RCS Capital Gains First Ch. 11 OKs On $1.4B Debt Rework

February 02, 2016

Broker-dealer holding company RCS Capital Corp. cleared its first court appearance in Delaware on a short-fused Chapter 11 rework of its $1.4 billion in liabilities on Monday, winning key interim approvals but putting off until Friday the filing of its pivotal bankruptcy disclosure statement.

Read "RCS Capital Gains First Ch. 11 OKs On $1.4B Debt Rework."