With so many companies in bankruptcy in recent years, it leads many to question what the future of many similar companies hold. The truth is that no two business bankruptcy cases are alike, and no two cases of similar...
Retail stores and restaurant chains have been hit hard by the recession. Although just now gaining some financial ground in recent months, not all have been spared the scar of financial burden. The owner of the popular...
It has been a full year since American Airlines filed for Chapter 11 bankruptcy. Since the beginning we knew it wasn’t going to be easy and many sacrifices would be made. So how far have they come over the last year?...
Hostess Brands — the maker of such iconic baked goods as Twinkies and Wonder Bread — filed a motion with federal bankruptcy courts Friday to close its operations after striking workers across the country crippled...
Tough negotiations between American Airlines parent corporation, AMR, and the pilot’s union have continued over the last few weeks. Despite tough debt restructuring plans, the pilots are holding firm to their denial of...
