College of Saint Rose files for Chapter 11 bankruptcy: The college's board of trustees announced Thursday morning the bankruptcy filing will "ensure the orderly wind down of operations" following the school's closure
Accuride Files For Chapter 11 Bankruptcy For Debt Restructuring | Nasdaq: The company, which has reached agreement with its lenders for the proposed restructuring, said the decision would facilitate economic improvements for operations and significantly reduce funded debt from its balance sheet
Electric Vehicle Maker Fisker Cleared To Exit Chapter 11 - Law360: Electric car maker Fisker Inc. is set to exit Chapter 11 after a Delaware bankruptcy judge on Friday ruled that opt-out forms sent during plan voting showed creditor consent for third-party releases, but that shareholders who didn't vote on the plan hadn't agreed to the releases.
Wholesaler True Value in Bankruptcy to Sell Itself to Rival: The Chicago-based home-improvement company will continue to operate under Chapter 11 protection with Do it Best providing a stalking horse bid. The bidder offered to pay $153 million in cash, according to the bankruptcy filing.
Biotech Co. Gritstone Hits Ch. 11 With Over $100M Debt : Vaccine developer Gritstone bio Inc. filed for Chapter 11 protection in Delaware bankruptcy court Thursday with at least $100 million of debt, saying it was in discussions with a potential bidder for a sale of the business to ensure it can continue researching cancer and other disease treatments.
Discount Retailer Plans To Close Its Stores In Ch. 11 : The parent of secondary market retail chain operator Channel Control Merchants on Thursday filed for Chapter 11 protection in Delaware bankruptcy court with more than $76 million in debt and plans to close its 68 locations by the end of the year.
7-Eleven shuttering over 400 North American stores amid strategic pivot | Retail Dive: The retailer also aims to generate $520 million through sale-leasebacks of an undisclosed number of stores as its parent company slashes its profit forecast and spins off noncore segments
Attention Kmart Shoppers: It’s Closing Time - The New York Times: As the last full-size Kmart in the continental United States prepares to close, shoppers reminisced about the store that once sold everything, everywhere
Bankruptcy Took Down the Redbox Machine. If Only Someone Could Take Them Away. - WSJ: The DVD vending machine pioneer is out of business, sticking Walgreens, Walmart and other merchants with 24,000 abandoned big red machines
