bankruptcy

Wayne LaPierre, the contested executive director of the National Rifle Association, said Wednesday that he had kept his organization's bankruptcy filing secret from almost all high-ranking officials, including the general counsel, chief…

HONG KONG - Lenders are pushing for bankruptcy. Its chairman and co-founder has been tacitly stripped of power. Almost $ 10 billion of his money was misappropriated.HNA Group, the giant Chinese conglomerate that has thrown tens of…

Belk department storeJohn Greim | LightRocket | Getty ImagesThe Belk department store chain announced on Tuesday afternoon that it would file for Chapter 11 bankruptcy protection. This marks the youngest retailer in malls as its sales…

Belk department storeJohn Greim | LightRocket | Getty ImagesKKR, Blackstone and other major Belk lenders are in talks with the North Carolina-based department store chain to avoid bankruptcy, according to a report in the Wall Street…

People are strolling outside the newly boarded AMC 14th 34th Street movie theater as the city resumes Phase 4 reopening after restrictions were imposed in New York City on September 4, 2020 to slow the spread of the coronavirus.Noam Galai |…

The signage will be displayed outside a JC Penney Co. store in Chicago, Illinois.Christopher Dilts | Bloomberg | Getty ImagesJill Soltau, CEO of JC Penney, who wanted to turn the contested department store over, will be leaving the…

For the world's largest cinema chain, bankruptcy could be the best option to survive the coronavirus pandemic.The coronavirus pandemic has hit cinemas since March, cracking their bottom line, but no one has been hit harder than AMC. The…

Street performers in Minnie Mouse costumes walk past an AMC movie theater in New York's Times Square at night on October 15, 2020.Amir Hamja | Bloomberg | Getty ImagesThe world's largest theater chain just got a $ 100 million shot in the…