This week in bankruptcy news: A New York ski center slides towards a successful exit from bankruptcy while a local department store, Loehmann’s, starts its path into bankruptcy. Read the full stories below: Ski center...
After getting into trouble with loans, OCZ Technology Group has announced that they have reached an agreement to transfer their assets to the Toshiba Corporation. This news came only five days after OCZ announced its plans to...
This week in bankruptcy news: Mortgage lender, Residential Capital, wins its fight against bondholder objections during the continuation of its Chapter 11 filing. Meanwhile, Detroit faces further criticism through its debt...
An automobile manufacturer that had made waves with its promising electric sports car has declared Chapter 11 bankruptcy. The company had high hopes for its electric sports car, but the car failed all performance tests...
This week in bankruptcy news: After eliminating near $1.4 billion in debt in Chapter 9, Alabama County is looking forward to an improved financial year; meanwhile, Detroit’s bankruptcy proceedings are heading down a...
