Bankruptcy

Recent Articles

Report: Brookstone Plans to File for Bankruptcy

Speciality retailer Brookstone is reportedly preparing to file for bankruptcy and will be acquired by Spencer Spirit Holdings. More 

Toasted Sub Chain Quiznos Files for Chapter 11 Bankruptcy

Sandwich chain Quiznos has filed for bankruptcy protection, but says its lenders have agreed to a restructuring deal. More 

Court Declares San Bernardino Eligible For Bankruptcy

A federal bankruptcy court judge ruled that the city of San Bernardino, Ca. was eligible for bankruptcy protection. More 

Detroit’s Bankruptcy: The Story Behind the Filing

Looking through the reasons for Detroit's massive bankruptcy and learning lessons along the way More 

Detroit Becomes Largest U.S. City to File for Bankruptcy

Detroit became the largest U.S. city to file for bankruptcy protection on Thursday, claiming $18.5 billion in debt. More 

CNET Founder Goes From Boom to Bankrupt

Technology investor Halsey Minor, who sold CNET to CBS for $1.8 billion in 2008, has filed for Chapter 7 bankruptcy after non-tech investments failed. More 

Group of Retirees to Get Kodak’s Iconic Film Business

Eastman Kodak has sold its camera film business to the U.K. Pension Plan in exchange for eliminating $2.8 billion in pension debts. More