(Reuters) – Clothing company Lucky Brand Dungarees files for Chapter 11 bankruptcy, it said Friday, becoming the latest retailer to fall victim to the coronavirus pandemic. The firm said it had entered into a “horse stalking asset purchase agreement” with SPARC Group LLC, which owns brands like Aeropostale and Nautica, …
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Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …
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Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
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Shares in Wirecard AG WDI, + 154.48% More than 150% soared on Monday, with some speculation that French group Worldline may try to buy parts of the German scandal payments company that filed for bankruptcy last week. Others said it was a so-called dead cat bounce: speaking on the market …
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Every kid’s favorite pizza-loving mouse has become a victim of the coronavirus. Chuck E. Cheese’s parent company, CEC Entertainment, filed for bankruptcy Wednesday night after the pandemic closed most of its family restaurants. The restaurant and arcade chain said it will use the Chapter 11 process to restructure its heavy …
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