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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.
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RadioShack Files For Chapter 11 Bankruptcy Again post image

RadioShack Files For Chapter 11 Bankruptcy Again

General Wireless Operations Inc., best known as wireless and electronic store chain RadioShack, filed for Chapter 11 bankruptcy for the second time on March 8, 2017. The Fort Worth, a Texas-based company first filed for protection in 2015, which led to the reorganization of business and the closing of nearly 2,400 of its stores, according […]

Author: Joel R. Glucksman

Link to post with title - "RadioShack Files For Chapter 11 Bankruptcy Again"
Payless Inc Files for Chapter 11 Bankruptcy post image

Payless Inc Files for Chapter 11 Bankruptcy

The rumors that predicted Payless ShoeSource would go bankrupt in the near future are true: the major shoe retailer officially filed for Chapter 11 bankruptcy protection on April 4, 2017. However, this footwear business isn’t alone. According to CNBC, the number of retailers filing for protection is on its way to reaching the highest since the […]

Author: Joel R. Glucksman

Link to post with title - "Payless Inc Files for Chapter 11 Bankruptcy"
Gordmans Stores Inc. Files for Chapter 11 Bankruptcy post image

Gordmans Stores Inc. Files for Chapter 11 Bankruptcy

Gordmans, a chain of Midwestern discounted department stores, filed for Chapter 11 bankruptcy March 13, 2017. It continues a trend other major department store chains are familiar with, and internet shopping is likely to blame. Another department store bites the dust According to Bloomberg Markets, Gordmans Stores Inc. plans to liquidate all of its stores. […]

Author: Joel R. Glucksman

Link to post with title - "Gordmans Stores Inc. Files for Chapter 11 Bankruptcy"
Black-Eyed Pea Restaurants Announce Chapter 11 Bankruptcy Filing post image

Black-Eyed Pea Restaurants Announce Chapter 11 Bankruptcy Filing

Recently, Black-eyed Pea restaurants announced that it had filed for Chapter 11 bankruptcy protection. According to National Restaurant News, the company plans to close a portion of its casual dining chain locations. Black-eyed Pea falls into insolvency The restaurant chain’s financial struggles have mounted over the last year. WFAA reported that 12 of the company’s restaurants […]

Author: Joel R. Glucksman

Link to post with title - "Black-Eyed Pea Restaurants Announce Chapter 11 Bankruptcy Filing"
Medical Tech Firm, Sotera Wireless, Announces Chapter 11 Bankruptcy Protection post image

Medical Tech Firm, Sotera Wireless, Announces Chapter 11 Bankruptcy Protection

Sotera Wireless, the medical technology firm known for the development of its wireless patient monitoring software, recently announced that it had filed for Chapter 11 bankruptcy protection. According to a Mass Device report, the company accumulated mounting debt recently. Sotera Wireless’ recent financial struggles In its court documents, the company cited the $13.1 million debt […]

Author: Joel R. Glucksman

Link to post with title - "Medical Tech Firm, Sotera Wireless, Announces Chapter 11 Bankruptcy Protection"
Major Mexican Restaurant Chain, Rita Restaurant Corp, files Chapter 11 post image

Major Mexican Restaurant Chain, Rita Restaurant Corp, files Chapter 11

Recently, Rita Restaurant Corp, the owner of Don Pablo’s Mexican Kitchen, one of the largest Mexican food chains in the country, announced it filed for Chapter 11 bankruptcy protection. According to The Wall Street Journal, while the restructuring plan is not set yet, the company could close a substantial portion of its 16 chain locations […]

Author: Joel R. Glucksman

Link to post with title - "Major Mexican Restaurant Chain, Rita Restaurant Corp, files Chapter 11"
Lack of Popularity Drives Golfsmith International Holdings to Insolvency post image

Lack of Popularity Drives Golfsmith International Holdings to Insolvency

Golfsmith International Holdings Inc., one of the largest golf apparel and equipment chains in the U.S., recently announced that it filed for Chapter 11 bankruptcy protection. According to Bloomberg, the golf giant is currently negotiating the sale of a portion of its brick and mortar retail locations.  Golfsmith International Holdings’ debt load mounts In its bankruptcy […]

Author: Joel R. Glucksman

Link to post with title - "Lack of Popularity Drives Golfsmith International Holdings to Insolvency"
Atlas Resources Files for Chapter 11 Bankruptcy Protection post image

Atlas Resources Files for Chapter 11 Bankruptcy Protection

Oil and gas producer Atlas Resource Partners LP recently announced that it had filed for Chapter 11 bankruptcy protection, according to Bloomberg. Its reorganization plan calls for Atlas Resources to remove $900 million in debt and cut $80 million in interest costs. Atlas Resources spirals into debt Atlas Resources claimed in its recent financial statement that the […]

Author: Joel R. Glucksman

Link to post with title - "Atlas Resources Files for Chapter 11 Bankruptcy Protection"
C&J Energy Services Ltd. Files for Chapter 11 Bankruptcy Protection post image

C&J Energy Services Ltd. Files for Chapter 11 Bankruptcy Protection

C&J Energy files Chapter 11 C&J Energy Services Ltd., one of the largest oil field service companies, has announced that it recently filed for Chapter 11 bankruptcy protection. According to The Wall Street Journal, the firm has negotiated a $1.4 billion deal with its senior bondholders, to resolve some of the issues connected to its […]

Author: Joel R. Glucksman

Link to post with title - "C&J Energy Services Ltd. Files for Chapter 11 Bankruptcy Protection"
Ultra Petroleum files for Chapter 11 Bankruptcy Protection post image

Ultra Petroleum files for Chapter 11 Bankruptcy Protection

Ultra Petroleum files Chapter 11 Recently, Ultra Petroleum, the largest natural gas company in Wyoming and one of the biggest firms in the nation, announced that it had filed for Chapter 11 bankruptcy protection. According The Wall Street Journal, the company cited several months of financial decline for its decision. Ultra Petroleum falls into insolvency In […]

Author: Joel R. Glucksman

Link to post with title - "Ultra Petroleum files for Chapter 11 Bankruptcy Protection"
Aéropostale Files for Chapter 11 Bankruptcy post image

Aéropostale Files for Chapter 11 Bankruptcy

Aéropostale files Chapter 11 Clothing retailer Aéropostale recently announced that it had filed for Chapter 11 bankruptcy protection. According to a report in Fortune, the company filed its bankruptcy petition late last month, even as it attempted to find a buyer. Aéropostale decides to seek bankruptcy protection Bloomberg reported that the company filed for Chapter […]

Author: Joel R. Glucksman

Link to post with title - "Aéropostale Files for Chapter 11 Bankruptcy"
China's Winsway Enterprises Files for Chapter 15 Bankruptcy Protection post image

China's Winsway Enterprises Files for Chapter 15 Bankruptcy Protection

Winsway Enterprises files Chapter 15 Recently, Chinese company Winsway Enterprises Holdings Ltd., a major metallurgical coal importer, trader and processor, announced that it had filed for Chapter 15 bankruptcy protection in the U.S. According to The Wall Street Journal, the bankruptcy petition was part of a proposed agreement with its bondholders to refinance over $349 […]

Author: Joel R. Glucksman

Link to post with title - "China's Winsway Enterprises Files for Chapter 15 Bankruptcy Protection"

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