Recent Bankruptcy Posts
[Posted on July 3, 2009 at 10:30 AM]
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La Bonita has launched a 'Save The Tortillas!' campaign to help Tammy Young keep ownership of the company and current management intact.
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[Posted on July 2, 2009 at 11:23 AM]
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Crabtree & Evelyn joins a string of other U.S.-based retailers in filing for bankruptcy.
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[Posted on July 1, 2009 at 3:25 PM]
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The SIPC has secured $231 million to pay 543 claims from Bernard Madoff's Ponzi scheme, and it announced a potential $2.74 billion for all 8,800 claims.
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[Posted on July 1, 2009 at 10:59 AM]
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Gannett's trying to reduce costs and will make between 1,000 and 2,000 job cuts on top of a 10% staff layoff last year.
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[Posted on June 30, 2009 at 2:05 PM]
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It seems as if the auction for bankrupt copper mining company Asarco will never end.
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[Posted on June 29, 2009 at 3:36 PM]
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The day before General Motors' bankruptcy sales hearing is set to begin, rumors and speculation about its involvement with Opel and Toyota have bubbled again.
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[Posted on June 29, 2009 at 8:36 AM]
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With three jewelry retailers filing for Chapter 11 bankruptcy protection in June and a bleak economic outlook, odds are strong others will follow soon.
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[Posted on June 27, 2009 at 1:25 AM]
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Fox reports that the government considered allowing AIG to file for bankruptcy in January, after the company had already received more than $85 billion in government assistance.
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[Posted on June 26, 2009 at 4:48 PM]
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As though bankrupt Midway Games didn't have enough problems, 'Fast & Furious' actor Vin Diesel is ticked off at the video game publisher.
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[Posted on June 26, 2009 at 11:36 AM]
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With bids due Friday for buyers looking to keep the NHL's Coyotes in Arizona, one of the unstated consequences of Judge Redfield Baum Sr.'s decision is about to skate on the ice.
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[Posted on June 25, 2009 at 3:00 PM]
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For some auto parts suppliers, the end of the rocky road of the past couple of years may be over as a few sell off assets.
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[Posted on June 25, 2009 at 8:17 AM]
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Chrysler's swift trip through bankruptcy court was supposed to be a case study for General Motors. And maybe it was, just not in the way many observers expected.
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[Posted on June 24, 2009 at 10:11 AM]
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Citigroup's headaches increased Tuesday when its portfolio company Red Roof defaulted on $361.4 million of mortgage debt.
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