Remington gives up its arms, sold off to 7 bidders

Remington gives up its arms, sold off to 7 bidders

By Christy Gren - Sep 29, 2020

Remington, the gun making company has been portioned off to 7 bidders after it filed for a second bankruptcy in July this year. It brings to an end a long and chequered innings mar

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Cirque du Soleil files for bankruptcy, hopes to come back after a hiatus

Cirque du Soleil files for bankruptcy, hopes to come back after a hiatus

By Anna Domanska - Jun 30, 2020

The French Canadian spectacle of theatrics, acrobatics, and dance– Cirque du Soleil–has filed for bankruptcy in an attempt to ward off permanent closure in the future.

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US Chapter 11 Bankruptcies See a Surge during Corona Crisis

US Chapter 11 Bankruptcies See a Surge during Corona Crisis

By Anna Domanska - Jun 12, 2020

The COVID-19 pandemic has disrupted many businesses leaving them in financial shambles and forcing others to opt for bankruptcy protection – under Chapter 11 or Chapter 7. Al

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JC Penney files for Bankruptcy Protection

JC Penney files for Bankruptcy Protection

By Anna Domanska - May 17, 2020

United States departmental store JC Penney recently became the latest American retailer to be pushed into bankruptcy by the COVID-19 pandemic. The business stated that it was filin

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Fading Moment for Bankrupt Eastman Kodak

Fading Moment for Bankrupt Eastman Kodak

By Aubrey Chang - Jan 20, 2012

Even after a Fantastic failure to re-invent itself over the last decade, Eastman Kodak, the iconic film manufacturer, is forcing down its current strategy for rejoining the ranks o

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The Twinkie Maker, Hostess, Seeks Bankruptcy Protection

The Twinkie Maker, Hostess, Seeks Bankruptcy Protection

By Christy Gren - Jan 12, 2012

Guess who’s back in Chapter 11! The Twinkie maker, Hostess is preparing to cut down its high costs as it reverts back into bankruptcy protection for the second time in almost

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