Related Articles: Hertz prepares for possible bankruptcy filing

Hertz files for bankruptcy protection

Hertz files for bankruptcy protection

Hertz and its subsidiaries will continue to operate, according to a release from the company. By the end of March, Hertz Global Holdings Inc. had racked up $18 [...] Read full article: Hertz files for bankruptcy protection...→

Pier 1 to possibly close all its stores, three months after filing for bankruptcy

Pier 1 to possibly close all its stores, three months after filing for bankruptcy

Home goods retailer Pier 1 might be closing all their stores soon, just three months after filing for bankruptcy. Read full article: Pier 1 to possibly close all its stores,...→

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

Souplantation’s doors closed temporarily when the state ordered restaurants to cease dine-in services, and now the buffet-style favorite is considering filing [...] Read full article: Souplantation Considering Filing for Ban...→

Norwegian Cruise Line Holdings filing raises flag it could face bankruptcy

Norwegian Cruise Line Holdings filing raises flag it could face bankruptcy

Norwegian Cruise Line Holdings Ltd., amended a filing with the Securities and Exchange Commission on Tuesday citing the financial losses due to coronavirus mea [...] Read full article: Norwegian Cruise Line Holdings filing ra...→

Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat

Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat

Carl Icahn’s Hertz — once considered the gold standard of car rental companies — is sputtering on the side of the road while its closest rival, Avis, is positi [...] Read full article: Why Carl Icahn’s Hertz near bankruptcy w...→

J.Crew’s weekend plans might include filing for bankruptcy

J.Crew’s weekend plans might include filing for bankruptcy

Privately held fashion company J.Crew Group is preparing for a bankruptcy filing that could come as soon as this weekend, CNBC reported on Thursday, citing peo [...] Read full article: J.Crew’s weekend plans might include fil...→

Hertz taps restructuring advisers as car rentals decline, report says

Management is seeking advice from restructuring bankers at Moelis & Co. on ways to boost liquidity and avoid filing for Chapter 11 bankruptcy, Bloomberg report [...] Read full article: Hertz taps restructuring advisers as car...→

Debt and coronavirus push Hertz into bankruptcy protection

Debt and coronavirus push Hertz into bankruptcy protection

Starting in mid-March, the company lost all revenue when travel nearly shut down due to the novel coronavirus Read full article: Debt and coronavirus push Hertz into ban...→

Bankrupt J.C. Penney to close 240 stores The 118-year-old retail chain has not said which stores will close. The company filed for bankruptcy last week. 2M ago

Bankrupt J.C. Penney to close 240 stores The 118-year-old retail chain has not said which stores will close. The company filed for bankruptcy last week. 2M ago

May 19, 2020 / 10:15 AM / CBS/AP... The pandemic has begun to batter some of the weakest companies as retail sales plunge. Neiman Marcus and J. Crew sought ban [...] Read full article: Bankrupt J.C. Penney to close 240 stores...→

Hertz gets forbearance from lenders in bid to avert bankruptcy

Hertz said the deal gives the company until May 22 to "develop a financing strategy and structure that better reflects the economic impact of the Covid-19 glob [...] Read full article: Hertz gets forbearance from lenders in b...→

Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing

Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing

Neiman Marcus bondholder Marble Ridge Capital LP said the Dallas-based retailer failed to make a $5.7 million interest payment that was due Wednesday — possibl [...] Read full article: Neiman Marcus’ Missed April Interest Pay...→

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Global Holdings Inc, a car rental business more than a century old, filed for bankruptcy protection on Friday after its business all but vanished during [...] Read full article: Hertz Files for Bankruptcy Protection as...→

Hertz canceled most new-car orders as pandemic shuts down travel

Hertz's biggest suppliers of fleet vehicles in 2019 were General Motors (21 percent), Fiat Chrysler (18 percent), Ford (12 percent), Kia (10 percent), Toyota ( [...] Read full article: Hertz canceled most new-car orders as pa...→

Hertz prepares to file bankruptcy if deadline is missed

Hertz prepares to file bankruptcy if deadline is missed

The rental-car company has been talking to some of its creditors about how to ease its burden without going through bankruptcy, but negotiations have been a st [...] Read full article: Hertz prepares to file bankruptcy if dea...→

New Orleans archdiocese reportedly set for partially virus-linked bankruptcy filing

New Orleans archdiocese reportedly set for partially virus-linked bankruptcy filing

The shutdown of church services due to the pandemic on top of unresolved clergy-abuse lawsuits led to the archdiocese's financial woes. Read full article: New Orleans archdiocese reportedly set f...→

Hertz talks with banks, Treasury in push to avoid bankruptcy

CEO Kathryn Marinello said the car rental giant is seeing the support lenders and banks and is making the case for government aid. Read full article: Hertz talks with banks, Treasury in push...→

Hertz files for bankruptcy protection

Hertz files for bankruptcy protection

Hertz and its subsidiaries will continue to operate, according to a release from the company. By the end of March, Hertz Global Holdings Inc. had racked up $18 [...] Read full article: Hertz files for bankruptcy protection...→

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Global Holdings Inc, a car rental business more than a century old, filed for bankruptcy protection on Friday after its business all but vanished during [...] Read full article: Hertz Files for Bankruptcy Protection as...→

Bankrupt J.C. Penney to close 240 stores The 118-year-old retail chain has not said which stores will close. The company filed for bankruptcy last week. 2M ago

Bankrupt J.C. Penney to close 240 stores The 118-year-old retail chain has not said which stores will close. The company filed for bankruptcy last week. 2M ago

May 19, 2020 / 10:15 AM / CBS/AP... The pandemic has begun to batter some of the weakest companies as retail sales plunge. Neiman Marcus and J. Crew sought ban [...] Read full article: Bankrupt J.C. Penney to close 240 stores...→

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

Souplantation’s doors closed temporarily when the state ordered restaurants to cease dine-in services, and now the buffet-style favorite is considering filing [...] Read full article: Souplantation Considering Filing for Ban...→

Hertz gets forbearance from lenders in bid to avert bankruptcy

Hertz said the deal gives the company until May 22 to "develop a financing strategy and structure that better reflects the economic impact of the Covid-19 glob [...] Read full article: Hertz gets forbearance from lenders in b...→

Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat

Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat

Carl Icahn’s Hertz — once considered the gold standard of car rental companies — is sputtering on the side of the road while its closest rival, Avis, is positi [...] Read full article: Why Carl Icahn’s Hertz near bankruptcy w...→

New Orleans archdiocese reportedly set for partially virus-linked bankruptcy filing

New Orleans archdiocese reportedly set for partially virus-linked bankruptcy filing

The shutdown of church services due to the pandemic on top of unresolved clergy-abuse lawsuits led to the archdiocese's financial woes. Read full article: New Orleans archdiocese reportedly set f...→

Hertz taps restructuring advisers as car rentals decline, report says

Management is seeking advice from restructuring bankers at Moelis & Co. on ways to boost liquidity and avoid filing for Chapter 11 bankruptcy, Bloomberg report [...] Read full article: Hertz taps restructuring advisers as car...→

Debt and coronavirus push Hertz into bankruptcy protection

Debt and coronavirus push Hertz into bankruptcy protection

Starting in mid-March, the company lost all revenue when travel nearly shut down due to the novel coronavirus Read full article: Debt and coronavirus push Hertz into ban...→

Pier 1 to possibly close all its stores, three months after filing for bankruptcy

Pier 1 to possibly close all its stores, three months after filing for bankruptcy

Home goods retailer Pier 1 might be closing all their stores soon, just three months after filing for bankruptcy. Read full article: Pier 1 to possibly close all its stores,...→

Hertz canceled most new-car orders as pandemic shuts down travel

Hertz's biggest suppliers of fleet vehicles in 2019 were General Motors (21 percent), Fiat Chrysler (18 percent), Ford (12 percent), Kia (10 percent), Toyota ( [...] Read full article: Hertz canceled most new-car orders as pa...→

Norwegian Cruise Line Holdings filing raises flag it could face bankruptcy

Norwegian Cruise Line Holdings filing raises flag it could face bankruptcy

Norwegian Cruise Line Holdings Ltd., amended a filing with the Securities and Exchange Commission on Tuesday citing the financial losses due to coronavirus mea [...] Read full article: Norwegian Cruise Line Holdings filing ra...→

Hertz prepares to file bankruptcy if deadline is missed

Hertz prepares to file bankruptcy if deadline is missed

The rental-car company has been talking to some of its creditors about how to ease its burden without going through bankruptcy, but negotiations have been a st [...] Read full article: Hertz prepares to file bankruptcy if dea...→

J.Crew’s weekend plans might include filing for bankruptcy

J.Crew’s weekend plans might include filing for bankruptcy

Privately held fashion company J.Crew Group is preparing for a bankruptcy filing that could come as soon as this weekend, CNBC reported on Thursday, citing peo [...] Read full article: J.Crew’s weekend plans might include fil...→

Hertz talks with banks, Treasury in push to avoid bankruptcy

CEO Kathryn Marinello said the car rental giant is seeing the support lenders and banks and is making the case for government aid. Read full article: Hertz talks with banks, Treasury in push...→

Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing

Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing

Neiman Marcus bondholder Marble Ridge Capital LP said the Dallas-based retailer failed to make a $5.7 million interest payment that was due Wednesday — possibl [...] Read full article: Neiman Marcus’ Missed April Interest Pay...→

Hertz files for bankruptcy protection

Hertz files for bankruptcy protection

Hertz and its subsidiaries will continue to operate, according to a release from the company. By the end of March, Hertz Global Holdings Inc. had racked up $18 [...] Read full article: Hertz files for bankruptcy protection...→

Debt and coronavirus push Hertz into bankruptcy protection

Debt and coronavirus push Hertz into bankruptcy protection

Starting in mid-March, the company lost all revenue when travel nearly shut down due to the novel coronavirus Read full article: Debt and coronavirus push Hertz into ban...→

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Files for Bankruptcy Protection as Car Rentals Evaporate in Pandemic

Hertz Global Holdings Inc, a car rental business more than a century old, filed for bankruptcy protection on Friday after its business all but vanished during [...] Read full article: Hertz Files for Bankruptcy Protection as...→

Pier 1 to possibly close all its stores, three months after filing for bankruptcy

Pier 1 to possibly close all its stores, three months after filing for bankruptcy

Home goods retailer Pier 1 might be closing all their stores soon, just three months after filing for bankruptcy. Read full article: Pier 1 to possibly close all its stores,...→

Bankrupt J.C. Penney to close 240 stores The 118-year-old retail chain has not said which stores will close. The company filed for bankruptcy last week. 2M ago

Bankrupt J.C. Penney to close 240 stores The 118-year-old retail chain has not said which stores will close. The company filed for bankruptcy last week. 2M ago

May 19, 2020 / 10:15 AM / CBS/AP... The pandemic has begun to batter some of the weakest companies as retail sales plunge. Neiman Marcus and J. Crew sought ban [...] Read full article: Bankrupt J.C. Penney to close 240 stores...→

Hertz canceled most new-car orders as pandemic shuts down travel

Hertz's biggest suppliers of fleet vehicles in 2019 were General Motors (21 percent), Fiat Chrysler (18 percent), Ford (12 percent), Kia (10 percent), Toyota ( [...] Read full article: Hertz canceled most new-car orders as pa...→

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

Souplantation Considering Filing for Bankruptcy as Pandemic Struggles Continue

Souplantation’s doors closed temporarily when the state ordered restaurants to cease dine-in services, and now the buffet-style favorite is considering filing [...] Read full article: Souplantation Considering Filing for Ban...→

Norwegian Cruise Line Holdings filing raises flag it could face bankruptcy

Norwegian Cruise Line Holdings filing raises flag it could face bankruptcy

Norwegian Cruise Line Holdings Ltd., amended a filing with the Securities and Exchange Commission on Tuesday citing the financial losses due to coronavirus mea [...] Read full article: Norwegian Cruise Line Holdings filing ra...→

Hertz gets forbearance from lenders in bid to avert bankruptcy

Hertz said the deal gives the company until May 22 to "develop a financing strategy and structure that better reflects the economic impact of the Covid-19 glob [...] Read full article: Hertz gets forbearance from lenders in b...→

Hertz prepares to file bankruptcy if deadline is missed

Hertz prepares to file bankruptcy if deadline is missed

The rental-car company has been talking to some of its creditors about how to ease its burden without going through bankruptcy, but negotiations have been a st [...] Read full article: Hertz prepares to file bankruptcy if dea...→

Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat

Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat

Carl Icahn’s Hertz — once considered the gold standard of car rental companies — is sputtering on the side of the road while its closest rival, Avis, is positi [...] Read full article: Why Carl Icahn’s Hertz near bankruptcy w...→

New Orleans archdiocese reportedly set for partially virus-linked bankruptcy filing

New Orleans archdiocese reportedly set for partially virus-linked bankruptcy filing

The shutdown of church services due to the pandemic on top of unresolved clergy-abuse lawsuits led to the archdiocese's financial woes. Read full article: New Orleans archdiocese reportedly set f...→

J.Crew’s weekend plans might include filing for bankruptcy

J.Crew’s weekend plans might include filing for bankruptcy

Privately held fashion company J.Crew Group is preparing for a bankruptcy filing that could come as soon as this weekend, CNBC reported on Thursday, citing peo [...] Read full article: J.Crew’s weekend plans might include fil...→

Hertz talks with banks, Treasury in push to avoid bankruptcy

CEO Kathryn Marinello said the car rental giant is seeing the support lenders and banks and is making the case for government aid. Read full article: Hertz talks with banks, Treasury in push...→

Hertz taps restructuring advisers as car rentals decline, report says

Management is seeking advice from restructuring bankers at Moelis & Co. on ways to boost liquidity and avoid filing for Chapter 11 bankruptcy, Bloomberg report [...] Read full article: Hertz taps restructuring advisers as car...→

Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing

Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing

Neiman Marcus bondholder Marble Ridge Capital LP said the Dallas-based retailer failed to make a $5.7 million interest payment that was due Wednesday — possibl [...] Read full article: Neiman Marcus’ Missed April Interest Pay...→