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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"
In Wake of Restructure, Nasty Gal Files for Bankruptcy post image

In Wake of Restructure, Nasty Gal Files for Bankruptcy

Nasty Gal, a homegrown fashion outfitter based in Los Angeles, has an interesting story. Its founder, Sophia Amoruso, started the company in 2006 with nothing more than a laptop, an eBay account and her passion for developing vintage clothing. The business prides itself on designing and producing its own clothes, shoes and accessories on the […]

Author: Joel R. Glucksman

Link to post with title - "In Wake of Restructure, Nasty Gal Files for Bankruptcy"
Major Oil Transporter, Murphy Energy, Files Chapter 11 post image

Major Oil Transporter, Murphy Energy, Files Chapter 11

Murphy Energy Corp., one of the largest oil and natural gas transporters in the nation, recently announced it had filed for Chapter 11 bankruptcy protection. According to The Wall Street Journal, the company’s financial struggles are due in large part to the collapse of oil prices. Currently, Murphy Energy is looking for potential buyers for […]

Author: Joel R. Glucksman

Link to post with title - "Major Oil Transporter, Murphy Energy, Files Chapter 11"
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"
One of the Largest Organic Fast Food Chains, Garden Fresh, Files for Bankruptcy post image

One of the Largest Organic Fast Food Chains, Garden Fresh, Files for Bankruptcy

Citing Lack of Performance, Major Organic Fast Food Chain, Garden Fresh files for Bankruptcy Recently, Garden Fresh Restaurant Corp., one of the largest organic chain restaurant companies in the U.S., announced that it had filed for Chapter 11 bankruptcy protection. According to The Wall Street Journal, the corporation that also runs the Souplantation and Sweet Tomatoes […]

Author: Joel R. Glucksman

Link to post with title - "One of the Largest Organic Fast Food Chains, Garden Fresh, Files for Bankruptcy"
Key Energy Services Plans to File for Chapter 11 Bankruptcy Protection post image

Key Energy Services Plans to File for Chapter 11 Bankruptcy Protection

Recently, Key Energy Services, one of the largest onshore rig-based well-servicing contractors in the U.S., announced that it will plan to file for Chapter 11 bankruptcy protection. According to a Fuel Fix report, the company’s creditors have agreed to a reorganization plan where debtholders will take control of the firm as part of a debt-for-equity […]

Author: Joel R. Glucksman

Link to post with title - "Key Energy Services Plans to File for Chapter 11 Bankruptcy Protection"
Global Geophysical Services LLC files for Chapter 11 Bankruptcy Protection post image

Global Geophysical Services LLC files for Chapter 11 Bankruptcy Protection

Recently, Global Geophysical Services LLC, an oil sector data provider, announced that it had filed for Chapter 11 protection. According to The Wall Street Journal, two years following the the company’s emergence from previous bankruptcy, it will close operations. Global Geophysical Services falls into debt In its bankruptcy documents, Global Geophysical Services cited the historic […]

Author: Joel R. Glucksman

Link to post with title - "Global Geophysical Services LLC files for Chapter 11 Bankruptcy Protection"
China Fishery Group Ltd. files for Chapter 11 Bankruptcy Protection post image

China Fishery Group Ltd. files for Chapter 11 Bankruptcy Protection

China Fishery Group files for Chapter 11 China Fishery Group Ltd., one of the largest fishing companies in Asia and among the world leaders in fishmeal and fish oil production, recently announced that it had filed for Chapter 11 bankruptcy protection in the U.S. According to The Wall Street Journal, the company, its 15 affiliates […]

Author: Joel R. Glucksman

Link to post with title - "China Fishery Group Ltd. files for Chapter 11 Bankruptcy Protection"
Halcon Resources Files for Chapter 11 Bankruptcy Protection post image

Halcon Resources Files for Chapter 11 Bankruptcy Protection

Halcon Resources Files Chapter 11 Recently, Halcon Resources, one of the largest energy exploration and production companies in the U.S., announced that it will file for Chapter 11 bankruptcy protection. According to Oil and Gas 360, the company has negotiated a prepackaged agreement with its primary noteholders to eliminate $1.8 billion from its debt total. Halcon […]

Author: Joel R. Glucksman

Link to post with title - "Halcon Resources Files for Chapter 11 Bankruptcy Protection"
Vertellus Specialties Inc. files for Chapter 11 Bankruptcy post image

Vertellus Specialties Inc. files for Chapter 11 Bankruptcy

Vertellus Specialties Inc. files Chapter 11 Vertellus Specialties Inc., a major U.S. chemical manufacturer, recently announced that it had filed for Chapter 11 bankruptcy protection for its domestic operations. According to The Wall Street Journal, the company reached an agreement with its term lenders to seek an auction sale for the majority of its remaining […]

Author: Joel R. Glucksman

Link to post with title - "Vertellus Specialties Inc. files for Chapter 11 Bankruptcy"
Dex Media Inc. files for Chapter 11 Bankruptcy Protection post image

Dex Media Inc. files for Chapter 11 Bankruptcy Protection

Recently, phonebook publisher Dex Media Inc. announced that it had filed for Chapter 11 bankruptcy protection, according to The Wall Street Journal. The company has negotiated an agreement to restructure its finances with creditors. Dex Media’s struggles forces it into insolvency Following the recession in 2008, along with the continued migration of the industry to […]

Author: Joel R. Glucksman

Link to post with title - "Dex Media Inc. files for Chapter 11 Bankruptcy Protection"

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