Bankruptcy & Restructuring News Headlines for Thursday Feb 29, 2024

Here's what we are reading this morning:

Wood pellet maker Enviva faces deadline as financial uncertainty looms: After missing a $24.4 million bond payment in January, the company entered negotiations with its lenders. The deadline for those talks, already extended once, to wrap up is early March

Crypto Leverage Is Roaring Back, Fueling Latest Bitcoin Surge - Bloomberg: After a dry spell of several years, leverage is roaring back into crypto — helping to fuel a new bull run in Bitcoin and a fresh wave of worries.

Regal Cinemas' Post-Bankruptcy Plan Revealed By CEO: Despite the industry being adrift of pre-pandemic box office levels, Acuna said exhibitors had gotten better at maximizing profits, in part from great concession sales and higher ticket prices.

Crypto Exchange Gemini to Return $1.1 Billion to Customers in Regulator Settlement - WSJ: New York’s financial regulator also fined the company about $37 million over compliance failures

Older Post Newer Post