The approval allows the packaging group to proceed with its financial restructuring and exit the Chapter 11 process.

SAN JUAN, Puerto RicoSAN JUAN, Puerto Rico — A federal judge on Tuesday tentatively approved a portion of the newest plan to restructure $10 billion of debt owed by Puerto Rico’s power company amid ...

SAN JUAN, Puerto Rico -- A new plan for restructuring $10 billion in debt owed by Puerto Rico's power company was filed late Friday in the latest attempt to end a lengthy bankruptcy process marked by ...

Decentralized liquidity protocol THORChain’s node operators approved a proposal to solve its liquidity issues by converting the platform’s defaulted debt into equity. Following the pause, the ...

DENVER — Denver Public Schools Superintendent Dr. Alex Marrero announced plans for Colorado's largest school district to close seven schools and restructure three others Thursday night. Now, he is ...

FILE - Deteriorated U.S. and Puerto Rico flags fly on a roof eight months after the passing of Hurricane Maria in the Barrio Jacana Piedra Blanca area of Yabucoa, a town where many continue without ...

SAN JUAN, Puerto Rico (AP) — A federal judge on Tuesday tentatively approved a portion of the newest plan to restructure $10 billion of debt owed by Puerto Rico’s power company amid heated ...