inquisitrlogo

Posts Tagged ‘ bankruptcy ’

Kodak files for chapter 11 bankruptcy protection

Kodak files for chapter 11 bankruptcy protection

There was chatter earlier this month, primarily from The Wall Street Journal, that Kodak was getting its paperwork in order to file for chapter 11 bankruptcy protection. As it turns out, all of the talk was true--Kodak ... continue
Bankruptcy Filed By Real-Life “Jerry Maguire” – Sports Agent Broke After Years of Boozing

Bankruptcy Filed By Real-Life “Jerry Maguire” – Sports Agent Broke After Years of Boozing

62-year-old celebrity sports agent Leigh Steinberg is filing for bankruptcy after a once-lucrative career was destroyed by alcoholism. Despite a clean, confident, and successful image, the real-life inspiration for Tom Cruise's film Jerry Maguire has been arrested several ... continue
Saab Closing its Doors Soon as Company Files for Bankruptcy

Saab Closing its Doors Soon as Company Files for Bankruptcy

Despite some last-ditch bids to prevent it going under, the prospect of Swedish automaker Saab closing its doors for good is more likely than ever, after the company filed for bankruptcy Monday. Saab, a company that began life ... continue
Corzine Heads To Washington

Corzine Heads To Washington

Jon Corzine. Former Chairman of Goldman-Sachs, Former US Senator, Former New Jersey Governor and Former Head of MF Global.  There are very few people who fit the title of "Washington Insider" better.  Now it seems as if ... continue
TLC’s T-Boz Files for Bankruptcy Again

TLC’s T-Boz Files for Bankruptcy Again

Tionne “T-Boz” Watkins of 1990s girl band TLC has filed for bankruptcy, for the second time in the last nine months. Watkins was one-third of a group that released ten top ten singles, four number one singles, four ... continue
Saab To Be Sold To Chinese Manufacturer, Will Likely Cut Jobs

Saab To Be Sold To Chinese Manufacturer, Will Likely Cut Jobs

In an attempt to avoid bankruptcy automobile manufacturer Saab plans to sell to Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. for the low price of just $142 million. The company's have until November 15 to ... continue
JK Harris & Company File For Bankruptcy

JK Harris & Company File For Bankruptcy

JR Harris & Co. filed for bankruptcy on Friday following a class action lawsuit that would force the company to pay $4 million and a settlement claim owed to the Texas attorney general's office for $1.1 million ... continue
Friendly’s Restaurant Chain Files For Chapter 11 Bankruptcy

Friendly’s Restaurant Chain Files For Chapter 11 Bankruptcy

Ice cream chain Friendly's filed for Chapter 11 bankruptcy on Wednesday, only a short time after the company ranked last on a recent survey for value, service and atmosphere. Speaking about the closing of various locations one fan ... continue
Kodak Bankruptcy Rumored, Shares Plummet Despite Denial

Kodak Bankruptcy Rumored, Shares Plummet Despite Denial

Following a report in the financial paper the Wall Street Journal that film and camera company Kodak was seeking legal counsel regarding restructuring, shares of the brand went into free-fall on Friday. At the closing bell, Kodak shares had ... continue
Bankruptcy Filings Increase Among College Educated, Marrieds

Bankruptcy Filings Increase Among College Educated, Marrieds

The profile of the average American unable to pay accumulated debt is changing, and this time it seems certain markers of stability- namely college education and marriage- no longer offer the same levels of protection for everyday ... continue
Borders expresses fiscal frustration through passive-aggressive sign

Borders expresses fiscal frustration through passive-aggressive sign

Note the liquidation signs in the background. [reddit] continue
Borders files for Chapter 11, 30% of stores to close

Borders files for Chapter 11, 30% of stores to close

Borders bookstores will be cutting staff and closing nearly 200 stores after filing for bankruptcy. In a statement, the company cited the economic downturn, among other factors leading up to the filing: "It has become increasingly clear that in ... continue
Air America dies, will cease broadcasting tonight

Air America dies, will cease broadcasting tonight

Air America, which hit the airwaves in 2004 as an answer to conservative talk radio, died today. It was six. Air America cited declining interest due to new media and a reported revenue drop of 21% in 2009 ... continue
The first paid circulation paper in Virginia closes doors.

The first paid circulation paper in Virginia closes doors.

A lot of attention is paid to the floundering newspaper industry when the big name papers start talking about shutting down. When it comes to the news lifeblood of small town America not much ... continue
Good-bye Circuit City – it was nice knowing ya

Good-bye Circuit City – it was nice knowing ya

Well it’s happened folks – the closed sign is up for good. This is what you will see should you decide to say your good-byes at the Circuit City web site continue