Challenges for brick-and-mortar retailers, such as underperforming stores and chronic retail theft, has led retail operators to close stores to ease financial distress.

Spirit Airlines is reportedly scrambling for ways to deal with its debt, the latest indication of the troubles the company faces if it unable to merge with JetBlue Airways. Investors are scrambling for the exits, sending Spirit shares down 28%.

Core Scientific, Inc., a major bitcoin miner, is about to emerge from Chapter 11 bankruptcy.

Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.

Investors want an interest-rate cut. The Federal Reserve isn’t so sure the economy needs one yet. And now traders are throwing a tantrum.

Lawyers for prisoners suing Corizon Health over allegedly substandard medical care in U.S. prisons have asked a bankruptcy judge to toss the Chapter 11 case of a Corizon subsidiary, saying the prison healthcare provider's bankruptcy was a fraud from the start.

Brazilian airline Gol said on Tuesday it is discussing how to reach a "consensual" restructuring with financial stakeholders, following a media report that it was mulling filing for Chapter 11 bankruptcy protections in the United States.

U.S. beer sales had a rollercoaster year in 2023, led by a huge drop in sales of Anheuser-Busch In-Bev's (BUD) - Get Free Report Bud Light product after rock star Kid Rock in April 2023 called for a boycott of the brand following the company's partnership with transgender influencer Dylan Mulvaney on a March Madness-themed social media post.

While fried chicken sandwiches have become a key part of the menu for Popeye's, Burger King, and McDonald's, a sort of side trend has developed — Nashville Hot Chicken. Now, one of the leading chains in the Nashville Hot Chicken space has filed for Chapter 11 bankruptcy.

Black Press Ltd. and certain of its subsidiaries (collectively “Black Press” or the “Company”), announced today that it obtained an Initial Order on January 15, 2024 (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA” and the Company’s proceedings thereunder, the “CCAA Proceedings”) from the Supreme Court of British Columbia (the “Court”) in Vancouver.

AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation.