Bankruptcy

Bankruptcy Articles

The world finally has figured out that dealing with Greece's government is becoming like dealing with troubled Latin American markets of years past, except perhaps even worse.
Cliffs Natural Resources announced that it, Bloom Lake General Partner and others had commenced restructuring proceedings in Canada under the Companies’ Creditors Arrangement Act.
When RadioShack's shares will drop to zero due to the impending bankruptcy, a lot of investors will be burned.
According to a report in the New York Post, American Apparel has sharply reduced the time that its factories are open. It seems the retailer is low on cash.
Struggling casino owner Caesars Entertainment announced Monday morning that it is merging with asset acquisition company Caesars Acquisition.
RadioShack shares traded at a multiyear low Wednesday, and the struggling retailer is on track to lose 90% of its value this year.
RadioShack said in an SEC filing that it has signed an agreement with FTI Consulting for "advisory and interim management services."
RadioShack is at odds with its lenders again. The battle is over whether the retailer can close 1,100 locations, among other things.
Caesars Entertainment shares responded favorably to news that the company may restructure as a real estate investment trust (REIT).
Takata faces huge fines, and almost certainly lawsuits, over its defective airbags. If Takata goes bankrupt, claims against the company would be in limbo.
Cellulosic ethanol maker KiOR on Sunday filed for Chapter 11 bankruptcy protection and will seek approval for an auction and sale of its assets.
Dendreon has committed the ultimate sin by filing for bankruptcy protection.
A plan to buy 6,365 badly damaged Detroit homes all at once has fallen apart barely weeks after it was announced with great fanfare.
Reports have broken that Ocwen Financial backdated letters being sent out to homeowners regarding loan modifications and the like.
Here are the bankruptcies that will be etched into the tombstones of failed energy fortunes for time immemorial.