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Another essential pharmacy chain files Chapter 11 bankruptcy
TheStreet.com· 11 hours agoIllinois-based pharmacy chain has filed for Chapter 11 bankruptcy seeking a debt-for-equity exchange with its prepetition lenders. An ...
Business Restructuring Review Vol. 23 No. 3 | May-June 2024 | JD Supra
JD Supra· 5 days agoD. Del. Feb. 2, 2024), the U.S. Bankruptcy Court for the District of Delaware ruled that, in accordance with Third Circuit precedent, ...
Struggling healthcare company files Chapter 7 bankruptcy
TheStreet.com· 17 hours agoThe company, once valued in the billions during the pandemic, suddenly stopped operations and laid off all its workers. During the early days of the Covid pandemic, it seemed like Americans ...
SDNY Adopts Guidelines for Combined Hearing on Disclosure Statement Approval and Chapter 11 Plan...
JD Supra· 5 days agoOn May 31, 2024, the chief judge of the U.S. Bankruptcy Court for the Southern District of New York (SDNY) entered General Order M-634, adopting guidelines ...
Yellow Corp. Could Launch REIT for Unsold Terminals
Sourcing Journal via Yahoo Finance· 6 days agoYellow Corp. will have another 90 days to file a proposal for the liquidation of its estate, a Delaware bankruptcy court ruled Monday ...
WHP Gets Court Nod to Acquire Express Inc.
Sourcing Journal via Yahoo Finance· 5 days agoThe closing of the transaction is expected in a few weeks. Express filed its Chapter 11 petition in a Delaware bankruptcy< ...
Are Bankruptcy Avoidance Actions Becoming a Marketable Asset Class? | New York Law Journal
Law.com· 4 days agoIn many bankruptcy cases, courts permit debtors in possession and trustees to “sell” avoidance...
These Red Lobster locations targeted for closure: Full list
Eyewitness News Memphis· 5 days agoAfter Red Lobster abruptly closed dozens of locations and filed for bankruptcy last month, even more...
Rubio's Coastal Grill employees can't cash final paycheck after closures
CBS News· 4 days agoPopular restaurant chain Rubio's Coastal Grill announced it was shuttering dozens of locations...
Rubio's files for bankruptcy days after closing more than a dozen restaurants in San Diego
U-T San Diego· 6 days agoThe company, however, stressed that the existing 86 Rubio’s locations — most of them in California —...