chapter 11
Lycra Company Files Chapter 11 Bankruptcy to Aid Restructuring
Spandex and apparel fiber maker The Lycra Company has entered a Chapter 11 restructuring support agreement…
Eddie Bauer Store Operator Files Chapter 11, Seeks White Knight to Keep Stores Open
If another company does not come forward, the outdoor brand will liquidate all of its 200-plus stores in…
Saks Global’s Complex Road Ahead Through Bankruptcy Court
What the steps are as the luxury retailer grapples with its creditors and vendors in the court-supervised…
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STG Logistics Enters Chapter 11, Says Operations Will Continue Uninterrupted
The intermodal operator will restructure nearly $1 billion in debt and bring on new ownership through a…
Saks Global Files for Chapter 11 Bankruptcy
Former Neiman Marcus Group chief Geoffroy van Raemdonck has been named CEO to steer the process, taking over…
Yellow’s Chapter 11 Bankruptcy Plan Clears Court, Top Shareholder Appeals Ruling
A two-year process may soon be wrapped up, but hedge fund MFN Partners has insisted certain creditors would…
Claire’s Files for Bankruptcy in U.S. and Canada as Debt Weighs on Accessories Firm
Claire's CEO Chris Cramer said in a statement that this decision was "difficult, but a necessary one."
CaaStle Gets $2.75M Bridge Loan to Plan Chapter 11 Filing and Weigh Strategic Transactions
The scandal-mired rental platform is already in court, subject to a breach of contract lawsuit from EXP…
Sneaker Reseller Soleply Files Chapter 11 Bankruptcy, Closes 4 Stores
The company—which sells sneakers from brands like Yeezy, Asics, Nike, Jordan and New Balance—opened six…
Yellow’s New Bankruptcy Proposal Hangs $550 Million in the Balance
The newest plan comes as the pension funds and creditors remain at odds with the trucking firm's estate over…
Consumer Companies Lead Corporate Bankruptcies in 2024
Sixty companies have filed for bankruptcy in the consumer discretionary category this year so far.
What Retailers Can Learn From Express’ Bankruptcy
Hilco executive Ian Fredericks diagnoses what went wrong at Express as it reemerges from Chapter 11.
Bankrupt Express On Fast Track of Settling Leases
Retail real estate advisers RCS, on behalf of the bankrupt specialty chain, has speedily renegotiated leases…
Sources: Francesca’s Has a Liquidity Problem
Some vendors who sell to the retailer said they've stopped shipments because they're still awaiting payment…
Chapter 11 Business Bankruptcies Up 72% in 2023
Total business bankruptcies including Chapter 7 liquidations were up 19 percent, according to new data.