Explore the benefits and challenges of debtor in possession (DIP) status, a key phase in the bankruptcy process, allowing ...
Effective June 2, 2026, Emblem has completed the assignment and assumption of the debtor-in-possession facility (the "DIP Facility") previously provided by Auxly Cannabis Group Inc. ("Auxly") to ...
The debtor-in-possession financing agreement will enable Sunnova to continue its core operations. Image: Sunnova. US solar residential installer Sunnova has received court approval for a US$90 million ...
HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that it has received approval for a series of strategic transactions intended to support a ...
Luxury retail group Saks Global has received court approval to access $500 million from its broader $1.75 billion debtor-in-possession (DIP) financing package, providing immediate liquidity as the ...
BCBG Max Azria secured permission to seek $15 million in financing. The retailer, which filed for bankruptcy on Feb. 28, will use the money to fund the company through its bankruptcy proceedings and ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Spirit Airlines’ parent ...
J.C. Penney got a bankruptcy court judge’s approval on $900 million in new financing, but the onerous terms could still topple the firm into liquidation. The mass merchant was expected to move forward ...
Inside the emergency financing deal that could shape who gets paid first as Spirit dismantles its grounded Airbus fleet.
ROCHESTER HILLS, Mich., November 07, 2025--(BUSINESS WIRE)--First Brands Group, LLC ("First Brands" or the "Company"), a leading global supplier of aftermarket automotive parts, today announced that ...
A debtor is a company or individual who owes money to a lender. Debtors are also often referred to as borrowers. Read about the laws that protect them.
TORONTO, June 03, 2026 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) ("RWB" or the "Company") is providing an update in connection with the ongoing insolvency proceedings of Ayurcann ...