Discount Retailer Big Lots Files for Chapter 11 Bankruptcy:
Big Lots Inc. filed for bankruptcy protection, capping a multi-year decline for the discount retailer ...
trib.al/fe19YaN
Quick Glance: Big Lots Bankruptcy Filing and Sale to Nexus Capital
- The discount retailer has sought bankruptcy protection and intends to sell its assets through a court-supervised process.
- It filed for Chapter 11 in Delaware, reporting assets and liabilities ranging from $1 billion to $10 billion.
- Nexus Capital Management LP will serve as a "stalking horse bidder," meaning they will acquire the business if no superior offers are made.
- The company has secured $707.5 million in financing and aims to finalize the sale transaction in the fourth quarter of 2024, subject to bankruptcy court approval.
Story Details
| Last Updated | Sep 10 |
| Total Articles | 22 |
Big Lots filed Chapter 11 bankruptcy: Big Lots filed for bankruptcy protection Monday after the retailer's strategy of offering "extreme" ...
axios.com/2024/09/09/big-lots-bankruptcy-store-closings
Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering 'extreme bargains'
cnbc.com/2024/09/09/big-lots-bankruptcy-plans-sale-and-store-closures.html
Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital
abcnews.go.com/Business/wireStory/big-lots-files-chapter-11-bankruptcy-protection-plans-113514215
Discount retailer Big Lots files for bankruptcy: The home goods chain filed for Chapter 11 protection and agreed to sell itself to a unit of the private equity ...
washingtonpost.com/business/2024/09/09/big-lots-bankruptcy/
Big Lots files for bankruptcy: Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival ...
cnn.com/2024/09/09/business/big-lots-chapter-11-bankruptcy/
Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings: U.S. discount home goods retailer Big Lots said on Monday it has secured $707 ...
reuters.com/markets/us/big-lots-sells-business-nexus-capital-it-begins-bankruptcy-proceedings-2024-09-09/
Big Lots files for bankruptcy, agrees to sale to Nexus Capital: The discount retailer sought court protection after suffering from years of declining same-store ...
ocregister.com/2024/09/09/big-lots-files-for-bankruptcy-agrees-sale-to-nexus-capital/
In the midst of closing hundreds of stores, discount retailer files for bankruptcy
pennlive.com/business/2024/09/in-the-midst-of-closing-hundreds-of-stores-discount-retailer-files-for-bankruptcy.html
Big Lots filed for bankruptcy as discount retailers are struggling: The retailer will continue to operate its stores and website
qz.com/big-lots-bankruptcy-filing-chapter-11-discount-retail-1851643152
Big Lots files for bankruptcy protection, says store operations will continue: Struggling closeout retailer Big Lots filed for bankruptcy protection Monday ...
cincinnati.com/story/money/business/2024/09/09/big-lots-files-for-bankruptcy-protection-blames-inflation-interest-rates/75141847007/
Big Lots bankruptcy: List of closing store locations in new Chapter 11 filing as retailer announces sale to private equity
fastcompany.com/91186873/big-lots-closing-stores-2024-full-list-locations-new-chapter-11-filing
Big Lots files for bankruptcy protection, says store operations will continue: Struggling closeout retailer Big Lots filed for bankruptcy protection Monday ...
dispatch.com/story/business/2024/09/09/big-lots-files-for-bankruptcy-blames-inflation-interest-rates-store-operations-will-continue/75140646007/
Big Lots Files for Bankruptcy, Agrees Sale to Nexus Capital: Discount retailer Big Lots Inc. has filed for bankruptcy protection and plans to sell the firm’s ...
bloomberg.com/news/articles/2024-09-09/discount-retailer-big-lots-files-for-chapter-11-bankruptcy
More articles on this subject
Previous
Big Lots filed Chapter 11 bankruptcy: Big Lots filed for bankruptcy protection Monday after the retailer's strategy of offering "extreme" ...
axios.com/2024/09/09/big-lots-bankruptcy-store-closings
Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering 'extreme bargains'
cnbc.com/2024/09/09/big-lots-bankruptcy-plans-sale-and-store-closures.html
Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital
abcnews.go.com/Business/wireStory/big-lots-files-chapter-11-bankruptcy-protection-plans-113514215
Discount retailer Big Lots files for bankruptcy: The home goods chain filed for Chapter 11 protection and agreed to sell itself to a unit of the private equity ...
washingtonpost.com/business/2024/09/09/big-lots-bankruptcy/
Big Lots files for bankruptcy: Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival ...
cnn.com/2024/09/09/business/big-lots-chapter-11-bankruptcy/
Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings: U.S. discount home goods retailer Big Lots said on Monday it has secured $707 ...
reuters.com/markets/us/big-lots-sells-business-nexus-capital-it-begins-bankruptcy-proceedings-2024-09-09/
Big Lots files for bankruptcy, agrees to sale to Nexus Capital: The discount retailer sought court protection after suffering from years of declining same-store ...
ocregister.com/2024/09/09/big-lots-files-for-bankruptcy-agrees-sale-to-nexus-capital/
In the midst of closing hundreds of stores, discount retailer files for bankruptcy
pennlive.com/business/2024/09/in-the-midst-of-closing-hundreds-of-stores-discount-retailer-files-for-bankruptcy.html
Big Lots filed for bankruptcy as discount retailers are struggling: The retailer will continue to operate its stores and website
qz.com/big-lots-bankruptcy-filing-chapter-11-discount-retail-1851643152
Big Lots files for bankruptcy protection, says store operations will continue: Struggling closeout retailer Big Lots filed for bankruptcy protection Monday ...
cincinnati.com/story/money/business/2024/09/09/big-lots-files-for-bankruptcy-protection-blames-inflation-interest-rates/75141847007/
Big Lots bankruptcy: List of closing store locations in new Chapter 11 filing as retailer announces sale to private equity
fastcompany.com/91186873/big-lots-closing-stores-2024-full-list-locations-new-chapter-11-filing
Big Lots files for bankruptcy protection, says store operations will continue: Struggling closeout retailer Big Lots filed for bankruptcy protection Monday ...
dispatch.com/story/business/2024/09/09/big-lots-files-for-bankruptcy-blames-inflation-interest-rates-store-operations-will-continue/75140646007/
Big Lots Files for Bankruptcy, Agrees Sale to Nexus Capital: Discount retailer Big Lots Inc. has filed for bankruptcy protection and plans to sell the firm’s ...
bloomberg.com/news/articles/2024-09-09/discount-retailer-big-lots-files-for-chapter-11-bankruptcy
Discount Retailer Big Lots Files for Chapter 11 Bankruptcy: Big Lots Inc. filed for bankruptcy protection, capping a multi-year decline for the discount retailer ...
trib.al/fe19YaN
OCCRP Oct 12
How Private Equity and an Ambitious Landlord Put Steward Health Care on Life Support
occrp.org/en/investigation/how-private-equity-and-an-ambitious-landlord-put-steward-healthcare-on-life-support
Rafael Nadal’s Retirement Will Leave a Gaping Hole in Sports: Tennis star Rafael Nadal, who has 22 major championship titles, announced he will retire after the ...
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More Arizona Big Lots stores are closing again. Here are the latest 3 stores affected
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List: 47 more Big Lots stores across 25 states set to close; total surpasses 350: More than 30 Big Lots stores have already permanently closed.
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Another 5 Big Lots to close in Ohio, among 46 in the US. Here's the latest, full Ohio list
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FIJ NG Sep 27
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A&E doctor who suffered cardiac arrest playing tennis was saved by colleagues on the court
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Distressed retailer closes more stores in Chapter 11 bankruptcy: Discount home goods chain closes dozens more stores in its fourth round of closings since filing ...
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Wimbledon removes line judges after 147 years in favor of electronic system | CNN
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Elon Musk’s X loses battle over federal request for Trump’s DMs: Prosecutors now have a “blueprint” to seize privileged communications, X warned.
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Chinese hackers breached US court wiretap systems, WSJ reports: Chinese hackers accessed the networks of U.S. broadband providers and obtained information from ...
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Basketball Hall of Famer Dikembe Mutombo dies from brain cancer at 58, NBA says: Basketball Hall of Famer Dikembe Mutombo – known for his shot-blocking and ...
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Harris courts Latino voters with Univision town hall: Vice President Harris on Thursday worked to court Latino voters with a town hall hosted by Univision ...
trib.al/mDtNAcU
Quick Glance: Streaming Options for Kamala Harris’ Univision Forum
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Wagatha Christie: Coleen Rooney vs Rebekah Vardy dispute back in court over costs
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Brazil lifts X ban again: Elon Musk has given in: After his platform X paid a fine in Brazil, the country's Supreme Court lifted the ban on the platform.
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Self-described Nazi becomes first in Australian state of Victoria to be convicted over Nazi salute
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Quick Glance: First Conviction for Nazi Salute in Victoria
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- In Victoria, penalties for such offenses can exceed $23,000 or include up to 12 months in jail.
Gender Identity Changes Must Be Recognized Across E.U. Borders, Court Rules: A man who changed his name and gender identity in Britain successfully challenged to ...
nytimes.com/2024/10/04/world/europe/eu-court-gender-identity-transgender.html
Parents of 30,000 children can breathe a sigh of relief: State Labor Court bans daycare strike in Berlin
tagesspiegel.de/berlin/eltern-von-30000-kindern-konnen-aufatmen-landesarbeitsgericht-verbietet-kitastreik-in-berlin-12515420.html
Former policeman jailed for Jedburgh car crash murder bid: William McBurnie tried to kill his ex-partner and her mother at a funeral home in the Borders.
bbc.com/news/articles/cq5e9dqxzy5o
Michael Ballweg: | "Querdenken" founder in court: He was one of the most prominent faces of the Corona critics: Michael Ballweg. Now he has to answer to the ...
zdf.de/nachrichten/panorama/kriminalitaet/ballweg-querdenker-prozess-anklage-100.html
Quick Glance: Ballweg Trial: Fraud Charges and Public Reactions
- The trial against Michael Ballweg, founder of the 'Querdenken' movement, involves allegations of attempted commercial fraud in 4950 cases.
- The prosecution claims that Ballweg raised approximately 1.2 million euros through public fundraising and misused a significant portion for personal purposes.
- Ballweg and his lawyers deny the accusations and announced that he will not make any statements during the proceedings.
- The court will determine over at least 33 trial days whether the charges are indeed flawed and incoherent, as claimed by the defense.
CNA 13h
Pritam Singh goes on trial on Monday: What's the case about and what's at stake?: CNA gives a recap of Pritam Singh's case, the charges he faces ...
channelnewsasia.com/singapore/pritam-singh-trial-raeesah-khan-charges-court-4670386
When is Diddy's trial? What to know about his legal troubles: The rap mogul faces two criminal charges including sex trafficking, and is being sued by some ...
bbc.com/news/articles/c0qz32wzeego
Garth Brooks claims he's a victim of a 'shakedown,' names himself and rape accuser
usatoday.com/story/entertainment/celebrities/2024/10/08/garth-brooks-responds-rape-lawsuit/75580943007/
Embezzlement of EU funds: trial against Marine Le Pen: Marine Le Pen and other RN members are on trial for embezzlement of EU funds. A conviction could ...
zdf.de/nachrichten/politik/ausland/marine-le-pen-prozess-veruntreuung-eu-gelder-100.html
Quick Glance: Marine Le Pen on Trial: A Pivotal Case
- The Rassemblement National faces charges for systematically misusing European Parliament funds.
- Marine Le Pen is the key defendant in a trial that could impact France's political landscape.
- Investigations, initiated over a decade ago, allege the party misappropriated EU resources for national use.
- A verdict is anticipated in late November, with substantial evidence against Le Pen.
Rebekah Vardy won't let Coleen win Wagatha war and 'desperate to have final say': Coleen Rooney and Rebekah Vardy are still at war after the infamous Wagatha ...
mirror.co.uk/3am/celebrity-news/rebekah-vardy-wont-coleen-rooney-33868933
Judge sets trial date in Sean ‘Diddy’ Combs racketeering and sex trafficking case
cnn.com/2024/10/10/entertainment/sean-diddy-combs-trial-date/
US govt ramps up $20m fraud charges against Air Peace CEO Onyema: US prosecutors said the Air Peace CEO submitted false documents to US authorities in 2019 in an ...
premiumtimesng.com/news/top-news/744597-us-govt-ramps-up-20m-fraud-charges-against-air-peace-ceo-onyema.html
New deportations to Kabul: Scholz on RTL: Will border controls continue for a "very long time"
n-tv.de/politik/Scholz-bei-RTL-Werden-Grenzkontrollen-sehr-lange-fortfuehren-article25278529.html
Quick Glance: Scholz Faces Public Criticism During RTL Special
- The coalition government is facing ongoing public criticism, as citizens voice their concerns directly to Chancellor Olaf Scholz during an RTL broadcast.
- A poignant moment included Michael Kyrath's testimony about the murder of his daughter and her friend by a refugee, raising serious questions about safety and government actions.
- Scholz expresses his distress and promises tougher penalties and improved inter-agency communication, but remains vague on specific solutions.
- Citizens also express dissatisfaction with bureaucratic obstacles hindering quality of life improvements, while Scholz remains optimistic about his political future.
Garth Brooks accused of sexual assault and battery by former makeup artist: Country superstar Garth Brooks has been accused of sexual assault and battery ...
goodmorningamerica.com/culture/story/garth-brooks-accused-sexual-assault-battery-former-makeup-114482907
Quick Glance: Shocking Allegations Against Garth Brooks
- Garth Brooks faces accusations of rape and sexual assault in a lawsuit filed by an unnamed woman.
- The plaintiff, Jane Roe, claims Brooks harassed her while she worked as his makeup artist and raped her in 2019.
- Brooks denies the allegations, describing the lawsuit as extortion, and has initiated legal action against the plaintiff.
- He is also seeking damages and a court declaration that the claims are false.
Rudy Giuliani disbarred in D.C. for his role in election 2020 subversion : The D.C. Court of Appeals agreed with a disciplinary committee that found Giuliani’s ...
washingtonpost.com/dc-md-va/2024/09/26/rudy-giuliani-disbarred-dc-trump-2020-election-challenges/
Quick Glance: Giuliani Disbarred in D.C. for Election Misconduct
- Rudolph W. Giuliani has been barred from practicing law in Washington by the D.C. Court of Appeals due to false statements regarding the 2020 election results.
- This decision follows a similar ruling from the New York bar, which criticized his actions during the election.
- Giuliani has two weeks to appeal the decision and is facing additional legal troubles related to efforts to overturn the election.
- He was previously found liable for $148 million in damages and had his bankruptcy case dismissed for failing to cooperate.
Why Kamala Harris is facing criticism over the gun she owns: Vice President Kamala Harris revealed this week that she owns a Glock — a weapon that is restricted ...
nbcnews.com/politics/kamala-harris/kamala-harris-criticism-owning-glock-gun-rcna174534
Quick Glance: Kamala Harris and the Glock Controversy
- Vice President Kamala Harris disclosed her ownership of a Glock, a firearm restricted in California.
- Her revelation sparked criticism from gun rights groups and conservative media, who accused her of hypocrisy for supporting gun restrictions.
- Harris stated that the gun is for self-defense, while her campaign did not provide details on the purchase or model of the Glock.
- Despite the backlash, Harris asserts that there is no contradiction between supporting gun rights and advocating for gun control measures.
Gateway Pundit settles with Georgia election workers in defamation suit: The Gateway Pundit settled a lawsuit with Ruby Freeman and Shaye Moss ...
washingtonpost.com/politics/2024/10/10/gateway-pundit-defamation-ruby-freeman/
Saudi King Salman to undergo medical tests for lung inflammation
reuters.com/world/middle-east/saudi-king-salman-undergo-medical-tests-lung-inflammation-state-news-agency-says-2024-10-06/
FTX: Customers of failed crypto firm set for refunds: The agreement will put an end to a saga that started when the firm went bankrupt in November 2022.
bbc.com/news/articles/c0qz3dg21vqo
Quick Glance: Court Approves FTX Bankruptcy Plan in Delaware
- A U.S. court approved FTX's bankruptcy plan, promising most customers a 118% repayment of their 2022 losses.
- The plan garnered support from 96% of voting creditors and over 98% by amount, despite objections from various stakeholders.
- Cash will be used for repayments, leading to the rejection of alternatives like in-kind crypto distributions and the valuation of FTT tokens.
- FTX is considering stablecoin distributions for creditors, although the SEC has raised concerns regarding this aspect of the repayment plan.
Election betting is cleared, for now, by U.S. appeals court: The CFTC failed to make the essential showing of irreparable harm, judge rules.
axios.com/2024/10/02/election-betting-prediction-markets-kalshi-polymarket
Democratic group launching legal fund for state officials ahead of election: Democratic secretaries of state on Wedneday launced the Democracy Legal Defense Fund ...
trib.al/oz11Udx
Federal appeals court is skeptical of DACA but could narrow the ruling striking it down
cnn.com/2024/10/10/politics/daca-hearing-5th-circuit-court-of-appeals/
Allegations about Trump's role in the storming of the Capitol published: What role did Donald Trump play in the violent storming of the US Capitol on January ...
zdf.de/nachrichten/politik/ausland/trump-wahlmanipulationsvorwuerfe-gerichtsdokument-100.html
Chinese tourist driving on wrong side of the road killed dad on ‘bucket list’ NC500 trip
news.stv.tv/north/chinese-tourist-driving-on-wrong-side-of-the-road-killed-dad-on-bucket-list-nc500-trip
New York mayor pleads not guilty: The accused mayor of New York City, Eric Adams, has rejected the corruption charges against him in court ...
zdf.de/nachrichten/politik/ausland/new-yorker-buergermeister-adams-nicht-schuldig-100.html
Quick Glance: Mayor Adams Faces Corruption Charges
- Eric Adams, the Mayor of New York, has been charged with bribery and fraud, making him the first sitting mayor to face criminal charges.
- The allegations date back to 2014, involving claims that Adams accepted luxury travel and hotel stays financed by a Turkish representative.
- In exchange for these benefits, he allegedly intervened with the New York Fire Department to expedite safety certifications for a Turkish consulate.
- Despite serious allegations and staff resignations, Adams remains in office, denying the charges, which he claims are politically motivated.
CNA Oct 03
Who is Justice Vincent Hoong, the High Court judge who handed Iswaran his sentence?
channelnewsasia.com/singapore/judge-vincent-hoong-iswaran-high-court-jail-sentence-gifts-obstructing-justice-4656356
Spirit Airlines cuts Columbus flights amid report of potential bankruptcy filing: Spirit Airlines is cutting flights from John Glenn Columbus International ...
dispatch.com/story/business/travel/2024/10/04/spirit-airlines-cut-flights-columbus-ohio-john-glenn-airport/75513494007/
US: Court orders Google to open Android to rival app stores: The company suffered yet another blow after a different judge had previously ruled its search engine ...
dw.com/en/us-court-orders-google-to-open-android-to-rival-app-stores/a-70430343
Quick Glance: US Government Considers Breaking Up Google
- The US government is evaluating the breakup of Google to enhance competition.
- A federal judge ruled that Google violated antitrust laws, leading to potential penalties.
- The government may require users to choose their preferred search engine instead of default settings.
- This scenario could have significant implications for the tech market and competitive landscape.
Couple hurt in Uber crash can't sue as 'daughter agreed to Uber Eats terms'
news.sky.com/story/couple-hurt-in-uber-crash-cant-sue-firm-as-daughter-agreed-to-uber-eats-terms-13226988
CNA Oct 07
Iswaran not appealing 12 months' jail sentence for 5 offences: SINGAPORE: Former Singapore transport minister S Iswaran is not appealing his 12 months' ...
channelnewsasia.com/singapore/iswaran-appeal-jail-sentence-section-165-obstructing-justice-judge-4658251
Quick Glance: Iswaran Accepts Jail Sentence, Apologizes Publicly
- Former Singapore Transport Minister S Iswaran will not appeal his 12-month jail sentence and takes full responsibility for his actions.
- He was convicted for receiving gifts worth approximately S$403,300 and for obstructing justice.
- The judge imposed a longer sentence than the prosecution's request to safeguard public interest and trust in institutions.
- Iswaran expressed gratitude to his family and supporters, looking forward with renewed hope as he prepares to begin his sentence.
CNA Oct 11
Court rules Singapore Prison Service, AGC acted unlawfully by disclosing and requesting prisoners’ letters
channelnewsasia.com/singapore/court-appeal-rules-singapore-prison-service-agc-unlawful-disclosing-requesting-prisoner-letters-4673051
I have been a Wimbledon line judge for 40 years. They could have told us machines will do the job next year | Wendy Smith
theguardian.com/commentisfree/2024/oct/12/wimbledon-line-judge-andy-murray-andre-agassi
Prosecutors may bring more charges against Eric Adams and indict others: Federal prosecutors say they might bring additional charges against New York City Mayor ...
apnews.com/article/new-york-city-mayor-eric-adams-be76fce59764a33968d1bb5014fa6550
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