Schulte Roth & Zabel Announces Addition of Leading Corporate Restructuring Lawyer Kristine Manoukian – Business Wire (press release)

Restructuring

NEW YORK–(BUSINESS WIRE)–Schulte Roth & Zabel (SRZ) announces the addition of Kristine Manoukian as a partner in the Business Reorganization Group, resident in the firms New York office. Ms. Manoukian joins the firm from Clifford Chance, where she was a partner in the financial restructuring group. Specializing in corporate restructuring and bankruptcy, Ms. Manoukian represents…

Telkonet Announces Fiscal Year 2017 Financial Results – Markets Insider

Restructuring

WAUKESHA, WI–(Marketwired – April 02, 2018) – Telkonet, Inc. (OTCQB: TKOI), (the “Company”, “Telkonet”), creator of the EcoSmart platform of intelligent automation solutions designed to optimize comfort, energy efficiency and operational analytics in support of the emerging Internet of Things (IoT), today announced financial results for the fiscal year ended December 31, 2017. Telkonet management…

Neuralstem Reports Year End 2017 Fiscal Results and Business Update – GlobeNewswire (press release)

Restructuring

– Neuralstem Releases Full Data Set for NSI-189 MDD Trial Showing Patient Rated Outcome and Cognitive Benefits – Nature Medicine Paper Demonstrates Benefit of NSI-566 on Paralysis in Non-Human Primates GERMANTOWN, Md., April 02, 2018 (GLOBE NEWSWIRE) — Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural…

FirstEnergy Solutions and FirstEnergy Nuclear Operating Company File Voluntary Petitions for Chapter 11 Restructuring – PR Newswire (press release)

Restructuring

FES and FENOC own and operate two coal-fired plants, one dual fuel gas/oil plant, one pet-coke fired plant and three nuclear power plants in the competitive, or non-regulated, power-generation industry. FirstEnergy Corp. announced in November 2016 that it planned to exit the competitive generation business. On March 28, 2018, FES filed notice with PJM Interconnection…

FirstEnergy Solutions and FirstEnergy Nuclear Operating Company File Voluntary Petitions for Chapter 11 Restructuring – Markets Insider

Restructuring

AKRON, Ohio, March 31, 2018 /PRNewswire/ — FirstEnergy Solutions (FES), its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) (together, the “Filing Entities”) today announced that to facilitate an orderly financial restructuring, they have filed voluntary petitions under Chapter 11 of the Federal Bankruptcy Code with the U.S. Bankruptcy Court in the Northern District of Ohio in…

FirstEnergy nuclear, coal plant units file for bankruptcy protection – Reuters

Restructuring

NEW YORK (Reuters) – FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower-cost natural gas. The Chapter 11 filing was made by FirstEnergy Solutions and FirstEnergy Nuclear Operating…

The Bon-Ton Stores, Inc. in Discussions with Going-Concern Bidder – Markets Insider

Restructuring

MILWAUKEE, March 30, 2018 /PRNewswire/ — The Bon-Ton Stores, Inc. (OTCQX: BONT) (“the Company”) today announced that it is in active discussions with interested parties in respect of a going-concern bid to acquire the Company in a Bankruptcy Court-supervised sale process. As a result of these discussions, Bon-Ton sought and received approval from its lenders…