September 02, 2022
The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.
August 26, 2022
Bankrupt medical imaging technology company Carestream Health Inc. received approval Friday from a Delaware bankruptcy court to enter into a commitment with lenders slated to provide $85 million in exit financing when the company emerges from bankruptcy.
August 24, 2022
Medical imaging company Carestream Health Inc. got a Delaware federal court's permission Wednesday to tap $50 million of $80 million in bankruptcy financing, but lenders offering the company an additional $85 million in credit after it exits Chapter 11 were denied an immediate request to get their fees.
August 23, 2022
Medical imaging and testing equipment company Carestream Health Inc. filed for Chapter 11 protection Tuesday, citing declining revenue due to a shift away from its film imaging products and toward digital options with lower margins.
August 23, 2022
Medical imaging and testing product maker Carestream Health Inc. filed for Chapter 11 protection Tuesday in Delaware with a plan to slash $400 million from its $1 billion of liabilities, saying a global shift toward digital health care imaging and the effects of the COVID-19 pandemic led to the bankruptcy filing.