Under the right circumstances, an out-of-court restructuring is the best bet for an efficient, less costly process.
Compared with an in-court proceeding, a creditor composition agreement is much less costly. Here’s how to execute one successfully.
The gun-rights group now faces "a legal reckoning" in New York, where the state attorney general is seeking its dissolution.
Brazos Electric says the winter storm that devastated Texas left it in “a liquidity trap that it cannot solve with its current balance sheet.”
Legal experts said the gun-rights group was likely maneuvering to thwart a suit in which New York State accuses its leaders of fraud.
Failure to give proper weight to macroeconomic factors in fixing valuation may result in overpaying creditors or having insufficient working capital.
CFO columnists provided an abundance of advice to finance chiefs in 2020. Here are some of the best columns we published.
The COVID-19 pandemic has plunged the retailer into a liquidity crisis that "could not be resolved through short-term measures."
CBL Properties and PREIT will continue operations while they navigate the restructuring process.
The COVID-19 economic downturn has small businesses considering Subchapter V bankruptcy filings over other options.
Gym owner Town Sports warned a filing was imminent as it tried to strike a refinancing deal with lenders.
The company says its insurers “turned their backs on us" as it tried to recover from store closures due to the COVID-19 pandemic.
