[ad_1] Jan. 4, 2024 9:29 pm ET|WSJ Pro The slot machine operator formerly known as Lucky Bucks is suing members of its former management and their affiliates, seeking the return…
Tag: Bankruptcy Reorganization
SAS Misses Market Views on Higher Costs; Expects Chapter 11 Plan Approval Early 2024
[ad_1] SAS said its net loss widened in its fiscal fourth quarter, missing market views, amid a weak Swedish krona and increasing jet-fuel prices. The Scandinavian airline on Thursday reported…
Supreme Court to Hear Insurer’s Challenge to Kaiser Gypsum Bankruptcy Plan
[ad_1] Oct. 13, 2023 5:54 pm ET|WSJ Pro The U.S. Supreme Court agreed to hear a case in which an insurance company is challenging a bankruptcy reorganization plan that it…
Scandinavian Airline SAS Gets Rescue Deal From Castlelake-Led Investor Group
[ad_1] SAS is set to be taken over by an investor group led by Castlelake, which plans to pump over $1 billion into the struggling airline, averting the threat of…
WSJ News Exclusive | Bankrupt Drugmaker Mallinckrodt Considers Sale of Opioid Business
[ad_1] Bankrupt Drugmaker Mallinckrodt Considers Sale of Opioid … The Wall Street Journal [ad_2] Source link
WSJ News Exclusive | Puerto Rico Utility Bondholders Split on Way to Bankruptcy Exit
[ad_1] A group of bond investors are expected to back a new restructuring plan for Puerto Rico’s power utility but would have to contend with other creditors that want to…
Apollo-Led Lenders Sell Yellow Loan to Citadel
[ad_1] The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. [ad_2] Source link
WeWork Taps Directors With Bankruptcy Chops After Board Resignations
[ad_1] WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of disagreements about the company’s…