Last updated: 2026-01-15 18:35:34 ET
Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.
The venerable retailer is seeking protection from its creditors after $2.65 billion purchase of Nieman Marcus failed to spark growth.
Saks Global was close to finalizing a $1.75 billion financing package with creditors that would allow its stores to remain open, two people familiar...
The administrators of Bowie Construction have warned unsecured creditors “it is not anticipated” that they will recover any money owed to them. In their latest progress report, Frank Wessely and Jo Leach from Quantuma said 101 claims totallin...
Any use of judicial process against the funds will interfere with efforts to "ensure economic and political stability in Venezuela," the order says.
A mechanical and electrical building services specialist that looked like it would be one of the worst-hit of ISG’s subcontractors now says that the...
The financial black hole left by ISG’s demise has deepened to more than £1bn, Construction News can reveal. Liquidators at Azets, who were appointe...
Administrators for offsite construction specialist Merit Holdings have said they are “unlikely” to recoup the £17.4m owed to unsecured creditors....
