Spirit Airlines emerges from bankruptcy after eliminating $795M in debt
As part of the restructuring, Spirit eliminated approximately $795 million in funded debt and received a $350 million equity investment from existing investors. The company stated that these financial changes would strengthen its long-term stability and allow it to invest in improving the passenger experience.
CORTLAND, N.Y. (WBNG) -- It’s the end of an era for one of the oldest family-owned newspapers in New York. After serving the ...
In 1876, William H. Clark bought the Cortland Standard and was owned by his family ever since. The paper was moved into a ...
The auction listing for a Brooklyn development revealed a detail that might help explain why the project ended up in ...
Bankruptcy is designed to provide relief to debtors in legitimate cases with the ultimate goal of providing a fair and ...
A federal judge in Albany on Wednesday said he will allow seven child sexual abuse lawsuits against the Roman Catholic ...
A New York bankruptcy judge’s recognition of a Mexican lender’s foreign restructuring with nonconsensual liability releases ...
In In re Ghatanfard, the U.S. District Court for the Southern District of New York affirmed a decision by the U.S. Bankruptcy Court for the Southern District of New York converting a debtor’s ...
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Spirit Airlines says exits bankruptcy after restructuringBudget airline Spirit, which filed for bankruptcy in November after months of difficulties, announced Thursday it had ...
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