News and Articles About Bankruptcy
That so many small businesses fail is no mystery when, on average, each is owed $84,000 for products and services delivered but not paid for.
Silicon Valley billionaire Peter Thiel said in May he helped fund the invasion of the privacy lawsuit filed by Hogan, whose real name is Terry Bollea.
Bankruptcy is not ultimate failure, it is the clean slate you need to move forward.
The company has been embroiled in an expensive legal battle with wrestler and entertainer Hulk Hogan, who is backed by wealthy investor Peter Thiel.
After years of losses, the company said in March it was exploring strategic alternatives, including a sale.
The solar energy company is one of the largest non-financial companies to file for bankruptcy protection in the past decade.
An estimated 500 employees have lost their jobs since layoffs began last week, according to a news report.
Here's a list of some retailers that did -- and a few who did not -- bounce back from bankruptcy filings.
The company's shares fell as much 42 percent to a record low of 5 cents in early morning trading.
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.
The retailer is the first to file for bankruptcy this year.
Once the top big-box technology retailer, Circuit City filed for bankruptcy in 2008.
The company's president blamed competition from ride-sharing services such as Uber and Lyft, among other factors.
The company has been trying to rebound since the ousting of its founder and former CEO Dov Charney.