Bankruptcy

Hostess Plans $1.8M Sweet Deal for Execs

Hostess Brands wants to pay its top executives $1.8 million in bonuses to keep them with the company as it shuts down operations and sells assets. More 

Where Is AMR, After a Year in Bankruptcy?

The prospects for what happens next are starting to clarify. Here's how American Airlines stacks up as it seeks another life after Chapter 11. More 

Hostess Seeks Shutdown After Failed Mediation

Hostess Brands announced on Tuesday that mediation talks with its bakers union had failed and it would ask the bankruptcy court to permit it to shut down. More 

Hostess to Shut Down After Striking Workers Miss Deadline

Hostess, the maker of Wonder Bread, Ding Dongs and Twinkies, will shutter its operations and sell its assets after its bakers union refused to end a strike. More 

World’s Largest Bowling Chain Files for Bankruptcy

AMF Bowling, the world's largest operator of bowling alleys, has filed for Chapter 11 bankruptcy protection after defaulting on debt payments. More 

Struggling Twinkies Maker Paralyzed by Striking Workers

Bankrupt Hostess Brands has been hit with a strike by its unions over reduced pay and benefits, brining the company to the verge of collapse. More 

A123 Systems Files for Chapter 11 Bankruptcy

A123 Systems, which produced lithium-ion batteries for electric cars, has filed for Chapter 11 bankruptcy despite receiving $249 million in federal grants. More