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Express Risks Liquidation If Buyout Deal Can’t Be Reached Soon

<-rte-company state="{"_id":"0000018f-0cb5-d583-afbf-cefd51b20000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Express Inc. said it could be forced to liquidate if the bankrupt clothing retailer can’t complete a proposed buyout relatively quickly.

Celsius Ordered on Appeal to Arbitrate With Rig Developer

Celsius Mining must arbitrate a dispute with a crypto mining facility rather than litigate the issue through its bankruptcy, a district court ruled.

FTX to Auction Off More Solana This Week, Potential Bidders Say

The bankruptcy estate of the failed <-bsp-bb-link state="{"bbHref":"bbg://securities/1821506D%20US%20Equity","_id":"0000018f-0cb8-d583-afbf-cefc4a0d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX cryptocurrency exchange plans to auction off another unspecified amount of <-rte-company state="{"_id":"0000018f-0cb8-d583-afbf-cefc4a0d0001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Solana tokens this week, according to people familiar with the sale.

Uniti Group, Windstream Said to Near $15 Billion Combination

Uniti Group Inc. is in advanced talks to reunite with telecommunications provider <-rte-company state="{"_id":"0000018f-0cc7-d583-afbf-cedfb97a0001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Windstream in a merger that could be valued at up to $15 billion, including debt, according to people familiar with the matter. Uniti rose as much as 13%.

Archdiocese Fails to Shed Insurance Suit Over Sex Abuse Claims

Chubb Ltd.‘s lawsuit arguing it shouldn’t have to pay the Archdiocese of New York for liabilities incurred in thousands of sex abuse lawsuits was revived by a New York appellate court on Tuesday.

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Ted Baker Canada Seeks Court Protection in Toronto, US

Fashion retailer Ted Baker has put its Canadian operations into a form of bankruptcy in Toronto, according to Wednesday <-bsp-bb-link state="{"bbHref":"bbg://screens/BBLS%20DD%20X5FU170BAKI95HR865M1HQTFUG7","_id":"0000018f-1225-d583-afbf-d2fd04d80000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">court filings.

Creditors to Canada’s Telesat Hire Evercore, Lincoln for Advice

Some creditors to <-rte-company state="{"_id":"0000018f-1200-d583-afbf-d2dc65da0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Telesat Corp. have tapped Evercore Inc. and <-bsp-bb-link state="{"bbHref":"bbg://securities/8126967Z%20US%20Equity","_id":"0000018f-1200-d583-afbf-d2dc65da0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Lincoln International for advice as the company’s debt trades at deeply distressed levels, according to people with knowledge of the situation.

Amaggi Launches Fertilizer Company with Brazilian Co-op

<-bsp-bb-link state="{"bbHref":"bbg://securities/0812051D%20VI%20Equity","_id":"0000018f-11f2-d583-afbf-d3feb4b50001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Amaggi, one of Brazil’s biggest agriculture groups, has partnered with a large rural cooperative and others to launch a fertilizer producer, according to a statement from Tello, the new venture.

FDIC Is Said to Approach Potential Buyers of Republic First

The Federal Deposit Insurance Corp. is in talks with potential acquirers for <-rte-company state="{"_id":"0000018f-11fb-d583-afbf-d3ff382a0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Republic First Bancorp Inc., according to people with knowledge of the matter.

Canadian Computer Firm Sandvine Adds PJT to Debt Team

Computer networking company <-rte-company state="{"_id":"0000018f-11a4-d583-afbf-d3fcd65c0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Sandvine added investment bank PJT Partners to the team advising it on how to address upcoming debt maturities, according to people with knowledge of the matter.

Franchise Group Lenders Tap Gibson Dunn Amid Kahn Dealings

Some lenders to <-rte-company state="{"_id":"0000018f-1178-d583-afbf-d3fc14a80000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Franchise Group Inc. are seeking legal advice as $1.1 billion of debt maturities loom and the alleged business dealings of its former chief executive officer Brian Kahn in a fraud case have come to light.

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