The seismic-data provider intends to submit a prepackaged plan in court after winning approval from its creditors
Tony Rodio, president and CEO of Tropicana Entertainment, said the Taj is losing millions of dollars a month and that the owners have “fiduciary duties to their shareholders.”
Franklin’s holdings include both first- and second-lien debt
Mozido finds itself under siege from angry employees and disgruntled partners.
Hancock had filed for chapter 11 protection in February
Fund to focus on distressed investments, special situations
The economic loss development of $109 million in the public finance sector includes losses of $29 million related to the decline in discount rates. The remainder of the loss development was driven by increases in expected losses on various Puerto Rico exposures.
Led by Senior Managing Director Sam W. Clark, IV, the group provides expert advice and opinions to companies and their boards, investors and other capital market constituents regarding the valuation of businesses, securities and assets for transactions and situations across industry sectors.
Iraqi-focused oil player the target of a recent takeover offer from DNO International
Judge avoids tough decision on who is a ‘forward contract merchant.’