Home Tags Chapter 11

Tag: Chapter 11

Sears set to stay open after last ditch bid prevents liquidation, sending shares surging

A last ditch effort from a billionaire hedge fund manager is set to keep Sears alive after beating off competition for the legacy retailer.

PG&E’s $30 billion in potential liabilities is worrying debt holders who fear they won’t be paid

Trading figures for PG&E signal that investors fear losses as a result of the company's exposure to $30 billion in liabilities for its role in the fire.
PG&E is being engulfed by problems relating to the California fires.

PG&E shares plummet after flagging bankruptcy plan and possible $30 billion in liabilities from California fire fallout

PG&E's CEO resigned Sunday, and the company on Monday confirmed its plans to file for chapter 11 bankruptcy.

50 Cent has to pay $23.4 million in a bankruptcy settlement, but he sounds happy about it

A bankruptcy judge has signed off on a deal that will effectively close 50 Cent's controversial bankruptcy case with a $23.4 million settlement over five years.