Many companies will struggle as the COVID recession continues and will look to CROs for guidance.
If we treat the pending aftermath of the pandemic on businesses in the standard manner, a huge number of them are going to be forever shut down.
As painful as this reckoning is likely to be, substantial restructurings must occur across several industries on accelerated timelines.
The company sought higher pay from the U.S. Bankruptcy Court for the acting finance chief and his boss.
The Chapter 11 filing by the wholesale electricity provider follows a series of disputes with noteholders.
The former CEO and his investors say the offer is superior to the company's reorganization plan, setting up a possible bankruptcy court showdown.
A prolonged pricing slump and a high level of debt push the closely held mining firm into Chapter 11.
A federal judge's ruling on a corporate bankruptcy case could have interesting implications for bondholders of distressed debt.
