Bankruptcy

Bankruptcy

Fred’s to Close All Stores in Chapter 11 Bankruptcy Liquidation

The discount retailer has been reporting yearly losses since 2015.

Debra Wallace
September 9, 2019
Tax

IRS Aims to Catch Up to Tech Advancements

Tax agency proposes regulations that would impact tax on income from international cloud transactions and electronic transfers of digital content.
Global Business

When the International Tail Wags the Domestic Dog

Seemingly minor overseas issues can significantly affect a restructuring or distressed-sale transaction by a U.S. parent company.
Bankruptcy

Barneys New York Files for Bankruptcy; Closing Most Stores

The luxury department store chain has faced rising rents and unsuccessful attempts to find a buyer.
Bankruptcy

Fire Forces Philadelphia Energy Solutions to File for Bankruptcy

The largest refinery on the U.S. East Coast was forced to file for bankruptcy protection after an explosion and fire last month.
Bankruptcy

Coal Bankruptcies Continue With Blackhawk Filing

The company is seeking to reduce a $1 billion debt burden resulting from acquisitions of the assets of distressed mining firms.
Bankruptcy

Alarm Firm Monitronics Files Chapter 11 Petition

With a plan to halve debt, Monitronics expects to be "better positioned to succeed in the highly competitive security alarm monitoring industry."
Bankruptcy

iPic Entertainment Files for Bankruptcy; Pursues Sale

The luxury theater chain hopes to restructure its debt and strengthen its balance sheet.
Banking & Capital Markets

Flower Delivery Service FTD Files Bankruptcy

The company says its finances have wilted as the expected benefits from its $430 million acquisition of ProFlowers have not materialized.
Banking & Capital Markets

Shutter Maker Files Chapter 11 With Sale Plan

American Home Products has accepted a "stalking horse" bid for its assets, which include the Louver Shop and Danmer brands.
Banking & Capital Markets

British Steel Goes Insolvent, Blaming Brexit

"There are a number of reasons why [British Steel's] turnaround has been very badly blown off course but the main one is Brexit,” its owner says.
Bankruptcy

Hollander Sleep Products Files Chapter 11

The bedding products maker says materials price increases and costs to integrate an acquisition have left it with only $523,000 in cash on hand.
1 2 3 … 52

Latest Articles

Credit

Moody's Deals a Blow to Ford With Credit Downgrade

September 10, 2019
Technology

McDonald’s Buys AI Company to Automate Drive-Thru Ordering

September 10, 2019
Artificial Intelligence

8 Trends Are Putting AI Into Clearer View

September 10, 2019
M&A

Shopify Buys 6 River to Boost Robotics Business

September 10, 2019
Supply Chain

Apple Says Zhengzhou Factory Broke Labor Rules

September 9, 2019