According to documents filed over the past few days, as part of bankruptcy proceedings ... bank priority on Diamond's assets if the Chapter 11 process is unsuccessful, though they state that ...
On January 12th, news broke that one of its tenants, Prospect Medical, filed for bankruptcy protection ... It also wants to use the Chapter 11 process in order to complete the sale of Prospect ...
today issued the below statement in response to Prospect Medical Group’s ("Prospect") decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.
The move came as Spirit looks to emerge from Chapter 11 bankruptcy, which it filed for in November 2024 ... President and CEO Ted Christie said he was optimistic about the restructuring process. "We ...
Baha Mar’s contractor yesterday slammed the bid by Sarkis Izmirlian to wind-up its two Nassau hotels as “meritless” while ...
Joann, a fabric and crafts retailer with over 800 stores, has filed for Chapter 11 bankruptcy protection for the second time within a year.
The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...