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USA Todayis reporting that Express Inc stores are still fulfilling orders and honoring returns, but closing sales have reportedly already started at all the affected stores. The Express Incpress release announcing the bankruptcy indicated that this process was to help facilitate the sale of the compa...
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A carport mount solar power system installed by Sunworks in Sun City Lincoln Hills in Lincoln, California. Source: Sunworks. US solar installer Sunworks Inc (NASDAQ:SUNW), along with three of its subsidiaries, has ceased operations and has filed for bankruptcy which will result in asset liquidat...
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regardless of whether any ABL Secured Party’s claim therefor is enforceable, allowable or allowed as a claim in the insolvency or liquidation proceeding commenced by the filing of such petition or complaint; provided, that, for the avoidance of doubt, the ABL Debt Obligations shall not include...
After the first application for bankruptcy protection, Charming Charlie reached a restructuring agreement, which received $20 million in debt financing from the current regular borrowers and secured 35 million US dollars in assets secured loans from the existing lender. ...
Detroit filed for bankruptcy Thursday, the largest municipalbankruptcy case in US history. The...Guarino, Mark
Other institutions facing multifaceted sexual abuse scandals have sought bankruptcy protection recently. USA Gymnasticslast week filed for bankruptcyas the governing body for the sport deals with the legal fallout from decades-long sexual abuse by Larry Nassar, the national team's former physician. And...