Search results for: “Chapter 11”
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Global Economic Shifts: Recession, Restructuring, and Rising Corporate Takeovers
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The first quarter of 2024 has been marked by significant developments in the global economic landscape, influenced by…
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BowFlex to sell assets to Johnson Health Tech in bankruptcy auction
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BowFlex Inc., a leading home fitness company, has agreed to sell most of its assets to Johnson Health…
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Hornblower Group to sell or shut down its overnight cruising business
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Hornblower Group, a leading provider of land- and water-based experiences, has announced a major restructuring deal that will…
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Celsius Network emerges from bankruptcy, creates new Bitcoin mining company
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Celsius Network, a cryptocurrency lending platform, has successfully emerged from bankruptcy after completing its plan of reorganization. The…
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THG Plc agrees to acquire Biossance for a maximum $20 million
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LONDON, UK: THG Plc has agreed to acquire prestige skincare brand Biossance for a maximum consideration of $20…
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Rite Aid files for bankruptcy, plans to close stores and restructure debt
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Rite Aid, the struggling drugstore chain, has filed for Chapter 11 bankruptcy protection and announced a plan to…
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Amyris files for bankruptcy, plans to sell consumer brands
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Amyris, a biotech firm that produces sustainable ingredients for various industries, has filed for Chapter 11 bankruptcy protection…
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COSOL acquires AssetOn Group to boost its asset management software and services
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SYDNEY, AUSTRALIA: COSOL Limited (COSOL, ASX: COS), a leading provider of enterprise asset management (EAM) solutions, has announced…
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Electric truck maker Lordstown Motors goes bankrupt and sues Foxconn
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Lordstown Motors (RIDE.O), a U.S. electric truck manufacturer, has filed for bankruptcy protection and put itself up for…
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Vice Media to be sold to creditors for $350 million in bankruptcy deal
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Vice Media, the digital media company that once boasted a valuation of $5.7 billion, has agreed to be…
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Navigating the Bankruptcy Process: A Step-by-Step Guide
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Bankruptcy is a legal process that provides individuals and businesses with a fresh start when they are overwhelmed…
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Blockworks Raises $12mn to expand crypto media and research offerings amidst industry turmoil
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Blockworks, a media company that covers cryptocurrency for professionals, has raised $12 million in funding at a post-money…
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