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Recent Posts in Bankruptcy in the News Category

124 results found. Viewing page 1 of 5. Go to page 1 2 3 4 5   Next

Another Fuel Company Files for Bankruptcy

Even though there is an increased demand for alternative fuel products, companies that provide them have been unable to maintain operations in a dismal economy. One such company was forced to file for ...
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Famous Snack Food Producer Seeking Chapter 11 Protection

A famous snack food may no longer be found on store shelves as the company that manufactures the product is filing for Chapter 11 bankruptcy this month. After being in business for decades, this ...
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Character Inspiration Behind Jerry Macguire Files for Chapter 7

The inspiration for "Jerry Macguire", a movie about aggressive professional athlete agents, has filed for bankruptcy this month. According to news sources, he is claiming to have between $1 ...
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131-Year-Old Photography Company Fighting Bankruptcy with Patents

The end of an era is near for one company that has been in business for over 100 years. Investors are sensing financial distress and reports indicate that they have started to sell stock in the ...
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Economic Downturn May Have Prompted Transportation Company to File Chapter 7

Despite the continued need for transportation and delivery companies, a specialty company has been forced to file for bankruptcy. The small company opted for Chapter 7 bankruptcy and has told its ...
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Long Time Photography Company Facing Bankruptcy

A long-time photography company may be forced to shut its doors forever if several sales do not go through. Company executives are prepared to file for Chapter 11 bankruptcy protection but are hoping ...
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Rapper Forced to File for Bankruptcy

Despite gaining fame as a talented rapper, one musician has been forced to file for bankruptcy this year. What started out as a Chapter 11 reorganization plan for the rapper has been changed into a ...
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Fast-Food Shop May File for Chapter 11

A popular fast-food sandwich shop chain is working with its creditors to avoid filing for bankruptcy. If the plan to buy out the chain does not go through, however, the chain will be forced to file ...
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Chapter 7 Case Makes its Way to Court of Appeals

A Chapter 7 bankruptcy case has made its way all the way up to a U.S. circuit court of appeals. Luckily for the person affected by the bankruptcy case, the court ruled in a couple's favor. ...
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Swedish Car Company Filing for Bankruptcy

A popular Swedish car company announced this week that it will file for Chapter 11 bankruptcy . This announcement came with much regret after the company had worked for months to secure much-needed ...
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Attorneys in Conflict Over Single Word in Bankruptcy Case

An entire county in Alabama has been forced to file for bankruptcy and the process has not been easy so far. Attorneys have been battling it out in court over the definition of a single word, ...
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Airline Making Changes after Filing for Chapter 11

One airline is going through serious changes after announcing that it will file for Chapter 11 bankruptcy. The new CEO spoke publicly this week to say that while the airline is confident about ...
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Largest Bankruptcy Drawing to a Close

The largest bankruptcy case in history is finally drawing to a close almost four years after it first began. The financial institution that once controlled a significant portion of the country's ...
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TV Star Files for Bankruptcy Twice in One Year

A reality TV star had filed twice for bankruptcy within a period of one year. The 41-year-old filed again in Georgia after her first filing was dismissed. While her attorney is not speaking publicly ...
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Bankruptcy Causes Company to Lose Sponsorship

One company will not only lose their corporate sponsorship of a popular basketball team but may also be forced to pay out tens of millions of dollars to its customers. Although information regarding ...
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Animal Sanctuary Shut Down due to Bankruptcy

While most bankruptcy cases involve people fighting to keep their homes, one case involved a bunch of monkeys. An animal refuge that was home to 112 monkeys and one baboon was forced to file for ...
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Arizona Municipality Faces Bankruptcy

A municipality in Alabama is going to file what could be the largest municipal bankruptcy yet in history. After a meeting of commissioners voted to go ahead with the bankruptcy, the town is now in ...
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Bondholders Negatively Impacted by Chapter 11 Filing

The way in which a holding company is planning on filing for bankruptcy could seriously affect bondholders, but not parent-company shareholders. Earlier this month the parent company announced that it ...
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Judge to Make Decision in Major Chapter 11 Case

After spending months listening to the bankruptcy case of a major media company, the judge presiding over the case is just days away from issuing his opinion. The delay in issuing an opinion has been ...
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Baseball Team Owner Still Dealing with Bankruptcy Woes

What was first looked at as a keen business move is now serving to make one man's life more difficult. Seven years ago, a businessman purchased a popular baseball team for $421 million. Since ...
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Lower Rates of Bankruptcy Reported in South Central Texas

South Central Texas has seen some serious fluctuations in bankruptcy filings this year, with recent trends favoring lower rates of bankruptcy. According to on U.S. Bankruptcy Court, bankruptcy filings ...
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Battle for Baseball Team Continues

The battle for a professional baseball team has been going on for nearly one year. Although the owner of the team filed for bankruptcy over twelve months ago, the fight to retain ownership of the team ...
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40-Year-Old Quarterback Pursues Chapter 7

In any professional sport, an athlete over 40 years old is considered ready for retirement. One such football player is ready to retire, but he is having some financial problems that could make ...
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One Company Influences Bankruptcy Claims Trading

Just one company's bankruptcy filing was enough to influence total claims trading in the US for the month of August. The company, which filed the largest bankruptcy in American history, has been ...
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Major Bank Weighs Bankruptcy Options

One major US bank is in danger of financial ruin due to one of its units. While the plans have yet to be released, several insiders are hinting that the unit just might go into bankruptcy in the near ...
Continue reading "Major Bank Weighs Bankruptcy Options" »
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