Chapter 11 bankruptcy protection

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.

Read Full Article

Genco Shipping & Trading files for Chapter 11 bankruptcy protection

Genco Shipping & Trading has filed for Chapter 11 bankruptcy protection on Monday as it planned to restructure the company and emerge immediately from bankruptcy although it did not provide a specific time frame for the move.

Read Full Article

Cengage Learning files for bankruptcy protection due to US$5.8B current debt

Cengage Learning filed for bankruptcy protection under chapter 11 due to its US$5.8 billion debt.

Read Full Article

UPDATE: Lowe’s Steps In after Orchard Supply Files Chapter 11

Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics