Mall Operators CBL, PREIT File for Bankruptcy Protection

The pain that flowed from consumers to retailers with the coronavirus is now bearing down all the more on landlords, with two mall operators turning to the Chapter 11 bankruptcy process for a financial reworking. Both Chattanooga, Tenn.-based CBL Properties

Exclusive: J.C. Penney on cusp of rescue deal with landlords

NEW YORK (Reuters) – J.C. Penney Co Inc’s (JCP.N) landlords are nearing a deal to rescue the beleaguered department store chain from bankruptcy proceedings, averting a liquidation that would have threatened roughly 70,000 jobs and represented one of the most

PG&E Corp preparing $11 billion debt financing: investor

(Reuters) – California utility PG&E Corp (PCG.N) is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company’s funding plan said on Friday, sending its shares up more than 12%.

PG&E Corp preparing $11 billion debt financing: investor

(Reuters) – California utility PG&E Corp (PCG.N) is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company’s funding plan said on Friday, sending its shares up more than 12%.

California regulator approves PG&E's Chapter 11 reorganization plan

(Reuters) – PG&E Corp said on Thursday its Chapter 11 reorganization plan has been confirmed by a California power regulator, bringing the power provider one step closer to emerge from bankruptcy and participate in a state-backed wildfire fund. The decision