IEEPA Tariff Refunds Begin to Hit Importers’ Accounts
Bankruptcy
Rifle Anyone? The Bankrupt Denim Brand Seeks New Owner
The employees of the bankrupt company will be paid for 12 months through national wage compensation funds.
Le Château Liquidates, Shutting All 121 Stores
Canadian specialty fashion chain Le Château had previously expressed doubts about its ability to remain in…
JCP Settles Minority Lender Dispute. What’s Next?
With the lender dispute settled, JCP can exit bankruptcy once it gets court approval of its sale and…
Mall Operators CBL, PREIT File for Bankruptcy Protection
The pandemic and shutdowns forced the landlords to restructure with lenders in bankruptcy court.
PREIT and CBL: First Two Mall Casualties of Covid-19
Pennsylvania Real Estate Investment Trust and CBL Properties' bankruptcies comes as store tenants seek to…
JCP Has a Signed Sale Contract in Hand
The sale requires court approval, but at least JCP's over 60,000 employees, landlords and vendor community…
JCP Bankruptcy: How Much Will Unsecured Creditors Get?
Under the current leading offer, things aren't looking so hot for creditors like Nike and Adidas holding…
New Competing Bid Tangles JCP Bankruptcy
A rival bid could threaten the bankrupt mass merchant's hoped-for December exit from Chapter 11.
Bealls Banner Now Under Same Ownership After Stage Store Sale
The asset sale marks the end of the line for Stage Stores.
JCP Sale Hearing on Track—But One Big Sticking Point Remains
While a sale contract still needs to be finalized, a plan of reorganization is in place and JCP could exit…
True Religion No Longer Under Bankruptcy Cloud
True Religion exited Chapter 11 on Monday, with a restructured balance sheet that lowered both debt and…
Is the J. C. Penney Deal in Trouble?
The latest development in JCP's ongoing bankruptcy saga will do little to quell the vendor community's…
Another Day, Another Delay and an Extension Request From JCP: Week Ahead
Although there's another delay in the Penney's bankruptcy case, its fate could be revealed by early next…
Bankrupt Ascena Finds Buyer for Justice Brand
Ascena named Premier Brands Justice the stalking horse for its Justice brand, with the planned deal subject…
Zac Posen Parent Centric Brands Officially Exits Bankruptcy
Centric Brands will now operate as a private company.