Amid setbacks in its turnaround, Kohl’s lowers guidance again | Retail Dive: Traffic, sales and profits declined in Q3, and the department store is reversing course in some areas after its tactics backfired
Telecom Firm Digicel Tells Lenders It Reported Itself to DOJ: Digicel Group told creditors it is cooperating with the US Justice Department over potential violations of the Foreign Corrupt Practices Act
Caremax Inks $100 Million Clinic Sale Deal with ClareMedica: Bankrupt health-care provider Caremax Inc. has reached a sale deal with ClareMedica Health Partners, setting a $100 million auction floor price for the majority of its operating clinic business
SDNY Amends Local Bankruptcy Rules To Streamline Chapter 11 Processes | Insights | Skadden, Arps, Slate, Meagher & Flom LLP: The U.S. Bankruptcy Court for the Southern District of New York (SDNY) has issued a general order amending its Local Bankruptcy Rules. The amendments introduce a broad set of changes that will impact all types of bankruptcy cases and proceedings in the SDNY, including “mega cases,” where a debtor’s assets or liabilities exceed $100 million
