Business
Simon Property and Brookfield, and J.C. Penney’s main creditors will become its new owners as it emerges from bankruptcy by Thanksgiving. JC Penny filed for Chapter...
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All posts tagged "bankruptcy"
Business
The bankruptcy of WorldCom (renamed MCI) following Bernie Ebbers' scam, the largest in US history, led to a change in the regulation of accounting...
Business
Sears, the 132-year-old company which started out as a mail order catalog joins dozens of retailers that have filed for bankruptcy amid a fiercely competitive...
Business
Six months after filing for bankruptcy protection in September in the US and one month after doing the same in the UK, Toys R...
Business
Following the disclosure of the sexual harassment scandal by co-founder Harvey Weinstein, the company is to file for bankruptcy after talks to sell its...
Business
Toys ‘R’ Us Inc. said on Tuesday it will close about 180 U.S. stores in the coming months, as part of a reorganization...
Court
The Central European Aluminum Company (CEAC), owned by the Russian tycoon Oleg Deripaska, is suing the government of Montenegro over the KAP aluminum plant's...
Business
The company filed for chapter 11 bankruptcy protection on Monday, for a second time in less than a year.
Business
The company is expected to enter bankruptcy again.
Real Estate
The application comes less than five months afte Urbancorp raised NIS 180 million ($48 million) in Tel Aviv.