liquidation
Pitney Bowes Sells Off, Liquidates Global E-Commerce Segment
The GEC unit had long been a money-losing operation for the shipping and logistics company.
Cash Crunch Sees Home Retailer Conn’s Shutting Down Operations
134-year-old home retailer Conn's filed a Chapter 11 bankruptcy petition to sell assets and do an orderly…
Yellow Corp. Could Launch REIT for Unsold Terminals
A judge ruled the bankrupt trucking company will have another 90 days to file a proposal for the liquidation…
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Farfetch Bond Holders Take Fight to Cayman Islands Court
The long-term bond holders are intensifying their efforts to recover more than $400 million from Farfetch…
$85M in Zulily Assets Set to Be Sold
The asset sale will be managed by Gordon Brothers and is set to include more than $85M in inventory and two…
Chapter 11 Business Bankruptcies Up 72% in 2023
Total business bankruptcies including Chapter 7 liquidations were up 19 percent, according to new data.
Up to 85% Off: Zulily Liquidating, Sacking 800 in Company Shutdown
The layoffs and more come several months after former parent Qurate sold the mom-friendly digital marketplace…
Mitchell Gold Acquired After Stunning Bankruptcy
New owner Surya plans to start shipping for the brand in the spring, while others hoover up unsold Mitchell…
Bankrupt Slync Has ‘Several’ Parties Interested in IP Asset Auction
Core apps such as Intelligent Carrier Management, Ocean Booking 360, Inventory in Motion and Air Freight…
Senators Urge Yellow Bailout With Thousands of Jobs at Stake
Supply chain experts question whether extending the $700 million loan's due date makes sense given "reckless"…
Yellow ‘Would Have No Freight to Haul’ if ‘Long-Shot’ Bid Succeeds
Jack Cooper Transport is preparing a deal to save Yellow, according to a Reuters report on the Missouri fleet…
Z Gallerie Bankruptcy Adds to Home Sector’s Carnage
Retailer Z Gallerie is the sixth firm in the distressed home decor sector to end up in bankruptcy court since…
Bankrupt Mitchell Gold + Bob Williams to Liquidate
PNC Bank scuppered the company's chances of surviving a Chapter 11. Now the Chapter 7 case leaves little hope…
Yellow Bankruptcy Explodes into Bidding War
After Old Dominion's $1.5 billion bid, FedEx and XPO could potentially throw their hats into the ring for the…
Yellow Terminals Draw $1.3 Billion Bid
The terminals would be among Yellow's most valuable assets, "but I question whether Estes really needs them,"…