Latest News for: Bankruptcy management

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Party City is no longer in business

Independent Newsgroup 21 Dec 2024
Bankruptcy and collapse ... A month after Litwin arrived, Party City was able to depart bankruptcy. It has declared bankruptcy in January 2023 ... According to the employee, management has expressed optimism about Party City’s overall business.
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Big Lots going out of business, offering final sales

Daily Bulletin 21 Dec 2024
... other items, filed for Chapter 11 bankruptcy protection in early September and said private equity firm Nexus Capital Management LP had agreed to acquire “substantially all of the company’s assets.”.
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CryptoQuant Validates Binance Liquidity Reserve Amid High Leverage Trading

CoinGape 21 Dec 2024
Of its findings, CryptoQuant singles out Binance and OKX as platforms to watch out for ... This report serves as an eye opener that can help traders manage risk per platforms they trade on. Meanwhile, FTX is at the tail end of its bankruptcy proceedings ... .
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Big Lots is closing all of its stores: Here's the list of Greater Akron locations

Record-Courier 20 Dec 2024
The company recently entered into an agreement to be acquired by Nexus Capital Management LP as part of its bankruptcy proceedings ... Big Lots has closed more than 400 stores nationwide as part of its bankruptcy process, including 20 in Ohio.
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Is Big Lots going out of business? Ohio-based retailer's bankruptcy sale falls through

Telegraph Forum 20 Dec 2024
Big Lots recently entered into an agreement to be acquired by Nexus Capital Management LP as part of its bankruptcy proceedings ... Big Lots has closed more than 400 stores nationwide as part of its bankruptcy process, including 20 in Ohio.
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Big Lots to lay off 555 workers at its corporate office as it prepares to shut down

The Columbus Dispatch 20 Dec 2024
The Thursday notice came the same day the company announced that it planned to shut down operations after failing to reach a deal with Nexus Capital Management to pull the company out of bankruptcy.
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Big Lots to lay off 555 workers at Columbus corporate office as it prepares to shut down

Cincinnati.com 20 Dec 2024
The Thursday notice came the same day the company announced that it planned to shut down operations after failing to reach a deal with Nexus Capital Management to pull the company out of bankruptcy.
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'Difficult decision': Big Lots will begin going out of business sales at all stores

Daily Review Atlas 20 Dec 2024
Just over three months after filing for Chapter 11 bankruptcy, Big Lots, Inc ... Big Lots announced it had filed for bankruptcy and entered into a sale agreement with Nexus Capital Management LP in September.
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Party City is closing all stores, including 21 in North Carolina

BlueRidgeNow 20 Dec 2024
Spirit Airlines files for bankruptcy. Spirit Airlines has filed for bankruptcy protection, citing rising losses, heavy debt, and increased competition in the budget travel market ... declaring bankruptcy.
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Party City closing all stores, including in Gastonia

Gaston Gazette 20 Dec 2024
Spirit Airlines files for bankruptcy. Spirit Airlines has filed for bankruptcy protection, citing rising losses, heavy debt, and increased competition in the budget travel market ... declaring bankruptcy.
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Big Lots fails to find buyer, announces it will shut down all remaining stores

Times Recorder - Zanesville 20 Dec 2024
in Zanesville, announced Thursday that it will shut down after failing to reach a deal to be acquired out of bankruptcy by Nexus Capital Management ... few years and in September filed for bankruptcy.
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6 local Big Lots stores to close as company announces going out of business sale

Daily American 20 Dec 2024
As USA TODAY network has reported, Big Lots announced in September that it was voluntarily filing for Chapter 11 bankruptcy as part of its tentative agreement with Nexus Capital Management.
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Ohio-based Big Lots fails to find buyer, Stark County stores among those closing

The Independent (inde) 20 Dec 2024
The store announced Thursday that it will shut down after failing to reach a deal to be acquired out of bankruptcy by Nexus Capital Management ... the past few years and in September filed for bankruptcy.
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Big Lots conducts going-out-of-business sales after sale of company falls through

The Associated Press 20 Dec 2024
The Columbus, Ohio-based seller of furniture, home decor and other items, filed for Chapter 11 bankruptcy protection ...
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All Austin-area Big Lots stores hold going out of business sales

Culture Map 20 Dec 2024
The sell-off comes after a stalled sale of Big Lots to Nexus Capital Management, which was in motion after Big Lots initiated bankruptcy proceedings under Chapter 11 in September.

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