No Business Is Safe When It Comes To Bankruptcy

Published on 04/13/2020
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BKH Acquisition Corp.

Over 100 Burger King stores in Puerto Rico are operated by BKH Acquisition Corp. The Distressed Company Alert released by New Generation Research, however, joined other corporations. Olya Naumoya said the company’s problems lie in its credit crisis and the economic instability of the area, which has caused a drop in the credit rating from B to CCC+.   

BKH Acquisition Corp.

BKH Acquisition Corp.

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Mattress Firm

Mattresses are essential, but could it be that people are buying theirs from another store right now? Mattress Firm filed for bankruptcy protection on  October 5, 2018. The “an onerous store footprint” and the accounting crisis made it difficult financially. Mattress Firm has confirmed its intention to shut down 200 shops and sell an extra 700. It is expected that this will lead to ending the leases and restructuring the business.  

Mattress Firm

Mattress Firm

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