bankruptcy

Wet Seal Mulling Bankruptcy
Wet Seal Mulling Bankruptcy
January 16, 2017  |  Retail

Wet Seal may be taking the plunge into bankruptcy — again. Bloomberg reported that the mall retailer is considering bankruptcy, but also a sale, in the wake...

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Lender Argon Credit Files For Bankruptcy
Lender Argon Credit Files For Bankruptcy
December 27, 2016  |  News

Argon Credit, the Chicago online lender, reportedly filed for bankruptcy protection last week, with negative implications for Ranger Direct Lending Fund of the U.K. According...

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PYMNTS Daily Data Dive: Gildan Tries To Save American Apparel
PYMNTS Daily Data Dive: Gildan Tries To Save American Apparel
November 16, 2016  |  Daily Data Dive

After filing for Chapter 11 bankruptcy twice in 13 months, American Apparel now may have a future with Gildan Activewear. American Apparel still has more...

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Nasty Gal Files For Bankruptcy, #GIRLBOSS Founder Cuts Ties
Nasty Gal Files For Bankruptcy, #GIRLBOSS Founder Cuts Ties
November 11, 2016  |  eCommerce

Online retailer Nasty Gal, which was founded 10 years ago by entrepreneur and author Sophia Amoruso, is expected to file for Chapter 11 bankruptcy protection....

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Chapter 11 Watch: Takata, A Hanjin Update And Are Chico’s, Lands’ End Next Up?
Chapter 11 Watch: Takata, A Hanjin Update And Are Chico’s, Lands’ End Next Up?
October 14, 2016  |  Retail

There’s been a lot of bankruptcy news this week. So, without further ado, here’s the latest in bankruptcy news and trends from the past week...

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Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard
Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard
October 07, 2016  |  Retail

A week after a report from Fitch Ratings named Sears Holding Corp. as one of seven major retailers who could face bankruptcy over the next two...

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Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?
Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?
September 30, 2016  |  Retail

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. According to Forbes, Cosi hopes to restructure its debt...

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Fitch Ranks Sears, Claire’s As At High Risk For Default
Fitch Ranks Sears, Claire’s As At High Risk For Default
September 29, 2016  |  Retail

According to a Fitch Ratings study of retail bankruptcies, several high-profile chains are running a reasonable risk of default within the next year, including Sears,...

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Chapter 11 Watch: Hanjin’s Latest Lifeline, Caesars Raises The Stakes And E-Cigarette Troubles
Chapter 11 Watch: Hanjin’s Latest Lifeline, Caesars Raises The Stakes And E-Cigarette Troubles
September 23, 2016  |  Retail

Hanjin, the embattled South Korean shipping giant that filed for bankruptcy in late August, got some good news this week as its largest shareholder has...

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