Tag Archives: Bankruptcy

Lucky’s Market files for Bankruptcy following suit of Other Major Grocers

After closing most of its stores in recent weeks, Lucky’s – a Colorado based grocery store- filed for a Chapter 11 bankruptcy. There are plans to sell some of its stores to Aldi Inc. and Publix Super Market Inc. after … Continue reading

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MoviePass Parent, Helios and Matheson, files for Chapter 7 and stock falls to zero

Helios and Matheson Analytics Inc., the parent of the MoviePass cinema-ticket subscription service, said Wednesday that it has filed for Chapter 7 bankruptcy. This allows a court to sell its remaining assets and wind down all operations, according to MarketWatch.com. … Continue reading

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Gun Maker Files Bankruptcy after Trafficking Charge in Kansas City

A Nevada-based gun manufacturer was sued by Kansas City, MO after the city filed a lawsuit over weapons trafficking charge last month. In the Chapter 7 bankruptcy petition filed Feb. 10, Jimenez Arms listed assets of less than $50,000 and … Continue reading

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Hospitals in Missouri, Kansas file for bankruptcy

On Feb. 12, Pinnacle Healthcare System filed for Chapter 11 bankruptcy protection for itself and its hospitals in Missouri and Kansas. The Pinnacle Regional Hospital in Overland Park, formerly known as Blue Valley Hospital, entered bankruptcy with assets totaling up … Continue reading

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Bar Louie Files Chapter 11 Bankruptcy

Bar Louie, announced that its lenders will serve as a stalking horse purchaser in its upcoming Chapter 11 bankruptcy filing. A stalking horse purchaser allows a guaranteed bid on the company’s debt to increase the value of the company in … Continue reading

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Newspaper Giant McClatchy Files for Bankruptcy

Newspaper giant McClatchy Co. — which owns the Kansas City Star and 29 other newspapers in 14 states — has filed for Chapter 11 bankruptcy protection and said it expects reorganize as a privately held company with debt holders taking … Continue reading

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Tough Mudder Creditors Try to Pit the Race Company into Bankruptcy

Tough Mudder Inc. creditors are attempting to push the organizer of extreme obstacle races into bankruptcy over $855,000 that they say the company owes them, Bloomberg News reported. The firm is facing claims from Valley Builders LLC, Trademarc Associates Inc. … Continue reading

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Sharps Rifle Company Pulls Trigger on Bankruptcy

Sharps Rifle Company has filed for bankruptcy with the Wyoming District U.S. Bankruptcy Court. The Sharps bankruptcy filing shows that Sharps has been struggling for quite a while now, and with only one current employee, is further evidence that the … Continue reading

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Express is closing 31 stores. Is your location on the list of closures?

The stores are closing as part of the fashion retailer’s “fleet rationalization,” after an abysmal holiday season. Express officials announced 100 closures overall. 31 Stores have closed since this blog post, and another 35 stores will close by the end … Continue reading

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Hospital Files for Bankruptcy

Americore Health and its four affiliated hospitals in Pennsylvania, Tennessee, Missouri and Arkansas filed for Chapter 11 protection, Becker’s Hospital Review reported. The three of the hospitals listed in the bankruptcy petition are: Ellwood Medical Center in Ellwood City, Alexius … Continue reading

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