Bankruptcy
Bankruptcy Articles
PG&E filed for Chapter 11 bankruptcy protection on Tuesday. The company listed liabilities totaling more than $51 billion and assets valued at more than $71 billion. Other potential liabilities...
Published:
Last Updated:
The federal Pension Benefit Benefit Corporation has filed a motion with the bankruptcy court opposing the sale of Sears to former CEO Eddie Lampert and his hedge fund.
Published:
Last Updated:
The California agency investigating the cause of 2017's massive Tubbs Fire has absolved PG&E of responsibility for the blaze. That's not likely to change the company's mind about a bankruptcy...
Published:
Last Updated:
Northern California gas and electric company PG&E told a federal judge today that his demand for a vegetation management plan could cost the company up to $150 billion and raise customers rates...
Published:
Last Updated:
The impending bankruptcy filing by PG&E has spooked investors in renewable energy yieldcos that are in danger of having contracts canceled. Morgan Stanley analysts offer insight into what might...
Published:
Last Updated:
Pending a bankruptcy court's approval, Sears has avoided liquidation following an offer exceeding $5 billion from former CEO Eddie Lampert. But the store's survival is anything but guaranteed given...
Published:
Last Updated:
Northern California natural gas and electricity provider PG&E recently announced its intention to file for bankruptcy protection. Here's a list of the 11 largest U.S. bankruptcies of all time.
Published:
Last Updated:
Children's clothing company Gymboree will follow several other retailers into Chapter 11. The company is expected to liquidate all 800 stores under its flagship brand.
Published:
Last Updated:
Northern California utility giant PG&E is preparing to file for bankruptcy by the end of this month according to an SEC filing made Monday morning. The company's CEO resigned Sunday and the bad...
Published:
Last Updated:
Sears finds itself under the gun yet again as bankruptcy fears seem to be taking over. While the firm has gone nowhere but down in recent memory, bankruptcy appears all but imminent.
Published:
Last Updated:
24/7 Wall St. reviewed stocks and singled out nine for which a plunge in share is for all practical purposes a sign that a business is well on its way toward failing.
Published:
Last Updated:
Last Friday Reuters reported that embattled utility company PG&E was preparing a bankruptcy filing in the event the state legislature does not step in with assistance for potential liabilities...
Published:
Last Updated:
Auto executive Carlos Ghosn was arrested in Japan for a second time, Walmart is moving into the delivery business in China, and other important business headlines today.
Published:
Last Updated:
Former Sears CEO Eddie Lampert and partners have offered to acquire virtually all of the assets of Sears for a total compensation package of $4.6 billion.
Published:
Last Updated:
T-Mobile's acquisition of Sprint soon may be complete, Apple to begin making feature-length films, Huawei aims to be the world's top smartphone company, and other important business headlines.
Published:
Last Updated: