Bankruptcy
J.C. Penney is on route to another Chapter 11, unless holiday sales are strong and sales remain strong into 2021.
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AMC has filed to sell up to 20 million common shares to raise more capital.
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Hertz Global stock more than doubled on Friday after it was announced that the company had arranged a new $1.65 billion debt package.
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Oil and gas producer Oasis Petroleum filed a prepackaged bankruptcy plan Wednesday morning that the company expects to be accepted by November.
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2020 is on track to see the highest number of retail bankruptcies and the highest number of store closures ever.
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Independent oil and gas producer U.S. Energy has acquired the producing assets of bankrupt FieldPoint Energy for $500,000.
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Shopping mall owner Brookfield Property is firing about 20% of its 22,000 employees as the firm tries to align itself with the future of mall ownership.
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Gym chain New York Sports Clubs has filed for bankruptcy, a sign of the toll the pandemic has taken on the business.
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Oil and gas producer Whiting emerged from a prepackaged bankruptcy on Wednesday. New shares opened at around $15 a share.
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Like many retailers, J.Jill has been brutalized by the COVID-19 crisis and has drawn down on its credit facilities to stay afloat. An update of its financial situation to investors suggests that...
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Lord & Taylor is the latest proof that no matter how long it has been part of the consumer department store landscape, a visible and respected brand cannot offset a sharp drop in sales and a crippled...
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Oil and gas producer Chaparral Energy filed for bankruptcy protection on Sunday. It's one of more than 30 exploration and production companies to do that this year. It's not a sure thing that...
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As bidders vie to buy the J.C. Penney retail operations, and perhaps its real estate, one of its attorneys said the company is "in the red zone."
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Lord & Tayor and Tailored Brands just filed for bankruptcy, adding two to the number of traditional retailers that could not make it financially this year.
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Offshore driller Noble Corp. has filed for Chapter 11 bankruptcy protection.
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