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Britannia pays down vendor loan with £1.7mm of funds on handExtends vendor note into 2022 to facilitate due diligence timeline for new debt facilityBritannia commits to an additional 10% interest in operating
HOUSTON, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Harvest Oil & Gas Corp. (OTC Expert Market: HRST) (“Harvest” or the “Company”) today announced that on...
To embed, copy and paste the code into your website or blog: On April 19, 2021, the U.S. Supreme Court declined to hear the appeal of a landmark 2019 decision issued by the U.S. Court of Appeals for the Second Circuit regarding the applicability of the Bankruptcy Code's safe harbor for certain securities, commodity, or forward contract payments to prevent the avoidance in bankruptcy of $8.3 billion in payments made to the shareholders of Tribune Co. as part of its 2007 leveraged buyout ("LBO"). In its 2019 ruling, the Second Circuit reaffirmed an earlier decision that creditors' state law fra...
Introduction One year ago, we wrote that the large business bankruptcy landscape in 2019 was generally shaped by economic, market, and leverage factors, with notable exceptions for disastrous wildfires, liabilities arising from the opioid crisis, price-fixing fallout, and corporate restructuring shenanigans. The year 2020 was a different story altogether. The headline was COVID-19. The pandemic may not have been responsible for every reversal of corporate fortune in 2020, but it weighed heavily on the scale, particularly for companies in the energy, retail, restaurant, entertainment, health c...
/PRNewswire/ -- BankProv, an innovative, commercial bank that finds solutions for business and private clients, has promoted Kevin Barton to Senior Vice...