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January 18, 2017 17:15 ET | Source: Paragon Offshore Services LLC

Paragon Offshore Announces Agreement in Principle to Support a New Plan of Reorganization With Term Lenders and Revolver Lenders

Eliminates approximately $2.4 billion of debt through combination of cash and equitizationRe-focuses core business on North Sea, Middle East, and IndiaSecured Term Lenders and Secured Revolver Lenders...
January 16, 2017 23:00 ET | Source: Memorial Production Partners LP

Memorial Production Partners LP Commences Court-Supervised Financial Restructuring Process

Restructuring Expected to Strengthen Financial Position and Eliminate More than $1.3 Billion of Debt Operations to Continue as Normal Across Asset Base HOUSTON, Jan. 16, 2017 (GLOBE NEWSWIRE) -- ...
January 12, 2017 16:10 ET | Source: Nivalis Therapeutics, Inc.

Nivalis Therapeutics Announces Corporate Restructuring

BOULDER, Colo., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Nivalis Therapeutics, Inc. (NASDAQ:NVLS), a clinical stage pharmaceutical company focused on developing innovative solutions for people with cystic...
December 30, 2016 12:40 ET | Source: Energy XXI

Energy XXI Successfully Completes Financial Restructuring

HOUSTON, Dec. 30, 2016 (GLOBE NEWSWIRE) -- Energy XXI Ltd (“Energy XXI” or the “Company”) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11....
December 29, 2016 16:01 ET | Source: Hope Bancorp, Inc.

Hope Bancorp Announces Phase II Branch Consolidation Plan

LOS ANGELES, Dec. 29, 2016 (GLOBE NEWSWIRE) -- Hope Bancorp, Inc. (NASDAQ:HOPE), the holding company of Bank of Hope, today announced the second and final phase of its branch optimization plan...
December 23, 2016 08:25 ET | Source: Bonanza Creek Energy, Inc.

Bonanza Creek Energy Announces Agreement on Comprehensive Deleveraging and Recapitalization

BONANZA CREEK ENTERS INTO RESTRUCTURING SUPPORT AGREEMENT WITH BONDHOLDERS HOLDING MORE THAN $400 MILLION IN UNSECURED DEBTBONANZA CREEK’S DEBT TO BE REDUCED BY MORE THAN $850 MILLION...
December 13, 2016 12:48 ET | Source: Life Partners Holdings

Life Partners Inc. Exits Bankruptcy, Begins Returning Assets to Investors

WACO, Texas, Dec. 13, 2016 (GLOBE NEWSWIRE) -- H. Thomas Moran, II, the Chapter 11 Trustee for Life Partners Holdings Inc. (LPHI), today announced that the Joint Plan of Reorganization sponsored by...
December 09, 2016 17:53 ET | Source: H.B. Fuller Company

H.B. Fuller Announces Proactive Restructuring Initiative to Accelerate Growth

ST. PAUL, Minn., Dec. 09, 2016 (GLOBE NEWSWIRE) -- H.B. Fuller Company (NYSE:FUL) has announced an initiative to accelerate its growth by restructuring various parts of its business to more...
December 09, 2016 09:30 ET | Source: Emisphere Technologies, Inc.

Emisphere Restructures Debt Agreements, Providing Greater Stability for Business Growth and Expansion

ROSELAND, N.J., Dec. 09, 2016 (GLOBE NEWSWIRE) -- Emisphere Technologies, Inc. (OTCBB:EMIS) announced today that it has reached agreement with MHR Fund Management LLC, and certain of its affiliated...
December 01, 2016 11:47 ET | Source: Elbit Imaging Ltd.

Elbit Imaging Announces Approval of an Amendment of the 2014 Restructuring Plan of Its Subsidiary, Plaza Centers

TEL AVIV, Israel, Dec. 01, 2016 (GLOBE NEWSWIRE) -- Elbit Imaging Ltd. (“EI” or the “Company”) (TASE:EMITF) (NASDAQ:EMITF) announced today, in further to its announcement, dated on November 7, 2016...