News and Articles About Bankruptcy

Judge Confirms Detroit Plan to Exit Historic Bankruptcy
Detroit

Judge Confirms Detroit Plan to Exit Historic Bankruptcy

The ruling comes more than two months after the start of a hearing to determine whether the plan was fair to creditors and feasible for the city to implement.
Can a Business Grow Itself Into Bankruptcy?
Bankruptcy

Can a Business Grow Itself Into Bankruptcy?

Sometimes, increasing sales can backfire, and the math will eat a company alive.
Doug and Polly White
Apple, Embattled Supplier, Strike Deal to Unseal Info
Bankruptcy

Apple, Embattled Supplier, Strike Deal to Unseal Info

GT Advanced Technologies can now begin the shutdown of key Arizona operations, and shed some more light on why the former stock market darling abruptly filed for bankruptcy this month.
Crumbs's Comeback Begins With Grand Reopening and Pastry Mashups
Crumbs Bake Shop

Crumbs's Comeback Begins With Grand Reopening and Pastry Mashups

Crumbs is celebrating its reopening under new owners Marcus Lemonis and Fischer Enterprises with 'Crumbnuts' and 'Baissants.'
Kate Taylor
Tech Company's Bankruptcy Offers Warning to Apple Suppliers
Bankruptcy

Tech Company's Bankruptcy Offers Warning to Apple Suppliers

GT Advanced Technologies suffered the consequences after Apple decided not to use its scratch-resistant sapphire glass screens for the iPhone 6.
Apple Partner Files for Bankruptcy
Bankruptcy

Apple Partner Files for Bankruptcy

The company that developed the scratch-resistant sapphire glass that was left out of Apple's new large-screen iPhones is in financial distress.
Crumbs Buyer's Bid Goes Unchallenged as Chain Prepares to Emerge From Bankruptcy
Bankruptcy

Crumbs Buyer's Bid Goes Unchallenged as Chain Prepares to Emerge From Bankruptcy

Lemonis Fischer's $6.5 million bid for the cupcake chain went unchallenged by the public, meaning the final sale of the company is less than a week away.
Kate Taylor
Mrs. Fields and TCBY Are Rising From the Ashes, Hand in Hand
Franchise

Mrs. Fields and TCBY Are Rising From the Ashes, Hand in Hand

Through dual branding and an in-store ecommerce business, the two sweet sister brands are hoping to cash in on a new type of franchise.
Kate Taylor
Big-Name Startups Land on Most-Doomed Brands List
Going out of business

Big-Name Startups Land on Most-Doomed Brands List

Some of the companies that are expected to falter next year are headed by entrepreneurs you're very familiar with.
Jason Fell
Richard Branson on the Right Way to Multitask
Multitasking

Richard Branson on the Right Way to Multitask

Taking on too much too fast can lead to disaster.
Richard Branson
Bitcoin Exchange Mt. Gox Heads for Liquidation
Bitcoin

Bitcoin Exchange Mt. Gox Heads for Liquidation

Mt. Gox isn't rising from the ashes after all and its customers will likely never see the hundreds of thousands of bitcoins the shattered exchange lost.
Kim Lachance Shandrow
Bankrupt Quiznos Settles With Franchisees in Cost Dispute
Legal Center

Bankrupt Quiznos Settles With Franchisees in Cost Dispute

The bankrupt sandwich chain has reached a settlement with 12 defunct franchisees who were suing the company for about $40 million.
Kate Taylor
Presented by