Chester County News and Community Website
KENNETT SQUARE, PA — Genesis Healthcare Inc. has completed the sale of substantially all its operating assets to 101 W. State Street LLC, marking the conclusion of a major phase …
Genesis Healthcare Exits Chapter 11 After Asset Sale Read More
WEST CHESTER, PA — QVC Group, Inc. (Nasdaq: QVCG) emerged from Chapter 11 this month after reducing debt by more than $5 billion and securing a $600 million asset-based lending …
QVC Cuts Debt by $5 Billion, Names Interim CEO Read More WEST CHESTER, PA — QVC Group Inc. (OTCID: QVCAQ, QVCBQ, QVCPQ) last week received court approval for its Chapter 11 restructuring plan, clearing the way to reduce its debt by …
QVC Group Wins Court Approval to Cut $5.3 Billion in Debt Read More
WAYNE, PA — Trinseo PLC (OTCM: TSEOF) has filed for Chapter 11 bankruptcy protection in the United States as part of a pre-packaged restructuring agreement that will eliminate approximately $2 …
Trinseo Files Chapter 11 to Cut $2 Billion in Debt Read More
WILMINGTON, DE — The LYCRA Company emerged from Chapter 11 bankruptcy protection on May 20 after eliminating more than $1.2 billion in long-term debt and securing over $75 million in …
LYCRA Cuts Debt by $1.2 Billion, Exits Bankruptcy Protection Read More WAYNE, PA — Trinseo PLC (OTCM: TSEOF) has reached a restructuring agreement with a majority of its senior lenders that would eliminate roughly $2 billion in debt through a pre-packaged …
Trinseo Plans Bankruptcy Deal to Cut $2 Billion Debt Read More WEST CHESTER, PA — QVC Group, Inc. (NASDAQ: QVCGA, QVCGP; OTCQB: QVCGB) said it recently filed for Chapter 11 bankruptcy protection to implement a prepackaged restructuring plan aimed at reducing …
QVC Group Files Chapter 11 to Cut Debt Under Restructuring Plan Read More WILMINGTON, DE — The LYCRA Company, LLC announced it has filed a voluntary prepackaged Chapter 11 bankruptcy case in the U.S. Bankruptcy Court for the Southern District of Texas as …
Lycr a Company Files Chapter 11 to Cut $1.2 Billion in Debt Read More
MALVERN, PA — LifeScan said it has emerged from Chapter 11 bankruptcy after a court-approved restructuring that eliminated more than 75% of its prepetition debt, strengthening the balance sheet of …
LifeScan Slashes Debt, Exits Chapter 11 With New Owners and Fresh Momentum Read More MALVERN, PA — LifeScan Inc. announced that the United States Bankruptcy Court for the Southern District of Texas has approved its Chapter 11 Plan of Reorganization, clearing the way for the …
LifeScan Wins Court Approval to Exit Bankruptcy and Slash 75% of Its Debt Read More