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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Chuck E. Cheese files for bankruptcy

Chuck E. Cheese files for bankruptcy

By Anna Domanska - Jun 27, 2020

As restaurants across the United States are gradually re-opening, family-friendly arcade and pizza joint Chuck E. Cheese are filing for bankruptcy protection. The parent company CE

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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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Teenage clothing emporium Forever 21 goes bust

Teenage clothing emporium Forever 21 goes bust

By Anna Domanska - Sep 30, 2019

Forever21 announced on Sunday it would close 350 of its stores and cease operations in 40 countries. Linda Chang, the company’s executive vice president, said in a statement that

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Eastman Kodak to File for Chapter 11 Bankruptcy

Eastman Kodak to File for Chapter 11 Bankruptcy

By Dhwani Shah - Jan 05, 2012

Eastman Kodak, the Pioneer in the world of photography, is preparing to file bankruptcy protection in the coming weeks. Kodak’s changed its strategy in the midyear, from usin

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