Reorganizations

Declining sales and poor performance at its chain stores are forcing funky fashion designer Betsey Johnson's namesake company to file for chapter 11 bankruptcy protection. A source tells the Wall Street Journal the company will have to close 63 stores.

Lehman filed for Chapter 11 protection in September 2008 in what would become the largest bankruptcy in U.S. history, sparking the biggest financial meltdown since the Great Depression. The investment bank buckled after betting heavily on ...

BETSEY JOHNSON has filed for bankruptcy protection under the Chapter 11 US Bankruptcy Code. Although the designer will remain creative director of the brand, the majority of the label's 63 stores and 350 people will lose their jobs. "The decision to seek ...

But Brundage said that is because the company's goals shifted after it filed for Chapter 11 protection. Before the bankruptcy, AMR's aim was to keep its unions from striking, and to avoid bankruptcy. "We were governed by how hard we believed we could push ...

LOS ANGELES (MarketWatch) -- Clothing and accessories design company Betsey Johnson LLC filed for Chapter 11 bankruptcy protection on Thursday, according to reports. The move will result in the closure of the majority of its stores.