Bankruptcy

News and Articles About Bankruptcy

Teen Apparel Chain Aeropostale Files for Bankruptcy Protection
Aeropostale

Teen Apparel Chain Aeropostale Files for Bankruptcy Protection

After years of losses, the company said in March it was exploring strategic alternatives, including a sale.
SunEdison Files for Chapter 11 Bankruptcy Protection
Bankruptcy

SunEdison Files for Chapter 11 Bankruptcy Protection

The solar energy company is one of the largest non-financial companies to file for bankruptcy protection in the past decade.
American Apparel Lays Off Workers, Considers Outsourcing
American Apparel

American Apparel Lays Off Workers, Considers Outsourcing

An estimated 500 employees have lost their jobs since layoffs began last week, according to a news report.
The Fates of 21 Retailers Who Filed Chapter 11
Bankruptcy

The Fates of 21 Retailers Who Filed Chapter 11

Here's a list of some retailers that did -- and a few who did not -- bounce back from bankruptcy filings.
Teen Retailer Pacific Sunwear Files for Bankruptcy Protection
Bankruptcy

Teen Retailer Pacific Sunwear Files for Bankruptcy Protection

The company's shares fell as much 42 percent to a record low of 5 cents in early morning trading.
Owner of This Georgia Fried Chicken Joint Came Out a Winner After Corporate Bankruptcy
Franchise Players

Owner of This Georgia Fried Chicken Joint Came Out a Winner After Corporate Bankruptcy

By staying true to herself, Vickey Shelton kept the doors of her Mrs. Winner's Chicken and Biscuit restaurant open through tough financial times for the company.
Erin Schultz
Sports Authority Files for Chapter 11 Protection
Bankruptcy

Sports Authority Files for Chapter 11 Protection

The retailer is the first to file for bankruptcy this year.
Circuit City Is Coming Back From the Dead
Comebacks

Circuit City Is Coming Back From the Dead

Once the top big-box technology retailer, Circuit City filed for bankruptcy in 2008.
San Francisco's Largest Yellow Cab Company Files for Bankruptcy Protection
Bankruptcy

San Francisco's Largest Yellow Cab Company Files for Bankruptcy Protection

The company's president blamed competition from ride-sharing services such as Uber and Lyft, among other factors.
Laura Entis
American Apparel Files for Bankruptcy
Bankruptcy

American Apparel Files for Bankruptcy

The company has been trying to rebound since the ousting of its founder and former CEO Dov Charney.
Phil Wahba
A Failed CEO Is Better Than a Successful Politician
Election 2016

A Failed CEO Is Better Than a Successful Politician

The political class's criticism about setbacks in the work of Trump, Fiorina and Carson is wrong and misguided.
Ray Hennessey
Luxury Bus Company Leap Declares Bankruptcy, Auctions Buses for $5
Bankruptcy

Luxury Bus Company Leap Declares Bankruptcy, Auctions Buses for $5

The San Francisco-based company used to serve fresh-pressed juice to commuters.
Biz Carson
50 Cent's Bankruptcy Is a Lesson in Valuing What You Earn
Bankruptcy

50 Cent's Bankruptcy Is a Lesson in Valuing What You Earn

When you work your way up, you have to learn to value what you have or you end up losing it.
Steve Tobak
5 Money Lessons You Can Learn From 50 Cent's Bankruptcy
Money Management

5 Money Lessons You Can Learn From 50 Cent's Bankruptcy

The famed rapper earned a lot of money but not more than he could squander.
Timothy Sykes