Pier 1 Files Chapter 11, Plans Sale of Company
The filing is "intended to provide Pier 1 with additional time and financial flexibility" as it looks for a buyer.
Newspaper Publisher McClatchy Files for Bankruptcy
The company said it would continue to operate as it restructures $700 million in debt.
Forever 21 Reaches Sale Deal With Landlords
Mall operators Simon Property and Brookfield "have a stake in keeping the [bankrupt] fast-fashion retailer and mall staple running."
Bar Louie Files Chapter 11 to Pursue Asset Sale
The company has also closed 38 locations as it struggles with declining mall traffic and a shift away from casual dining.
Oilfield Services Company McDermott Files for Bankruptcy
The prepacked Chapter 11 bankruptcy plan includes $2.8 billion in operating cash and elimination of more than $4.6 billion of debt.
Got Milk? Not Enough as Dean Foods Files Chapter 11
Dean's bankruptcy is "a fresh setback to a U.S. dairy industry struggling against declining U.S. milk consumption and rising competition."
Alta Mesa Resources Files Chapter 11 Bankruptcy
The shale oil startup cited "a historically challenging commodity price environment and a capital market that is highly constrained for energy companies."
Fred’s to Close All Stores in Chapter 11 Bankruptcy Liquidation
The discount retailer has been reporting yearly losses since 2015.
When the International Tail Wags the Domestic Dog
Seemingly minor overseas issues can significantly affect a restructuring or distressed-sale transaction by a U.S. parent company.
Fire Forces Philadelphia Energy Solutions to File for Bankruptcy
The largest refinery on the U.S. East Coast was forced to file for bankruptcy protection after an explosion and fire last month.
Coal Bankruptcies Continue With Blackhawk Filing
The company is seeking to reduce a $1 billion debt burden resulting from acquisitions of the assets of distressed mining firms.