Bankruptcy Data News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Total Filings Are Up Seven Percent and Commercial Chapter 11 Filings Increase 76 Percent Over Last Year...

Total Filings Up 10 Percent Year-Over-Year and 15 Percent Month-Over-Month...

England and Wales have seen a surge in company directors winding up businesses that are unable to pay their debts, taking so-called voluntary liquidations to their highest level since 2009 in the depths of the global financial crisis.

Samarco Mineracao SA, a bankrupt joint venture between Brazilian miner Vale SA and BHP Group Ltd, proposed on Thursday a plan to restructure 50 billion reais ($10 billion) in debt with an offer of preferred shares or a cash payout in 2041 equal to 15% of the current value...

By Reuters Staff 2 Min Read FILE PHOTO: A logo of car rental company Hertz is seen on a building during the coronavirus disease (COVID-19) outbreak in Nice, France, May 27, 2020. REUTERS/Eric Gaillard (Reuters) - Knighthead Capital Management and Certares Management have sweetened an offer to buy Hertz Global Holdings Inc out of bankruptcy in a deal that gives the car rental firm an enterprise value of over $6.2 billion, Bloomberg News reported. The proposal could see equity investors recover $2.25 a share, and Hertz will evaluate it to determine if it is higher than the one from its current ...