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Moody's highlights low recoveries in energy credit catastrophe
7 years ago
Recovery rates for lenders to oil and gas companies were “catastrophic” in 2015, according to a report published yesterday by Moody’s. -
Norske Skog auction gets underway as Portel puts CDS in the spotlight
7 years ago
As Norske Skog goes to settlement auction, Portel files for bankruptcy on maturity day -
CLOs set to be poisoned as Peabody's canary goes belly up
8 years ago
In this metaphor, the canary is Peabody's 2022 second lien loan. -
Bond investors face near total wipe-out after Phones4U calls receivers
9 years ago
Bond investors face severe losses on bonds issued by UK phone retailer Phones4U after the company announced this morning that it is going into administration -
Glass-maker ruling shatters hopes for high recoveries
11 years ago
Distressed investors in Mexican glassmaker Vitro have been hit by a US court’s rejection of a debt friendly bankruptcy filing -
Casino operator files for chapter 11
14 years ago
Casino operator Majestic Star Casino filed for chapter 11 bankruptcy yesterday at the US bankruptcy court for the district of Delaware. -
Simmons bedmaker files for prepackaged chapter 11
14 years ago
Simmons Bedding filed for a prepackaged chapter 11 at the US bankruptcy court for the district of Delaware yesterday. -
Homebuilder files bankruptcy with $370 million of debt
14 years ago
Michigan-based homebuilder Champion Enterprises filed for chapter 11 bankruptcy on 15 November at the US bankruptcy court for the distrit of Delaware. -
Icelandic biotech firm files for chapter 11 with asset sale
14 years ago
Iceland-based biotechnology company deCODE Genetics filed for chapter 11 bankruptcy at the district of Delaware yesterday. -
US homebuilder ruling spooks distressed credit investors
14 years ago
A legal battle is currently ongoing at the US bankruptcy court for the southern district of Florida. -
US broadcasting company warns of bankruptcy
14 years ago
In its most recent SEC filing, Citadel Broadcasting reported that there is a possibility of it filing for chapter 11 bankruptcy. -
Indebted construction company files prepackaged chapter 11
14 years ago
Construction company Nortek Inc, the operating subsidiary of Nortek Holdings, filed for a prepackaged chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware today. -
Canwest files for creditor protection after long battle
14 years ago
Canwest Media, the parent company to the National Post in Canada, announced today that it obtained an order for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) from the Ontario Superio Court of Justice to launch a pre-packaged financial restructuring. -
CLOs face hit as media company files for bankruptcy
14 years ago
Questex Media, a provider of business-to-business media services, filed for chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware on Monday. -
Insolvency - Australia: no time to waste
14 years ago
Australian directors who don’t act quickly can find themselves liable for some of their company’s debt -
US bedding company to file for chapter 11
14 years ago
Simmons Bedding will be filing for chapter 11 bankruptcy.
16 results found Showing page 1 of 1
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