Tag Archives: Bankruptcy

Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand

August 29, 2024 Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand The Maryland-based company made headlines this summer when dozens of its products were identified in an FDA recall notice as posing a possible health risk. BY Michael Grothaus We all know that food recalls can have … Continue reading Nationwide listeria ice cream recall leads to Chapter 11 bankruptcy filing and layoffs for Totally Cool brand

LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations

August 13, 2024 LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations The company is the latest national retailer to announce a reduction in its physical footprint as it seeks to turn around its fortunes through Chapter 11. BY Michael Grothaus Premier flooring retailer LL Flooring Holdings, Inc. has announced … Continue reading LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations

Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs

July 01, 2024 Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs Chicken Soup for the Soul, which owns DVD rental chain Redbox, claimed $970 million in debts in its Chapter 11 filing. BY Henry Chandonnet Those red DVD kiosks peppering Walgreens across the country may have reached their end. Last week, … Continue reading Redbox owner’s bankruptcy filing is the final nail in the coffin for DVDs

WeWork files for bankruptcy

  By Associated Press November 07, 2023 NEW YORK (AP) — After months of signaling bankruptcy could be on the horizon, WeWork has officially filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around … Continue reading WeWork files for bankruptcy

WeWork stock price falls to an all-time low after bankruptcy report

  By Michael Grothaus November 01, 2023 WeWork stock is plunging in pre-market trading on Wednesday after reports said the company is on the cusp of filing for bankruptcy. News of its impending bankruptcy announcement sent WeWork shares to an all-time low. Here’s what you need to know. What’s happened? (November 18, 2023) The Wall … Continue reading WeWork stock price falls to an all-time low after bankruptcy report

Basis, Audigent Focus On Building Partnerships In Wake Of MediaMath Bankruptcy

Basis, Audigent Focus On Building Partnerships In Wake Of MediaMath Bankruptcy by Laurie Sullivan  @lauriesullivan, July 6, 2023 Basis Technologies and other ad-technology companies have started to build workarounds and partnerships in the wake of demand-side platform MediaMath’s filing for Chapter 11 bankruptcy protection in Delaware district court last week.  On Thursday, Basis announced the … Continue reading Basis, Audigent Focus On Building Partnerships In Wake Of MediaMath Bankruptcy

MediaMath Files For Bankruptcy, Owes Hundreds Of Millions To Ad-Tech Companies

MediaMath Files For Bankruptcy, Owes Hundreds Of Millions by Laurie Sullivan  @lauriesullivan, July 3, 2023 Demand-side platform MediaMath filed for Chapter 11 bankruptcy protection in Delaware district court on Friday. The company owes between $100 million and $500 million to between 200 and 999 companies, including Google, Magnite, OpenX, PubMatic, Xandr, among many others. Emails … Continue reading MediaMath Files For Bankruptcy, Owes Hundreds Of Millions To Ad-Tech Companies

Can You Qualify for Credit After a Bankruptcy or Consumer Proposal?

Steven Tulman — January 3, 2020 Follow @StevenTulman Many people think that once they file for bankruptcy or a consumer proposal they will never be able to get credit cards or a mortgage again or that they will have to wait several years before they can apply for and qualify for credit products again. Not … Continue reading Can You Qualify for Credit After a Bankruptcy or Consumer Proposal?