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Thursday, January 15, 2026

Tag: Chapter 11

Saks Uses Real Estate Strategy to Stay Open During Bankruptcy

Luxury retailer Saks seeks court approval to pay rent and keep stores open during Chapter 11 restructuring, securing $700 million in financing.

First Brands Seeks New Financing Amid Bankruptcy and Fraud Probe

Bankrupt auto supplier First Brands Group attempts to secure receivables financing while facing fraud allegations over previous invoice funding practices.