A newspaper printing company that for more than half a century produced the Ripon Commonwealth Press and other community newspapers in east-central Wisconsin died last month. He was 56 years old. The press originated in Ripon in the winter of 1965 at 306 Blackburn St., where it revolutionized the localRead More →

In today’s 3D printing briefs, we cover several different applications the technology can be used for: marine and military, electronics and medical research, and engines. New method of scanning and digital inspection for submarines saves time and money, while Israeli researchers have discovered how to achieve one-step 3D printing ofRead More →

In today’s 3D printing briefs, we cover business, software, construction, and more. Lincotek Medical continues its expansion program by investing in additive manufacturing. Xometry and Autodesk have partnered to launch a Fusion 360 application. The first 3D printed houses in Austin, Texas are hitting the market, and finally, Proto21 hasRead More →

The Ninth Circuit, in Blixseth vs. Credit Suisse961 F.3d 1074, 1078 (9th Cir. 2020), made a landmark decision on whether non-consensual third-party disclosures are ever permitted in Chapter 11 plans. Distinguishing its prior decisions on the subject, the Ninth Circuit authorized a non-consensual third-party release that was limited to exoneratingRead More →

Nordstrom shares (NYSE: JWN), the high-end specialty retailer offering apparel, footwear, cosmetics and accessories for women, men and children, has become vulnerable due to its assortment of non-essential products during the pandemic. As a result, the company’s stock has lost 24% of its value so far this year and currentlyRead More →

JJava Designs / Shutterstock.com The coronavirus pandemic has devastated the restaurant industry. As of mid-April 2020, about 30,000 U.S. restaurants had closed permanently, and more than 110,000 are expected to close by the end of October, according to National Restaurant Association estimates. And Chain restaurants are not immune to theseRead More →

SYDNEY—Australia’s second largest airline, Virgin Australia Holdings Ltd., has encouraged investors from the Middle East to China to grow rapidly and protect it from the turmoil of the global aviation industry. This strategy could not prevent the carrier from becoming one of the first victims of the coronavirus pandemic. VirginRead More →

After months filled with lost revenue and tenants closing their doors permanently, the company that owns both Westmoreland and Monroeville shopping centers has filed a claim bankruptcy protection. CBL Properties, based in Chattanooga, Tennessee, made the announcement on Monday, months after the company announced a restructuring plan to help alleviateRead More →

Cathay Pacific and Singapore Airlines are also under pressure. Six global carriers have already ceased or suspended operations. Air travel will not return to pre-pandemic levels until 2023. Bangkok (AsiaNews/Agencies) – Thai Airways International’s bankruptcy petition has been accepted. Bangkok’s central bankruptcy court has ruled in the affirmative for theRead More →

It was a sad day in May when Interview magazine – the fashion, arts and pop culture magazine founded by Andy Warhol in 1969 – has announced that it is cease its activities after years of financial difficulties. Now, however, the magazine’s longtime owner, art collector Peter Brant, is reportedlyRead More →

Ghislaine Maxwell been stopped on July 2 on sex trafficking charges related to Jeffrey Epstein’s sex trafficking ring. The British socialite is the daughter of the late media mogul Robert Maxwell. Ghislaine is well connected with elite business people: Business Insider previously reported that she posed for a photo withRead More →

The Supreme Court on Thursday heard arguments from Senior Attorney Harish Salve on behalf of the head of Reliance Communications, Anil Ambani, in a plea challenging the central government’s notification extending the provisions of the insolvency law to personal guarantors. “You can’t specify the purpose in terms of when theRead More →

An excerpt from The Restructuring Review, 13th Edition Overview of Restructuring and Insolvency Activity i Liquidity and state of financial markets Following the introduction of foreign currency (FX) lending restrictions in May 2018, which aim to limit foreign currency indebtedness of Turkish companies without foreign currency earnings, the foreign currencyRead More →

Bankruptcy cases differ from typical lawsuits in various ways, including the parties involved. While standard lawsuits generally involve a plaintiff and a defendant, bankruptcy cases have a different distribution of “players”, including debtor or debtor in possession, creditors, trustee in bankruptcy (i.e. i.e. Chapter 7 Trustee, Chapter 13 Trustee, etc.),Read More →

Apple Inc. sold $14 billion in bonds to take advantage of cheap borrowing costs, tapping the market for the third time since May as it seeks to return more cash to shareholders. The company issued a six-part debt. The longest part of the offer, a 40-year security, will yield 95Read More →

This article was originally published on the Maurice Wutscher Blog and is republished here with permission. The U.S. District Court for the Intermediate District of Florida, Division of Orlando, recently ruled that the Debtors’ FCCPA and TCPA claims did not arise out of or relate to their mortgage to fallRead More →

Shares of Packaging technologies (NASDAQ:TO WRAP UP) increased aftermarket trading following the company’s fourth quarter earnings release. Quarterly results Earnings per share decreased 11.11% over the past year to ($0.10), which matches the estimate of ($0.10). Revenues of $1,415,000 up 463.75% year over year, beating the estimate of $1,390,000. OutlookRead More →

On December 27, the latest US government relief bill was passed by Congress and signed into law by the President in response to the ongoing coronavirus pandemic. The $900 billion economic stimulus package includes a huge Allocation of $15 billion in payroll assistance for airlinesreinstating a program that had expiredRead More →

On March 27, 2020, the President signed into law the landmark Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “Act”), a $2.2 trillion stimulus package designed to mitigate the widespread economic effects of the novel coronavirus (“COVID-19[FEMININE”)Laloicomprendplusieursmodificationstemporairesauchapitre7etauchapitre13duCodeaméricaindesfaillites[1] This alert details these changes as follows: Certain federal payments excludedRead More →

FORT WORTH, Texas–(BUSINESS WIRE)–FTS International, Inc. (NYSE American: FTSI) (“FTSI” or the “Company”) today announced that it has entered into a restructuring support agreement (the “Agreement”) with approximately 75% of holders of the Company’s 6.250% Senior Secured Notes due 2022 (the “Secured Notes”) and approximately 64% of the Company’s securedRead More →

Hundreds of thousands of Louisiana workers will continue to receive a $300-a-week increase in federal unemployment benefits after President Joe Biden enacts a massive COVID relief and expense bill. Thursday. This will allow benefits to continue to be paid to a historic number of workers made redundant in the shortRead More →

During the divorce: When a bankruptcy petition is filed, an “automatic stay” is put in place, which prevents creditors from proceeding with collection actions, foreclosures, evictions, etc. Assets are frozen so that the bankruptcy court has the opportunity to determine which assets belong to the petitioner and which debts areRead More →

Introduction: The Personal Guarantor Law appears to be the next big development in the rapidly growing insolvency regime in India under IBC, 2016. The personal guarantor insolvency proceeding in India is a thin line between contract law and law. insolvency. Various questions surround the implementation of insolvency laws against personalRead More →

They had all embarked on cannabis activism after being arrested during the SWAT raids. Randy Quast, who chairs the National Marijuana Law Reform Organization known as NORML, had built a trucking business in Minnesota and sold it for $ 40 million. Travis and Leah Maurer were instrumental in the marijuanaRead More →