New York Post
This adviser could be to blame for Broadcom, iHeart's failures Sometimes M&A advisers pushing an aggressive strategy can get as roughed up as their clients. Such appears to be the case with standout restructuring adviser Ken Moelis after clients Broadcom...
iHeartMedia files for bankruptcy amid overwhelming debts iHeartMedia filed for Chapter 11 bankruptcy on Thursday as the largest US radio station owner reached an in-principle agreement with creditors to restructure its overwhelming debt load. The company, which...
Toys 'R' Us is going out of business Toys ‘R’ Us, the iconic toy retailer, will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions...
'Diva of Distressed' throws her funds into bankruptcy Lynn Tilton — known on Wall Street as the “Diva of Distressed” — just cried for the help of a bankruptcy judge. The flamboyant financier — who gained notoriety for...
Buyout firms' bankruptcy threats are losing their bite Buyout kings lately are having a harder time bullying creditors with bankruptcy threats. A year ago, lenders to radio broadcasting giant iHeart Media were getting threats from private-equity firms Bain...
iHeart pushes bankruptcy back one day for award show The creditors of iHeart are showing they have one when it comes to pushing America’s biggest radio broadcaster into bankruptcy. They plan to put the company into bankruptcy Monday night,...
Relativity Media founder skirts $110M fraud suit The founder of Relativity Media has emerged unscathed from a $110 million fraud claim that accused his bankrupt studio of misusing loans designated for specific films. Ryan Kavanaugh had been...
'Blossom' actor Joey Lawrence files for bankruptcy Their finances became so dire they had to start selling their clothes at thrift stores.