Texas Rangers File Chapter 11 Bankruptcy – Owes New York Yankees Player Millions
The Texas Rangers, the Major League Baseball team controlled by billionaire Thomas Hicks, filed for Chapter 11 bankruptcy in an effort to expedite the sale of the baseball team to a group of investors...
U.S. Concrete Files Chapter 11 Bankruptcy
U.S. Concrete, a concrete supplier for the construction industry, filed Chapter 11 bankruptcy with assets of $389.2 million and debt of $399.4 million as of Dec. 31, 2009. They hope that the pre-bankruptcy plan's...
Bankruptcy Judge May Approve Six Flags Settlement
Six Flags Inc. has finally resolved a many weeks long dispute between two groups of creditors and expects to exit Chapter 11 bankruptcy as early as the first week of May. Bankruptcy Judge Christopher...
Fuddruckers’ Parent Company Files Chapter 11 Bankruptcy
Magic Brands LLC, the parent of Fuddruckers and Koo Koo restaurants has filed Chapter 11 bankruptcy and announced it will close 24 corporate owned locations by April 30th including one of its Dallas-Fort Worth...
Should Derivatives Receive Special Treatment In Chapter 11 Bankruptcy?
Derivatives in the world of finance are financial instruments or agreements between two parties that has determined the value of something by its estimated future value. More simply put, it is the bet that...
How Does Chapter 11 Bankruptcy Help Small Business?
How Bankruptcy Helps Small Business Small businesses that choose to file Chapter 11 bankruptcy have an opportunity to get their financial affairs in order, reduce and get a fresh financial start. Many businesses think...
Will Blockbuster’s Attempts To Restructure Outside Bankruptcy Prove Successful?
Blockbuster's announcement that it has secured new agreements with major studios that offer enhanced payment terms in exchange for a first lien on the company's Canadian assets sent its stock trading slightly higher. But...