With a court order from Judge Christopher Lopez, Audacy has officially completed its restructuring process under Chapter 11.
Court documents show the company filed for Chapter 11 late last year after TD Bank began foreclosure proceedings.
The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...
Exactech Australia Pty Ltd not subject to any insolvency process, is also a defendant to the Australian class action. On 29 October 2024, Exactech and four other companies within the Exactech Group ...
J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...
The company seeking bankruptcy protection faces many reputational and business challenges, the biggest of which is a loss of ...
Rather than accept Frontier’s offer, Spirit said it will stick to its current plan to emerge from Chapter 11 bankruptcy.
The travel industry has faced financial distress over the last year, led by bankruptcy filings by several airlines. Low-cost ...
Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...
Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders after filing for Chapter 11 bankruptcy. Facing production issues and failed funding talks, the company plans to secure ...
The restructuring landscape in 2024 demonstrated dynamic shifts, with courts across jurisdictions issuing pivotal rulings that helped ...
The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...