Bankruptcies

Celsius Files for Chapter 11 Bankruptcy
Tech & Gadgets

Celsius Files for Chapter 11 Bankruptcy

A month after halting all cryptocurrency withdrawals.

Alamo Drafthouse Files for Chapter 11 Bankruptcy and Sells to Altamont Capital
Entertainment 

Alamo Drafthouse Files for Chapter 11 Bankruptcy and Sells to Altamont Capital

Suffering the effects of the ongoing coronavirus pandemic and lockdown regulations.

AMC Raises $917 Million USD and Dodges Bankruptcy
Entertainment 

AMC Raises $917 Million USD and Dodges Bankruptcy

Roughly $167 million USD more than what it needed to survive.

East Coast Diner Chain Friendly's Has Filed for Bankruptcy
Food & Beverage 

East Coast Diner Chain Friendly's Has Filed for Bankruptcy

For the second time in less than 10 years.

Century 21 Files for Bankruptcy and Shuts Down All Its Stores
Fashion 

Century 21 Files for Bankruptcy and Shuts Down All Its Stores

After being refused a payout from its insurance company.


J.Crew Successfully Emerges From Chapter 11 Bankruptcy With New Owner
Fashion 

J.Crew Successfully Emerges From Chapter 11 Bankruptcy With New Owner

Equitizing more than $1.6 billion USD of secured indebtedness.

SPARC Group to Acquire Brooks Brothers for $325 Million USD
Fashion 

SPARC Group to Acquire Brooks Brothers for $325 Million USD

Approved by the court last Friday.

Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location
Fashion 

Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location

Along with several other stores.

Neiman Marcus' Bankruptcy Trustee Questions $10 Million USD Bonuses to Executives
Fashion 

Neiman Marcus' Bankruptcy Trustee Questions $10 Million USD Bonuses to Executives

Hoping to block the payouts in court.

Brooks Brothers Secures $80 Million USD Interest-Free Loan (UPDATE)
Fashion 

Brooks Brothers Secures $80 Million USD Interest-Free Loan (UPDATE)

Ahead of a court-supervised auction.

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