LONDON, Dec. 16, 2025 /PRNewswire/ -- Klöckner Pentaplast ("kp" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed ...

Large-scale layoffs rarely lead to sustainable profit improvement unless they are paired with significant, forward-looking ...

PORTLAND, ORE. — Alpha Media, as expected would occur within days of FCC approval, has emerged from Chapter 11 bankruptcy protection. The company says it has done so “with a significantly improved ...

Spirit Airlines has emerged from bankruptcy after a four-month restructuring process. The airline equitized $795 million in debt and secured a $350 million investment to support its future plans. CEO ...

Learn about the Certified Insolvency & Restructuring Advisor (CIRA) certification, its requirements, benefits, and how it enhances skills for financial advising in insolvency.

Despite JCPenney’s Significant Progress in Executing its Transformation Strategy, Impact of Unprecedented Coronavirus (COVID-19) Pandemic Necessitates Accelerated Financial Restructuring Ms. Soltau ...

Modivcare Inc. (the “Company” or “Modivcare”) (OTCMKTS: MODVQ), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving ...

The drugstore chain operates over 2,100 locations across 17 states. One of the nation's largest drugstore chains has voluntarily initiated the Chapter 11 process for bankruptcy protection. Rite Aid ...

Chautauqua Institution officials are looking to cut between $4 million and $6 million from the budget – or increase revenues by that much – after a possible 13% decrease in attendance this year.

PacBio reported Q1 2025 revenue of $37.2 million, a decrease from $38.8 million in Q1 2024, amid restructuring efforts. PacBio reported its financial results for the first quarter of 2025, revealing a ...

At Home Group Inc. (“At Home” or the “Company”) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. With its court-supervised process now ...

Although financial restructuring has been developed as a stand-alone practice within international firms, especially during countercyclical economic periods, restructuring the digital-asset space is ...