bankruptcy

Sur La Table Files For Bankruptcy And May Sell
Sur La Table Files For Bankruptcy And May Sell
July 09, 2020  |  Retail

Seattle-based high-end kitchen retailer Sur La Table has filed for bankruptcy in a plan that may lead to its sale to affiliates of Fortress Investment Group,...

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AMC Eyes Crucial Debt Deal, Reopening Theaters
AMC Eyes Crucial Debt Deal, Reopening Theaters
July 08, 2020  |  Retail

AMC Entertainment Holdings is still struggling to avoid bankruptcy even as it prepares to reopen many of its movie theaters. AMC is inching closer to a...

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Brooks Brothers Bankruptcy Leads List Of More Fashion Retail Troubles
Brooks Brothers Bankruptcy Leads List Of More Fashion Retail Troubles
July 08, 2020  |  Retail

The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon...

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Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African Ex-Crypto Agency Chief Allegedly Scammed Investors Of $13.4M
Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African...
July 06, 2020  |  Bitcoin

Travala.com, the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to...

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Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
July 06, 2020  |  Retail

Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent...

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Chapter 11 Filings Are Up 43 Pct YOY
Chapter 11 Filings Are Up 43 Pct YOY
July 02, 2020  |  Economy

Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported....

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PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020  |  Investments

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ)...

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Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
June 24, 2020  |  Retail

Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and...

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Forever 21 Bailout Team May Rescue JCPenney
Forever 21 Bailout Team May Rescue JCPenney
June 16, 2020  |  Retail

JCPenney may have a suitor. Reports circulating Tuesday (June 16) have Authentic Brands teaming with mall landlords Simon Property Group and Brookfield Properties teaming up...

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