The beleaguered coworking-space companyfiled for Chapter 11 bankruptcy in November.It was not much of a surprise. The month prior, WeWork had said it was struggling to pay back its debt after the pandemic rocked its core business as more people worked from home. The former tech unico...
150+ Companies That Have Filed for Bankruptcy Amidst COVID-19 Share Post Almost 9 months into a global pandemic marked by global lockdown measures and store closures, the economic impact of the coronavirus pandemic has been stark. One outcome of these challenging times is a distinct rise in ...
LL Flooring closed nearly 100 of its 442 stores earlier this year and filed for Chapter 11 bankruptcy. As a result of the closures, around 2,000 employees will lose their jobs. The company said that placed flooring installation orders will be completed over the next 30 days, but no new in...
LBO-Backed Companies That Filed For Bankruptcy Protection In 2008.A chart is presented listing the leveraged buyout-backed companies that filed for bankruptcy protection in 2008.EBSCO_bspBuyouts
In 2023, it filed for bankruptcy after facing multistate lawsuits that alleged the company didn’t follow appropriate fee disclosures, and it agreed to a $5.5 million settlement. According to the company, it exited bankruptcy reorganization, and it remains in operation. Why we picked Lear ...
Not all of Trump's business ventures have been constant money-makers. In fact, the multi-billionaire and possible 2012 presidential candidate has filed for bankruptcy four times.
Following a failed legal battle with Epic Games over unauthorized use of the Unreal Engine for nearly ten years, thus forcing all unsold copies of Too Human and X-Men Destiny to be destroyed, Silicon Knights filed for bankruptcy on May 16, 2014. Regardless, Eternal Darkness: Sanity's Requiem...
Crytpo lender BlockFi, which filed for bankruptcy in November, disclosed it held $227 million with SVB in a bankruptcy filing Friday. BlockFi said in November it had halted withdrawals after facing "significant exposure" to Sam Bankman-Fried's FTX exchange, as well as its sister hedge ...
Caught off guard, Blockbuster ultimately filed for bankruptcy in 2010. A locally-owned storefront in Bend, Oregon, is now proclaimed to be the Last Blockbuster on Earth.1011 Borders Group The online era has also brought about changes in the bookstore business, as online booksellers like Amazon...
The precursor to what would become Marvel Entertainment was founded in the 1930s under the name Timely Comics. The comic book publisher went through various name changes, different ownerships, filed forbankruptcy, and developed into a premier creator and publisher of entertainment media with a libra...