In a statement Friday explaining its Chapter 15 filing, Luckin said the move will help it financially restructure itself and strengthen its balance sheet. That type of filing shelters the …
Tag:
bankruptcy
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Text size The Chinese chain said it is negotiating with stakeholders to restructure its balance sheet. Fred Dufour/AFP via Getty Images Luckin Coffee is filing for bankruptcy protection. It’s another …
- Gossips
‘RHOBH’ Erika Jayne’s Mansion is Burglarized Amid Husband Tom Girardi’s Bankruptcy as Attorney Voices Suspicion
Erika Jayne and Thomas Girardi‘s $16 million home in Pasadena, California was reportedly burglarized last month. Amid the ongoing bankruptcy proceedings against the once-famed Erin Brockovich attorney, police arrived to …
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(Bloomberg) — A U.S. bankruptcy judge protected a much-needed cash infusion for Easterday Ranches Inc., helping ensure that its 54,000 cattle will continue to eat. The cattle farm in Washington …
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The attorneys and professionals in the Weinstein Co. bankruptcy case have received $26 million in fees thus far, considerably more than the $17.1 million that Harvey Weinstein’s victims will receive. …
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InvestorPlace Reddit’s r/WallStreetBets Just Took Down a Hedge Fund. You’ll Love What Comes Next. As a member of r/WallStreetBets, a popular Reddit forum, let me tell you this: It wasn’t …
- Gossips
RHOBH’s Erika Jayne Sells Luggage on Instagram as Insider Claims She and Tom Have “No Counsel” for Bankruptcy
Erika Jayne appears to be taking her finances into her own hands as she and her estranged husband, Thomas Girardi, prepare for the upcoming hearings in the bankruptcy case against …
- Business
Department store chain Belk files for Chapter 11 bankruptcy, private equity firm Sycamore to take control
Belk department store John Greim | LightRocket | Getty Images The department store chain Belk announced Tuesday afternoon it has filed for Chapter 11 bankruptcy protection, marking the latest mall-based …
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US movie theater chain AMC announced Monday it had raised $917 million in funding since mid-December, allowing it to fend off bankruptcy for now as Covid-19 batters the film industry. …
- Tech News
AMC Theatres staves off bankruptcy just in time for studios to delay their films all over again
AMC Theatres has raised nearly $1 billion in funding since December 14th, staving off bankruptcy for several more months, the company announced today. The announcement comes just days after several …
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(Bloomberg) — AMC Entertainment Holdings Inc. said it was no longer at risk of an imminent bankruptcy filing after assembling $917 million of fresh financing, continuing its fight to fend …
- Business
Belk’s top lenders, including KKR, looking to avoid taking department store through bankruptcy, WSJ says
Belk department store John Greim | LightRocket | Getty Images KKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department store chain to keep …
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Thomas Girardi is headed into bankruptcy, whether he likes it or not, plus a breakdown of how this will affect his wife Erika Jayne‘s assets. In federal court on Tuesday, …
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New data from Coresight Research reveals American retailers have announced 8,400 closures this year. Ascena Retail closed the most locations, at nearly 1,200. Coresight anticipates closures will snowball and set …
