Pages
October 2025 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Categories
Archives
Blogroll
Tag Archives: Bankruptcy
New York & Co Owner Says a Bankruptcy Filing Fits
The owner of New York & Co., RTW Retailwinds Inc. is next on the long list of businesses facing the difficult decision of whether or not they should file for bankruptcy. Prior to the pandemic, and the stay at … Continue reading
24 Hour Fitness Consider Bankruptcy Loan
24 Hour Fitness Worldwide Inc. is pursuing a financing package to continue in business after considering bankruptcy options. The company has been looking into a potential bankruptcy loan for as much as $200 million. Prior to the pandemic, the gym … Continue reading
Rental Car Company Advantage Holdco Inc., Files for Bankruptcy
The fourth largest rental-car company, Advantage Holdco Inc., is filing for bankruptcy after the coronavirus pandemic takes a toll on the traveling world. With the value of rental car companies dropping significantly, Advantage is facing debts as much as $500 … Continue reading
Vision Group Holdings Declares Bankruptcy for Two Large Surgery Brands
Vision Group Holdings, the management company for Lasik Vision Institute and TLC Laser Eye Center recently announced they would be filing for bankruptcy. With the closing of 126 stores due to the pandemic, the companies are $160 million dollars in … Continue reading
JCPenney To File for Bankruptcy
JCPenney is facing financial troubles amid the outbreak and the shutting down of their department stores. Sephora stated recently that they would not reopen their doors after the pandemic and that they would stop restocking in store products. Sephora’s products … Continue reading
City of Fairfield, Alabama Files for Bankruptcy
The small city of Fairfield, Alabama is set to file for Chapter 9 Bankruptcy, which is quite rare, especially for a municipality of merely 12,000 residents. Prior to the pandemic, Mayor Eddie J. Penny stated that the city had drained … Continue reading
Neiman Marcus Group Inc., Files for Bankruptcy
Neiman Marcus Group Inc., became America’s major extravagance retailers when they were granted access to Texas Oil 100 years ago. The popular retailer has stated they are now facing bankruptcy due to the coronavirus outbreak and the precautions they are … Continue reading
Gold’s Gym International Inc., to File Bankruptcy
Gold’s Gym International Inc., announced Monday they are filing for Chapter 11 bankruptcy. They were forced to close 30 corporate owned stores due to the outbreak of the coronavirus. While this was a difficult decision, the company’s plan to be debt free is set to be no later … Continue reading
Tuesday Morning Corp. Contemplates Bankruptcy
Upon closing 700 stores in 39 states due to the pandemic, Tuesday Morning Corp., a home goods store is up against potentially filing for bankruptcy. With no clear plan or final decision, the company is facing difficult decisions on what … Continue reading
US Airlines Receive Government Aid Paychecks
U.S. Airlines receive government aid paychecks as well as being assured they will remain employed until at least October. Airlines are hoping things return back to normal by then but with the 95% drop in travel, it seems to be … Continue reading