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Spirit Secures Amended DIP Deal Unlocking Up to $100 Million

Only $50 million can be used now, with the balance contingent on milestones tied to a reorganization plan or a strategic deal.

Jefferies Defends Separation From Point Bonita, Says First Brands ‘Defrauded’ It as Probes Mount

First Brands CEO Resigns as Restructuring Chief Steps In, Jefferies Downplays Exposure

Braathens Places Airbus Charter Units in Bankruptcy as ATR Flights Continue

Builder.ai files for bankruptcy protection after creditor seizes $37M