Dorothy Ma

Bankrupt Tupperware Brands Corp. was allowed to pay utility bills and workers for the next couple of weeks, but beyond that the path forward for the household food storage company remains uncertain.

Tupperware filed for bankruptcy in mid-September after years of sales declines, operational stress, and recent failures in finding a buyer.

(Bloomberg) -- The litigation-financing industry could see new demand from an increase in health care lawsuits, according to Christopher Bogart, chief executive officer of litigation funder Burford Capital Ltd.

Textile company Lycra Co. is in talks with its creditors about extending its more than $1 billion in looming debt maturities.

Gritstone Bio Inc., a vaccine developer that once touted its ability to make a next-generation Covid-19 shot, filed for Chapter 11 bankruptcy in Delaware Thursday.

Private equity firm Nexus Capital Management is working with Big Lots Inc.’s lenders to get roughly $750 million in financing as part of a previously announced deal to acquire the retailer out of bankruptcy, an attorney for the discount chain said in a Monday court hearing in Delaware.

Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge overseeing the bankruptcy.

Solar installer Lumio Holdings Inc. won US bankruptcy court approval on Friday to sell its business to Zeo Energy Corp., saving the company from liquidation demanded by some creditors.

Wellpath Holdings Inc., one of the largest providers of health-care services to prisons and jails across the US, has filed bankruptcy after failing to meet its debt obligations while grappling with high labor costs.

Dorothy Ma and Dayana Mustak 1 min read In This Article