Weighing COVID-19 (and Other Macro Factors) in Bankruptcy Valuations
Failure to give proper weight to macroeconomic factors in fixing valuation may result in overpaying creditors or having insufficient working capital.
2020’s Best Advice for CFOs
CFO columnists provided an abundance of advice to finance chiefs in 2020. Here are some of the best columns we published.
Guitar Center Files Chapter 11 to Cut Debt Load
The COVID-19 pandemic has plunged the retailer into a liquidity crisis that "could not be resolved through short-term measures."
Two Mall Owners File for Chapter 11
CBL Properties and PREIT will continue operations while they navigate the restructuring process.
Small Businesses Embracing Subchapter V Bankruptcies
The COVID-19 economic downturn has small businesses considering Subchapter V bankruptcy filings over other options.
New York Sports Club Owner Files for Chapter 11
Gym owner Town Sports warned a filing was imminent as it tried to strike a refinancing deal with lenders.
Discount Legend Century 21 Files for Chapter 11
The company says its insurers “turned their backs on us" as it tried to recover from store closures due to the COVID-19 pandemic.
Chaparral Energy Files for Bankruptcy
It is the second bankruptcy filing for the oil and gas producer in four years.
Men’s Wearhouse Owner Files for Bankruptcy
Tailored Brands is the latest of more than 20 private and public retailers to have declared bankruptcy this year.
Noble Corp. Files Chapter 11 to Slash $4B in Debt
"The development of COVID-19 into a global pandemic erased any doubt as to whether Noble would be able to avoid bankruptcy,” the offshore rig operator said.
California Pizza Kitchen Files for Bankruptcy
“For many restaurants, the COVID-19 pandemic will be the greatest challenge they will ever face; for some, it may also be their last.”