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Recent Posts in Chapter 11 Bankruptcy Category

73 results found. Viewing page 1 of 3. Go to page 1 2 3   Next

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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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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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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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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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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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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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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Business Bankruptcy

Chapter 11 bankruptcy is a way of reorganizing the debt of a business. In some cases it may involve the business shutting down, but in other situations a company may file for bankruptcy simply to ...
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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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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 ...
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Paper Company Moves Forward with Chapter 11

Even though it was bought out by another company six years ago, the largest maker of coated paper in the country filed for bankruptcy this month. According to the Chapter 11 bankruptcy papers filed in ...
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Institution Needs Government Help to Stay in Operation

One of the largest institutions in the country is facing default if it cannot get financial assistance from the government. The institution has a serious payment due this month, worth $5.5 billion, ...
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Solar Panel Company Moves Forward with Chapter 11

After experiencing several quarters of declining interest in the company, a solar panel-producing corporation has decided to file for Chapter 11 bankruptcy . After speaking with the shareholders, who ...
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Bankruptcy Filings Drop in South Central Texas

Good news for homeowners in South Central Texas: bankruptcy filings have dropped significantly in the area over the past month. According to one bankruptcy researcher, the month of June saw 100 less ...
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Maritime Company Seeks Chapter 11 Protection

After managing others funds for years, one maritime company finds itself filing for Chapter 11 bankruptcy protection. According to the court documents filed in the U.S. Bankruptcy Court in the state ...
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Battle Over MLB Team Continues

The battle for ownership of a major league baseball team continues as the owner is still fighting with the MLB over who should finance the team. While the owner's legal counsel has already drafted ...
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Omega Navigation Enterprises Inc. Faces Chapter 11

Another American company finds itself in the middle of bankruptcy proceedings after failing to restructure debt with its lenders. According to the Chapter 11 bankruptcy documents filed by Omega ...
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McCourt Says Selig is Responsible for Dodgers' Bankruptcy

Attempting a different approach to ending his bankruptcy , Frank McCourt stated this week that Major League Baseball forced him into this position. According to McCourt and his legal team, ...
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Chapter 11 As a Bankruptcy Option

When you are considering bankruptcy , you need to be aware that there are different types of bankruptcy that you can file for. While most individuals will want to apply for Chapter 7 bankruptcy , also ...
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Borders Bankruptcy May Have Impacted Barnes & Noble

Despite being the last big bookseller remaining, Barnes & Noble reported a serious dip in sales this quarter. When compared to a $32 million loss during the same quarter last year, Barnes saw a ...
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