The RSA contemplates that Templar may execute its restructuring plan on either a consensual out-of-court basis or through a prepackaged Chapter 11 proceeding.
Ruby Tuesday recently completed a comprehensive review of its corporate-owned restaurant portfolio and determined that it was in the Company’s best interest to close approximately 95 underperforming restaurants. These locations will cease operations by September 2016.
S&P upgrades credit rating but still views company as “highly leveraged”
Solar-power developer is ‘hopelessly insolvent,’ with debts outweighing assets by $1 billion to $2.5 billion
Univision, the Spanish-language television and news organization, has formally submitted a bid for bankrupt Gawker Media, two sources close to the negotiations told FORBES.
The coal industry is experiencing an unexpected but welcome windfall with prices for the commodity soaring more than 30 percent in the last four months
The firm must defend itself against multi-billion-dollar claims
For a day, at least, the Ontario-based specialty pharma firm one-upped its better-known progenitor Valeant
The mergers and acquisition (M&A) market for all sectors has remained consistent with the low number of deals seen in 2015, but with one distinction—the 2016 deal values are lower than deal values over the past five years