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Lycra Files Prepackaged Chapter 11 to Slash $1.2 Billion Debt

The prepackaged plan carries near-unanimous creditor backing, targeting a swift 45-day exit.

Jersey Proceeds-of-Crime Inquiry Complicates Abramovich–UK Clash Over Chelsea Sale Funds

Salzgitter to Take Over Duisburg’s HKM From Thyssenkrupp in June 2026

Toys 'R' Us Canada Enters Creditor Protection, Keeps 22 Stores Open for Now

OnlyFans in Exclusive Talks to Sell 60% Stake to Architect Capital at $5.5 Billion Valuation

Lord Wolfson Recuses From Ukraine Advice After Taking Abramovich Jersey Case

Telluride Ski Resort to Close Dec. 27 as Patrollers Launch Strike

Court Orders Domodedovo’s Former Owners to Pay Over 3 Billion Rubles

Rio Court Voids Botafogo SAF’s July Board Moves, Keeps Textor in Charge Pending Arbitration

Thyssenkrupp Ends EP Talks, Shifts to Jindal Bid for Steel Unit

Paramount Skydance Prepares Bid for Warner Bros. Discovery, WSJ Reports

Ben & Jerry’s Founders Urge Spinoff as Unilever Readies Magnum Ice Cream IPO

Bodycare Poised to Appoint Administrators, Putting 149 Stores and 1,500 Jobs at Risk

Mumtalakat and CYVN Poised to Take Full Control of McLaren Racing in Deal Valuing Team Above £3bn

Labor Authorities Secure Rights for 14,000 AHMSA Workers in Bankruptcy Process

Aston Martin Agrees to Sell 4.6% F1 Stake, Valuing Team at $3.3 Billion

Country Road Cuts Sydney Stores as Sales Slump

John Textor Resigns From Lyon as Kang and Gerlinger Assume Control

Ex-Ferrari Boss di Montezemolo Joins McLaren Automotive Board

Judge Exonerates Francesc Rubiralta, Dismisses €504 Million Claim