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Rite Aid CEO’s $20 Million Pay Spurs Bankruptcy Lender Backlash
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief...
CalAmp Files Bankruptcy to Complete Debt Restructuring
Bloomberg via Yahoo Finance· 2 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· 9 hours agoIn May, Red Lobster announced it filed for Chapter 11 bankruptcy citing an accumulated $1 billion in debt and less ...
Yellow Corp. Could Launch REIT for Unsold Terminals
Sourcing Journal via Yahoo Finance· 8 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...
Essential healthcare company files for Chapter 11 bankruptcy
TheStreet.com· 2 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 ...
WeWork secures final court approval for restructuring in Chapter 11 bankruptcy - Silicon Valley...
The Business Journals· 6 days agoNew York-based coworking company WeWork Inc. (NYSE: WE) is in the final stages of restructuring its...
Why jewelry has been an issue in Shilo Sanders' bankruptcy case: `Don’t wear it'
USA Today· 3 days ago“He needs to be laying low because that (bling) is going to raise questions,” said Nicole Stanton, a...
Judge Extends Infowars’ Lifespan After Alex Jones’ Livestreamed Meltdown
The Daily Beast via Yahoo News· 2 days agoThe judge overseeing Alex Jones’ bankruptcy case threw him a lifeline on Monday, saying he could...
Sandy Hook victims want Alex Jones’ businesses liquidated to pay damages
New York Daily News· 2 days agoLawyers for some of the victims’ families filed an emergency motion Sunday in Texas Houston arguing...
Fifth Circuit: Preference Claims Are Property of the Bankruptcy Estate that Can Be Sold | JD Supra
JD Supra· 6 days agoA debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter
