Amelia Pollard

Vice Media LLC filed for bankruptcy protection and struck a deal to sell itself to creditors, punctuating a precipitous fall for the media upstart that once boasted a $5.7 billion valuation.

Its rapid downfall underscores the challenges facing digital media companies.

Seven firms filed for Chapter 11 between Sunday and Monday as rate hikes take toll

A seemingly technical clash between a bankrupt mattress seller and Apollo Global Management Inc. over debt repayments escalated into accusations of fraud and perjury, after contentious testimony from a private equity executive.

Apollo Global Management Inc. has settled a bitter dispute with Serta Simmons Bedding LLC over whether the investing giant was previously barred from buying the now-bankrupt mattress seller’s debt, but did so anyway.

Below are potentially significant dates of interest to distressed-debt investors in North and South America.

Benefytt Technologies Inc., a health insurer that struggled to sign up new customers after settling allegations it tricked individuals into buying junk coverage, filed for bankruptcy with a plan that provides fresh cash.

After four months sparring in bankruptcy court, Serta Simmons Bedding LLC and its snubbed lenders had a final standoff on Thursday as the company asked a federal judge to approve its restructuring plan.

Diebold Nixdorf Inc., which makes automated teller machines, filed for bankruptcy after striking a deal with most of its secured lenders earlier this week to restructure in court.

Diebold Nixdorf Inc., maker of automated teller machines, secured interim approval to immediately access more than $1.2 billion to fund itself through bankruptcy.