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News Stories (2 Results) - Debtor in Possession

Gordon Brothers served as the agent for a $150 million debtor-in-possession term loan for Big Lots Inc. The U.S. closeout retailer focused on value will use the DIP loan during ongoing Chapter 11 bankruptcy proceedings to support the going-concern... Read Story
October 29, 2024, 06:50 AM


Bristow Group Inc. (BRS) announced that the company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. Bristow intends to use the proceedings to restructure and strengthen its balance... Read Story
May 13, 2019, 07:25 AM