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Hurricane Energy Fights for Survival as Creditors Take Control

2021-04-30 19:05:00| OGI

A proposed debt restructuring effectively gives its creditors control of Hurricane Energy and the announcement drove its share price down to a record low of 1.39 pence.

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Guitar Center Mulls Restructuring with Creditors Taking Control

2020-10-26 21:35:00| National Real Estate Investor

The chain is considering available options to manage its debt load, including bankruptcy.

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Frontier asks creditors to craft turnaround, bankruptcy plan by mid-March - report

2020-01-20 15:04:00| Telecompaper Headlines

(Telecompaper) Frontier Communications has asked its creditors to put together a turnaround plan by mid-March that would include filing for bankruptcy, the Seattle Times reported, citing sources familiar with the matter. New CEO Bernie Han and other executives have met with creditors and advisers and told them the company wants to negotiate a pre-packaged agreement before USD 356 million of debt payments come due on 15 March. The meeting was private.

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