Company Bankruptcy Resources and More...
Storage Company OnStream Returns From Bankruptcy
Company's Advanced Digital Recording technology survives fiscal troubles....(Continue Reading)
Asbestos Fund: One Step Closer to Agreement
Reuters reports that "Hundreds of thousands of injury claims have forced dozens of U.S. companies into bankruptcy. Senate Judiciary Committee Chairman Senator Arlen Specter is proposing to take asbestos injury claims out of the courts and paying vict...(Continue Reading)
ATA Cancelling Flights
ATA announced it will stop operating at St. Petersburg-Clearwater International Airport on April 10th. The company filed for bankruptcy in October. It cites tough competition and high fuel prices are making continued operation difficult. The airline...(Continue Reading)
Madrakesoft Raises $7.3 Million
Mandrakesofts shareholders approved the sale of up to one million shares of stock at six euros ($7.31) a share. The company filed for bankruptcy protection in 2003, but is now profitable. This move will enable Mandrakesoft to be listed on......(Continue Reading)
Review: Enron - The Smartest Guys in the Room
Strippers, motorbikes and Ken Lay: Alex Gibney's documentary about the energy trading company's spectacular bankruptcy tells a gripping story of avarice and fraud. "The Smartest Guys in the Room" opens today. Read Jürgen's review.......(Continue Reading)
Post-Chapter 11 Survival for Retailers
Before a retail company emerges from Chapter 11 bankruptcy protection, supply chain and service issues must be thoroughly addressed, otherwise, the potential for long-term survival is virtually non-existent, according to turnaround consultants Clear...(Continue Reading)
SS Independence Ocean Liner - Cruise Ship Profile
The SS Independence is one of the oldest and most storied ocean liners still afloat. She most recently sailed Hawaii for American Classic Voyages until the company's bankruptcy in late 2001. Norwegian Cruise Lines bought the Independence in February...(Continue Reading)
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