Sign up today for access to member-only content -- unique and timely industry insight that only Leveraged Finance News can deliver.
  • LeveragedFinanceNews.com one-month trial subscription
  • Free e-newsletters
  • Latest market data and statistics

Distressed

News

Blockbuster Misses Another Interest Payment

Blockbuster missed another interest payment on bonds and is prevented from doing so because of missed payments to more senior bondholders, the company said in filing...

Deutsche Bank Adds HY Staff in London

Deutsche Bank added two new professionals to its high yield trading staff in London, the bank announced...

Court Appoints Mediator for Tribune

The court handling the Chapter 11 bankruptcy case of Tribune appointed a mediator who will help negotiate a settlement to the controversial bankruptcy case...

AbitibiBowater Names New Board

AbitibiBowater announced a new board of directors Thursday. The Montreal-based newsprint and commercial printing company is in the process of reorganizing in its effort to emerge from bankruptcy...

Visteon Reorg Plan Wins Court OK

Visteon won court approval for its plan of reorganization, the Van Buren Township, Mich.-based auto parts maker announced Tuesday. The company expects to exit bankruptcy by Oct. 1...

Radio One Extends Exchange Offer Again

Washington, D.C.-based radio broadcaster Radio One again extended its exchange offer, which has come up short of the minimum amount it needs tendered...

Kurtzman Carson Adds Restructuring Head

Kurtzman Carson Consultants, an El Segundo, Calif.-based provider of bankruptcy administrative services, added a director of corporate restructuring services, the firm announced Tuesday...

Tronox Reaches Agreement with Creditors

After more than a year and half of legal struggle, Tronox has reached an agreement with its creditors that will allow it to emerge from bankruptcy “in the coming months,” the company announced...

Oriental Trading Files for Bankruptcy, Nets DIP

After filing for Chapter 11 Wednesday in Delaware , Omaha, Neb.-based Oriental Trading has reached an agreement on the terms of a pre-arranged reorganization plan with the company’s...

Trico Marine Files for Bankruptcy

Trico Marine Services filed for bankruptcy protection for its U.S. companies and subsidiaries, the Woodlands, Texas-based shipping concern announced ...

More