Search results
Results From The WOW.Com Content Network
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2023" The following 177 pages are in this category, out of 177 total. This list may not reflect recent changes .
America’s largest party supplier filed for bankruptcy in 2023, hurt by big-box retailer competition, rising costs during the pandemic — and a helium shortage. People shop in a Party City store ...
Pages in category "Companies that filed for Chapter 7 bankruptcy in 2023" The following 16 pages are in this category, out of 16 total. This list may not reflect recent changes .
Party City. In a move to cut its mounting debt, Party City filed for Chapter 11 bankruptcy protection in January. The retailer has accumulated $1.7 billion in debt after years of declining sales ...
Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on costs by closing locations. Here are some of the most notable bankruptcies of 2024 ...
On March 14, 2023, Diamond Sports filed for Chapter 11 bankruptcy, [24] 30 days after they failed to make a $140M interest payment. [25] Diamond's first-lien lenders will not be affected as part of the restructuring support agreement, but other creditors will convert their debt into equity.
This year has accelerated emerging trends leading to many bankrupt companies. Prior to the novel coronavirus pandemic, sectors like energy and oil were falling out of favor to a degree. Clean ...
Later, on November 29, 2023, Unity announced an additional 265 layoffs, constituting 3.8% of its workforce, as part of a "company reset," according to Reuters. Most of the affected workers (256) were from the Wētā Digital division, which Unity had acquired for $1.6 billion in 2021, along with several Wētā FX tools and 275 employees. On May ...