News

Eight firms are set to guide seven companies projected to raise more than $3.4 billion through initial public offerings during the week of Jan. 29, led by an estimated $1 billion initial public offering from a real estate investment trust formed by C read more

The New York bankruptcy judge presiding over Aeropostale’s Chapter 11 case said Thursday that the teen fashion retailer can soon begin soliciting votes on its debt restructuring plan, but non-voting creditors and shareholders may have to opt in read more

The government of Puerto Rico will seemingly lack the funds to pay off its choking level of debt over the next five years, according to revised fiscal plans unveiled late Wednesday predicting a $3.4 billion budget deficit through fiscal 2022. read more

A New York federal judge on Wednesday found the trustee of bankrupt Lyondell Chemical Co. can’t claw back $300 million in credit line repayments from private equity mogul Leonard Blavatnik but can bump its breach of contract damages from $8 mil read more

The Second Circuit told a group of former Lehman Brothers Inc. workers Thursday they can’t cash in either the restricted stock units they received in compensation or the units they were promised but didn’t receive, saying both are securit read more