Bankruptcies

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.

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.

Investor Group Reportedly Push for Neiman Marcus Sale Amid Imminent Bankruptcy Filing
Fashion 

Investor Group Reportedly Push for Neiman Marcus Sale Amid Imminent Bankruptcy Filing

Competing against an existing $600 million USD loan from other creditors.

Paddle8 Auction House Files for Bankruptcy, Owing Money to JAY-Z and Justin Bieber
Arts

Paddle8 Auction House Files for Bankruptcy, Owing Money to JAY-Z and Justin Bieber

Currently being sued for allegedly misappropriating funds.

Authentic Brands Officially Purchases Forever 21 (UPDATE)
Fashion 

Authentic Brands Officially Purchases Forever 21 (UPDATE)

Including liabilities, the deal will cost around $300 million USD.

Sears Files for Bankruptcy, Plans Store Closures
Tech

Sears Files for Bankruptcy, Plans Store Closures

One of America’s retail institutions may be going under.

Cambridge Analytica Files For Bankruptcy After Facebook Data Scandal
Tech

Cambridge Analytica Files For Bankruptcy After Facebook Data Scandal

Suffering from the “siege of media coverage.”

Rockport Cites adidas Separation for Recent Bankruptcy
Footwear

Rockport Cites adidas Separation for Recent Bankruptcy

The two companies split in 2015.

 
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