A arrives at the United States District Bankruptcy Court for the Southern District of New York in Manhattan, New York, USA, January 9, 2020. REUTERS / Brendan McDermid (Reuters) – Clothing brand Brooks Brothers filed for Chapter 11 bankruptcy on Wednesday, joining a list of decades-old American retailers that have …
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Neiman Marcus is asking a federal bankruptcy court in Texas to allow nearly $ 10 million in salary increases for CEO Geoffroy van Raemdonck and seven other executives as the company goes through debt restructuring. The proposed compensation plan covers staff who are “critical to daily operations” and Neiman Marcus’ …
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(Reuters) – Nearly a third of the more than 40 large companies seeking bankruptcy protection in the United States during the coronavirus pandemic awarded bonuses to executives within a month of presenting their cases, according to a Reuters analysis of the statements. of securities and court records. FILE PHOTO: A …
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(Reuters) – Nearly a third of the more than 40 large companies seeking bankruptcy protection in the United States during the coronavirus pandemic awarded bonuses to executives within a month of presenting their cases, according to a Reuters analysis of the statements. of securities and court records. FILE PHOTO: A …
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The company joins several other retailers that recently filed for bankruptcy. July 6, 2020 3:20 PM 4 min read After 30 years, Lucky Brand filed for bankruptcy amid the coronavirus pandemic. On Friday, it was announced that the Los Angeles-based company, formally known as Lucky Brand Dungarees, LLC, filed for …
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