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...


Latest News

NECC trustee files compensation plan for 2012 meningitis outbreak victims
The trustee overseeing the bankruptcy of a Massachusetts pharmacy linked to a 2012 meningitis outbreak that killed 64 people, filed a plan that would set aside at least $135 million to compensate vict
Detroit eyes bankruptcy exit in second week of December: attorney
Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday.
Video streaming service Aereo files for bankruptcy
Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday night came five months after the U.S. Supreme C
Ukraine's currency plunges as ceasefire fears grow
Ukraine's currency lost nearly 5 percent of its value on Monday after a weekend that saw the heaviest shelling in a month hit the main rebel stronghold in the east and signs that Moscow had dispatched
GT Advanced says fell victim to 'bait-and-switch' by Apple
Apple Inc pulled a "bait and switch" move to force GT Advanced Technologies into a money-losing deal to supply the iPhone maker with sapphire, according to an affidavit by a senior executive at the co
Energy Future Holdings given conditional OK to take Oncor bids
Bankrupt power company Energy Future Holdings Corp received conditional court approval to accept bids for its majority stake in Oncor, a power transmission company in Texas worth billions of dollars.
Creditors take aim at Energy Future plan for sale of Oncor stake
Energy Future Holdings squared off against creditors in court on Friday as the bankrupt Texas power company sought approval to begin a multibillion dollar auction of its interest in Oncor, a power tra
GT to cut jobs, wind down sapphire plant; takes aim at Apple
GT Advanced Technologies Inc (GTAT.O) said it will cut 890 jobs, close an Arizona plant expected to make scratch-resistant screens for Apple Inc (AAPL.O), and suggested it could pursue legal claims ag
GT Advanced bankruptcy offers warning to Apple suppliers
The financial implosion of Apple Inc (AAPL.O) supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a s
Brookfield bids for Atlantic City's Revel Casino
An affiliate of Brookfield Asset Management (BAMa.TO) (BAM.N) has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Str
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