Bankruptcy

Real-estate brokerage Redfin Corp. has agreed to buy apartment search site operator RentPath Holdings Inc. out of bankruptcy for $608 million, in a deal that would combine operators of leading U.S. property listing websites for purchasing and renting a home.

China's Luckin Coffee has filed for bankruptcy protection.

A plea agreement suggested a sentence of up to 18 months in prison

The NRA claims that a restructuring plan is a "proven mechanism for streamlining legal and business affairs." 

Sycamore Partners will retain majority control of Belk, according to an agreement it reached with some of Belk’s creditors

The growing popularity of food delivery has been a problem for Cici’s, especially since the COVID-19 pandemic has forced many diners across the country to stay home.

The company also said it presumed it would continue to make progress in negotiations with theater landlords over lease payments.

The National Rifle Association has filed for bankruptcy, and plans to ditch what CEO Wayne LaPierre described as “the toxic political environment of New York” and move its headquarters to Texas.

J.C. Penney is closing even more stores in March of 2021. 

Ascena Retail Group Inc. has won court approval to sell its Ann Taylor, Lane Bryant, Loft and Lou & Grey retail brands out of bankruptcy to private-equity firm Sycamore Partners in a deal valued at about $1 billion.

In November, the U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement in which substantially all of J.C. Penney’s retail and operating assets would be acquired by its two largest landlords and its primary lenders.

Houston-based Francesca's said in November that it would close roughly 140 of its boutiques--which sell apparel, jewelry, accessories and gifts--by the end of January, leaving about 560 in operation.

The hike takes effect March 1 and is expected to boost the bills of PG&E's residential customers by an average of $13.44 a month

National discount department store chain Stein Mart filed for bankruptcy in August after 112 years in business.

November bankruptcy filings in the U.S. hit a 14-year low, driven by a decline in individuals filing for protection from creditors as they continue to enjoy the benefits of eviction moratoriums and other government assistance stemming from the coronavirus pandemic.

The company in July announced plans to cut its workforce by 20% and shut as many as 500 stores

Guitar Center owns nearly 300 stores across the country

The deal marks REV's latest purchase of a retail brand since Covid-19 began spreading in the U.S. Earlier this year, the company bought the e-commerce business of Pier 1 Imports Inc. and the trademark assets of Modell's Sporting Goods out of bankruptcy.

The company expects to file voluntary petitions for reorganization following Chapter 11 in the U.S. bankruptcy court