AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains original content developed by AGG’s Bankruptcy, Creditors’ Rights, & Financial Restructuring attorneys.
Industry News
Enron went bankrupt 23 years ago. Prankers have seemingly relaunched brand as 'parody.'
December 3, 2024 (USA Today)
More than two decades after the brand was sullied by fraud and some of its top executives were sent to prison, Enron is ... back?
Why The Container Store could be next retailer to go bankrupt
December 3, 2024 (MSN.com)
The Container Store rapidly gained fame through the success of Netflix's "Tidying Up" series. Today, it could be the next big retailer to go bankrupt.
Stoli Group USA, known for its vodka, files for bankruptcy
December 2, 2024 (AOL)
Stoli Group USA, LLC, has filed for Chapter 11 bankruptcy but plans to continue operations while it navigates the process.
Akamai Technologies: Bankruptcy Court Approves Bid for Edgio Assets
November 26, 2024 (The Wall Street Journal)
Akamai Technologies said a bankruptcy court approved the company’s bid to acquire certain assets from Edgio.
France, Germany, Sweden Urge EU Battery Sector Push to Avoid China Reliance
November 28, 2024 (U.S. News & World Report)
France, Germany and Sweden called on the incoming European Commission on Thursday to ensure the future of battery production in Europe and avoid relying on China to meet its needs for the green transition.
Spirit Airlines Faces Uncertain Future Amid Bankruptcy Delays and Rising Costs
November 28, 2024 (Yahoo! Finance)
Spirit Airlines Inc. faces significant business risks due to delays in their Chapter 11 bankruptcy proceedings, increasing the likelihood of unsuccessful reorganization and rising bankruptcy-related costs.
