Chapter 11 restructuring
Sadly, America’s Next Hot Job May Be Chief Restructuring Officer
Many companies will struggle as the COVID recession continues and will look to CROs for guidance.
Saving Midmarket, Closely Held Companies With Traditional Workouts
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.
The Restructuring Remedy
As painful as this reckoning is likely to be, substantial restructurings must occur across several industries on accelerated timelines.
Bankrupt Westinghouse Makes Acting CFO Permanent
The company sought higher pay from the U.S. Bankruptcy Court for the acting finance chief and his boss.
GenOn Energy Files for Bankruptcy
The Chapter 11 filing by the wholesale electricity provider follows a series of disputes with noteholders.
Charney Group Offers $300M for American Apparel
The former CEO and his investors say the offer is superior to the company's reorganization plan, setting up a possible bankruptcy court showdown.
Magnetation Files Bankruptcy Amid Iron Ore Slump
A prolonged pricing slump and a high level of debt push the closely held mining firm into Chapter 11.