The company has reached an agreement with shareholders of more than $10 billion of its outstanding debt.
Toy giant Toys R Us filed for Chapter 11 since the company is in debt over $5 billion.
She just savaged the business record he so often touts.
In a move that appeared inevitable for months, commercial-scale solar pioneer SunEdison filed for Chapter 11 bankruptcy protection on April 21. The news grabbed clean-tech industry and general business headlines for sure, but I've been struck by how little splash it's made in the broader realm of national attention, particularly politics.
This is one of the largest bankruptcies involving a non-financial company.
"Over the last 10 years, my story's been really difficult. No one has any idea what happened to me."
This comment provides a brief and incomplete educational overview of a complex topic and is not intended to provide legal advice. Always consult experienced legal, accounting, and financial professionals in all specific debtor-creditor and bankruptcy situations.
Greece and the European Union could face a showdown in their debt talks as early as this week. And if you had to place odds right now, the likelihood is that the stubbornness of Europe's senior leaders will create a catastrophe for both Greece and the EU. Here is the state of play.
DMX’s financial strains have been inhibiting his career for several years. Poor financial management by prior representation
Six Flags Entertainment The amusement park company filed for bankruptcy in 2009. By the fourth quarter of 2007, it owed $2.5