The Atlantic Club Casino Hotel filed for Chapter 11 bankruptcy protection Wednesday, a move that is part of a plan to put its Atlantic City gambling business up for auction, according to sources familiar with the
Simply Wheelz LLC, which does business as Advantage Rent A Car, filed for Chapter 11 protection Tuesday, months after its spinoff from Hertz Corp. Read the Daily Bankruptcy Review article here.
Patriot Coal Corp. Thursday said it has reached preliminary deals to secure $576 million in bankruptcy-exit financing. Read the Daily Bankruptcy Review article here.