The Real Recession Is Just Starting.


Escalating Debt Brawls Add to Headache for Distressed Companies

As the pace of large U.S. company bankruptcies stabilizes, escalating tensions between distressed companies, private equity owners and creditors signal more bruising Chapter 11 filings to come.

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AMC Warns Bankruptcy Is on the Table as Cash Runs Low

AMC has agreed to sell as many as 15 million shares of its stock, but equity in the company could soon be worthless if the largest theater chain in the world files for bankruptcy.