Wood-Pellet Maker Enviva Files for Bankruptcy - WSJ: The nation’s largest exporter of wood pellets filed for chapter 11 following a failed gamble on future commodities prices
Genesis, Gemini Must Face SEC Suit Over Crypto ‘Earn’ Program - Bloomberg: The Securities and Exchange Commission can proceed with its suit accusing Gemini Trust Co. and bankrupt cryptocurrency lender Genesis Global Capital of illegally offering unregistered securities through their interest-paying Gemini Earn product.
Electric-Vehicle Startup Fisker Prepares for Possible Bankruptcy Filing - WSJ: Troubled electric-vehicle startup Fisker FSR 3.53%increase; green up pointing triangle has hired restructuring advisers to assist with a possible bankruptcy filing, according to people familiar with the matter.
Enviva Announces Comprehensive Agreements to Delever Balance Sheet and Strengthen Financial Position | Business Wire: To implement this pre-arranged restructuring, Enviva and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia
Dollar Tree, Family Dollar to close 1,000 stores | Retail Dive: Dollar Tree Inc. plans to close 600 of its Family Dollar stores during the first half of the year, the company said Wednesday. The retailer also intends to close an additional 370 Family Dollar stores and 30 Dollar Tree stores in the coming years as leases expire, CEO Rick Dreiling said during an earnings call.
