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NO MORE PARTIES. A CHAIN OF HOLIDAY STORES ON THE VERGE OF BANKRUPTCY

... investors. According to expert data, the capitalization of Party City Holdco Inc., which operates a network of 750 stores in the USA, Canada and Mexico, is about $41 million. But recently, the organization has faced a number of negative factors affecting ... ... owners. Creditors of Party City (including Capital Group Cos Inc., Silver Point Capital) have begun negotiations on a possible restructuring. The result of this may be the transition of the retailer under the control of creditors and the exchange of debt ...

CHINESE COFFEE CHAIN LUCKIN COFFEE FILES FOR BANKRUPTCY IN THE US

... which has been slowly recovering its business after the scandalous exclusion from the American stock exchange Nasdaq, filed for bankruptcy protection in the United States. The company's management is currently trying to get permission for financial restructuring. The company, once cited as Starbucks' main Chinese rival, shocked Wall Street in 2019 by stating that hundreds of millions of dollars of sales had been fabricated. The US Securities and Exchange Commission imposed a $ 180 million fine ...

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