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 ...
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
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...
The company filed for bankruptcy in 2001, and while it had been a household name for decades, few thought the brand could make it in the age of digital photography. Polaroid was written off as a relic whose technology was soon to be eclipsed by phone cameras and premium SLRs. But like J...
April 21, 2011 --Donald Trump -- or companies that bear his name - have declared bankruptcy four times. Trump has built an American empire from Las Vegas to New York with towering hotels and sparkling casinos.Forbesestimates he's worth $2.7 billion. But not all of Trump's business venture...
These are only a few of the companies that declared bankruptcy and set aside funds in asbestos trusts. Our attorneys can help you file an asbestos trust fund claim from the comfort of your own home, meaningyou won’t have to go to court to get the money you deserve. ...
With blockbuster movies such asSpiderman,The Avengers, andGuardians of the Galaxy, it is surprising to note that Marvel filed for bankruptcy in 1996.7 This was before the company got into the movie-making business when it focused primarily on comic books. Today, the company's properties ar...
And if one considers the customer losses at other crypto companies that have filed bankruptcy, potentially as a result of their exposure to FTX, the total dollar amount of losses may come close to or even exceed the estimated $17.8 billion of lost pri...
companies that face extensive litigation over asbestos exposure may declare bankruptcy. they may do this because of the overwhelming litigation costs, loss of business or the cost of stopping asbestos use. during bankruptcy proceedings, many companies create trust funds to provide compensation to ...
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...