Chapter 11

The Revel casino is seen from the boardwalk in Atlantic City (file / creidt: Dough4872 via Wikipedia)

Revel Casino Emerges From Bankruptcy Filing

The pre-planned Chapter 11 filing wiped out $1.2 billion of the casino’s $1.5 billion in debt, by giving lenders an 82 percent ownership stake.


Credit CBS 2

Owner Of Mandee, Annie Sez, Afaze Blames Sandy For Bankruptcy

The New Jersey-based owner of the Mandee, Annie Sez and Afaze clothing stores filed for Chapter 11 bankruptcy protection Monday, citing effects from Superstorm Sandy as the cause of its financial woes.


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Interfaith Medical Center In Brooklyn Files For Bankruptcy Protection

Interfaith Medical Center in Brooklyn has filed for Chapter 11 bankruptcy protection.


Borders Bookstore (credit: Nicholas Kamm/AFP/Getty Images)

Borders Outlines Additional 28 Store Closings

The additional closings would bring the remaining store total to about 400.


A Blockbuster Video store - File / Photo: Justin Sullivan/Getty Images

Judge Expected To Rule On Blockbuster’s Future

The U.S. Bankruptcy Court for the Southern District in New York will rule on whether a bid by a group of debtholders for $290 million should be approved.


Borders Bookstore (credit: Nicholas Kamm/AFP/Getty Images)

Borders Files For Ch. 11 Bankruptcy Protection

The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, Borders spokeswoman Mary Davis said.


A woman walks outside of an  A&P supermarket December 13, 2010 in Jersey City, New Jersey. Venerable grocery chain A&P filed for bankruptcy protection this weekend, under mounting debt and structural problems.  The company owns supermarkets under the names of A&P, Pathmark, Food Emporium,Waldbaums, and others.  (Photo by Chris Hondros/Getty Images)

Court Approves A&P’s $800 Million Financing

A New York court has approved financing that will allow the Great Atlantic & Pacific Tea Co. to continue operating while under Chapter 11 bankruptcy protection.



Chelsea Art Museum Closes For Rest Of August

The company that owns the West 22nd Street museum filed for Chapter 11 bankruptcy protection earlier this month in an effort to avoid foreclosure.