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Latest Articles

Cancer treatment firm 21st Century Oncology files for bankruptcy

The  worlds largest operator of cancer treatment centers, 21st Century Oncology, filed chapter 11 bankruptcy on Thursday. According to the interim CEO, Paul Randell, 21st Century Oncology filed bankruptcy with an agreement with lenders and bondholders...

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Mood Media, Muzak’s Parent Company, Seeks Federal Bankruptcy Court Protection

After suffering severe financial problems in Canada, Mood Media, Muzak’s parent company, filed for Chapter 15 bankruptcy protection.  The President and CEO of Mood Media said that the company would refinance, restructure, and redeem their...

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rue21 files bankruptcy

rue21  filed a voluntary petition for reorganization under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Western District of Pennsylvania, and has entered into agreements with certain of its lenders to...

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Hartford, Connecticut moves closer to filing bankruptcy; solicits proposals from law firms that specialize in chapter 9 bankruptcies

Hartford, Connecticut is considering filing a chapter 9 bankruptcy. Chapter 9 is a form of bankruptcy for municipalities. Hartford is facing a $65 million deficit next year and a $14 million shortfall this year. Luke Bronin,...

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