WILMINGTON, Del. (Reuters) - Sears has survived the Great Depression and world wars. Whether the 126-year-old retailer stays afloat or goes out of business now hinges in part on paying for the ...
First Brands enters bankruptcy protection after lenders raised red flags over the company’s billions of dollars of off-balance-sheet debt.
Billions in missing funds and revelations of opaque financing spark federal probe and heighten concerns among creditors.
Retail bondholders in the bankruptcy of a Texas-based metals recycler say they've been unfairly shut out of the restructuring process. A bankruptcy financing maneuver common in the high-yield ...
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