Bankruptcy

Oil and gas producer Whiting Petroleum has filed for bankruptcy reorganization in which the company is essentially exchanging debt for new stock and new owners.
Paul Ausick
Investment management giant Apollo reportedly wants to pull out of its deal to backstop a refinancing of EP Energy, an oil and gas producer that filed for bankruptcy last October.
Paul Ausick
Canadian cannabis grower CannTrust's headwinds include possible delisting from the New York Stock Exchange, overdue financial reports, a class-action lawsuit, black market competition and more.
Paul Ausick
If bondholders could get much more than $200 million for McClatchy papers, would they take it? There is a chance the properties are worth much more than that.
Douglas A. McIntyre
That Pier 1 Imports has filed for bankruptcy protection and put the company up for sale. How likely is the company to find a buyer?
Paul Ausick
Power company PG&E reported fourth-quarter and full-year results before markets opened Tuesday. The massive losses are less important than new threats to the bankruptcy settlement.
Paul Ausick
Beleaguered utility PG&E has reached agreement with a group of bondholders that would allow the company's bankruptcy reorganization plan to proceed. California Governor Gavin Newsom remains as...
Paul Ausick
Advance Auto Parts on Monday paid $200 million to Eddie Lampert's holding company for the rights to the DieHard brand.
Paul Ausick
New research shows American retailers closed more than 9,300 stores in the first 50 weeks of the year. There is no sign that the pace will slow.
Douglas A. McIntyre
Bankruptcy Judge Dennis Montali has approved PG&E's plan to compensate 2017 and 2018 wildfire victims and insurers.
Paul Ausick
PG&E has filed an amended restructuring agreement with the federal bankruptcy court that strips California Governor Gavin Newsome of his authority to terminate the $13.5 billion agreement the...
Paul Ausick
One of PG&E's major bondholders, Elliott Management, on Thursday issued a response to the company's plan announced last week to compensate wildfire victims.
Paul Ausick
California utility company PG&E on Friday announced a settlement valued at $13.5 billion with victims of 2017 and 2018 wildfires. That amount matches a competing plan from bondholders led by...
Paul Ausick
Dairy products producer Dean Foods filed for Chapter 11 bankruptcy protection Tuesday while it negotiates a possible sale to the nation's largest dairy cooperative.
Paul Ausick
A group of PG&E bondholders and wildfire victims won approval for consideration of a reorganization plan of the company that would leave shareholders mostly empty-handed.
Paul Ausick