bankruptcy

Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

February 15, 2026 Anne D Innocenzio

NEW YORK — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy […]

Saks’ bankruptcy filing creates uncertainty for iconic stores, suppliers, shoppers

January 31, 2026 Anne D Innocenzio

NEW YORK — An appeal for bankruptcy protection filing of the operator of Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus has left the luxury department stores’ suppliers with unpaid bills and caused a rift […]

Spirit Airlines files for bankruptcy

November 24, 2024 The Associated Press

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline […]

WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to $50 billion

November 8, 2023 The Associated Press

NEW YORK — WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went […]

Sam Bankman-Fried’s downfall sends shockwaves through crypto

November 16, 2022 The Associated Press

NEW YORK — Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s […]

Boys Scouts bankruptcy judge approves sale of BSA warehouse

April 28, 2022 Randall Chase, Associated Press

DOVER, Del. — The judge presiding over the Boy Scouts of America bankruptcy has approved the organization’s request to sell its warehouse and distribution center in North Carolina for roughly $13.5 million and lease back […]

Business

Legal shield for Purdue Pharma owners is at heart of appeals

September 9, 2021 admin

The end of the Purdue Pharma bankruptcy case has left a bitter taste for those who wanted to see more accountability for members of the Sackler family. The Sacklers will give up ownership of the […]

Article

Judge mulls key rulings in Boy Scouts of America bankruptcy

August 18, 2021 Randall Chase, Associated Press

DOVER, Del. — A year and a half after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse lawsuits, a Delaware judge is poised to issue a ruling that […]

Article

Boy Scouts submit reorganization plan to bankruptcy court

March 3, 2021 Randall Chase, Associated Press

DOVER, Del. — The Boy Scouts of America submitted a bankruptcy reorganization plan Monday that envisions continued operations of its local troops and national adventure camps but leaves many unanswered questions about how it will […]

Bankruptcy judge OKs federal settlement with Purdue Pharma

November 20, 2020 Geoff Mulvihill, Associated Press

Proposed settlements between the federal government and OxyContin maker Purdue Pharma and its owners cleared a major legal hurdle Tuesday when a bankruptcy judge said they could move ahead. Last month, the company agreed to […]