WebOn February 15, 2024, Diamond Sports Group failed to make a $140M interest payment, instead opting for a 30-day grace period to make the payment. [14] During this grace period, Diamond Sports also missed a rights payment to the Arizona Diamondbacks. [15] On March 14, 2024, Diamond Sports officially filed for Chapter 11 Bankruptcy. Web1 day ago · The largest unsecured claims in the filing came as $3.3 billion worth of senior notes, according to S&P. Three days earlier, Sinclair Broadcast Group’s regional sports …
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Web1 day ago · March 2024 commercial bankruptcy filings totaled 2,305, up 24% from the same month a year ago. Of those, Chapter 11 filings numbered 548, up 79% from March 2024. For the first quarter, total overall commercial bankruptcies increased 19% compared with a year ago, to 5,733 filings. WebMar 14, 2024 · Diamond Sports Group, LLC COURT Texas Southern Bankruptcy Court CASE NUMBER 9:2024bk90116 TYPE / CHAPTER Voluntary / 11 Actions Subscribe to … how do you cancel bannatynes gym membership
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WebJan 25, 2024 · Owner of Bally Sports RSNs heads for bankruptcy, raising questions. 1.25.2024. Diamond Sports Group is heading toward a $8.6B "debt restructuring in bankruptcy court" as it “stakes its future on a new direct-to-consumer streaming service,” according to Smith, Hudson, & Butt of BLOOMBERG NEWS. The restructuring plan … WebOn June 16, 2024, the Court entered a Final Decree closing 14 of the Debtors’ 15 cases. Between April 26, 2024 and June 16, 2024, all matters in the Debtors’ chapter 11 cases … WebRepresenting the Diamond Sports Group in its high-profile debt restructuring, including securing an agreement with lenders and creditors for a new $635 million first lien term loan credit facility Representing the … how do you cancel bet plus