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Entries tagged "Chapter 7"Chang-Lima Studios joins bankrupt retailersRising operating costs and $1.58 million in liabilities drove fashion house Chang-Lima Design Studio into Chapter 11 on Tuesday. Signs of life at Hard Rock ParkJust when it looked as if the Myrtle Beach, S.C., amusement park would be liquidated, bidders are finally knocking with reasonable offers. IndyMac Bancorp files for bankruptcyIt seems like just yesterday that IndyMac Bancorp CEO Michael Perry was telling analysts and shareholders that everything was OK with the nation's second-largest independent mortgage lender following its first ever quarterly loss and it could weather the storm without selling. Now the bank holding company has taken a rather unorthodox step: It will liquidate its assets in a bankruptcy court through a Chapter 7 filing. So how did the Pasadena, Calif.-based institution land in the bankruptcy court -- especially in light of the fact that banks aren't allowed to file bankruptcy?... Bankruptcy Update: Linens 'n Things, Frontier Airlines and moreHere 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. ... Bankruptcy Update: Goody's, Silverjet, Plastech and moreHere 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. ... Bankruptcy Update: Solar Cosmetic, ImageKing and moreHere 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. Solar's DIP approvedBankrupt Solar Cosmetic Labs Inc. won final court approval for its $2.4 million postpetition loan as creditors seek to convert the case to a Chapter 7 liquidation. - Terry Brennan ImageKing to tap factoring DIPA New York judge has granted ImageKing Visual Solutions Inc. final approval of a debtor-in-possession financing agreement with Amerisource Funding Inc. - John Blakeley Greektown clears one DIP hurdle Bankrupt Greektown Holdings LLC has... Bankruptcy Update: Go Fig, Sturgis, Polar MolecularHere are some of the latest bankruptcy stories our reporters have been covering Tuesday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Go Fig moves toward public auction Following the conversion of Go Fig Inc.'s case to a Chapter 7 liquidation proceeding, a public auction of its assets could be in the company's near future. A hearing to seek approval for a public auction is scheduled for May 28. Go Fig has hired liquidator Atec Inc. to market its assets. - Carolyn Okomo Sturgis judge to weigh $41M offerThe... Bankruptcy Update: Sturgis Iron, Pope & Talbot, DelphiHere are some of the latest bankruptcy stories our reporters have been covering Tuesday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider.Sturgis Iron seeks OK for auctionSturgis, Mich.-based Sturgis Iron & Metal Inc. will seek court approval for the sale of its assets following an auction that will have no stalking-horse bidder at a hearing set for May 16. Sturgis hopes to sell its Michigan, Indiana and Georgia properties for at least $50 million. - Carolyn Okomo Pope & Talbot in Chapter 7A Delaware judge granted Pope & Talbot... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Chapter 7." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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