WB Fight Led Production Co. Behind 'The Matrix' To Ch. 11
Village Roadshow Entertainment Group, a funding and production company behind blockbusters like "The Matrix" and "The Great Gatsby," filed for bankruptcy last week after a soured partnership with Warner Bros. and an attempt to open its own studio fell flat.
Purdue Files New Plan, Forever 21 Hits Ch. 11 For 2nd Time
Purdue Pharma proposed a new bankruptcy plan, under which the Sackler family and the company would pay a total of $7.4 billion to settle opioid-related claims. Meanwhile, Forever 21's U.S. arm filed for Chapter 11 protection in Delaware, securing court approval to close more than 300 stores and planning to exit bankruptcy by June. Plus, a Texas bankruptcy judge rejected an $8 million bid to purchase right-wing conspiracy theory peddler Alex Jones' Infowars, shutting down a request to reopen the asset sale process.
HVAC Giant Air Pros Says It Grew Too Fast Before Ch. 11
Florida-based HVAC service provider AFH Air Pros LLC went on a nationwide acquisition spree between 2020 and 2022, only to land in bankruptcy court earlier this month to try to sell those same companies it purchased and clear its debt, court documents showed.
WB Fight Led Production Co. Behind 'The Matrix' To Ch. 11
Village Roadshow Entertainment Group, a funding and production company behind blockbusters like "The Matrix" and "The Great Gatsby," filed for bankruptcy last week after a soured partnership with Warner Bros. and an attempt to open its own studio fell flat.
Purdue Files New Plan, Forever 21 Hits Ch. 11 For 2nd Time
Purdue Pharma proposed a new bankruptcy plan, under which the Sackler family and the company would pay a total of $7.4 billion to settle opioid-related claims. Meanwhile, Forever 21's U.S. arm filed for Chapter 11 protection in Delaware, securing court approval to close more than 300 stores and planning to exit bankruptcy by June. Plus, a Texas bankruptcy judge rejected an $8 million bid to purchase right-wing conspiracy theory peddler Alex Jones' Infowars, shutting down a request to reopen the asset sale process.
HVAC Giant Air Pros Says It Grew Too Fast Before Ch. 11
Florida-based HVAC service provider AFH Air Pros LLC went on a nationwide acquisition spree between 2020 and 2022, only to land in bankruptcy court earlier this month to try to sell those same companies it purchased and clear its debt, court documents showed.
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Large Cap More
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Mid Cap More
A pension fund heading up a class action against skin care technology group Cutera has urged a Texas bankruptcy court to find the shareholder has authority to opt all class members out of the company's Chapter 11 plan.
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The owner and operator of a hotel in Southern California received a Delaware bankruptcy court's permission for a week of Chapter 11 financing after the judge said he would not approve MOM CA Investco LLC's ini... (more story)
Fintech company Spark Technology A/S on Monday hit bankruptcy in the Bankruptcy Division of the Danish Maritime and Commercial Court after several months of being in hot water with the Danish Business Authority.
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Plastic alternative maker Danimer Scientific received interim approval Friday for $1 million in Chapter 11 financing, telling a Delaware bankruptcy judge that it is trying to find a buyer for its manufacturing facilities.