Reorganizations

Mallinckrodt plunges after report it's mulling bankruptcy amid opioid trial - BioPharma Dive

09/05/19

Mallinckrodt plunges after report it's mulling bankruptcy amid opioid trial  BioPharma Dive

Mallinckrodt's stock dropped 40% Thursday morning, reaching a new all-time low share price after Bloomberg reported the pharma has hired restructuring ...

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PG&E, Insys Bankruptcies Stumble in Bids for Bonuses, Severance - Wall Street Journal

09/05/19

PG&E, Insys Bankruptcies Stumble in Bids for Bonuses, Severance  Wall Street Journal

Bankruptcy judges spurned requests for extra pay at PG&E Corp. and Insys Therapeutics Inc. in recent weeks, reflecting outrage over the damage from wildfires ...

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Planned Restructuring at Thrush Enters Second Phase - AgAir Update

09/05/19

Planned Restructuring at Thrush Enters Second Phase  AgAir Update

(Albany, Georgia) Following an announcement last week that Thrush Aircraft will be bringing in new leadership along with a financial reorganization that will ...

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Sears laying off 250 at headquarters - ABC News

09/05/19

Sears laying off 250 at headquarters  ABC News

Sears has told the state of Illinois it's laying off 250 employees at its corporate headquarters in the Chicago suburb of Hoffman Estates. Sears said in a notice last ...

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Sears reportedly closing more stores as hundreds lose jobs at HQ - CBS News

09/05/19

Sears reportedly closing more stores as hundreds lose jobs at HQ  CBS News

Struggling retailer still shrinking, but the hedge fund that bought it out of bankruptcy won't say how much.

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Sears reportedly closing more stores as hundreds lose jobs at HQ - CBS News

09/05/19

Sears reportedly closing more stores as hundreds lose jobs at HQ  CBS News

Struggling retailer still shrinking, but the hedge fund that bought it out of bankruptcy won't say how much.

[more]

Offshore Helo Services Company PHI Exits Bankruptcy | Business Aviation News - Aviation International News

09/05/19

Offshore Helo Services Company PHI Exits Bankruptcy | Business Aviation News  Aviation International News

The Louisiana-based helicopter services company emerges from Chapter 11 bankruptcy with new equity capital, $225 million loan.

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Five Months After FBI Raid, uBiome Files for Bankruptcy - BioSpace

09/05/19

Five Months After FBI Raid, uBiome Files for Bankruptcy  BioSpace

Late Wednesday, the company said it is looking to facilitate the sale of its business products in development, as well as its technology.

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Chapter 22 Is Not Necessarily a Bad Thing - Article - ABL Advisor

09/05/19

Chapter 22 Is Not Necessarily a Bad Thing - Article  ABL Advisor

The feasibility requirement in the U.S. Bankruptcy Code requires a finding from the Bankruptcy Court that “confirmation of a plan is not likely to be followed by the ...

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