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Recent Posts in In the News Category

American Apparel Could Be Filing for Bankruptcy

Clothing store American Apparel might very well be on their way towards filing for bankruptcy, as the company has announced that it is uncertain whether or not they have the funds to continue ...
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Chelsea Art Museum Closes Doors Temporarily

It is being reported that due to efforts to avoid foreclosure, the Chelsea Art Museum will be closing their doors for the second half of August. The museum filed for Chapter 11 bankruptcy at the ...
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Real Housewife Goes on Shopping Spree After Filing for Bankruptcy

After racking up an impressive $11 million in debt, Teresa Giudice of the reality TV show the Real Housewives of New Jersey and her husband filed for Chapter 7 bankruptcy last October. The couple is ...
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Tribune Co. Buys More Time in Bankruptcy Reorganization

Tribune Co., parent company of the Los Angeles Times, KTLA-TV Channel 5, and other various media outlets, is trying to buy more time to negotiate with its creditors before having to propose a ...
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