Marathon Asset Management CEO Sees ‘Amazing’ Opportunity in Real Estate: Trillions of dollars of problematic commercial real estate will have to be worked out over the next two to three years, creating an “amazing amount of opportunity” for investors, according to Marathon Asset Management Chief Executive Officer Bruce Richards
One of B. Riley’s Latest Deals Becomes Its Newest Headache: B. Riley Financial Inc., the boutique investment bank that’s been whipsawed by a US probe into a former business partner, a string of losses and a plunging stock price, has a new headache: a struggling Texas home-furnishings chain it doesn’t even own
Retail sales unchanged in June from May, underscoring shoppers' resilience | AP News: Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy.
'They struggle to find their place': What went wrong at Big Lots: With dozens of store closures and large declines in sales, retail analysts and brokers expect retailer Big Lots could be nearing bankruptcy.
Ex-Billionaire Loses Control of Byju’s in Big Blow to India Tech - Bloomberg: The storied founder of Byju’s is losing control of his eponymous company after an Indian court pushed it into insolvency, a landmark ruling that may seal the fate of a startup that once symbolized India’s technology ambitions
Dynata Announces Full Emergence from Prepackaged Chapter 11: Dynata Exits court-supervised restructuring process with significantly deleveraged balance sheet and new financing to support the Company's transformation plan
SVB Financial Plan Violates High Court’s Purdue Ruling, DOJ Says: SVB Financial Group’s reorganization plan exceeds the scope of bankruptcy law and violates the US Supreme Court’s recent ruling that forbids nonconsensual, third-party litigation releases, the government said.
