News & Analysis
Cumulus Media Files for Chapter 11 Bankruptcy, Enters Restructuring Deal to Reduce Debt by Approximately $592 Million →
Cumulus Media Inc., operator of 394 radio stations across 84 markets, filed for Chapter 11 bankruptcy with a prepackaged restructuring plan backed by approximately 72% of its secured lenders that...
NFN8 Group Seeks Court Approval for Bidding Procedures to Sell Substantially All Assets →
NFN8 Group and its affiliates filed an amended motion seeking approval of bidding procedures for a Section 363 sale of substantially all assets, with an auction scheduled for April 8,...
Bankruptcy Court Confirms Reorganization Plan for Illinois Senior Living Nonprofit After Overruling U.S. Trustee's Objections to Third-Party Releases →
The Bankruptcy Court for the Northern District of Illinois confirmed the Chapter 11 Plan for Lutheran Home and Services for the Aged and its affiliates, overruling the U.S. Trustee's objections...