(Separate multiple addresses with a comma)
Your Email Address
Your Message (optional)
Christopher & Banks Corporation Voluntarily Files Chapter 11 Bankruptcy
January 15, 2021, 08:15 AM
Christopher & Banks Corporation, a specialty womenâs apparel retailer, announced that it has filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (the âBankruptcy Courtâ). The Company has filed customary motions with the Bankruptcy Court that will authorize, upon Bankruptcy Court approval, the Companyâs ability to maintain operations in the ordinary course of business, including, among other things, the payment of employee wages and benefits without interruption, payment of suppliers and vendors in the normal course of business, and the use of cash collateral. These motions are typical in the Chapter 11 process and the Company anticipates that they will be approved sh
Press release content from Business Wire. The AP news staff was not involved in its creation.
Christopher & Banks Corporation Voluntarily Files Chapter 11 Bankruptcy
January 14, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Jan 14, 2021
Christopher & Banks Corporation (OTC: CBKC), a specialty women’s apparel retailer, today announced that it has filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (the “Bankruptcy Court”). The Company has filed customary motions with the Bankruptcy Court that will authorize, upon Bankruptcy Court approval, the Company’s ability to maintain operations in the ordinary course of business, including, among other things, the payment of employee wages and benefits without interruption, payment of suppliers and vendors in the normal course of business, and the use of cash collateral. These motions are typical in the Chapter 11 process and the Company anticipates
Provided by PR Newswire
NII Holdings Provides Update On Dissolution Proceedings And Settlement With AT&T
NII Holdings Provides Update On Dissolution Proceedings And Settlement With AT&T
PR Newswire
RESTON, Va., Jan. 12, 2021
RESTON, Va., Jan. 12, 2021 /PRNewswire/ On January 12, 2021, NII Holdings, Inc. ( NII ) announced that it has reached agreement with AT&T Mobility Holdings B.V., New Cingular Wireless Services, Inc., AT&T Holdings Mexico, S. de R.L. de C.V., and AT&T Comunicaciones Digitales, S. de R.L. de C.V. (collectively, AT&T ) related to the amount of security needed to secure AT&T s contingent contractual claims in NII s dissolution proceedings (the Settlement ).
Jan. 7, 2021
After months of roiling around where NPC International s substantial Pizza Hut and Wendy s stores would end up, today NPC said that mediation successfully produced separate asset purchase agreements with Flynn Restaurant Group and Wendy s International LLC, which will result in the sale of substantially all of NPC s assets and pave the way for NPC to complete its chapter 11 restructuring, a news release said.
A hearing before the United States Bankruptcy Court for the Southern District of Texas to consider the approval of the sale transactions is set for Jan. 15. The combined purchase price of the two sale transactions is approximately $801 million.