Silver Airways says it’s shutting down operations after filing for bankruptcy
Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving ...
Tag: bankruptcy
Biotech mogul Sam Waksal of Martha Stewart fame accused of testing illegal ‘swine drug’ on child
Biotech mogul Sam Waksal – who landed in prison two decades ago over the ImClone insider trading scandal that also ...
Number of TGI Fridays has significantly shrunk across the US as chain battles bankruptcy
TGI Fridays’ footprint in the U.S. has been significantly diminished. The chain’s website listed 85 restaurants across the country, less ...
Burger King franchisee files for bankruptcy after owing $37M to creditors
The owner of 57 Burger King restaurants filed for bankruptcy, blaming high labor costs and inflation for forcing his company ...
Publishers Clearing House files for Chapter 11 bankruptcy
Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter ...
FTC concerned about privacy protections in 23andMe bankruptcy
The Federal Trade Commission is concerned about the potential sale or transfer of Americans’ personal information by 23andMe ancestry testing company which ...
Party City to auction off leases to all US stores
Party City will be auctioning off the leases for all of its 695 stores in the US ahead of the ...
‘Our goal is to save 33K jobs’
Mitch Modell, the former CEO of the famed New York sporting goods chain that went belly-up four years ago, wants ...
Big Lots in deal to keep hundreds of stores open
Big Lots said Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property ...
Party City weighing second bankruptcy in less than two years: report
The party may be winding down. Party City is planning to file for its second bankruptcy in nearly two years ...
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