Ending weeks, even months, of speculation, Texas-based retailer J.C. Penney filed for Chapter 11 bankruptcy protection late Friday in the Southern District of Texas. Natalie Posgate reports.
Three Weeks After Whopping Judgment, Diamondback Industries Files for Bankruptcy
Three weeks after losing the very first IP trial decided by U.S. District Judge Alan Albright, Crowley-based Diamondback Industries filed for bankruptcy protection, citing the $40 million judgment as first among their debts. Natalie Posgate has the details.
DBJ: JCPenney, Neiman Marcus Skipped Debt Payments this Week Amid Bankruptcy Reports
The DFW-based retailers skipped debt payments this week as the COVID-19 pandemic ravages retailers and reports that both are possibly in bankruptcy talks, according to multiple reports.
Paul Hastings Brings Back Restructuring Lawyer, This Time as Partner
The move returns the Blank Rome attorney to his former firm, where he last served as counsel.
CEC Entertainment Hires Weil Gotshal and PJT Partners as Advisors in Possible Restructuring
The parent company of Chuck E. Cheese and Peter Piper Pizza has created a committee to explore restructuring and financing opportunities and hired two highly-respected firms as its primary outside advisors, according to documents filed by CEC Entertainment with the U.S. Securities and Exchange Commission.