Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts

Friday, June 10, 2016

Gawker, Filing for Bankruptcy After Hulk Hogan Suit, Is Said to Be for Sale

Gawker, Filing for Bankruptcy After Hulk Hogan Suit, Is Said to Be for Sale


The company’s decision to sell itself came just weeks after it was revealed that the Silicon Valley billionaire Peter Thiel financially supported Mr. Hogan’s lawsuit.


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Wednesday, May 4, 2016

Apparel Retailer Aeropostale Files for Bankruptcy Protection

Apparel Retailer Aeropostale Files for Bankruptcy Protection


Struggling teen apparel retailer Aeropostale Inc filed for Chapter 11 bankruptcy protection on Wednesday, succumbing to years of losses.


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Friday, April 8, 2016

Bankruptcy Battle Threatens a Summer Chill in Atlantic City

Bankruptcy Battle Threatens a Summer Chill in Atlantic City


Business owners worry that a standoff between Gov. Chris Christie and the city government may scare off vital business from tourists.


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Wednesday, March 30, 2016

Business Briefing: SunEdison at ‘Substantial Risk’ of Bankruptcy

Business Briefing: SunEdison at ‘Substantial Risk’ of Bankruptcy


SunEdison, whose acquisition strategy has saddled it with almost $ 12 billion of debt, is at “substantial risk” of bankruptcy, one of its units warned.


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Tuesday, March 29, 2016

Business Briefing: SunEdison at ‘Substantial Risk’ of Bankruptcy

Business Briefing: SunEdison at ‘Substantial Risk’ of Bankruptcy


SunEdison, whose acquisition strategy has saddled it with almost $ 12 billion of debt, is at “substantial risk” of bankruptcy, one of its units warned.










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Wednesday, March 23, 2016

Puerto Rico Fights for Chapter 9 Bankruptcy in Supreme Court

Puerto Rico Fights for Chapter 9 Bankruptcy in Supreme Court


In court on Tuesday, Puerto Rico argued that its exclusion from Chapter 9 leaves the island with few options to alleviate its worsening finances.










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Wednesday, October 14, 2015

In Debt: Inertia May Decide Fate of Proposed Changes to Bankruptcy Law

In Debt: Inertia May Decide Fate of Proposed Changes to Bankruptcy Law


At issue is move to make the bankruptcy the process cheaper for and potentially more favorable to businesses trying to reorganize.


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Monday, October 5, 2015

American Apparel Files for Bankruptcy

American Apparel Files for Bankruptcy


No layoffs were announced in the filing, which still requires approval by the bankruptcy court and is part of a deal that would let the clothing retailer keep most of its 130 U.S. stores open.










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Sunday, October 4, 2015

American Apparel Files for Bankruptcy

American Apparel Files for Bankruptcy


No layoffs were announced in the filing, which still requires approval by the bankruptcy court, and the filing followed a deal that would let the company keep most of its 130 stores open in the United States.










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Friday, October 2, 2015

Hillary Clinton Says Coal Company’s Bankruptcy Plan Hurts Miners

Hillary Clinton Says Coal Company’s Bankruptcy Plan Hurts Miners


Her statement, which called Patriot Coal’s settlement proposal “outrageous,” came as Mrs. Clinton is facing opposition within some major labor unions.


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Thursday, August 27, 2015

In Debt: Flexible Venue Rules Play Important Role in Multimillion-Dollar Bankruptcy Filings

In Debt: Flexible Venue Rules Play Important Role in Multimillion-Dollar Bankruptcy Filings


There are trade-offs regardless of where a company files, but it can be beneficial for large companies to choose to file in locations where the judges have a lot of experience with bankruptcy cases.


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