Chapter 11

Bed Bath & Beyond Inc (NASDAQ: BBBY) filed for Chapter 11 bankruptcy protection on Sunday, reports Reuters.   According to its court filing, the big box store filed for bankruptcy in the U.S. District Court in New Jersey, listing its estimated assets and liabilities in...

A United States federal judge has granted the government's request to temporarily suspend Voyager Digital Ltd.'s bankruptcy plan, pausing the proposed sale of the cryptocurrency lending company to Binance.US. U.S. District Judge Jennifer Rearden approved the government's request for a...

Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware denied a request on Feb. 15 for an independent examiner for FTX, citing additional expenses and unnecessary burden on the creditors and debtors. According to the judge, if an examiner were appointed, the cost of the...

Crypto exchange FTX (CRYPTO: FTT) has sought help from a U.S. bankruptcy court in a dispute over ownership of Robinhood Markets Inc (NASDAQ: HOOD) stock valued at roughly $450 million, according to a petition filed on Thursday. About 56 million shares of the brokerage owned by Emergent Fidelity...

The U.S. Securities and Exchange Commission (SEC) is one of the biggest creditors of crypto lending company BlockFi, which after a string of failures in the digital-assets market, filed for bankruptcy. According to a filing made on Monday, the regulator has a $30 million unsecured claim...

Retailer Bed Bath & Beyond (NASDAQ: BBBY) has been one of the bigger stock storylines of 2022. The popular stock that has been labeled among the “meme stocks” saw strong interest after GameStop Corporation (NYSE: GME) Chairman Ryan Cohen accumulated a stake in the company. The...

Latin American airline Avianca Holdings SA (OTC: AVHOQ) is seeking court approval for financing that totals about $2 billion. According to Bloomberg, the airline had filed for Chapter 11 bankruptcy protection in May. The pandemic has forced airlines to suspend flights, lay off workers, and...

Switzerland-based auto-parts manufacturer Garrett Motion Inc (NYSE: GTX) has voluntarily filed for Chapter 11 bankruptcy protection and proposed a $2.1 billion sale of its business to KPS Capital Partners, LP. What Happened: In less than two years of listing as a public company — post spinoff...

Sears Holdings Corp (NASDAQ: SHLD)'s years-long struggle in a tough retail environment culminated in the department store filing for Chapter 11 bankruptcy protection this week. A Chapter 11 bankruptcy facilitates reorganization of a company through a plan to keep its business alive and pay...

Shares of Applebee’s and IHOP parent Dine Brands Global, Inc. (NYSE: DIN) have surged roughly 30 percent in the past month, leading Raymond James to adjust its stance on the stock.  The Analyst Raymond James analyst Brian Vaccaro downgraded Dine Brands from Strong Buy to Outperform...

Toys "R" Us didn’t want to grow up. But as it resisted, its peers grew bigger, stronger, smarter and more assertive. Now, the retailer is deteriorating, stunted by developmental delays while its matured contemporaries seize the sandbox. Ever-evolving Wal-Mart Stores Inc (NYSE: WMT)...

Digiliti Money Group Inc (NASDAQ: DGLT) just made a DryShips Inc. (NASDAQ: DRYS) -like move. Back in 2016, shares of DryShips inexplicably soared from less than $5 per share to more than $100 per share for no company specific reason. The stock was then halted by the Nasdaq stock exchange under a...

Bonanza Creek Energy Inc (NYSE: BCEI) is a nano-cap independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. Shares soared higher by more than 50 percent on Wednesday. The surge...

Republican presidential nominee Donald Trump has received a huge amount of support during his bid for the presidency, as Trump supporters see him as a Washington outsider. However, with no political experience under his belt, Trump has been touting his business experience, particularly his...

Shares of Energy XXI Ltd (NASDAQ: EXXI) plummeted more than 75 percent early Thursday morning after the company announced that it and some of its subsidiaries have entered into a Restructuring Support Agreement (RSA) with holders of more than 63 percent of its secured second lien 11.0 percent notes...