Restructuring & Recapitalization Business development news stories are included in this section, with emphasis on corporate entities that are planning for, or currently undergoing restructuring or recapitalization efforts.

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Sep 29, 2020, 15:37 ET iAnthus Provides Update on Final Court Order Hearing

Final Court Decision Has Not Been Given NEW YORK and TORONTO, Sept. 29, 2020 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the...


Sep 29, 2020, 14:11 ET The City of Córdoba Announces Decision To Enter into a 30-Day Interest Payment Grace Period to Continue Discussions with Noteholders

The city of Córdoba ("Córdoba" or the "City") announced today that it has elected to enter into a 30-day interest payment grace period and defer...


Sep 28, 2020, 19:30 ET Bouchard Transportation Co., Inc. To Restructure Through Chapter 11 Proceeding

Bouchard Transportation Co., Inc. (privately held) ("Bouchard" or the "Company"), the nation's largest independently-owned ocean-going petroleum...


Sep 25, 2020, 13:24 ET Neiman Marcus Group Completes Chapter 11 Process; Emerges with Strengthened Capital Structure

Neiman Marcus Holding Company, Inc. (formerly the "Neiman Marcus Group LTD LLC") (the "Company") today announced it has emerged from voluntary...


Sep 24, 2020, 16:17 ET Insurance Acquisition Corp. Schedules Special Meeting for October 13th to Approve Business Combination with Shift, Bringing the Newest Pure-Play in the Used Car Auto Ecommerce Market to the Public Markets

Shift Technologies Inc. ("Shift"), a leading end-to-end ecommerce platform on a mission to make buying or selling a used car fun, fair, and...


Sep 24, 2020, 09:00 ET Covanta Unveils Redesigned Website

Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions is inviting visitors to explore its newly redesigned website at Covanta....


Sep 24, 2020, 07:00 ET Hi-Crush Inc. Announces Successful Confirmation of Plan of Reorganization

Hi-Crush Inc. (OTCMKTS: HCRSQ), ("Hi-Crush" or the "Company"), a fully-integrated provider of proppant logistics solutions, today announced that the...


Sep 23, 2020, 06:00 ET Mars Food Announces The UNCLE BEN'S® Brand Will Change Its Name To Ben's Original™

Today, Mars Food announced it will change the UNCLE BEN'S® Brand to Ben's Original™, signaling the brand's ambition to create a more inclusive future ...


Sep 21, 2020, 09:03 ET JinkoSolar Announces Strategic Plan of its Subsidiary to Access China's Capital Markets

JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today...


Sep 18, 2020, 20:46 ET Final Court Order Hearing

Response materials due no later than 4:00 p.m. (Vancouver time) on Monday, September 21, 2020 Hearing scheduled for 10:00 a.m. (Vancouver time) on...


Sep 18, 2020, 08:30 ET Oasis Petroleum Enters Interest Payment Grace Period to Continue Discussions with Lenders and Noteholders

Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis Petroleum" or the "Company") today announced that the Company elected to enter into a 30-day grace period...


Sep 16, 2020, 12:54 ET BRK Completes Restructuring and Materially Increases Shareholder Participation in Project Phoenix

BRK, Inc. (the "Company") (OTC: BRKK) is pleased to inform its shareholders that the final step of its corporate restructuring has been achieved with ...


Sep 16, 2020, 11:54 ET G2 Capital Advisors Serves As Chief Restructuring Officer To The Paper Store And Successfully Executes A 363 Sale Process In Under 50 Days

CLIENT At its inception more than 55 years ago, the original vision of The Paper Store ("TPS" or the "Company") was to serve as a local retailer...


Sep 16, 2020, 07:00 ET PharmHouse Pursues Formal Restructuring

Joint venture seeks creditor protection while it restructures its business, financial obligations Canopy Rivers to provide up to $7.2 million in...


Sep 15, 2020, 14:59 ET School Specialty, Inc. Finalizes Recapitalization and Sale of Business

School Specialty, Inc., a leading provider of educational products and services to the Pre-K- 12th grade market in the U.S. and Canada., today...


Sep 15, 2020, 09:00 ET Valaris plc Announces Expiration of Joinder Period

Valaris plc (OTC: VALPQ) ("Valaris" or the "Company") today announced that the joinder period under its Restructuring Support Agreement (the "RSA")...


Sep 15, 2020, 09:00 ET Venture Café New England Appoints New President and Announces Rebrand

Venture Café New England, a tax-exempt 501(c) (3) non-profit which has championed small businesses and aspiring entrepreneurs by providing free...


Sep 15, 2020, 08:11 ET SnackNation Is Now Caroo, the Employee Care and Gifting Platform for the Flexible Enterprise

Today SnackNation evolves beyond snacks and unveils its new brand - Caroo, the world's first software-enabled Employee Care platform for today's...


Sep 14, 2020, 06:30 ET Western Midstream Announces Board, Management Transitions

Today Western Midstream Partners, LP (NYSE: WES) ("WES") announced a re-composition of the board of directors (the "Board") of Western Midstream...


Sep 14, 2020, 06:00 ET /R E P E A T -- The Two Leading Proxy Advisory Firms Unanimously Recommend Shareholders Vote Against the Calfrac Management Transaction/

Glass Lewis reverses their original recommendation and now both Glass Lewis and ISS recommend that Shareholders vote AGAINST the Management...


Sep 11, 2020, 18:47 ET The Two Leading Proxy Advisory Firms Unanimously Recommend Shareholders Vote Against the Calfrac Management Transaction

Glass Lewis reverses their original recommendation and now both Glass Lewis and ISS recommend that Shareholders vote AGAINST the Management...


Sep 11, 2020, 09:00 ET Calfrac Shareholders: There Are 26 Million Reasons to Vote Against the Management Transaction

Wilks reminds Calfrac shareholders to vote AGAINST the Management Transaction $0.18 per Calfrac share under Wilks' Premium Offer is far superior to...


Sep 11, 2020, 06:00 ET Hornbeck Offshore Completes Reorganization And Emerges From Chapter 11

Hornbeck Offshore Services, Inc. (the "Company") announced that on September 4, 2020 (the "Effective Date") the Company emerged from Chapter 11...


Sep 10, 2020, 13:00 ET J.Crew Group Successfully Emerges From Financial Restructuring Process Positioned for Sustainable and Profitable Growth

J.Crew Group (the "Company") today announced that it has successfully completed its financial restructuring process and emerged from Chapter 11 well...


Sep 10, 2020, 07:30 ET Turquoise Hill announces an update on funding discussions with Rio Tinto

MONTREAL, Sept. 10, 2020 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") is today providing an update on...