Biovest International, Inc. filed Chapter 11 bankruptcy in 2008 along with its parent company Accentia Pharmaceuticals. Burdened with debt topping $47 million, the company remained in bankruptcy for two years trying to restructure all...
After failing to secure a buyer in Chapter 11 bankruptcy, Borders is headed to liquidation closing down 400 bookstores around the nation and putting 11,000 people out of work. Borders was unable to overcome...
A group of Borders Group landlords have banded together to object to the proposed Chapter 11 bankruptcy sale of Borders to Direct Brands. The landlords argue that the timing of the proposed sale and...
The bankruptcy judge overseeing the Los Angeles Dodgers bankruptcy case has ordered the removal of four angry fan letters which were placed in the court's official list of documents. Judge Kevin Gross of Delaware's...
Borders Group has had a disappointing conclusion to their negotiations with a potential buyer and creditors. The collapse of the much hoped for buyout deal means that a group of liquidators will bid on...
In a bankruptcy case that has already become heated, Dodgers baseball fans are adding fuel to the fire. In several letters filed with the U.S. Bankruptcy Court, several Dodgers fans appealed to the bankruptcy...
Borders, the embattled bookseller in Chapter 11 bankruptcy, has finally found a potential buyer for its stores. Direct Brands has agreed to a $215 million opening bid for Borders Group. The bid will be...
