Search results
Results from the WOW.Com Content Network
Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on costs by closing locations. Here are some of the most notable bankruptcies of 2024 ...
June 22, 2024 at 2:00 PM Mike Mozart / Flickr.com The news earlier this year that Red Lobster was filing for bankruptcy may have made you curious about how your other favorite businesses are doing ...
Worth more than $2 billion at its IPO, Bird fell to $70 million 12 months later, was delisted from the New York Stock Exchange in September — and was bankrupt by December 2023. Oh, the Bird ...
The company filed for Chapter 11 bankruptcy on May 16, 2017, [256] and emerged from bankruptcy in September. [257] On May 2, 2024, rue21 collapsed back into bankruptcy, its second filing since 2017 and third overall, and announced that all 540 of its remaining stores would be shuttered within four to six weeks. [258]
On June 29, 2024, the company filed for Chapter 11 bankruptcy protection after missing a week of paying its employees and failing to secure financing. [ 34 ] [ 35 ] On July 10, the U.S. Bankruptcy Court approved a conversion of the bankruptcy to Chapter 7, which would signal a liquidation of the company's assets, and the cessation of its ...
Alabama Telephone Company; All American Direct; American Cable and Radio Corporation; Ameritech; Andrew Corporation; AT&T Communications (1984–2010) AT&T Corporation; Atlantic and Pacific Telegraph Company; AT&T Broadband; Automatic Electric
The telehealth orthodontics company shut down in December, less than three months after filing for Chapter 11 bankruptcy. The company sold teeth aligners, with the typical course taking 4-6 months.
It went bankrupt in 2001 and stopped paying rebates. [11] Digex: one of the first Internet service providers in the United States, its stock price rose to $184 per share; the company was acquired for $1 per share a few years later. [12] Digital Insight: Its shares soared 114% on its first day of trading.