Rue21 Apparel Stores Set to Close in the Coming Weeks After Filing for Third Bankruptcy
Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks.
Bankruptcy
Redbox DVD Rental Business Officially Shutting Down as Parent Firm Faces Bankruptcy Liquidation
Redbox's DVD rental kiosks shut down permanently after parent firm Chicken Soup for the Soul Entertainment changed its Chapter 11 bankruptcy petition to Chapter 7 liquidation.
RedBox Owner Chicken Soup for the Soul Entertainment Files for Bankruptcy, Reporting $970 Million Debt
Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt...
Rite Aid to Close 27 US Outlets as Drugstore Chain Faces Federal Bankruptcy
Rite Aid is closing more than 20 US stores, according to court documents filed this week in its federal bankruptcy case...
Fisker Files for Bankruptcy as Negotiations With Major Carmaker Come to Close
Fisker filed for bankruptcy after purchase talks with a multinational automaker failed...
Red Lobster Abruptly Closes at Least 48 Restaurants in US Amid Bankruptcy Reports
Red Lobster is unexpectedly shutting 48 US locations, liquidating its ...
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the ...
Latest News
Clothing Retailer Express to Shutter Over 100 Outlets as It Declares Bankruptcy
US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores.
Florida Trust Fund Firm Loses Over $100 Million Intended for Disabled Children, Leaving Hundreds of Families Devastated
A Florida special needs non-profit went bankrupt, losing hundreds of families' trust fund worth more than $100 million intended for their disabled children.
Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy
Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
2 Sundance Film Festival Theaters in Utah Are at Risk of Closure After Their Owner Declared Bankruptcy
The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.
The Body Shop Ceases US Operations, Plans to Close Dozens of Stores in UK and Canada Amid Deepening Financial Woes
The Body Shop has ceased operations in the US and is closing dozens of stores in Canada and the UK amid deepening financial troubles.
Terraform Labs Files for Bankruptcy Protection in the US Following $53.6 Billion Crypto Crash
Terraform Labs, a stablecoin behind TerraUSD, filed for Chapter 11 bankruptcy in the United States on Sunday, Jan. 21. The move may allow them to execute their business plan.
Bankruptcy Looms Over Peabody Energy, Files Chapter 11 Sooner or Later
Peabody is facing difficulties as it shares declined sharply the past year. It is considering to file Chapter 11 sooner or later to protect it from creditors while restructuring the company and recove
American Apparel filed for bankruptcy protection; restructures $300M debt
Los Angeles-based American Apparel filed for bankruptcy protection. The clothing company agreed to restructure its finances after negative controversies and slump of sales.
KKR's Samson Resources to File for Bankruptcy
KKR is about to lose its cash investment in Samson Resources worth $4.1 billion from its $7.2 billion buyout four years ago. The unexpected and prolonged downward move of oil and gas pushed Samson to
