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Headlines
Wednesday, May 14 2025
Affimed Announces Filing for the Opening of Insolvency Proceedings
Affimed N.V., a clinical-stage immuno-oncology company, today announced its decision to file an application for opening of insolvency proceedings with the local court of Mannheim in Germany, according to a company press release.…
Wednesday, May 14 2025
Wolfspeed Creditors Extend Rescue Financing Offer
Creditors in U.S. chipmaker Wolfspeed offered roughly $600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing, The Financial Times reported. The offer comes after Wolfspeed…
Wednesday, May 14 2025
Hudson’s Bay Expected Back in Court to Extend Creditor Protection
Hudson’s Bay is due to return to an Ontario court today for the first time in roughly two weeks to seek a reprieve from the hundreds of businesses it owes money, the Canadian Press reported. The department store is expected to…
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