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The coming week in bankruptcy: September...

(Reuters) – Here is a look at some upcoming events of interest to the bankruptcy law community. Unless otherwise specified, all times are local and court appearances are virtual due to the COVID-19 pandemic. Monday, September 20 10:00 am – Johnson & Johnson will argue in favor of disqualifying the votes of certain personal injury […]

Subchapter V Bankruptcy for middle marke...

What is the “middle market”? Typically, this segment of the US economy is defined as companies with annual revenues between $ 10 million and $ 1 billion. Collectively, they are an economic powerhouse: According to the National Center for the Middle Market, there are approximately 200,000 such companies in the United States, with combined annual […]

How Marvel conquered cinema and televisi...

Sep 17, 2021 SINCE 1939, Marvel Comics have told hundreds of fantastic stories of superheroes fighting to save the planet. But his fight to dominate pop culture is an epic in itself, involving censorship and bankruptcy that has left the company without many of its valuable characters. His latest film, “Shang-Chi and the Legend of […]

Work with your suppliers before you go b...

Marc Pestronk Question: In an effort to stay in business during the pandemic, my agency has fallen significantly behind on payments to everyone except our employees. Right now we owe SCM vendor, back office vendor, customer relationship management (CRM) software vendor, back office system vendor , a meeting and events software vendor, a telephone company, […]

After pursuing critics, an oil group has...

Stories of bullies receiving their rewards offer such visceral pleasures that they have become deeply rooted in our culture, from Angelo to Shakespeare “Measure to Measure“to the lascivious count in Mozart”Figaro wedding“Until the deplorable Biff of the film”Back to the future. “ Here is a real life story. In this case, the bully is the […]

Ranger Energy Services, Inc. Agrees to A...

HOUSTON – (COMMERCIAL THREAD) – Ranger Energy Services, Inc. (NYSE: RNGR) (the “Company”) today announced that its controlled subsidiary Ranger Energy Acquisition, LLC (the “Purchaser” has been selected as the successful bidder in a auction to acquire certain assets of Basic Energy Services, Inc. and its subsidiaries (“Basic”) Buyer’s winning auction in a competitive auction […]

Denver Foundation Cycles bike store clos...

Despite the growing demand for bicycles due to the pandemic cabin fever, a local bicycle shop closed and subsequently filed for bankruptcy. Foundation Cycles, which opened at 2140 S. Delaware St. at the base of Evans Station Lofts in 2019, filed for Chapter 7 bankruptcy on September 7. Chapter 7 bankruptcies are typically a liquidation […]

Evergrande goes bankrupt – 1.5 million p

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please review our website policy before making any financial decisions. Evergrande, China’s second-largest real estate developer, is at the risk of bankruptcy. Chinese authorities have announced to the public that the company will not be able to pay its interest rates until […]

DOJ seeks to block Purdue Pharma bankrup...

Purdue Pharma has filed for bankruptcy with a more than $ 10 billion plan to settle claims it fueled the opioid epidemic in the United States by illegally pushing sales of its addicting pain reliever OxyContin. The company’s headquarters in Stamford, Connecticut is shown here in 2019. Victor J. Blue / Bloomberg / Getty Images […]

After bankruptcy, will ABC Carpet & Home

Photo: Alys Tomlinson / Shutterstock Hopefully ABC Carpet & Home, who filed for Chapter 11 bankruptcy last week at the age of 124, can get through the process without ceasing to be himself. Historically, this has been difficult for retailers who depend on being unique, over the top, and dependent on the eccentric energy of […]