Women's clothing retailer Deb Shops files for bankruptcy
Philadelphia-based women's clothing retailer Deb Shops Inc filed for bankruptcy protection in a Delaware court on Sunday as part of a financial restructuring.
Source: The Economic Times
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Two FRM victims settle with bankruptcy trustee
Al and Susan McIlvene, the outspoken leaders of the group of victims of the Financial Resource Mortgages Inc. Ponzi scheme, have settled their own legal differences with the trustee to the bankruptcy...
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UK Retailer HMV Sees Game Profits Fall 'Significantly'
UK retailer HMV has posted financial results for the last fiscal year, noting that the sale of video games has "significantly underperformed" compared to the company's expectations. For the fiscal year...
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Dodgers file for bankruptcy
The Dodgers filed for bankruptcy protection Monday, a move that owner Frank McCourt said would stabilize the financial future of the team. McCourt said the filing became necessary because Major League...
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St Albans clothing company receives banking boost
A FLEDGLING St Albans business which manufactures and supplies knitted garments to some of the UK’s biggest high street retailers is set to break its £3 million sales target after securing a factoring...
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Wall Street: Stocks slide as Gap Inc. plunges, retailers flail
NEW YORK — Stocks slid Friday on signs that U.S. consumer demand may be weakening and fears about the Greek debt crisis. The Dow Jones industrial average fell 78 points, or 0.6 percent, to 12,527...
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Harry & David reaches agreement on bankruptcy reorganization
The latest step in a $310 million financial bailout approved by the U.S. Bankruptcy Court in Delaware sets the stage for Harry & David to start pulling out of bankruptcy, the Medford-based company announced...
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Thornburg bankruptcy trustee sues banks
Of DOW JONES DAILY BANKRUPTCY REVIEW The court-appointed trustee overseeing the liquidation of Thornburg Mortgage Inc. is suing some of Wall Street's biggest banks -- including J.P. Morgan Chase & Co....