Revel Casino Emerges From Bankruptcy FilingThe 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.
Owner Of Mandee, Annie Sez, Afaze Blames Sandy For BankruptcyThe 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.
Interfaith Medical Center In Brooklyn Files For Bankruptcy ProtectionInterfaith Medical Center in Brooklyn has filed for Chapter 11 bankruptcy protection.
Borders Outlines Additional 28 Store ClosingsThe additional closings would bring the remaining store total to about 400.
Judge Expected To Rule On Blockbuster's FutureThe 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 Files For Ch. 11 Bankruptcy ProtectionThe 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.
Court Approves A&P's $800 Million FinancingA 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 AugustThe company that owns the West 22nd Street museum filed for Chapter 11 bankruptcy protection earlier this month in an effort to avoid foreclosure.