01/23/2012 09:20 PM
Last week American photography pioneers Kodak declared Chapter 11 bankruptcy after they ran into a cash shortage.
01/19/2012 06:14 PM
01/18/2012 08:29 PM
01/17/2012 09:02 PM
01/13/2012 08:56 PM
When California solar company went bankrupt after taking a $535 loan guarantee from the U.S Department of Energy taxpayers were shocked and outraged.
01/13/2012 05:38 PM
Steinberg has battled alcoholism for years, but has been sober since 2010. He told the Associated Press that he takes responsibility for his millions of dollars in debt. He also said he lost contro...
01/11/2012 09:31 PM
With the Fox matter settled, the Dodgers can continue to look for a buyer and maximize the value of the team. Several buyers have expressed interest and their bids are due by January 23rd.
01/10/2012 08:00 PM
01/09/2012 10:55 PM
01/06/2012 05:59 PM
The NY Mets announced Thursday that they hired CRG Partners, a firm who assisted the Texas Rangers with their bankruptcy in 2010. In the announcement the Mets stated the turnaround and bankruptcy f...
01/05/2012 09:16 PM
01/05/2012 05:44 PM
Kodak is an American business icon, but the company has fallen into hard times and The Wall Street Journal has reported the company is close to filing for bankruptcy protection.
12/23/2011 09:00 PM
A bankruptcy judge in Tennessee has decided to switch rapper Young Buck’s Chapter 11 filing to liquidation, and as a result he may lose one of his biggest assets, his name.
12/22/2011 10:24 PM
A judge has said that AMR Corp. can go ahead with their planned purchase of Boeing aircraft despite the fact they are in bankruptcy. Like many airlines, which struggled for survival after 9/11, AMR...
12/16/2011 06:56 PM
Delta Petroleum Corp. has filed for Chapter 11 bankruptcy protection after failing to find a buyer because of troubled assets. Delta Petroleum’s production is primarily natural gas and has been aff...
12/12/2011 09:49 PM
Lee Enterprises Inc., which publishes 48 different daily newspapers, has filed for Chapter 11 bankruptcy protection in the effort to unload debt amid dwindling paper sales.
12/08/2011 07:43 PM
MF Global sought out a bankruptcy attorney after investments into European debt led to a collapse of the firm. After filing for bankruptcy, trustees discovered that billions of dollars were missing...
11/23/2011 08:32 PM
A bakery in the UK decided to run a Groupon coupon to draw more customers to their small bakery. Instead of being a boom to their business their deal with Groupon brought them to the brink of bankr...
11/15/2011 09:45 PM
Stock prices for American Airlines slipped today after the company failed to make progress in negotiations with pilot unions. According to Fitch Ratings, the long deadlock with pilot’s labor contra...
11/14/2011 09:48 PM
Former clients of MF Global are alleging that JP Morgan is side stepping their rights in the debt recovery process of the investment firm’s bankruptcy, according to the New York Post. JP Morgan gav...