When you take a vacation, lots of things can go wrong that create major problems. Anyone who travels, for example, has waited in a long rental car line even when they had a reservation. Some of us ...
When a company enters Chapter 11 bankruptcy, it often shares a plan. That plan represents what the company hopes will happen. In some cases, that proposal contains information about potential funding ...
FORT WORTH, Texas — This article was originally published by our content partners at the Dallas Business Journal. You can read the original article here. A decades-old homebuilder active in ...
A bankruptcy judge in New York said Oi S.A. can’t withdraw from the chapter 15 proceeding that recognized its Brazilian bankruptcy in the U.S., upending the Brazilian telecommunications company’s plan ...
BUFFALO, N.Y. (WIVB) — The Diocese of Buffalo has filed a Chapter 11 reorganization plan after it agreed to pay $150 million to settle a lawsuit alleging over 800 claims of sexual assault. Included in ...
The large supplier is also behind Michelin-branded wipers, Philips-branded bulbs. According to a statement released on September 29, U.S. auto parts supplier First Brands has filed for Chapter 11 ...
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Wolfspeed shares surged 33 per cent on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load. The move has restored investor confidence in ...
The company’s portfolio includes brake solutions, filtration products, and replacement brake components, among others. Credit: Palplaner/Shutterstock.com. US auto parts manufacturer First Brands Group ...
Sept 29 (Reuters) - Chipmaker Wolfspeed (WOLF.N), opens new tab said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense ...
Wolfspeed Inc (NYSE: WOLF) shares are surging Monday afternoon after the company announced a reorganization plan, with shareholders receiving substituted new common stock. The stock surged as much as ...
CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy due to issues related to its recent litigation in the U.S. District Court for the Southern District of New York, the company said ...