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Iconic bookstore chain files for Chapter 11 bankruptcy
The bookstore retail sector has shrunk significantly over the last 25 years as Amazon and other online sales decimated brick-and-mortar booksellers. Crown Books, which had locations in malls, was one of the first major bookstore chains to fold in the new millennium,
Books Inc. files for Chapter 11 bankruptcy; 174-year-old chain to close Berkeley store
The oldest independent bookstore company in the Bay Area said Tuesday it has filed for bankruptcy. Books Inc. announced it filed a voluntary petition for reorganization under Chapter 11 in U.S. Bankruptcy Court for the Northern District of California.
Popular craft chain Joann files for Chapter 11 bankruptcy. Here's what that means
Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.
Joann craft chain, with 11 NJ stores, files second bankruptcy in a year
Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide businesses with some breathing room to get their finances in order without liquidating all their assets and effectively going out of business.
2d
Huge global travel agency system files Chapter 11 bankruptcy
Low-cost airline Spirit Airlines was the most prominent airline to file bankruptcy as it filed its Chapter 11 petition on Nov ...
1d
Independence Contract Drilling Emerges from Chapter 11 Bankruptcy
Independence Contract Drilling eliminated more than $197 million of convertible debt in the restructuring process.
7d
Joann Chapter 11 Again Amid Asset Sale Fears Should No Buyer Be Found
The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...
5d
on MSN
Is Joann Fabrics going out of business? Retailer warns of possible liquidation in second Chapter 11 bankruptcy
Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...
norran
7d
Expert views: What's next for Northvolt under chapter 11
Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...
7d
Brazil's Gol Releases New Five-Year Plan Ahead of Chapter 11 Exit
SAO PAULO (Reuters) - Brazilian airline Gol released a revised five-year strategic plan on Wednesday as it prepares to exit ...
7d
JOANN to Remain Open as Company Initiates Voluntary Chapter 11 Process to Maximize Business Value
Gordon Brothers to Serve as “Stalking Horse” Bidder in Court-Supervised Sale ProcessCompany Continues to Serve Customers In-Store and Online ...
Hartford Courant
9d
Owner of three struggling CT hospitals files for Chapter 11 bankruptcy reorganization
Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester, and Vernon, has announced that it filed for voluntary
Chapter 11
bankruptcy reorganization.
19h
Spirit Airlines gains $300 million in financing pledges for post-Chapter 11 flying
Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after ...
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