BANKRUPTCY

BANKRUPTCY

Displaying 10 out of 42 results

  1. Outbreak of the coronavirus disease (COVID-19) in Santiago

    US bankruptcy judge rejects LATAM Airlines proposed US$2.4 billion financing deal

    A U.S. bankruptcy judge on Thursday rejected a US$2.4 billion financing plan for struggling LATAM Airlines on the grounds that a convertible loan ...
  2. The signage outside the Neiman Marcus store is seen in New York

    Neiman Marcus expects to emerge from bankruptcy by end of this month

    Neiman Marcus Group said on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is ...
  3. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in Pennsylvania

    On eve of bankruptcy, US firms shower execs with bonuses

    Nearly a third of more than 40 large companies seeking U.S. bankruptcy protection during the coronavirus pandemic awarded bonuses to executives ...
  4. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Santiago

    LATAM Airlines adds US$1.3 billion to bankruptcy financing proposal, Brazil unit seeks protection

    LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional US$1.3 billion for its financing proposal ...
  5. FILE PHOTO: Delta Air Lines passenger planes parked in Birmingham

    Delta's global growth drive stalled by Latin American bankruptcies

    Delta Air Lines had a strategy for years: expand worldwide by buying stakes in airlines and partner with them while avoiding the cost and red ...