016, Brookfield Business Partners converted debt to a large equity stake in a Texas power producer that emerged from Chapter 11 and became Vistra Energy.
Gymboree said it plans to remain in business but will close 375 to 450 of its 73,281 stores in filing for a Chapter 11 bankruptcy reorganization.
N have filed for Chapter 11 bankruptcy protection, joining several companies that have been unable to meet debt obligations after a steep decline in energy prices.
Rumors of a bankruptcy started on Friday night, when the trucking-industry publication FreightWaves published that the company was slated to file for Chapter 11 protection.
Chief Executive Lisa Stewart in papers filed in U.S. Bankruptcy Court in Houston said the fund aims for a speedy Chapter 11 case with an Oct.
The Memphis-based retailer filed for Chapter 11 bankruptcy on Monday and said liquidation sales will take place at its stores over the next 60 days.
Sports Authority, once the largest sporting goods retailer in the US, filed for Chapter 11 bankruptcy protection in March 2016 and later liquidated all its stores.
Mr. Buffett may be betting that he will succeed because of two factors: Berkshire's sterling reputation and investors' sheer exhaustion from the yearslong Chapter 11 case.
Dean filed for Chapter 11 bankruptcy in November as the business struggled to attract consumers who have instead turned to nondairy milk or private-label products.
Three of America's four big airlines have spent time in Chapter 11 protection from creditors since 2005, while its three biggest telecoms firms invest $45bn a year.
California's largest utility PG&E filed for Chapter 11 bankruptcy protection Tuesday, expecting to face liability costs from its potential role in deadly wildfires across the state.
In Chapter 11, the Office of the U.S. Trustee, which is part of the Justice Department, typically represents the interests of the government in private bankruptcy cases.
The company had said on March 9 that it might seek Chapter 11 bankruptcy protection if oil prices remained low and it failed to refinance its debt.
Under Chapter 11 protection, it is closing unprofitable stores and will try to sell roughly 400 of its better performing stores as it looks to stay alive.
Ahead of the all-important holiday season, Walmart is also one company expected to benefit from Sears Holdings filing for Chapter 11 bankruptcy protection earlier this week.
Under chapter 11 protection it is closing unprofitable stores and will try to sell roughly 400 of its better performing stores as it looks to stay alive.
TOKYO, Feb 24 (Reuters) - Toshiba Corp said on Friday it was not aware that its U.S. nuclear unit Westinghouse was considering filing for Chapter 11 bankruptcy protection.
Westinghouse can now begin negotiating with Toshiba to hammer out details of a plan to bring the company out of Chapter 11 bankruptcy in the coming months.
According to court documents seen by THUMP, Verboten's owners, Jen Schiffer and John Perez, filed for voluntary chapter 11 bankruptcy in Brooklyn Federal Court on Thursday evening.
Peabody's shares, which fell to a record low of $0.55 after its Chapter 11 filing in April, closed at $8.60 in over-the-counter trading on Friday.
People familiar with the matter told the Journal the children's retailer is preparing to file for Chapter 11 bankruptcy for the second time in under two years.
Forever 21 worked with EZ throughout its bankruptcy to develop a debt or equity financing agreement that would help it emerge from Chapter 11, this person said.
Struggling with lower demand amid weak oil and natural gas prices, the Swiss multinational filed for Chapter 11 protection on Monday in U.S. Bankruptcy Court in Houston.
The rating agency's view came the day after Payless ShoeSource filed for Chapter 11 bankruptcy, raising the sector's default rate to 1 percent from zero in March.
After Bebo filed for Chapter 11 bankruptcy protection, the original founders, the Birches, bought it back in 2013 for $1 million with a pledge to reinvent it.
St. Louis-based Peabody will leave bankruptcy amid dramatically improved short-term prospects for its business compared to a year ago, when it sought Chapter 11 protection.
SunEdison, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable.
Amid all these moves, he was also preparing the company for Chapter 11 bankruptcy, an idea that enraged Jia according to multiple former employees at the time.
The asset sales are subject to approval from the U.S. Bankruptcy Court in Wilmington, Delaware, where the Limited Stores LLC, the chain's parent, filed for Chapter 11.
California's biggest utility filed for Chapter 11 bankruptcy protection last month, citing at least $30 billion or more in potential liability from fires in 2017 and 2018.
Brian Gibbons of CreditSights, a debt-research firm, says 26 oil-related bond issuers either filed for Chapter 11 bankruptcy or had distressed-debt exchanges last year.
On Tuesday, San Francisco's largest taxi operator, Yellow Cab Cooperative, is scheduled to have its first bankruptcy hearing after the company filed for Chapter 11 protection Friday.
Regional carrier Republic Airways filed for Chapter 11 bankruptcy protection on Thursday, blaming several quarters of falling revenue after having to ground aircraft amid a pilot shortage.
A Chapter 11 filing could help Toshiba limit damage from losses at Westinghouse, the report by the Japanese business daily said, without citing sources for its information.
The oil and gas producer filed for Chapter 11 protection in March and has an agreement with its senior lenders to eliminate about $1 billion of debt.
Indeed, the year kicked off with a spate of bankruptcies that have put the industry on track for the greatest number of Chapter 11 filings since 2009.
Big-box chain Sports Authority lost its bid to remain in the retail game without a dramatic restructuring as the company filed for Chapter 11 bankruptcy Tuesday.
Jackson is pleased that the Bankruptcy Court approved his plan of reorganization today, less than one year after filing for chapter 11 to reorganize his financial affairs.
At least 15 other U.S. Catholic districts and religious orders have been driven to seek Chapter 11 protection by a sex abuse scandal that erupted in 2002.
Less than 10 days after Wet Seal announced that it would close about two-thirds of its stores, the teen retailer filed for Chapter 11 bankruptcy protection.
Garcia is former chairman of Puerto Rico's Government Development Bank, while Arthur Gonzalez is a former federal bankruptcy judge who oversaw the Chapter 11 case of Chrysler.
Gropper presided over a number of large, messy Chapter 11 cases as a federal judge in New York, including Eastman Kodak Co's $6.75 billion bankruptcy in 2012.
The company repurchased in April $311 million out of $880 million in 12% Senior Secured Notes due in 2025, issued as part of the Chapter 11 plan.
Jumio filed for Chapter 11 protection in March 2016, after restating its financials the prior September, and was bought by the venture capital company Centana Growth Partners.
The rising cost of Chapter 11 also reflects increasingly complicated corporate structures, and the sometimes convoluted financial dealings that a struggling company might undertake to avoid failure.
Just days after Intervention Energy Holdings LLC filed for bankruptcy, noteholders want the Chapter 11 case dismissed because the company did not get their consent as required.
Vitamin World, which filed for Chapter 11 bankruptcy in September, has now canceled an auction for the company which had been scheduled for Tuesday, the people said.
Chapter 11 bankruptcy isn't as extreme as other forms of insolvency: uBiome won't be liquidating as it would if it had declared Chapter 7 bankruptcy, for example.
Total Hockey, a hockey gear retailer that filed for Chapter 11 reorganization in July, also owes Performance Sports affiliates over $14 million, according to its bankruptcy petition.
The proposed fundraising, a rights offering of new shares, is the latest effort to rescue the power producer, which sought Chapter 11 bankruptcy protection earlier this year.
Gymboree Group filed for Chapter 11 bankruptcy protection in January and said it planned to close more than 800 stores under its Gymboree and Crazy 8 banners.
The Chapter 11 filing came as part of a tentative settlement of more than 2,000 lawsuits against the pharmaceutical company for between $10 billion and $12 billion.
The Chapter 11 filing should reduce Gymboree's debts by more than $900 million, the company added, and it will shutter some 375 stores, according to court filings.
One of the latest was Denver-based Emerald Oil, with assets of $405.4 million and debts of $361 million, which filed for Chapter 11 protection this week.
Individual investors contend that the private stock offering is integral to Peabody's broader plan to exit Chapter 11 protection and should not be considered as legally separate.
"If this goes into Chapter 11 and the financial engineering and the rolling over stops, then he's got himself an unbelievable conflict of interest situation," Savoldelli said.
To allow Sports Authority to remain in Chapter 11 and spend money preparing the required bankruptcy exit plan would make creditors worse off, according the unsecured creditors.
Now, Sears is using a Chapter 11 filing in Federal Bankruptcy Court in New York to cut its debts and keep operating at least through the holidays.
In papers in U.S. Bankruptcy Court in Delaware, Acting Chief Executive Curtis Solsvig III said uBiome's goal in Chapter 11 is to close a sale by Nov.
Tribune filed for Chapter 11 bankruptcy protection a year later, during the global financial crisis, after advertising revenue tumbled as more readers began getting their news online.
The company filed for chapter 11 bankruptcy at the end of February in Delaware after being sued by the San Francisco District Attorney for misleading business practices.
The Ponderosa parent company filed for Chapter 11 bankruptcy in 2008, the same year as the company that owns Old Country Buffet (and four other buffet chains).
Forever 21 said it expected to close 350 stores globally, including up to 178 locations in the US, after filing for Chapter 11 bankruptcy protection in September.
Starting in March it shuttered its two factories in Michigan and Georgia, laying off about 250 workers, and in April it filed for Chapter 11 bankruptcy protection.
Sprint itself cited an analyst report in 2019 that said the company "could restructure their balance sheet through a Chapter 11 process," per The Wall Street Journal.
The electronics and appliances retailer announced in early March that it was filing Chapter 11, only days after the company announced the closing of nearly 90 stores.
The discount shoe retailer said Thursday that it has emerged from Chapter 11 bankruptcy protection with 710 stores in operation globally and a new team of executives.
Southeastern Grocers, the Florida-based operator of supermarket chains Winn-Dixie and Bi-Lo, said on Tuesday it filed for Chapter 11 bankruptcy protection to restructure debt.
PG&E's Chapter 11 filing has been called the nation's "first climate change bankruptcy," as The Post's Steven Mufson reported in his profile on the power utility.
This time, the company is seeking an even quicker schedule to exit Chapter 11 and asked for a hearing to confirm its new plan on Aug. 1.
Speaking at a news conference, Tsunakawa sidestepped questions over whether a Chapter 11 filing for Westinghouse was a possibility, saying there were "various options" for the unit.
They were expecting some possible closures in a restructuring after Toys R Us emerged from its Chapter 11 bankruptcy filing last September, but not to this magnitude.
With U.S. firm Westinghouse in Chapter 11 proceedings and France's Areva being restructured, Rosatom's two main competitors are hamstrung by financial difficulties, boosting the Russian firm's chances.
In the 2004 experience, for example, total debt was $1.8 billion, and the Chapter 11 filing was designed to reduce this by about a quarter ($500 million).
Cash injections from Lampert's hedge fund and his heavy ownership of the chain's unsecured debt continues to convince some investors that Sears will avoid filing Chapter 11.
Why then does the Trump administration's NAFTA blueprint give short shrift to one of the original NAFTA agreement's real innovations — investor protection under the agreement's Chapter 11?
Sears' management has reportedly said it hopes to use Chapter 11 of the bankruptcy law to stay in business rather than Chapter 7, which leads to closing.
Last week, Imerys Talc America, a major supplier of talc used by Johnson & Johnson and a defendant in some of the lawsuits, filed for Chapter 11 bankruptcy.
San Francisco-headquartered PG&E filed for Chapter 11 protection in January anticipating $30 billion in liabilities from wildfires in 2017 and 2018 blamed on its equipment.
And before that, in 2015 and 2016, three of Wyoming's biggest coal producers — Peabody Energy, Arch Coal, and Alpha Natural Resources — declared Chapter 11 and underwent restructuring.
FILES VOLUNTARY PETITIONS FOR CHAPTER 11 REORGANIZATION TO FACILITATE FINANCIAL RESTRUCTURING * EXCO INTENDS TO OPERATE IN ORDINARY COURSE OF BUSINESS DURING RESTRUCTURING PROCESS​ * CO, SOME UNITS FILED PETITIONS FOR COURT-SUPERVISED REORGANIZATION UNDER CHAPTER 11 IN U.S. BANKRUPTCY COURT FOR DISTRICT OF TEXAS​ * HAS RECEIVED COMMITMENT OF $250 MILLION IN DIP FINANCING FROM CERTAIN EXISTING LENDERS INCLUDING FAIRFAX FINANCIAL HOLDINGS AND ITS AFFILIATES​ Source text for Eikon: Further company coverage:

No results under this filter, show 831 sentences.

Copyright © 2024 RandomSentenceGen.com All rights reserved.