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Chapter 11 filings by indebted companies jump in May, including five during a 24-hour span
In the case of Vice and Envision, running out of cash and bad business models were no bar to raising more money
Struggling group agrees to sell to consortium that includes Soros Fund Management and Fortress
Tensions with Sixth Street Partners reveal the knife-edge nature of distressed-debt investing in a weaker economy
Low-cost carrier claims Pratt & Whitney’s failing engines led to grounding of half its fleet
Serta Simmons bankruptcy ruling has opened the door to aggressive new tactics
Once popular US home goods retailer failed to keep up with the rise of online shopping
Bank of England’s quarterly survey points to squeeze on borrowers caused by increase in interest rates
US bankruptcy may be a tolerable, if imperfect, forum for resolving these cases
Healthcare company tries to put thousands of lawsuits behind it with latest offer to plaintiffs
Judge approves plan to end cosmetics group’s three-year fight with creditors over errant $900mn payment by Citigroup
Chief Mooky Greidinger says agreement is ‘vote of confidence’ in cinema chain
Chain entered Chapter 11 bankruptcy last year and is currently run by grandson of founder
Serta Simmons court decision is milestone in ‘creditor-on-creditor violence’ litigation
Creditors believe cash under banking regulator’s control could be used to repay them
Company to use court-supervised process to salvage value from surviving units
Dallas judge’s novel that features a financier is raised in court battle
Hint: Not the lenders
Struggling ‘zombie’ companies kept afloat by government support are folding as costs rise
Rising costs and interest rates are fuelling UK company defaults and demand for advice
Angelo Gordon’s positions differ in contested Revlon and Serta Simmons bankruptcies
More than 500 businesses fold as sector struggles with rising costs and falling demand
UK to design ‘digital pound’ that could fend off a future private tech rival
Ruling by US court will make companies think twice about using Chapter 11 schemes to handle lawsuits
Ruling from US appeals court casts doubt on future of contentious ‘Texas two-step’ manoeuvre
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