Puerto Rico’s finance arm hired restructuring lawyers at Cleary Gottlieb Steen & Hamilton LLP, as the troubled island battles a weak economy and perpetual budget deficits, the Wall Street Journal reports.
Puerto Rico’s finance arm hired restructuring lawyers at Cleary Gottlieb Steen & Hamilton LLP, as the troubled island battles a weak economy and perpetual budget deficits, the Wall Street Journal reports.
The city’s emergency manager said in federal court Thursday that he is hoping to usher Detroit out of municipal bankruptcy by mid-October, the Wall Street Journal reports.
The city’s emergency manager said in federal court Thursday that he is hoping to usher Detroit out of municipal bankruptcy by mid-October, the Wall Street Journal reports.
Defunct automotive parts manufacturer Budd Co. has filed for Chapter 11 bankruptcy protection with $400 million contributed by parent ThyssenKrupp North America to fund continued retiree benefit payments until those obligations can be resolved in court. Read the Daily Bankruptcy Review article here.
Defunct automotive parts manufacturer Budd Co. has filed for Chapter 11 bankruptcy protection with $400 million contributed by parent ThyssenKrupp North America to fund continued retiree benefit payments until those obligations can be resolved in court. Read the Daily Bankruptcy Review article here.
Select Staffing, which provides temporary staffing services in a variety of industries, filed for Chapter 11 bankruptcy Tuesday after reaching a restructuring deal with its lenders. Read the Daily Bankruptcy Review article here.
Select Staffing, which provides temporary staffing services in a variety of industries, filed for Chapter 11 bankruptcy Tuesday after reaching a restructuring deal with its lenders. Read the Daily Bankruptcy Review article here.
