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Dunn Paper Obtains Forbearance and New Money Financing from Existing First Lien Lenders - Vimarsana News

Dunn Paper Obtains Forbearance and New Money Financing from Existing First Lien Lenders

Dunn Paper Holdings, Inc. (Dunn Paper or the "Company") obtains forbearance related to its missed March 31, 2022 interest payment from senior lenders. New...

Mass. Power Plant Plugs Into Del. Ch. 11 With $570M Debt - Vimarsana News

Mass. Power Plant Plugs Into Del. Ch. 11 With $570M Debt

The owners of a gas-fired electricity generating plant located in Salem, Massachusetts, filed for Chapter 11 protection in Delaware bankruptcy court, listing more than $570 million in debt and saying the plant was unable to cover its obligations after an adverse judgment was handed down in arbitration over a contract dispute.

Source: law360.com
Restructured and Recapitalized Retailer MedMen Looks to Leave Legacy Issues Behind – New Cannabis Ventures - Vimarsana News

Restructured and Recapitalized Retailer MedMen Looks to Leave Legacy Issues Behind – New Cannabis Ventures

Exclusive Interview with MedMen Chairman and CEO Tom Lynch The MedMen (CSE: MMEN) (OTCQX: MMNFF) story has been shaped by its many public problems, but the company’s... #Arizona #California #Florida

Teligent to Pursue Asset Sale through Voluntary Chapter 11 Process - Vimarsana News

Teligent to Pursue Asset Sale through Voluntary Chapter 11 Process

/PRNewswire/ -- Teligent, Inc. (Nasdaq: TLGT), a New Jersey-based specialty generic pharmaceutical company ("Teligent" or the "Company"), today announced that...

Sanjeev Gupta's Liberty Steel UK gets cash injection in restructured plan - Vimarsana News

Sanjeev Gupta's Liberty Steel UK gets cash injection in restructured plan

 Liberty Steel UK, owned by British Indian businessman Sanjeev Gupta, will receive a cash injection of GBP 50-million after its parent company agreed on a financial restructuring plan to revive steel production. GFG Alliance, which includes Liberty Steel UK, announced over the weekend that it has agreed on debt restructuring for Liberty Primary Metals Australia with Credit