Bankruptcy News (Dealscape)

Bankruptcy

Bankruptcy Update: ITG, Haven Eldercare, Zestra and more

[Posted on July 3, 2008 at 8:45 AM]

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Filed under: Auction | Bankruptcy

Here are some of the latest bankruptcy stories our reporters have been covering Thursday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider....

Bellach's owner takes his bankruptcy case to the people

[Posted on July 2, 2008 at 4:28 PM]

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Filed under: Bankruptcy | Editor's Choice

It seems as if one retailer a week is filing for bankruptcy, meaning a company such as Bellach's Leather Furniture for Living Inc. would easily get lost in the Chapter 11 parade. But Bellach's owner, and his opinion of the federal bankruptcy system, is hardly commonplace. ...

Samuel Israel surrenders

[Posted on July 2, 2008 at 1:06 PM]

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Filed under: Bankruptcy | Dealmakers | Scandal

Samuel Israel III, the hedge fund manager convicted of defrauding investors out of millions, who fled shortly before he was to report to prison, has reportedly turned himself in to authorities in western Massachusetts....

Bankruptcy Update: Steve & Barry's, El Paso, USA Springs and more

[Posted on July 2, 2008 at 8:53 AM]

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Filed under: Auction | Bankruptcy | M&A

Here are some of the latest bankruptcy stories our reporters have been covering Wednesday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider....

IndyMac downplays Schumer's remarks

[Posted on July 1, 2008 at 2:51 PM]

There's not much you can get for less than 65 cents these days: a pack of gum, certain daily newspapers around the country and apparently a share of IndyMac Bancorp. The Pasadena, Calif.-based bank has sunk nearly 90% in 2008 and is currently trading around 62 cents per share, setting off allegations of its pending demise....

Bankruptcy Watch: Steve & Barry's

[Posted on July 1, 2008 at 12:28 PM]

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Filed under: Bankruptcy | Retail

Steve & Barry's LLC may be the next retailer to file for bankruptcy, according to The Wall Street Journal. A Chapter 11 filing for the privately owned clothing retailer may come as early as this week....

Bankruptcy Update: Lothian Oil, IdleAire and Room Source

[Posted on July 1, 2008 at 8:52 AM]

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Filed under: Auction | Bankruptcy | Retail

Here are some of the latest bankruptcy stories our reporters have been covering Tuesday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider....

Will bankruptcy clouds settle over GM?

[Posted on June 30, 2008 at 3:28 PM]

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Filed under: Autos | Bankruptcy | Distressed

Remember the old adage, "What's good for General Motors is good for America?" It's especially relevant now that Toyota Motor Corp. is on the verge of passing General Motors Corp. in U.S. auto sales....

Bankruptcy Update: Driggs, Delphi, Kitty Hawk and more

[Posted on June 30, 2008 at 8:38 AM]

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Filed under: Auction | Autos | Bankruptcy | Retail

Here are some of the latest bankruptcy stories our reporters have been covering Monday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider....

Haven Eldercare sale bedeviled by trouble

[Posted on June 27, 2008 at 5:24 PM]

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Filed under: Bankruptcy

Bankrupt nursing home operator Haven Eldercare LLC just can't get a break when it comes to selling itself....

Bankruptcy Update: Goen Technologies, American Halal and Greektown

[Posted on June 27, 2008 at 8:40 AM]

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Filed under: Auction | Bankruptcy

Here are some of the latest bankruptcy stories our reporters have been covering Friday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider....

Progressive Moulded typifies troubles of auto parts makers

[Posted on June 26, 2008 at 3:09 PM]

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Filed under: Autos | Bankruptcy

When auto parts maker Progressive Moulded Products Ltd. tumbled into Chapter 11 on June 20, it exposed an interesting wrinkle that may be worth watching in the sector....

Chrysler denies bankruptcy rumors

[Posted on June 26, 2008 at 3:02 PM]

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Filed under: Autos | Bankruptcy | Distressed

Chrysler LLC is denying rumors that it may file for Chapter 11. A spokesman for the privately held automaker told Reuters that the rumors were "without merit." He also said that the company had ample liquidity....

Bankruptcy Update: Progressive, Death Row, Midwest, and more

[Posted on June 26, 2008 at 9:11 AM]

No time to waste for bankrupt JHT

[Posted on June 25, 2008 at 4:07 PM]

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Filed under: Bankruptcy

JHT Holdings Inc. must exit bankruptcy protection 120 days after Tuesday's Chapter 11 filing, the latest example of companies being whisked in and out of court protection by lenders seeking to curtail their risks amid the continued turmoil in the credit markets....

Bankruptcy Update: Whitehall Jewelers, TVT Records, SunCrest and more

[Posted on June 25, 2008 at 8:51 AM]

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Filed under: Bankruptcy

Six Flags may have to raise white flag

[Posted on June 24, 2008 at 4:49 PM]

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Filed under: Bankruptcy | Distressed | M&A | Ratings Review

The second-largest U.S. amusement park company, Six Flags Inc., has been on a downhill ride over the last decade with its latest twist, a downgrade to selective default from CCC+ by Standard & Poor's....

Whitehall an example of a roll-up gone bad

[Posted on June 24, 2008 at 2:35 PM]

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Filed under: Bankruptcy | Retail

Whitehall Jewelers Holdings Inc. is a painful example of how tough it can be for retailers these days to try and roll up acquisitions....

Bankruptcy Update: Modern Continental, Gemini, Deep Ocean and more

[Posted on June 24, 2008 at 8:52 AM]

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Filed under: Airlines | Bankruptcy | Retail

Whitehall files for Ch. 11

[Posted on June 23, 2008 at 5:17 PM]

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Filed under: Auction | Bankruptcy

Whitehall Jewelers Holdings Inc. is the latest jeweler to file for Chapter 11 as consumer confidence has plummeted and creditors are opting for out-of-court restructurings resulting in a number of quick liquidations....

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The Deal Calendar: July 7-July 11, 2008

Suzanne Stevens speaks with Matt Wurtzel about potential deals in the video gaming sector.

Bankruptcy

Bankruptcy Update: ITG, Haven Eldercare, Zestra and more

Bellach's owner takes his bankruptcy case to the people

Samuel Israel surrenders

Bankruptcy Update: Steve & Barry's, El Paso, USA Springs and more

IndyMac downplays Schumer's remarks

Bankruptcy Watch: Steve & Barry's

Bankruptcy Update: Lothian Oil, IdleAire and Room Source

Will bankruptcy clouds settle over GM?

Bankruptcy Update: Driggs, Delphi, Kitty Hawk and more

Haven Eldercare sale bedeviled by trouble

Bankruptcy Update: Goen Technologies, American Halal and Greektown

Progressive Moulded typifies troubles of auto parts makers

Chrysler denies bankruptcy rumors

Bankruptcy Update: Progressive, Death Row, Midwest, and more

No time to waste for bankrupt JHT

Bankruptcy Update: Whitehall Jewelers, TVT Records, SunCrest and more

Six Flags may have to raise white flag

Whitehall an example of a roll-up gone bad

Bankruptcy Update: Modern Continental, Gemini, Deep Ocean and more

Whitehall files for Ch. 11

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