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The history of bankruptcy law in the United States refers primarily to a series of acts of Congress regarding the nature of bankruptcy.As the legal regime for bankruptcy in the United States developed, it moved from a system which viewed bankruptcy as a quasi-criminal act, to one focused on solving and repaying debts for people and businesses suffering heavy losses.
County Seat – founded in 1973, the denim-focused mall retailer expanded in the 1980s to nearly 500 stores. It filed for bankruptcy in 1996 and shuttered stores, and another bankruptcy in 1999 put the company out of business. [55] Cygnet Shops – women's fashion store that closed in 1975
Companies that filed for Chapter 11 bankruptcy in 1980 (6 P) Companies that filed for Chapter 11 bankruptcy in 1981 (7 P) Companies that filed for Chapter 11 bankruptcy in 1982 (13 P)
That year A&P filed for Chapter 11 bankruptcy, and all stores closed. ... By the 1980s, however, the store disappeared, rebranded as Pantry Pride. ... The history of this grocery store company is ...
Pages in category "Companies that filed for Chapter 11 bankruptcy in 1980" The following 6 pages are in this category, out of 6 total. This list may not reflect recent changes .
The bank's collapse coincided with the 1980s oil glut and Penn Square was the first of 139 Oklahoma banks that failed in the 1980s. The insolvency was the subject of two best-selling books and led to a two-year prison term for the bank's energy-lending chief, Bill Patterson.
He owed $16–32 million to the IRS during the 1980s. [126] $16 million in his assets was seized by the IRS before the bankruptcy. [127] His IRS debt was later settled at a discount rate. [128] Melba Moore [129] [130] [131] American singer and actress —
Goldline, LLC was a retail seller of gold and silver coins, and other precious metals for investors and collectors. [1] Goldline traced its formation to a Deak & Co. subsidiary created in 1960, a firm that in the late 1970s was the largest storefront gold retailer and later went into bankruptcy in the 1980s.