FTI to advise on restructuring as Claire’s files for bankruptcy – Consultancy.uk

Teen-targetted US jewelery chain Claires has become the latest bricks-and-mortar retailer to file for bankruptcy, with FTI Consulting reportedly advising on restructuring of the group. The companys collapse comes just weeks after the collapses of toy store Toys R Us, which was said to have fallen prey to heightened online competition, paired with an unsustainable…

Schulte Roth & Zabel Announces Addition of Leading Corporate Restructuring Lawyer Kristine Manoukian – Litigation Finance Journal (blog)

NEW YORK(BUSINESS WIRE)Schulte Roth & Zabel (SRZ) announces the addition of Kristine Manoukian as a partner in the Business Reorganization Group, resident in the firms New York office. Ms. Manoukian joins the firm from Clifford Chance, where she was a partner in the financial restructuring group. Specializing in corporate restructuring and bankruptcy, Ms. Manoukian represents informal and official…

Pacific Drilling Announces Fourth-Quarter and Full-Year 2017 Results – Business Wire (press release)

LUXEMBOURG–(BUSINESS WIRE)–Pacific Drilling S.A. (OTC: PACDQ) today announced a net loss for fourth-quarter 2017 of $129.7 million, or $6.08 per diluted share, compared to a net loss for third-quarter 2017 of $157.5 million, or $7.38 per diluted share. Net loss for full-year 2017 was $525.2 million, or $24.64 per diluted share. On November 12, 2017…

EV Energy Partners Files for Chapter 11 to Implement Debt Restructuring and Files Its Form 10-K for 2017 – GlobeNewswire (press release)

HOUSTON, April 02, 2018 (GLOBE NEWSWIRE) — On March 14, 2018, EV Energy Partners, L.P. (NASDAQ:EVEP) and its subsidiaries (collectively, EVEP or the Company) announced that the Company entered into a restructuring support agreement (RSA) with certain holders of approximately 70 percent of its 8.0% senior notes due 2019 (the Senior Notes) and lenders holding…