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Debenhams and Arcadia Group, the owner of Topshop, collapsed despite extensive government programs meant to shore up British businesses. LONDON -- The British department store Debenhams can trace its history [...]

Byline: Jacob Adelman Dec. 1PREIT, owner of such retail centers as Fashion District Philadelphia and the Cherry Hill Mall, has won court approval for a bankruptcy plan it hopes will [...]

Byline: Journal Record Staff TULSA Williams Cos. has reached a resolution with Chesapeake Energy as part of the Oklahoma City-based company's Chapter 11 bankruptcy restructuring process. 'Williams has strategically invested [...]

The filing by the nation's largest retailer of musical instruments highlights the growing gap between the strongest and weakest companies in the pandemic. Guitar Center, the country's largest retailer of [...]

Byline: John Cox Nov. 6Local oil producer California Resources Corp. this week recorded a $29 million loss, which widened to $55 million after excluding unusual or infrequent items, for the [...]

COMPANIES AMC Theater ChainReports $900M Loss AMC Entertainment, the world's largest theater chain, has been able to resume operations in 530 of its 600 American theaters but that hasn't stopped [...]

Byline: Jacob Adelman PREIT, the troubled owner of malls throughout the region including Center City's Fashion District Philadelphia, filed for Chapter 11 bankruptcy Sunday in what it describes as a [...]

Byline: Stacy Wescoe As it tries to navigate the challenges of COVID-19, Philadelphia-based PREIT, co-owner of the Lehigh Valley Mall, filed for Chapter 11 bankruptcy Sunday, a move it said [...]

Byline: Jacob Adelman Nov. 2PREIT, the troubled owner of malls throughout the region, including Center City's Fashion District Philadelphia, filed for Chapter 11 bankruptcy Sunday in what it describes as [...]

Byline: John Cox Oct. 24The U.S. Bankruptcy Court has accepted a reorganization plan for local oil producer California Resources Corp. that wipes away most of the company's massive debt and [...]

Byline: Jay Skebba Oct. 20--Libbey Inc. announced that its plan to emerge from Chapter 11 bankruptcy has been confirmed. The Toledo-based glass-maker expects to complete its court-ordered restructuring and emerge [...]

Byline: Deena Yellin For Catholic churches around the country, it has become a familiar refrain: After shelling out millions of dollars in settlements to survivors of clergy abuse, a diocese [...]

Byline: Journal Record Staff OKLAHOMA CITY Chaparral Energy Inc. has completed its financial restructuring and emerged from Chapter 11 bankruptcy as a private, non-SEC filing company. Through the execution of [...]

Byline: Jeremy Roebuck Oct. 03-- Oct. 3--More than two-thirds of the victims who signed up to participate in a fund set up by the Roman Catholic Diocese of Camden to [...]

The move by the Diocese of Rockville Centre on Long Island came after numerous lawsuits were filed under the Child Victims Act. Facing more than 200 lawsuits over sexual abuse [...]

Byline: Michael Sainato Elizabeth Hill worked for nearly three years at Hertz Car Rental in Oklahoma City, Oklahoma, as a reservation agent before she was furloughed in late March. She [...]

Byline: Alby Gallun Another batch of ramshackle South Side apartments owned by a beleaguered housing nonprofit has landed in Bankruptcy Court, with plans to auction them off next month. Chicago [...]

Byline: Ellie Silverman Sept. 14-- Sep. 14--Town Sports International, the parent company of Philadelphia Sports Clubs, among others, has filed for Chapter 11 bankruptcy in the face of a looming [...]

Byline: Katie Park Sept. 11-- Sep. 11--Century 21, the 60-year-old luxury-goods discount chain with an expansive store in Philadelphia, said Thursday that it had filed for Chapter 11 bankruptcy protection [...]

Byline: Darren Iozia Sept. 10-- Sep. 10--Pizza Hut in Jacksonville and Jerseyville have closed after the franchise owner filed for Chapter 11 bankruptcy protection. Pizza Hut at 818 W. Morton [...]

Byline: William Westhoven, Morristown Daily Record The New Jersey grocery landscape is undergoing another seismic shift as KB Holdings, the parent company of Kings Food Markets, announced this week it [...]

Byline: DNA Web Team Punjab National Bank (PNB) has informed the Central Government that it has received US $3.25 million (Rs 24.33 crore) as the first tranche of recoveries in [...]

Byline: Nate Beck, nbeck@dailyreporter.com The Racine contractor Cornerstone Pavers is suing James Peterson Sons, of Medford, to recover nearly $1 million for work on two Foxconn-related road projects. Cornerstone, which [...]

Byline: Chip Minty Oklahoma City-based Chaparral Energy has filed for Chapter 11 bankruptcy, becoming the latest in a line of corporate victims devastated by COVID-19. Heavily burdened by debt going [...]

Byline: Jon Chavez Aug. 12-- Aug. 12--Libbey Inc., which is in midst of a Chapter 11 bankruptcy reorganization, has released its second quarter financial statements which show that it lost [...]

Byline: Philip DeVencentis, NorthJersey.com WAYNE -- California Pizza Kitchen has permanently closed its bar and restaurant at Willowbrook Mall due to the coronavirus pandemic. The West Coast chain, which filed [...]

Sir Richard Branson's flagship business, Virgin Atlantic, has filed for bankruptcy protection in New York after telling a court in London it would run out of cash in September if [...]

Tailored Brands, known for its clothing chains Men's Wearhouse and JoS. A. Bank, struggled as the pandemic shut stores and consumer demand for office attire dropped. The owner of Men's [...]

Byline: Gabrielle Saulsbery The parent company of Men's Wearhouse and Jos. A. Bank filed for Chapter 11 bankruptcy Sunday in hopes of alleviating $630 million debt. Tailored Brands, headquartered in [...]

Byline: Charles Eichacker July 29-- Jul. 29--Calais Regional Hospital is now seeking to temporarily exit bankruptcy so that it might qualify for a federal coronavirus relief program from which it [...]

The move by the 204-year-old Remington Arms Company came after years of litigation and declining sales. The Remington Arms Company, one of America's oldest and largest gun manufacturers, filed for [...]

Byline: Gabrielle Saulsbery Women's clothing retailer Ascena Retail Group Inc. filed for Chapter 11 bankruptcy Thursday. The Mahwah-based group, which is parent to Ann Taylor, LOFT, Lane Bryant, Justice, Lou [...]

Byline: John Cox July 16-- Jul. 16--California Resources Corp., a major local employer and one of the state's largest oil producers, filed Chapter 11 bankruptcy protection Wednesday after reaching a [...]

Byline: Matthew Field At six minutes past 11 local time on March 21, OneWeb's last rocket blasted into space above the Ural mountains in Kazakhstan. Even as the Soyuz craft [...]

Byline: Journal Record Staff OKLAHOMA CITY The U.S. Bankruptcy Court for the Southern District of Texas has approved Chesapeake Energy Corp.'s motions seeking a variety of relief, including authority to [...]

Byline: Steve Lash The U.S. Small Business Administration lawfully rejected Tradeways Ltd.'s request for a paycheck protection loan because the Annapolis-based defense company's owner is seeking bankruptcy protection, a federal [...]

Byline: Steve Strauss, Columnist, USA TODAY Many moons ago, I was a practicing bankruptcy lawyer. One thing I learned back then was that no one wants or plans to file [...]

Byline: Joe Napsha June 24-- Jun. 24--Pittsburgh-based health and wellness retailer GNC Corp. filed for bankruptcy and plans to close 800 to 1,200 stores, including several in Western Pennsylvania, unless [...]

Byline: Will Campbell June 15-- Jun. 15--Health club 24 Hour Fitness is closing one of its Vancouver locations and about 130 others as the company files for Chapter 11 bankruptcy. [...]

Byline: John Cox June 10-- Jun. 10--Even as oil prices continue to recover from their sharp drop earlier this year, two local petroleum producers are wrestling with financial challenges relating [...]

The company, which has said it could file for bankruptcy protection, helped turn the U.S. into a gas exporter but became known for an illegal scheme to suppress the price [...]

The JCPenney at Santa Fe Place will survive the legacy retailer's first stage of closures, which was announced Thursday and targets 154 of its 846 stores nationwide. Another 90 stores [...]

Byline: Lori Valigra June 06-- Jun. 6--The five JC Penney stores in Maine will escape the first round of the giant retailer's plan to shutter outlets nationwide as it goes [...]

Byline: Adam Kurtz June 05-- Jun. 5--J.C. Penney in Grand Forks is not among the 154 stores slated to be closed, as the retailer negotiates the bankruptcy protection process. J.C. [...]

Byline: KAREN HOWLETT, Staff Lead St. Michael's Hospital says the insurance company liable for construction work on its redevelopment project cannot use the recent discovery of e-mails that the insurer [...]

Byline: Jon Chavez June 02-- Jun. 2--Libbey Inc., one of the largest table glass and stemware manufacturers in the world and a company that helped give Toledo its 'Glass City' [...]