JW Resources Inc. filed for chapter 11 bankruptcy Tuesday, the latest coal miner to seek court protection during troubles in the industry. Read the Daily Bankruptcy Review article here.
Molycorp, the U.S.’s only rare-earths producer, is struggling to stay alive, partly because of problems at its mine and processing plant in Mountain Pass, CA.
Colt Defense LLC filed for chapter 11 bankruptcy protection Sunday night, warning its business is in a fragile state and it needs a quick sale to survive, The Wall Street Journal reports.
The fight between a California strawberry grower and the middleman that gets its berries to Trader Joe’s and other grocery stores keeps getting juicier.
Medical device maker IMRIS Inc. has filed for chapter 11 bankruptcy protection with a buyout offer from secured lender Deerfield Management Co. The Wall Street Journal has the Daily Bankruptcy Review article here.
This week on The Broke and the Beautiful, another member of English boy band Blue filed for bankruptcy, and a judge called for the arrest of Girls Gone Wild founder Joe Francis.
