American Apparel Inc. told a bankruptcy judge of a survival plan that would help it leave bankruptcy with less debt and would help fix inventory issues at its stores, Daily Bankruptcy Review reports.
Employees of Relativity Television are expected to stay on at the division once the sale of the company goes through, Daily Bankruptcy Review reports via The Wall Street Journal.
Patriot Coal Corp. won a judge’s approval of its chapter 11 bankruptcy plan, which will let it hand over its mines to new owners, Daily Bankruptcy Review reports via The Wall Street Journal.
Thousands more employees of the Great Atlantic & Pacific Tea Co. could be out of a job by Thanksgiving, Daily Bankruptcy Review reports via The Wall Street Journal.
American Apparel Inc.’s turnaround plan includes keeping manufacturing operations inside the U.S., Daily Bankruptcy Review reports via The Wall Street Journal.
Relativity Media LL’s sale to investors including founder Ryan Kavanaugh seems poised for approval by a bankruptcy judge, Daily Bankruptcy Review reports via The Wall Street Journal.
American Apparel Inc. filed for chapter 11 protection Monday amid shrinking sales and litigation tied to founder Dov Charney, who left the company last December, The Wall Street Journal reports.
J.P. Morgan won in a legal fight with Lehman Brothers Holdings Inc. over $8.6 billion. Read the Daily Bankruptcy Review article via The Wall Street Journal.