AI-generated summary reviewed by our newsroom. Read our AI Policy. Wolfspeed exits Chapter 11 after eliminating $4B in debt and restructuring loans Creditors convert debt to equity; prior shareholders ...

(Reuters) -Chipmaker Wolfspeed said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense by roughly 60%. The company said ...

First Brands Group, LLC, a leading global supplier of aftermarket automotive parts, Monday announced that the company has filed voluntary petitions for chapter 11 relief in the United States ...

A federal judge reversed a bankruptcy plan for information-technology provider ConvergeOne Holdings, ruling it unfairly discriminated against some creditors by limiting an equity rights offering to ...

When a bank lends you money to buy a house or a car, it looks at your overall finances. How much money do you make? How much debt do you have? How good have you been at paying off past debts? It's ...

ProPhase Labs Inc. (Nasdaq: PRPH), a biotech firm with plans to build a crypto treasury, announced on Sep. 23 that its three COVID-19 testing lab units have filed for reorganization under Chapter 11 ...

Northbrook, IL-based Pinstripes Holdings, Inc., the “eatertainment” chain combining Italian American dining with bowling and bocce, filed for Chapter 11 bankruptcy earlier this month in the U.S.

Anthology Inc. is laying the groundwork for a potential Chapter 11 bankruptcy that would see some secured lenders take control of the troubled education-software provider, according to people familiar ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Cleveland Guardians’ Steven Kwan celebrates ...

The once high-flying crypto lender Voyager Digital Ltd., which filed for Chapter 11 bankruptcy in July 2022, has returned to headlines after its co-founder and former chief executive Stephen Ehrlich ...

When Apple Watch arrived in 2015, there was no way to send or receive data without an iPhone or wifi. Now these things can talk to space. It’s wild. Apple Watch Ultra 3 is the first version to include ...