Hedge Funds

Visa profit surges; Capital One earnings, revenue rise

07/21/17

Payments company rises as hot premium cards fly under its banner; despite the improvements, analysts have concerns about growing credit quality issues.

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OnDeck Capital's Chairman survives challenge from activist shareholder

05/10/17

Noah Breslow, who drew opposition from a hedge fund that wants the online small-business lender to pursue a new course, won 84% of the vote Tuesday.

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Bankruptcy Fight May Lift the Veil on Lynn Tilton’s Empire

11/24/15
New York financier Lynn Tilton arrives for an appeal hearing at the U.S.
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Creditors Squeeze the Last Drop Out of Oil-and-Gas Companies

08/28/15
Bloomberg

Cash-starved oil-and-gas companies are getting a lot of mileage out of their assets these days.

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Anchorage Group to Lead Bidding on Relativity Media at Bankruptcy Auction

07/30/15

Several of Relativity Media LLC’s largest creditors have joined together in a stalking horse bid for the Hollywood studio that would see the exit of its founder and chief executive, said people familiar with the matter.

Anchorage Capital Group LLC, Luxor Capital Group LP and Falcon Investment Advisors LLC are all part of an offer that will set the minimum floor as bidding for the studio, which on Thursday filed for chapter 11 bankruptcy, begins soon.

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RadioShack Looks to Unload Defense Mobile Phones

04/10/15
Tony Gutierrez/Associated Press

RadioShack is going back to basi

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Former Weil Litigator Nominated as Caesars Bankruptcy Examiner

03/24/15
Associated Press

A former Weil, Gotshal & Manges LLP litigator has emerged as a potential player in the drama surrounding the bankruptcy of Caesars Entertainment Corp.

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The Daily Docket: Lehman Brothers Raises Cash Estimate for Creditors to $90.6 Billion

02/03/15

The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s investment-banking operation, The Wall Street Journal reports.

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The Daily Docket: Caesars Restructuring Hits a Snag

01/20/15

Caesars Entertainment Corp . may have violated federal law when it shuffled its casino assets, said a federal judge in a ruling that could complicate the casino company’s efforts to unload $18.4 billion in debts in a bankruptcy restructuring of its largest unit, The Wall Street Journal reports.

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The Daily Docket: Teen Retailer Wet Seal Files for Bankruptcy

01/16/15

Teen retailer Wet Seal Inc. filed for Chapter 11 bankruptcy protection early Friday morning, hoping to salvage some of its stores using a financing offer from B. Riley Co. LLC, The Wall Street Journal reports. The filing followed warnings that Wet Seal was running out of cash even after shutting down 338 stores.

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