Relativity Bankrupt Exit

Relativity: Judge Conditionally Approves Studio’s Bankruptcy Exit

After suggesting that Relativity might not be ready to exit bankruptcy protection, U.S. Judge Michael Wiles closed a roller-coaster hearing Tuesday, conditionally approving the studio’s reorganization. If the company can prove to Wiles’ satisfaction that it has secured some $80 million in financing, as well as a firm agreement to have Kevin Spacey and his[…]

PG Horsehead Holdings Bankruptcy

Pittsburgh-based Horsehead Holding declares bankruptcy – Horsehead Holding declared bankruptcy today and said it intends to reorganize under court protection, saying that is the best way to preserve value for stakeholders. The Robinson zinc producer filed a Chapter 11 petition in federal bankruptcy court in Wilmington, Del. The petition also includes four of its subsidiaries. According to court papers,[…]