Search results
Results from the WOW.Com Content Network
Companies that filed for Chapter 11 bankruptcy in 2018 (1 C, 107 P) Companies that filed for Chapter 11 bankruptcy in 2019 (92 P) ... Statistics; Cookie statement ...
In the second step, the newly created spin-off declares a chapter 11 bankruptcy, usually in North Carolina, where bankruptcy courts are perceived to be more open to this scheme. The Texas two-step allows solvent companies to shield their assets from litigants using protections that are normally reserved for bankrupt companies. [1]
The details vary between jurisdictions. In the US, the liquidation bankruptcy is governed by Chapter 7 of the Title 11 of the United States Code and is generally available to individuals passing a means test. Reorganization bankruptcy is governed by Chapters 11 and 13. [1] Chapter 11 is mostly used by high net-worth individuals. [2]
The Miami-based company listed debts of more than $690 million and assets of $390 million, according to a filing with the U.S. Bankruptcy Court for the Northern District of Texas obtained by USA ...
The largest and oldest power cooperative in Texas is filing for Chapter 11 bankruptcy protection, citing last month's winter storm that left millions without power. Brazos Electric Power ...
The luxury chain filed for Chapter 11 bankruptcy in the Southern Court of Texas in May 2020. [ 225 ] New York & Company shuttered all of its stores by late summer 2020 as a result of its parent company, RTW Retailwinds, filing for bankruptcy. [ 226 ]
Red Lobster has filed for bankruptcy, a week after 50 locations throughout the country closed. At least eight of those locations were in Texas. At least eight of those locations were in Texas.
Government units that have filed for Chapter 9 bankruptcy (2 C, ... Texas two-step bankruptcy; ... Statistics; Cookie statement ...