Bankruptcy

Bankruptcy Articles

Japanese auto parts supplier Takata has filed for bankruptcy, Daniel Loeb's hedge fund took a big billion position in Nestle and SpaceX launched a rocket that carried satellites.
One key barometer of the economy is how everyday people are managing their finances from month to month. Turns out the national bank card default rate was a 48-month high.
It is getting increasingly difficult for gadget geeks to get queries resolved at a RadioShack store. That’s because the consumer electronics retailer shuttered more than 1,000 stores over the...
Bankruptcies among retailers are piling up, and these 10 companies are the most at risk now to be one of the next to choose bankruptcy.
There is another Greece situation that was actually closer to the U.S. and may have more directly exposure to the U.S. than Greece. The inevitable bankruptcy of Puerto Rico has finally arrived, sort...
Republic Airways, the second-largest regional airline in the United States, announced that it has emerged from its Chapter 11 restructuring.
U.S. retail bankruptcies are on a record pace for the first three months of 2017. There were 14 bankruptcy filings, and if that pace continues, the number will easily eclipse the 42 bankruptcies...
Consumer electronics retailer hhgregg has commenced a liquidation sale at the company's 200 stores after failing to find a buyer.
Privately held Payless ShoeSource has filed for Chapter 11 and announced that it will close 400 of its 4,400 stores.
RadioShack parent, General Wireless Operations, made a voluntary Chapter 11 filing yesterday. The company stated it would close 200 stores immediately.
As expected, RadioShack parent General Wireless Operations filed for Chapter 11. The company will shutter 200 stores immediately. It does not have plans yet for another 1,300. The once proud...
Cab medallions in New York City have dropped below $400,000 in some cases as Uber continues to dismantle the market.
For the second time in less than a year, clothing maker American Apparel has filed for bankruptcy protection, after selling its intellectual property rights, including the name.
Less than a year after emerging from bankruptcy, American Apparel Inc. (NYSE: APP) may not survive the coming holiday season without filing for a second bankruptcy. When the company emerged from...
A bad business climate is likely one of the reasons commercial bankruptcy filings are about 28% higher through the first nine months of the this year.