Ssense is filing for bankruptcy protection after what it described as an attempt by lenders to force a sale of the company, the Montreal-based e-tailer …
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Creditors
Saks Gets $600 Million Lifeline as Creditors Face Steep Losses
Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some creditors to accept losses …
Saks Creditors Form Majority Group Ahead of Potential Debt Talks
Saks Global Enterprises creditors that hold more than half of its $2.2 billion bond due 2029 have organised and are preparing for potential talks with …
Forever 21 Creditors Face Large Losses Under Bankruptcy Plan
Suppliers, vendors and other unsecured creditors of Forever 21 are “getting smoked” under a restructuring plan that envisions paltry recoveries on debts owed by the …
Forever 21 Bankruptcy Creditors Probing Sparc-JCPenney Tie-Up
A committee of unsecured creditors to Forever 21 Inc.’s US operator said they are “aggressively investigating” all deals made by the retailer before it filed …
The Body Shop Owed More Than £276 Million to Creditors at Time of Collapse
The Body Shop’s UK arm owed more than £276 million to creditors including landlords, suppliers, tax authorities and its international divisions when the ethical beauty …
Revlon Creditors Challenge 2020 Loan Transactions
Some of Revlon’s creditors have asked a US bankruptcy judge in Manhattan to unwind the bankrupt cosmetic giant’s 2020 loan restructuring, saying that a group …