Page 5 - Chapter 11 News Today

By Paul Snyder Officials at Mazomanie-based Wick Building Systems Inc. have two options after filing for Chapter 11 bankruptcy protection — reorganize or sell the company. “I’m surprised,” said Mazomanie Village President Lowell Holcomb. “I’d heard they were closing down a couple of divisions, but this is the first I’ve heard of this. I don’t ...

Earlier this month, Cuban was slapped with a class-action lawsuit for allegedly enticing consumers to invest in Voyager Digital.

Communisis parent company OSG has filed for Chapter 11 bankruptcy protection in the US and plans to restructure more than $800m (£661m) of debt via a pre-packaged plan.

Airline’s action comes a day after pilots walked out on strike.

The cosmetics maker has fallen victim to global supply chain disruptions that pushed up raw material costs and prompted vendors to demand upfront payments.

In its bankruptcy filing, Revlon said supply chain disruptions prompted intense competition for ingredients used to make its products.

The 90-year-old beauty company is weighed down by a heavy debt load, disruptions to its supply chain network and surging costs.

NEW YORK – May 4, 2022 — Total U.S. bankruptcy filings in April 2022 decreased 21 percent from the previous year, according to data provided by Epiq Bankruptcy , the leading provider of U.S. bankruptcy filing data. Bankruptcy filings totaled 32,508 in April 2022, down from the April 2021 total of 40,931.

The far-right commentator has to pay family members of the Sandy Hook school shooting victims compensation for falsely claiming the attack was a hoax.

The proposed compensation fund would pay out $2.6 billion to more than 80,000 men who say they were molested as children by Scout leaders and others.