Christie Brinkley-linked skincare brand SBLA Beauty – which sells so-called “scientific” anti-aging products – filed for Chapter 11 bankruptcy. The award-winning brand is perhaps best ...
A popular beauty brand has filed for Chapter 11 bankruptcy. The Street reports the parent company of cosmetics company SBLA Beauty issued a filing in U.S. Bankruptcy Court on March 11 to ...
Mitel Networks filed for bankruptcy on Monday after continued financial struggles despite a debt deal in 2022, which led to creditor infighting. Mitel, owned by private-equity firm Searchlight ...
To execute the restructuring, Mitel will employ a prepackaged plan and file voluntary petitions seeking debt relief under Chapter 11 of the Bankruptcy Code. Historically, Chapter 11 restructuring ...
With a major sales decline and mounting debt, a bankruptcy filing seemed inevitable.” One of the most alarming issues leading to the filing was Hudson’s Bay’s reported inability to secure financing.
Canada’s Mitel Networks has filed for bankruptcy in the US as the telecommunications firm continued to struggle after carrying out debt maneuvers about two years ago. The firm filed for Chapter ...
March 10 (Reuters) - Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to complete a restructuring that will eliminate $1.15 ...
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The department store company, which also runs Saks Fifth Avenue and Saks Off 5th stores in Canada, will exit the process with a smaller footprint. The retailer, which operates 80 Hudson’s Bay ...
is set to close as many as 200 stores as rumors that the company may file for bankruptcy swirl. A source tells PEOPLE that if a Chapter 11 restructuring is filed it would only affect "Forever 21 ...
Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said. The chain became a stand-alone ...
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