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Bankruptcies

Celsius Files for Chapter 11 Bankruptcy
Tech & Gadgets

Celsius Files for Chapter 11 Bankruptcy

A month after halting all cryptocurrency withdrawals.
By /
2.5K   7 Comments
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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.
By /
1.6K   5 Comments
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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.
By /
2.7K   2 Comments
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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.
By /
1.3K   3 Comments
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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.
By /
18.1K   8 Comments
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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.
By /
18.2K   5 Comments
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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.
By /
4.8K   1 Comments
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Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location
Fashion

Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location

Along with several other stores.
By /
16.9K   18 Comments
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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.
By /
3.5K   11 Comments
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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.
By /
8.7K   12 Comments
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Cirque du Soleil Files for Bankruptcy Protection and Lays Off 3,500 Employees
Entertainment

Cirque du Soleil Files for Bankruptcy Protection and Lays Off 3,500 Employees

Another 1,300 staff were already terminated earlier this year.
By /
3.4K   4 Comments
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Gold's Gym Files Chapter 11 Bankruptcy Protection
Sports

Gold's Gym Files Chapter 11 Bankruptcy Protection

Following closures of its various locations amid the coronavirus pandemic.
By /
5.9K   8 Comments
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