AMC Entertainment May Sell From Time to Time Up to $250m Stock
AMC Entertainment entered into an equity distribution agreement where it may offer and sell from time to time Class A common stock having an aggregate offering price of up to $250m.
A small group of <-bsp-bb-link state="{"bbHref":"bbg://securities/1738202D%20US%20Equity","_id":"0000018e-7c83-d509-adee-7dd359430001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX Trading-bsp-bb-link>customers are demanding hundreds of millions of dollars from the bankrupt crypto firm, claiming that three digital tokens known as “Sam Coins” deserve a payout even though they are closely associated with convicted fraudster <-bsp-person state="{"_id":"0000018e-7c83-d509-adee-7dd359430002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Sam Bankman-Fried-bsp-person>.
The bankruptcy cases for conspiracy theorist Alex Jones and his online media platform need a judicial mediator to help facilitate a quick resolution with families of Sandy Hook School shooting victims, a trustee said.
Bankrupt Yellow Corp. is seeking to block a Teamsters effort to assert about $257 million in debt it says the fallen trucker owes in benefit liability.
Investors slowed the flow of new money into lawsuits last fiscal year, as it became more difficult to raise capital for litigation finance.
AMC Entertainment entered into an equity distribution agreement where it may offer and sell from time to time Class A common stock having an aggregate offering price of up to $250m.
(Corrects spelling in headline.) Security-services provider ADT’s $1.38 billion deal is among three leveraged loans due on Thursday as credit markets wind down ahead of the Easter holiday. Home Depot plans to buy SRS Distribution in a deal valued at about $18.25 billion to be funded through cash and debt.
China’s protracted property downturn is eroding the balance sheets of the nation’s largest state banks as their bad loans creep up.
An investment firm founded by Russian billionaires with ties to Vladimir Putin has financed lawsuits around the world, in some cases working with the company’s directors, clients, and Russian banks in an effort to evade international sanctions.
A Michigan company that rescued a bankrupt Chicago hospital has stepped in to run operations at <-bsp-bb-link state="{"bbHref":"bbg://securities/1822065D%20US%20Equity","_id":"0000018e-8366-dd73-a18e-c76785a90000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">CarePoint Health-bsp-bb-link>, the long-troubled system across the river from Manhattan.
Claimants of a defunct Berkshire Hathaway Inc.-affiliated talc supplier and the Justice Department are challenging the formation of an official committee of law firms and professionals who’ve represented the company, saying it’ll disrupt mediation and create additional costs.
Law firm lateral hiring took a nosedive last year, with associates bearing the brunt of the slowdown in demand from corporate clients.
Evidence from the criminal trial of Sam Bankman-Fried suggests fraud was built into FTX from the very beginning.
At <-rte-company state="{"_id":"0000018e-8249-dd73-a18e-c74fec710000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Jefferies Financial Group Inc.-rte-company>, a small group of traders and analysts run by a former Navy SEAL is having an outsized impact in the crowded and contentious world of distressed debt.
<-rte-company state="{"_id":"0000018e-81b2-dd73-a18e-c7b7db110000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">B. Riley Financial Inc.-rte-company>, the boutique investment bank facing questions about its dealings with a former business partner, gained extra time from lenders to provide its audited 2023 financial statements.
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