Bankruptcy & Restructuring News Headlines for Friday Apr 12, 2024

Here's what we are reading this morning:

VistaJet Yearly Earnings Drop as Private Jet Firm’s Debt Pile Grows - Bloomberg: VistaJet Group Holding Ltd., one of the world’s biggest private jet firms, saw its adjusted earnings drop roughly 5% last year as it debts mounted, according to documents seen by Bloomberg.

Dollar stores are shutting down across America. They did this to themselves | CNN Business: Years of strategic mistakes and underinvestment have plagued Family Dollar and 99 Cents Only, retail analysts say. Both brands were acquired by other companies and faltered under their new owners.

Judge Won’t Accept Prison Health Provider YesCare’s $54 Million Bankruptcy Deal - WSJ: A Houston judge also kept a YesCare affiliate in chapter 11, denying inmates’ request to dismiss its Texas Two-Step bankruptcy case

Mobile Internet Provider Anuvu Engages Lazard for Asset Sale - WSJ: The company formerly known as Global Eagle Entertainment is pursuing a sale of its maritime business

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