Showing 1 to 12 of 20 results
Spanish Shopping Mall Oasiz Seeks 3-Month Bankruptcy Extension
Oasiz, a shopping mall near Madrid's Barajas airport, owned by Carlotta Iberia, has requested a three-month extension to its pre-bankruptcy process, aiming to finalize negotiations for a restructuring plan, supported by over 50% of creditors and a favorable report from Lexaudit Concursal.
Spanish Shopping Mall Oasiz Seeks 3-Month Bankruptcy Extension
Oasiz, a shopping mall near Madrid's Barajas airport, owned by Carlotta Iberia, has requested a three-month extension to its pre-bankruptcy process, aiming to finalize negotiations for a restructuring plan, supported by over 50% of creditors and a favorable report from Lexaudit Concursal.
Progress
24% Bias Score
Spirit Airlines Re-enters Bankruptcy
Budget airline Spirit Airlines filed for a second bankruptcy protection on Friday, citing challenges in rebounding from the pandemic and facing increased competition, despite previous restructuring efforts.
Spirit Airlines Re-enters Bankruptcy
Budget airline Spirit Airlines filed for a second bankruptcy protection on Friday, citing challenges in rebounding from the pandemic and facing increased competition, despite previous restructuring efforts.
Progress
28% Bias Score
Blackstone Renegotiates \$3 Billion Quasar Debt Amidst Heavy Losses
Blackstone is renegotiating over \$3 billion in debt for Quasar, a Spanish real estate firm holding assets from Banco Popular, facing \$4.55 billion in losses over six years, with Santander exiting the company, leaving Blackstone with 97.06% ownership.
Blackstone Renegotiates \$3 Billion Quasar Debt Amidst Heavy Losses
Blackstone is renegotiating over \$3 billion in debt for Quasar, a Spanish real estate firm holding assets from Banco Popular, facing \$4.55 billion in losses over six years, with Santander exiting the company, leaving Blackstone with 97.06% ownership.
Progress
40% Bias Score
Nissan to Sell Renault Stake to Accelerate Recovery
Nissan plans to sell its $2 billion stake in Renault to improve its financial health, addressing a $1.8 billion operating loss in 2024 and projected losses until 2029, despite ongoing collaborations on vehicle production.
Nissan to Sell Renault Stake to Accelerate Recovery
Nissan plans to sell its $2 billion stake in Renault to improve its financial health, addressing a $1.8 billion operating loss in 2024 and projected losses until 2029, despite ongoing collaborations on vehicle production.
Progress
40% Bias Score
Naples Transfers Municipal Properties to Invimit Amidst Debt Crisis
The city of Naples is transferring municipal properties to Invimit, a 100% Mef-owned company, as part of the "Patto per Napoli" agreement to manage its debt; however, critics argue this is effectively privatization of public assets and a short-term solution with long-term risks.
Naples Transfers Municipal Properties to Invimit Amidst Debt Crisis
The city of Naples is transferring municipal properties to Invimit, a 100% Mef-owned company, as part of the "Patto per Napoli" agreement to manage its debt; however, critics argue this is effectively privatization of public assets and a short-term solution with long-term risks.
Progress
60% Bias Score
German Cooperative Banks Tighten Rules After €500 Million in Bailouts
Following nearly €500 million in bailout costs for three German cooperative banks in 2024, the BVR is strengthening its rescue network's rules to increase accountability for high-risk ventures and prevent future costly interventions.
German Cooperative Banks Tighten Rules After €500 Million in Bailouts
Following nearly €500 million in bailout costs for three German cooperative banks in 2024, the BVR is strengthening its rescue network's rules to increase accountability for high-risk ventures and prevent future costly interventions.
Progress
40% Bias Score
Thames Water's £20.5bn Rescue Plan
A consortium of lenders, London & Valley Water, proposed a £20.5bn investment plan to rescue Thames Water, including £9.4bn for sewage and water asset improvements over five years, aiming to avoid nationalization.
Thames Water's £20.5bn Rescue Plan
A consortium of lenders, London & Valley Water, proposed a £20.5bn investment plan to rescue Thames Water, including £9.4bn for sewage and water asset improvements over five years, aiming to avoid nationalization.
Progress
40% Bias Score
Spirit Airlines Files for Chapter 11 Bankruptcy Again
Spirit Airlines, a Florida-based budget airline, has voluntarily filed for Chapter 11 bankruptcy for the second time in less than a year, citing the need for a comprehensive restructuring to address its financial and operational challenges and improve its long-term success.
Spirit Airlines Files for Chapter 11 Bankruptcy Again
Spirit Airlines, a Florida-based budget airline, has voluntarily filed for Chapter 11 bankruptcy for the second time in less than a year, citing the need for a comprehensive restructuring to address its financial and operational challenges and improve its long-term success.
Progress
24% Bias Score
Record High in Greek Out-of-Court Debt Settlements
Greece's out-of-court debt settlement mechanism saw record-high activity in June, with 1,995 new settlements totaling €670 million, exceeding previous records and reflecting improved access for vulnerable groups; however, significant large-scale debt remains.
Record High in Greek Out-of-Court Debt Settlements
Greece's out-of-court debt settlement mechanism saw record-high activity in June, with 1,995 new settlements totaling €670 million, exceeding previous records and reflecting improved access for vulnerable groups; however, significant large-scale debt remains.
Progress
48% Bias Score
Hot Docs 2025: Festival's Resurgence After Near Collapse
Despite facing financial difficulties and internal turmoil in 2024, Hot Docs successfully held its 32nd edition in 2025 under new executive director Diana Sanchez, implementing cost-cutting measures while maintaining comparable audience numbers and securing the sale of its cinema.
Hot Docs 2025: Festival's Resurgence After Near Collapse
Despite facing financial difficulties and internal turmoil in 2024, Hot Docs successfully held its 32nd edition in 2025 under new executive director Diana Sanchez, implementing cost-cutting measures while maintaining comparable audience numbers and securing the sale of its cinema.
Progress
44% Bias Score
Greek Investor Acquires Majority Stake in Cooperative Epirus Bank
Greek private investor Petros Nomikos will acquire a 51% stake in Cooperative Epirus Bank through a €30 million investment, approved by the Bank of Greece, leading to the bank's expansion and potential transformation into a nationwide entity.
Greek Investor Acquires Majority Stake in Cooperative Epirus Bank
Greek private investor Petros Nomikos will acquire a 51% stake in Cooperative Epirus Bank through a €30 million investment, approved by the Bank of Greece, leading to the bank's expansion and potential transformation into a nationwide entity.
Progress
40% Bias Score
German Pfeiffersche Foundations Seek Partners Amidst Financial Restructuring
Facing financial distress due to rising costs, the Pfeiffersche Foundations in Germany are seeking partners by mid-March to restructure, aiming to secure jobs and patient care while finalizing a future concept by April 1, 2025.
German Pfeiffersche Foundations Seek Partners Amidst Financial Restructuring
Facing financial distress due to rising costs, the Pfeiffersche Foundations in Germany are seeking partners by mid-March to restructure, aiming to secure jobs and patient care while finalizing a future concept by April 1, 2025.
Progress
20% Bias Score
Showing 1 to 12 of 20 results