Chapter 11, Title 11, United States Code

Scilex Holding Company Files Emergency Motion in the United States Bankruptcy Court for the Southern District of Texas for Entry of an Order Compelling the Production of Books and Records from certain Brokers, Dealers, Banks and other Nominees Pursuant to

Retrieved on:

Friday, October 27, 2023

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Attached to this press release is the court motion filed by Scilex on October 27, 2023.

Key Points:

Attached to this press release is the court motion filed by Scilex on October 27, 2023.
On October 4, 2023, Scilex also provided a similar proposal to the lenders of the short positions in Scilex Dividend Stock held by the Short Sellers (“Lender”).
Such release will be provided after Scilex receives written confirmation of the above two actions.
This Lender Proposal is still in effect and will end on October 31, 2023.

Sunlight Financial Acquired by Leading Solar Industry Investors

Retrieved on:

Tuesday, October 31, 2023

“We are excited for Sunlight’s future,” said Matt Potere, CEO of Sunlight Financial.

Key Points:

“We are excited for Sunlight’s future,” said Matt Potere, CEO of Sunlight Financial.
Sunlight Financial will request an expedited in-court process, which will allow the Company to quickly exit Chapter 11.
Sunlight Financial has set up a toll-free hotline to answer questions about this transaction.
Weil, Gotshal & Manges LLP is serving as legal counsel, Guggenheim Securities, LLC is serving as Investment Banker and Alvarez & Marsal is providing financial advisory services to Sunlight Financial.

Windstream Names Paul H. Sunu Chief Executive Officer

Retrieved on:

Monday, October 30, 2023

Windstream announced today that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately.

Key Points:

Windstream announced today that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately.
He succeeds Tony Thomas, who has decided to depart the Company and step down from the Board, following a distinguished 17 years at Windstream.
Mr. Sunu has served as Chairman of the Board since 2020 and will retain his position.
During Mr. Thomas’ tenure, Windstream acquired, merged and integrated several companies, successfully restructured under Chapter 11 and launched its fiber transformation.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Capstone Green Energy Corporation - CGRN

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Friday, November 3, 2023

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NEW YORK, Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Capstone Green Energy Corporation ("Capstone" or the "Company") (NASDAQ: CGRN).

Key Points:

NEW YORK, Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Capstone Green Energy Corporation ("Capstone" or the "Company") (NASDAQ: CGRN).
Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
The investigation concerns whether Capstone and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

IronNet Inc. Files Voluntary Chapter 11 Petitions

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Friday, November 3, 2023

Linda, Bankruptcy, Court, DIP, ITC, Amazon Web Services, Environment, United States bankruptcy court, Cloud computing, Bankruptcy Code, Chapter 11, Title 11, United States Code, Security (finance)

MCLEAN, Va., Nov. 3, 2023 /PRNewswire/ -- IronNet, Inc. ("IronNet" or "the Company") stabilizes operations and continues plan of reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Court" and such cases, the "Chapter 11 Cases" or "Restructuring").

Key Points:

MCLEAN, Va., Nov. 3, 2023 /PRNewswire/ -- IronNet, Inc. ("IronNet" or "the Company") stabilizes operations and continues plan of reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Court" and such cases, the "Chapter 11 Cases" or "Restructuring").
On October 12, 2023, IronNet filed a variety of "first day" motions seeking customary relief intended to enable the Company and its subsidiaries to continue ordinary course operations during the Restructuring.
Linda Zecher, CEO of IronNet, said, "Against a backdrop of intense restructuring in an uncertain capital raising environment, we remain intent on stabilizing IronNet and serving our customers.
With the DIP financing provided by ITC, we believe we are better positioned to act in the interests of our stakeholders through the Restructuring."

IronNet Inc. Files Voluntary Chapter 11 Petitions

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Friday, November 3, 2023

Linda, Bankruptcy, Court, DIP, ITC, Amazon Web Services, Environment, United States bankruptcy court, Cloud computing, Bankruptcy Code, Chapter 11, Title 11, United States Code, Security (finance)

MCLEAN, Va., Nov. 3, 2023 /PRNewswire/ -- IronNet, Inc. ("IronNet" or "the Company") stabilizes operations and continues plan of reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Court" and such cases, the "Chapter 11 Cases" or "Restructuring").

Key Points:

MCLEAN, Va., Nov. 3, 2023 /PRNewswire/ -- IronNet, Inc. ("IronNet" or "the Company") stabilizes operations and continues plan of reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Court" and such cases, the "Chapter 11 Cases" or "Restructuring").
On October 12, 2023, IronNet filed a variety of "first day" motions seeking customary relief intended to enable the Company and its subsidiaries to continue ordinary course operations during the Restructuring.
Linda Zecher, CEO of IronNet, said, "Against a backdrop of intense restructuring in an uncertain capital raising environment, we remain intent on stabilizing IronNet and serving our customers.
With the DIP financing provided by ITC, we believe we are better positioned to act in the interests of our stakeholders through the Restructuring."

CAPSTONE SHAREHOLDER ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Capstone To Contact Him Directly To Discuss Their Options

Retrieved on:

Friday, November 3, 2023

Goldman Sachs, OTC, News, Court, GAAP, Advertising, Multimedia, Bank statement, Woman, LLP, Fifth Amendment to the United States Constitution, Chapter 11, Title 11, United States Code, Audit committee, Cryptocurrency, Security (finance), Capstone

NEW YORK, Nov. 3, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Capstone Green Energy Corporation ("Capstone" or the "Company") (NASDAQ: CGRN, OTC: CGRNQ) and reminds investors of the December 12, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points:

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California, and Georgia.
On this news, the Company's stock price fell $0.10, or 17%, to close at $0.50 per share on September 28, 2023.
Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Capstone's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.

Digital Realty Successfully Resolves Relationship with Cyxtera

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Wednesday, November 1, 2023

Digital, NYSE, Digital Realty, Estate, Bankruptcy, Chapter 11, Title 11, United States Code, Weil, Gotshal & Manges, Corporate action, Real estate, Cryptocurrency

AUSTIN, Texas, Nov. 1, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today definitive agreements with Brookfield Infrastructure Partners L.P. and its institutional partners ("Brookfield"), Cyxtera Technologies ("Cyxtera") and Digital Core REIT that successfully resolves the relationships with Cyxtera. These agreements were completed in conjunction with Brookfield's announced agreement to acquire Cyxtera, pursuant to its Plan of Reorganization under its Chapter 11 proceedings and remain subject to bankruptcy court and regulatory approval, and include:

Key Points:

AUSTIN, Texas, Nov. 1, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today definitive agreements with Brookfield Infrastructure Partners L.P. and its institutional partners ("Brookfield"), Cyxtera Technologies ("Cyxtera") and Digital Core REIT that successfully resolves the relationships with Cyxtera.
Digital Realty to redeploy $55 million to buy out Cyxtera's leases in three colocation data centers in Singapore and Frankfurt.
"We are pleased to have worked with Digital Core REIT and Brookfield to successfully resolve our relationship with Cyxtera.
"By partnering with our sponsor, Digital Core REIT realized a comprehensive resolution to our relationship with our second-largest customer," said Digital Core REIT CEO John Stewart.

CAPSTONE ONGOING DEADLINE ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Capstone To Contact Him Directly To Discuss Their Options

Retrieved on:

Sunday, October 29, 2023

Goldman Sachs, OTC, News, Court, GAAP, Advertising, Multimedia, Audit committee, Bank statement, Woman, LLP, Fifth Amendment to the United States Constitution, Chapter 11, Title 11, United States Code, Cryptocurrency, Capstone

NEW YORK, Oct. 29, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Capstone Green Energy Corporation ("Capstone" or the "Company") (NASDAQ: CGRN, OTC: CGRNQ) and reminds investors of the December 12, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points:

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California, and Georgia.
On this news, the Company's stock price fell $0.05, or 5%, to close at $0.89 per share August 16, 2023, on unusually high trading volume.
On this news, the Company's stock price fell $0.10, or 17%, to close at $0.50 per share on September 28, 2023.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Capstone's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.

The Week in Press Releases: 13 Stories You Need to See

Retrieved on:

Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

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Sweden wants to end confusion with Switzerland, Swedish Tourist Board Declares
"If people struggle to separate our two countries, we need to help them.
In addition to these popular releases, several must-read earnings reports crossed the wire this week, including the quarterly results for Meta , Boeing , IMAX , and Harley-Davidson .
These are just a few of the recent press releases that consumers and the media should know about.
Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines , features regular media news roundups, writing tips, upcoming events, and more.