bankruptcy

Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African Ex-Crypto Agency Chief Allegedly Scammed Investors Of $13.4M

Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African Ex-Crypto Agency Chief Allegedly Scammed Investors Of $13.4M
Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African...
July 06, 2020  |  Bitcoin

Travala.com, the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to...

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Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
July 06, 2020  |  Retail

Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent...

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Chapter 11 Filings Are Up 43 Pct YOY
Chapter 11 Filings Are Up 43 Pct YOY
July 02, 2020  |  Economy

Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported....

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PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020  |  Investments

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ)...

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Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
June 24, 2020  |  Retail

Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and...

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Forever 21 Bailout Team May Rescue JCPenney
Forever 21 Bailout Team May Rescue JCPenney
June 16, 2020  |  Retail

JCPenney may have a suitor. Reports circulating Tuesday (June 16) have Authentic Brands teaming with mall landlords Simon Property Group and Brookfield Properties teaming up...

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24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
June 15, 2020  |  Economy

24 Hour Fitness, the privately owned gym chain, announced Monday (June 15) that it filed for Chapter 11 bankruptcy protection, according to a press release....

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Retailer Bankruptcies Shine A Light on Gift Cards And ‘Breakage Income’
Retailer Bankruptcies Shine A Light on Gift Cards And ‘Breakage Income’
June 09, 2020  |  Retail

Gift cards may be the gift that keeps on giving — not just for the recipients, but also for the companies that issue them. Get...

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