Business Bankruptcy Filings Decrease to Lowest Level in Four Years
Posted by The Distressed Debt Report on February 3, 2012
Business bankruptcy filings, which include Chapter 11, Chapter 7 and some Chapter 13 cases, decrease…
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United Retail Group Files Chapter 11, Plans Sale to Versa Capital
Posted by The Distressed Debt Report on February 1, 2012
United Retail Group, a Rochelle Park, N.J.-based owner of the Avenue women's apparel store chain, fi…
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PIPE Issuer and Lithium-Ion Battery Maker Ener1 Files for Chapter 11 to Restructure $90.5M in Debt
Posted by The PIPEs Report on January 30, 2012
Ener1 Inc., a lithium-ion battery maker that's raised $298.9 million in PIPE market since 2003, file…
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Ener1 Files Prepackaged Chapter 11 to Recapitalize, Restructure Firm
Posted by The Distressed Debt Report on January 27, 2012
Ener1 Inc., a manufacturer of batteries, fuel cells and other energy storage solutions for the trans…
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Business Bankruptcies Decreased by 19% in 2011
Posted by The Distressed Debt Report on January 5, 2012
Business bankruptcy filings, which include Chapter 11, Chapter 7 and some Chapter 13 cases, decrease…
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American Laser Centers Files Chapter 11, Plans Sale to Lender
Posted by The Distressed Debt Report on December 9, 2011
American Laser Centers, a Farmington Hills, Mich.-based chain of laser hair removal centers, filed f…
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Snokist Growers To File Chapter 11 After Product Recall, Financing Problems
Posted by The Distressed Debt Report on December 8, 2011
Snokist Growers, a Yakima, Wash.-based fruit processing company, said it plans to file for Chapter 1…
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Suncoast Aluminum Furniture Secures $3M in Chapter 11 Exit Financing Through KCP
Posted by The Distressed Debt Report on December 7, 2011
Suncoast Aluminum Furniture, a Fort Myers, Fla.-based outdoor furniture retailer, secured more than …
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Northampton Generating Co. Files Chapter 11
Posted by The Distressed Debt Report on December 6, 2011
Northampton Generating Co., a Charlotte, N.C.-based power company that sells electricity to the Penn…
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Costs key for AMR; fleet, routes need work: experts
Posted by Reuters: Business News on November 30, 2011
(Reuters) – Bankruptcy will help American Airlines slash costs, but Chapter 11 is not a silver bullet for operational problems that dropped American from its top position among U.S. carriers to No. 3 in the last few years, experts say.
