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News and Articles About Bankruptcy

Bitcoin Exchange Mt. Gox Heads for Liquidation
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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.
April 16, 2014 in Business News
Bankrupt Quiznos Settles With Franchisees in Cost Dispute

Bankrupt Quiznos Settles With Franchisees in Cost Dispute

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The bankrupt sandwich chain has reached a settlement with 12 defunct franchisees who were suing the company for about $40 million.
April 8, 2014 in Franchises
Mt. Gox Mysteriously Finds $114 Million Worth of 'Missing' Bitcoins

Mt. Gox Mysteriously Finds $114 Million Worth of 'Missing' Bitcoins

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The shady Bitcoin exchange's extended meltdown gets fishier by the minute.
March 21, 2014 in Business News
Sbarro, a Food-Court Staple, May File for Bankruptcy as Early as Next Week

Sbarro, a Food-Court Staple, May File for Bankruptcy as Early as Next Week

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If 2014 is the year fast-food pizza dies, Sbarro may be the first victim. According to reports, the chain is preparing to file for bankruptcy.
March 6, 2014 in Franchises
Report: Quiznos Is Preparing to File for Bankruptcy

Report: Quiznos Is Preparing to File for Bankruptcy

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According to reports, Quiznos is moving towards its second major financial restructuring in the last two years.
February 28, 2014 in Franchises
How Lego Came Back From the Brink of Bankruptcy

How Lego Came Back From the Brink of Bankruptcy

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With its new 'The Lego Movie' out in theaters, a look at how the company skirted financial breakdown.
February 12, 2014 in Management & Operations
Back to the Future: Barneys to Open New Store in Building Where it Was Founded

Back to the Future: Barneys to Open New Store in Building Where it Was Founded

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In a serendipitous twist, the ultra-luxe retailer will reopen a second New York City flagship store in the very building where its business was founded in 1923.
December 19, 2013 in Retail Center
Photos: The Fall of a Franchise: Blockbuster and 5 Other Chains That Went Bust

The Fall of a Franchise: Blockbuster and 5 Other Chains That Went Bust

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What happens to franchisees when their franchisor goes belly up? Check out the rise and fall of these six formerly big U.S. chains.
November 15, 2013 in Franchises
Everything You Wanted to Know About VC Liquidation Preference But Were Afraid to Ask

Everything You Wanted to Know About VC Liquidation Preference But Were Afraid to Ask

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Read the second part of a series that walks you step-by-step through a venture capital deal.
October 25, 2013 in Venture Capital
The Real Demon of Detroit (Opinion)

The Real Demon of Detroit (Opinion)

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An anti-business mindset is the real reason the Motor City finds itself in bankruptcy court. A federal bailout would be further evidence of its bad bets.
July 19, 2013 in Location
How One Business Bounced Back from Bankruptcy

How One Business Bounced Back from Bankruptcy

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Four factors that led to Fatburger's financial comeback.
January 4, 2013 in Cash Flow & Money Management
How Ground Round, Sizzler and Bennigan's Bounced Back from Bankruptcy

How Ground Round, Sizzler and Bennigan's Bounced Back from Bankruptcy

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A handful of classic restaurant brands have reemerged from bankruptcy. Here's how these franchises fought their way back from the great strip mall in the sky.
May 29, 2012 in Franchises
How Your Business Can Last Longer than a Twinkie

How Your Business Can Last Longer than a Twinkie

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Kodak and Hostess may have landed in bankruptcy court, but you can avoid their fate. Here are four tips.
January 27, 2012 in Innovation
Friendly's Bankruptcy: A Lesson for Any Franchisee

Friendly's Bankruptcy: A Lesson for Any Franchisee

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Our franchise columnist looks at what happens to any franchise operator when a parent company files for bankruptcy protection.
October 5, 2011 in Franchises
What Small-Business Owners Can Learn from the Dodgers' Financial Woes

What Small-Business Owners Can Learn from the Dodgers' Financial Woes

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A bankruptcy attorney offers his top three lessons from the ball club's Chapter 11 filing.
June 28, 2011 in Management & Operations
Is Small Business on the Rebound in Your Town?

Is Small Business on the Rebound in Your Town?

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A look at small-business bankruptcy filings reveals that economic conditions are looking up in some places.
March 23, 2011 in Grow Your Business

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