Reuters: Chesapeake Energy braces for possible bankruptcy

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. (CNN) – In addition to the coronavirus pandemic, the oil crash could be catastrophic for over-indebted shale oil companies. the oil …

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JC Penney considers exit from bankruptcy

NEW YORK – JC Penney believes he will step out of bankruptcy protection before Christmas under a new property deal that would save tens of thousands of jobs. The besieged century-old retailer said on Wednesday it had filed a proposed asset purchase agreement with the two largest mall owners in …

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Why Mitch McConnell’s idea of ​​state bankruptcy is so stupid

Mitch McConnell. Photo: Saul Loeb / AFP via Getty Images In an interview with Tory radio host Hugh Hewitt on Wednesday, Senate Majority Leader Mitch McConnell rejected calls for federal aid to states, asserting that states’ financial problems are closely linked to reckless decisions about public employee pension benefits and …

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Xscape Theaters Howell 14 goes bankrupt

The past 12 months have been tough for Jersey Shore businesses, especially those in the entertainment industry. After a year of limited capacity, one of Jersey Shore’s largest theaters has closed. Listen to JB afternoon on 92.7 WOBM and download our free 92.7 WOBM app. If you hear of any …

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Rocket confirmations gain ground – Lexology

Rocket confirmations gain ground – Lexology

In the early evening of February 23, 2021, Belk Inc. and its affiliates (collectively, “Belk”) filed their Chapter 11 bankruptcy claims with the South Texas District Bankruptcy Court. Less than seventeen hours later, Judge Marvin Isgur confirmed the reorganization plan prepared by Belk. Belk is not the first Chapter 11 …

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Guitar Center Files Chapter 11 to reduce the debt load

Guitar Center, the country’s largest musical instrument retailer, has filed for bankruptcy to reduce its $ 1.3 billion debt amid a liquidity crunch caused by the coronavirus pandemic. The Chapter 11 filing is the “next step” in implementing a restructuring agreement with creditors that will reduce Guitar Center’s debt by …

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Are Tangier factory centers a buy?

The last year has been terrible for the retail industry, at least for brick and mortar stores. Right in the middle of the storm were mall owners like Tangier factory centers (NYSE: SKT). That said, you can’t lump all the Shopping Mall Real Estate Investment Trusts (REITs) into one stack …

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Form 8-K SAUL CENTERS, INC. For: March 11

Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. EXHIBITION INDEX Exposure The description No. 99.1 Press Release, dated March 11, 2021, from Saul Centers, Inc. Section 2: EX-99.1 (EX-99.1) On March 11, 2021, Saul Centers, Inc. (the “Company”, NYSE: BFS) declared a quarterly dividend of $ …

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At the request of NanoMech, its bankruptcy was rejected

A judge has dismissed the bankruptcy of Springdale-based NanoMech at the company’s request. In an order issued Tuesday, Judge John Dorsey of the Delaware District Bankruptcy Court granted the termination, noting that it was in the best interests of the debtor, the estate and those involved. The order also dismisses …

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Latin America catches global spotlight for airline bankruptcies

SAO PAULO (Reuters) – LATAM Airlines and Avianca Holdings AVT_p.CN survived the Great Depression, but just a few weeks of quarantine forced the two companies into bankruptcy, making Latin America the world’s number one spot in airline financial ruin. A Latam Airlines plane is seen at Guarulhos International Airport amid …

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Norwegian abandons long haul as he fights for survival

Norwegian Air Shuttle will abandon its attempt to break into the long-haul air transport market as the low-cost carrier planned to exit bankruptcy protection, but wiping out existing shareholders, drastically reducing debt and raising new ones. capital. The low-cost airline will focus on short-haul flights in Europe after concluding that …

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Travelport wants to prevent lenders from taking over the business

Travelport Worldwide Ltd. asks court to prevent lenders from foreclosing money or taking control of the business over dispute with Elliott Management Corp., warning of possible bankruptcy if they are not restrained by an injunction . The Elliott-backed reservation platform filed documents in New York state court on Monday seeking …

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Neiman Marcus files for bankruptcy

It became such an institution that in 1983 Frederick Wiseman made a documentary about it titled, simply, “The shop. At that point, it was in the midst of a nationwide expansion that culminated in a public offering in 1999 by Harcourt General, the book publisher and then store owner. Six …

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It’s time to say goodbye because Hertz Stock is not a good buy

The dream of multi-bagger returns just won’t die, will it? While some loyal (or perhaps stubborn) traders continue to invest in Hertz Global (OTCMKTS:HTZGQ), it is becoming increasingly evident that Hertz stocks may never recover. Source: lumen-digital / Shutterstock.com I can’t blame anyone for wanting to keep the dream alive. …

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Exploring WWE’s Rise to Wrestling Dominance

History is written by the winners, according to the old cliché. But when it comes to the story of the fight, the narrative you hear depends on who you ask. Tim Hornbaker’s Death of the territories: expansion, betrayal and war that changed professional wrestling forever, published in 2018 by ECW …

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