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bankruptcy
PG&E Says Bankruptcy Court Approves Its Chapter 11 Reorganization Plan
PG&E Corp said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step closer ...
June 20, 2020
BY
Reuters
What Happens If a City Goes Bankrupt? California Insider With Laurie Davies
We often associate bankruptcy with individuals, companies, or corporations, but almost never with cities. In fact, in 2013, ...
June 19, 2020
BY
Siyamak Khorrami
US SEC Has Problems With Car Rental Firm Hertz Selling New Shares: CNBC
The U.S. Securities and Exchange Commission (SEC) has told bankrupt Hertz Global Holdings it has issues with the ...
June 17, 2020
BY
Reuters
24 Hour Fitness Files for Bankruptcy, Closes 100 Locations
Gym chain 24 Hour Fitness said it is filing for Chapter 11 bankruptcy and will close 100 locations around ...
June 15, 2020
BY
Jack Phillips
Bankrupt Car Rental Firm Hertz to Offer Up to $1 Billion in Shares
Car rental firm Hertz Global Holdings Inc said it would sell up to $1 billion in shares, cashing ...
June 12, 2020
BY
Reuters
Luggage and Jewelry Stores Lose Money, Jobs Daily
A store owner at China’s largest luggage market videotaped the dreary situation, saying that all stores there are ...
June 5, 2020
BY
Olivia Li
6 Big Chains File for Bankruptcy in May
Temporary store closures. Near-zero travel demand. People shopping online even more as they're stuck home. It was the ...
May 29, 2020
BY
Web Staff
Bakery Chain Le Pain Quotidien’s US Division Files for Bankruptcy
Bakery chain Le Pain Quotidien has filed for bankruptcy in the United States to prevent shutting down permanently, according ...
May 28, 2020
BY
Jack Phillips
Hertz Files for US Bankruptcy Protection as Car Rentals Evaporate Amid CCP Virus Pandemic
NEW YORK—The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection ...
May 23, 2020
BY
Reuters
Macy’s Warns of up to $1 Billion Quarterly Loss Due to Lockdowns
Macy's Inc said on May 21 it could rack up operating losses of up to $1.11 billion in ...
May 21, 2020
BY
Reuters
Small City in Alabama Files for Bankruptcy Amid Pandemic
A small city in Alabama, which for years has struggled to make ends meet and has seen several ...
May 20, 2020
BY
Tom Ozimek
Pier 1 Imports to Close All 540 Stores Amid Pandemic
Retailer Pier 1 Imports announced Tuesday it is planning to shut down all its stores for good, three ...
May 19, 2020
BY
Jack Phillips
SAA Has Spent $539 Million Since Filing for Bankruptcy Protection: Practitioners
CAPE TOWN—South African Airways (SAA) has spent just under 10 billion rand ($540 million) since it entered a ...
May 18, 2020
BY
Reuters
US Bankruptcy Court Allows JCPenney to Keep Paying Staff
JCPenney can keep paying staff and vendors after it filed for Chapter 11 bankruptcy on May 15, a ...
May 17, 2020
BY
Jack Phillips
J.C. Penney Files for Bankruptcy
NEW YORK—The CCP virus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter ...
May 15, 2020
BY
The Associated Press
JCPenney Gives Executives Bonuses Ahead of Deadline for Possible Bankruptcy Filing
As JCPenney struggles with missed debt payments and prepares for a possible bankruptcy filing, it approved bonuses of ...
May 13, 2020
BY
Wire Service
Shale Pioneer Chesapeake Considers Bankruptcy Filing After Oil Rout
Chesapeake Energy Corp said on Monday it was unable to access financing and was considering a bankruptcy court ...
May 11, 2020
BY
Reuters
World’s Second-Oldest Airline Files for Bankruptcy Due to Pandemic
Avianca Holdings, the world's second-oldest airline, filed for bankruptcy on Sunday, after its fleet was grounded due to ...
May 11, 2020
BY
Tom Ozimek
Discount Retailer Stage Stores Files for Chapter 11 Bankruptcy
Stage Stores, which operates more than 700 department stores in 42 states, filed for Chapter 11 bankruptcy protection, ...
May 11, 2020
BY
Jack Phillips
Luxury Goods Retailer Neiman Marcus Files for Bankruptcy, Blames Pandemic
Neiman Marcus on Thursday has filed for Chapter 11 bankruptcy protection, casting a shadow over other retailers as ...
May 7, 2020
BY
Jack Phillips
J. Crew Files for Bankruptcy as Preppy Retailer Succumbs to COVID-19 Fallout
J. Crew Group filed for bankruptcy protection on May 4 with a plan to hand over control to ...
May 4, 2020
BY
Reuters
Many Chinese Export Companies Face Bankruptcy
Click Here to Our YouTube Channel for More Videos A company boss told employees that in south China, 80 ...
May 3, 2020
BY
Epoch Video
Chesapeake Energy Preparing Bankruptcy Filing
Chesapeake Energy Corp, the oil and gas exploration and production company that was at the forefront of the ...
April 30, 2020
BY
Reuters
Small-Town America: ‘One Bad Season Away From Bankrupt’
Commentary OHIOPYLE, Pa.—Like most places in the United States, this tiny patch of a town is struggling to ...
April 28, 2020
BY
Salena Zito
Investors to Challenge Neiman Marcus Bankruptcy Loan, Push for Sale: Sources
An investor group that comprises investment firm Mudrick Capital Management and Daniel Loeb's hedge fund Third Point plans ...
April 27, 2020
BY
Reuters
Cuomo Dares McConnell to Pass Law Letting States Declare Bankruptcy
New York Gov. Andrew Cuomo criticized Senate Majority Leader Mitch McConnell (R-Ky.) for proposing a change to existing ...
April 24, 2020
BY
Tom Ozimek
Cuomo Pushes Back on McConnell’s Suggestion of States Declaring Bankruptcy
New York Gov. Andrew Cuomo criticized Senate Majority Leader Mitch McConnell's (R-Ky.) suggestion that some states experiencing financial ...
April 23, 2020
BY
Zachary Stieber
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TOP NEWS
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GQ Pan
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Ivan Pentchoukov
Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
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Ivan Pentchoukov