Bankruptcy

Latin America's largest airline filed for bankruptcy protection late Monday. Its shares did not trade at all during Tuesday's regular session.
Paul Ausick
Chesapeake stock has jumped, even after a private equity firm dumped its stake. Can rising crude oil prices save the company from bankruptcy?
Paul Ausick
There was little doubt that J.C. Penney would file for bankruptcy protection. Its reorganization plan is mainly about the real estate. The retailer expects to close 200 stores this year and more next...
Paul Ausick
J.C. Penney shares are worthless. That leaves J.C. Penney’s 90,000 workers in limbo.
Douglas A. McIntyre
Retailer J.C. Penney is about to file for Chapter 11 bankruptcy protection, according to a number of sources. That leaves its 90,000 workers in limbo.
Douglas A. McIntyre
J.C. Penney is widely expected to seek bankruptcy protection as soon as this week.
Carla Baranauckas
Neiman Marcus is not the first retailer to enter into bankruptcy protection in this recession. It likely will not be the last.
Jon C. Ogg
Oil and gas producer Chesapeake Energy is reportedly preparing a Chapter 11 bankruptcy filing as it tries to dig out from under more than $9 billion in debt.
Paul Ausick
Oil driller Diamond Offshore on Sunday filed for bankruptcy protection as it tries to strengthen its balance sheet and reorganize its debt.
Paul Ausick
Just like the coronavirus affects people weakened by chronic health problems, the pandemic also has a more profound effect on companies that are financially weak. J.C. Penney continues to mull a...
Paul Ausick
A report that J.C. Penney is discussing debtor-in-possession financing with a group of lenders has led to a wave of selling for an already-decimated stock.
Paul Ausick
J.C. Penney has reportedly hired advisers who specialize in reorganizing the finances of a struggling company. The venerable retailer may be unable to avoid bankruptcy protection, according to some...
Paul Ausick
J.C. Penney has posted deeper and deeper declines in revenue and now it may go bankrupt. Whether it will be able to continue to operate or it faces the liquidation of its assets, it has 846 stores at...
Douglas A. McIntyre
It’s a tough time to be an apparel and fashion retailer. On top of millions of people people having become jobless, many retail destinations have been deemed non-essential and have been forced...
Jon C. Ogg
Oil and gas producer Whiting Petroleum has filed for bankruptcy reorganization in which the company is essentially exchanging debt for new stock and new owners.
Paul Ausick