Filing Bankruptcy: Big Companies Shop for the Best DealBOSTON -- When large companies file for bankruptcy protection, they do what most savvy customers do: shop for the best deal.Estrin, RobinJournal Record, the
Zachry Holdings laid off over 4,000 workers after filing for bankruptcy. The San Antonio-based construction firm pursued the measure after experiencing financial issues as the lead contractor on the Golden Pass LNG export terminal project in Sabine Pass, Texas. Employees in Jefferson, Harris, and ...
The companyfailed to keep upwith many of the innovations brought by the digital age. As digital cameras became popular, reducing the need for photographic film and cameras, Kodak ran into financial difficulties. The company ultimately filed for bankruptcy in 2012 before reorganizing and emerging from...
Bankruptcy. Filing bankruptcy stops collection efforts. Bankruptcy takes place in court, and you and your creditors must abide by a judge's decision. Direct negotiation. You can negotiate with your creditors yourself if you don't want to work with a debt settlement company. "There's nothing ...
Last year, the credit market faced challenges following the collapse of retailer Americanas and the bankruptcy filing by electricity distributor Light. The situation improved gradually with a market recovery in the second half. However, companies that raised capital during that period...
lose staff, with the ice cream maker's parent company Unilever announcing last month itwill layoff 7,500 workersworldwide. Credit reporting agency Transunion announced 640 jobs cuts last month, the Chicago Tribunereported. In a regulatoryfiling, Dell said last month it would lay off roughly 6,...
Eventually, blockbuster had to try and reach up to their level, which they were not able to achieve, and ended up filing for bankruptcy in 2010, with Netflix being ten times their worth in 2014. Today, Netflix continues to innovate. It has emerged as a streaming platform that curates co...
Aegerion Pharmaceuticals Aegerion operated as subsidiary of Novelion Therapeutics until declaring bankruptcy and being acquired by Amryt Pharma, May 2019; Merged with QLT, Nov 2016 Aegis Therapeutics Acquired by Neurelis, Dec 2018 AegisCN No website, May 2020 - Nov 2023 Aeglea BioTherapeutics Renamed...
On July 20, 2020, CMV's parent company SQTL (South Quay Travel & Leisure Ltd) filed for bankruptcy. The UK-based, SQTL-traded as "Cruise & Maritime Voyages/CMV" (trademarked brand). In June, SQTL-CMV entered into emergency talks with potential investors and lenders but failed to secur...
These issues can lead to bankruptcy and even homelessness. Fortunately, treatment is available for those suffering from this disorder. The risk factors for gambling disorder are similar to those of other addictive behaviors. These include a family history of gambling disorder, age, and a lack of...