Spirit Airlines filed on Monday for Chapter 11 bankruptcy protection, months after a federal judge blocked the budget airline's proposed merger with JetBlue. The company, which is based inFlorida, published on Monday an open letter to those who've booked tickets for the future. Flights, ticket...
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy, as consumers cut back on discretionary spending and pandemic-era hobbies.
American Apparel (APP) filed for Chapter 11 bankruptcy protection early Monday. The move doesn’t come as a surprise considering the companysaidin August it “may not have sufficient liquidity necessary to sustain operations for the next twelve months”. Under the terms of the agreement, American...
LOS ANGELES-The National Rifle Association announced on Friday that it is "dumping" the "toxic political environment" of New York, filing for bankruptcy and moving its organization to Texas in what the organization calls a "restructuring plan." "Today, the NRA announced a restructuring plan that...
Tronox says it has filed for Chapter 11 bankruptcy protection for its US operations, citing a need for relief from legacy environmental liabilities. Most of the liabilities are not related to its titanium dioxide (TiO2) operations and were incurred prior to its spin-off from Kerr-McGee in 2006...
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Vice Media, once the darling of the digital news media world, said Monday it had filed for Chapter 11 bankruptcy protection to facilitate its sale. Millennial-focused Vice, known for its edgynewsand lifestyle content, had been among the rising stars of a new breed of digitalmediafirms but ...
What Chapter 11 bankruptcy means Filing for bankruptcy doesn't always mean the end for an American business. NEW YORK - Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supply chain network...
Remington Outdoor Company, the oldest and largest gunmaker in the United States, filed for chapter 11 bankruptcy protection on Sunday in the U.S. Bankruptcy Court in Wilmington, Delaware.
East Greenwich, R.I.—Alex and Ani filed for Chapter 11 bankruptcy protection late Wednesday and is looking for a buyer, according to court documents. The jewelry company, famous for its collectible, low-cost bangles, has been struggling under the weight of a rapid expansion and various legal...