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Recent Articles

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Japan Pulp & Paper plans to make bid to buy insolvent European paper distributor Inapa; company directors expressed interest during video conference with shareholders, said they needed four to five working days to officially implement the proposal

Conn’s files for Chapter 11 bankruptcy, plans to close over 550 stores; company reports $530 million in funded debt obligations and seeks court approval for store lease rejections

Portuguese paper merchant Inapa files for insolvency after its German subsidiary, Inapa Deutschland, filed for insolvency due to €12M short-term cash shortage; Inapa offers graphic and office supplies and is a leading paper distributor in Europe

Red Lobster will almost certainly be bought out of bankruptcy by its creditors, led by Fortress Credit Corp., according to a document filed with a bankruptcy court

Conn’s to close 71 stores amid bankruptcy speculation, representing about 13% of its 550 locations in 13 states; Bloomberg report found last year’s acquisition of furniture retailer WS Badcock contributed to Conn’s financial challenges

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