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Latest Articles

Weinstein Company may be headed towards bankruptcy

Weinstein Co.’s fortunes have plummeted since early last month, when the New York Times and New Yorker published damning exposes detailed allegations of sexual assault and harassment against former co-chairman Harvey Weinstein dating back decades. Weinstein...

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Styles for Less files for Chapter 11 protection

The teen apparel chain, Styles For Less, filed chapter 11 bankruptcy in the United States Bankruptcy Court for the Central District of California. The company has 93 stores and more than 613 employees in California,...

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Bestwall, LLC files bankruptcy because of mounting lawsuits by mesothelioma victims.

Bestwall, LLC, a division of Koch Industries' Georgia-Pacific unit, has filed Chapter 11 bankruptcy after failing to stem a rising tide of lawsuits by mesothelioma victims who attribute their disease to asbestos-containing drywall compound. The...

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Gordmans finally shuts down

Gordmans' bankruptcy is finally over. The bankruptcy court approved a final plan of liquidation that will pay unsecured creditors between 5 - 11 cents on the dollar.  Gordmans this year sold about half of its...

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