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

Air freight and transport services provider Evergreen Air files for bankruptcy
Cargo airline Evergreen International Airlines Inc. on December 31 filed for bankruptcy protection in the US Bankruptcy Court in Wilmington, Delaware. Seven other Evergreen affiliates also sought Chap
Two Detroit pension funds file expedited appeal for city's bankruptcy eligibility
Detroit pension funds, the General Retirement System and Police and Fire Retirement System, submitted an expedited appeal with the US 6th Circuit Court of Appeals on a judge's ruling about Detroit's b
Fortress backs new LightSquared bankruptcy exit plan
LightSquared is proposing a new bankruptcy exit plan with financing from Fortress Investment Group and other backers, as the U.S. wireless communications company seeks to avoid a sale to highest bidde
Caesars Entertainment agrees to buy Atlantic Club's non-gaming assets in bankruptcy auction for $15M
Caesars Entertainment has confirmed its acquisition Atlantic Club's non-gaming assets in a bankruptcy auction, with the deal set to be completed after the club closes on January 13 next year.
Bankruptcy court approves Groeb Farms restructuring plan
A US Bankruptcy Court allowed honey supplier Groeb Farms Inc to proceed with its restructuring plan, allowing the Michigan company to come out of Chapter 11 protection.
Eagle Merchant Partners says it won't sell Arcapita's assets
Eagle Merchant Partners, the firm managing the legacy portfolio firms of its former parent bank Arcapita, said it will not be selling Arcapita's assets for cents on the dollar, The Wall Street Journal
Plastic bottle maker Constar files third bankruptcy in a bid to complete its sale to Amcor
Constar International Holdings, which lost its contract with PepsiCo last year, filed for its third bankruptcy since 2008. Constar filed for Chapter 11 protection as it hopes to nail down its sale to
Amcor purchases Constar US assets
Australia-based international packaging giant Amcor has agreed to buy Constar International Holdings' US assets for an unconfirmed sum, in a court-supervised transaction under the US Bankruptcy Code.
Bankrupt Nortel Networks cuts over $3B in claims in reached deal
Three of the four largest claims against the US estate of bankrupt telecoms company Nortel Networks Inc has been resolved, reducing the bills the estate needs to settle by by $5.14 billion, said a Reu
Russia extends $15B bailout package to Ukraine
The state of Russia under President Vladimir Putin agreed to acquire $15 billion worth of Ukrainian Eurobonds to help the beleaguered country of Ukraine out of a potential currency crisis, according t
1 2 3 4 5 6 7 8 9 10
Real Time Analytics