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Rite Aid's exit from bankruptcy hinges on CEO's $20 million payout
Fortune· 2 hours agoThe pharmacy chain in April put off a key court hearing in order to complete a deal that would cut $2 billion in debt, resolve lawsuits related to opioid prescriptions and ...
Timeline: Legal fallout from Alex Jones' false claims that Sandy Hook massacre was a hoax
Austin American-Statesman via Yahoo News· 5 hours agoSpeech Systems, Jones' main company, asked for Chapter 11 bankruptcy protections, which would allow...
CalAmp Files Bankruptcy to Complete Debt Restructuring
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- CalAmp Corp., which develops software designed to track vehicles and improve company...
Only One Man Can Save Red Lobster From Bankruptcy
Jezebel· 1 day agoIn May, Red Lobster announced it filed for Chapter 11 bankruptcy citing an accumulated $1 billion in debt and less ...
Essential healthcare company files for Chapter 11 bankruptcy
TheStreet.com· 3 days agoThe company enters the bankruptcy process with the support of key creditors, but its survival is not guaranteed. In some cases, you can blame the lingering impact of the covid ...
Judge sets hospital auction dates as Steward scrambles to find cash
WBUR Boston· 3 days agoA federal judge Monday ordered Steward Health Care to sell its Massachusetts hospitals at auction by...
Experts say Red Lobster's shrimp excuse is 'smoke screen' for real problems
FOX Business· 7 hours agoThe company could lose 135 more eateries if it's unable to renegotiate its leases, the New York Post...
WeWork secures final court approval for restructuring in Chapter 11 bankruptcy - Silicon Valley...
The Business Journals· 7 days agoNew York-based coworking company WeWork Inc. (NYSE: WE) is in the final stages of restructuring its...
Yellow Corp. Could Launch REIT for Unsold Terminals
Sourcing Journal via Yahoo Finance· 23 hours agoThe committee’s attorney, Meredith Lahaie, argued that Yellow’s bankruptcy was costing about $20 million a month, saying that Yellow...21 filing shows...
Flavor Flav is doing everything he can to save Red Lobster
Salon.com· 1 hour agoFlavor Flav has made it clear that he won’t let Red Lobster perish under his watch. On Monday, the...