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Tag: bankruptcy
Frederick's of Hollywood files for Chapter 11 bankruptcy
2015-04-20 21:14:26| Food - Topix.net
Racy lingerie retailer Frederick's of Hollywood is seeking bankruptcy protection in federal court after closing all of its stores and switching to an online-only business, which it intends to sell to the highest bidder. The privately held company says competition, decreased mall foot traffic and onerous leases helped push it into a Chapter 11 bankruptcy filing.
Tags: files
chapter
hollywood
bankruptcy
Frederick's of Hollywood files for Chapter 11 bankruptcy, plans to sell online business
2015-04-20 20:22:36| Agriculture - Topix.net
Racy lingerie retailer Frederick's of Hollywood is seeking bankruptcy protection in federal court after closing all of its stores and switching to an online-only business, which it intends to sell to the highest bidder. The privately held company says competition, decreased mall foot traffic and onerous leases helped push it into a Chapter 11 bankruptcy filing.
Tags: online
business
sell
files
Court rules GM is shielded from death claims by bankruptcy
2015-04-16 06:39:53| Automakers - Topix.net
This April 21, 2009, file photo shows General Motors world headquarters in Detroit. A federal bankruptcy judge ruled Wednesday, April 15, 2015, that General Motors is shielded from death and injury claims potentially totaling billions of dollars tied to defective ignition switches in certain GM small cars.
Tags: rules
death
court
claims
Bankruptcy bracketology and how SkyMall only sold for $1.9M
2015-03-31 02:05:05| Apparel - Topix.net
A New Jersey company that owns Polaroid and RitzCamera won an auction earlier this month for Phoenix-based SkyMall LLC. C&A Marketing Inc. bought the well-known but bankrupt in-flight catalog company for $1.9 million at an auction in downtown Phoenix law offices. That' s not exactly a big price for well-known brand name like SkyMall which had revenue of $99 million back in 2013.
Tags: sold
bankruptcy
19m
skymall
Stressed oil firms turn to junk bonds, bankruptcy
2015-03-22 02:02:19| Oil & Gas - Topix.net
The oil price crash is taking a growing financial toll on companies throughout the industry, forcing some into bankruptcy and others to issue expensive junk bonds to stay afloat. On Tuesday, shale producer Quicksilver Resources filed for bankruptcy protection for its US operations after missing a bond payment.
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