Professional Services Intelligence
Insolvency & Bankruptcy
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WeWork emerges from bankruptcy with $450M in new financing
Co-working giant WeWork exits Chapter 11 bankruptcy after restructuring $4B in debt and securing fresh capital from lenders.
Read full articleRite Aid to close 200 more stores in bankruptcy restructuring
Pharmacy chain Rite Aid announces additional store closures as part of ongoing Chapter 11 proceedings to reduce debt burden.
Read full articleUK insolvencies hit 30-year high as businesses struggle with rates
Corporate insolvencies in the UK reach highest level since 1993, with 6,208 companies entering insolvency in Q2 2024.
Read full articleYellow Corp creditors fight over $1.2B in bankruptcy assets
Trucking company Yellow's creditors clash in court over distribution of remaining assets following 2023 collapse.
Read full articleEU proposes unified bankruptcy rules for cross-border cases
European Commission unveils new framework to streamline insolvency proceedings across member states by 2025.
Read full articleBed Bath & Beyond brand sold to Overstock.com for $21.5M
Overstock acquires intellectual property of bankrupt retailer Bed Bath & Beyond to relaunch as online-only brand.
Read full articleChapter 11 filings surge 16% in first half of 2024
US bankruptcy filings jump to 3,100 in H1 2024, driven by high interest rates and tighter credit conditions.
Read full articleSVB Financial gets court approval for $2.9B asset sale plan
Silicon Valley Bank's parent company receives bankruptcy court approval to sell loan portfolio to multiple buyers.
Read full articleWeWork emerges from bankruptcy with $450M in new financing
Co-working giant WeWork exits Chapter 11 bankruptcy after restructuring $4B in debt and securing fresh capital from lenders.
Read full articleRite Aid to close 200 more stores in bankruptcy restructuring
Pharmacy chain Rite Aid announces additional store closures as part of ongoing Chapter 11 proceedings to reduce debt burden.
Read full articleUK insolvencies hit 30-year high as businesses struggle with rates
Corporate insolvencies in the UK reach highest level since 1993, with 6,208 companies entering insolvency in Q2 2024.
Read full articleYellow Corp creditors fight over $1.2B in bankruptcy assets
Trucking company Yellow's creditors clash in court over distribution of remaining assets following 2023 collapse.
Read full articleEU proposes unified bankruptcy rules for cross-border cases
European Commission unveils new framework to streamline insolvency proceedings across member states by 2025.
Read full articleBed Bath & Beyond brand sold to Overstock.com for $21.5M
Overstock acquires intellectual property of bankrupt retailer Bed Bath & Beyond to relaunch as online-only brand.
Read full articleChapter 11 filings surge 16% in first half of 2024
US bankruptcy filings jump to 3,100 in H1 2024, driven by high interest rates and tighter credit conditions.
Read full articleSVB Financial gets court approval for $2.9B asset sale plan
Silicon Valley Bank's parent company receives bankruptcy court approval to sell loan portfolio to multiple buyers.
Read full articleStay ahead of Insolvency & Bankruptcy in 3 minutes a day.
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