Tag: Bankruptcy

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  • peabody energy chapter 11

    Peabody Energy could file for Chapter 11 bankruptcy

    Peabody Energy, the¬†world’s largest coal company, warned on Wednesday that it may have to file for Chapter 11 bankruptcy if it can’t keep up with its debt payments. Peabody issued the warning in a securities filing. The private coal company explained that demand for coal around the world and stiffer regulations raised “substantial doubt” about […]

  • Republic Airways bankruptcy

    Pilot shortage forces airline to file for bankruptcy protection

    A shortage of pilots has forced Republic Airways to file for bankruptcy protection Republic Airways is a smaller region jet operator that connects flights for United Airlines, Delta Air Lines, and American Airlines. Lately, the company has been forced to ground numerous flights because it couldn’t find qualified pilots to fly its planes. The airline […]

  • American Apparel

    Teen Apparel Retailer American Apparel Files For Bankruptcy Protection

    Teen apparel retailer American Apparel has filed for chapter 11 bankruptcy protection. The company plans to restructure under the support agreement with most of its secured lenders. The company says it will continue to operate all of its retail locations through the process, with all wholesale and US manufacturing operations continuing for the foreseeable future. […]

  • AP Files for Chapter 11 Bankruptcy Yet Again

    A&P Grocery Chain Files For Chapter 11 Bankruptcy — Again

    Great Atlantic & Pacific Tea Co Inc, owners of the storied A&P grocery chain, has filed for bankruptcy protection for the second time in five years. The company has also announced plans to sell more than one-third of its remaining stories. The chain, which also owns¬†Best Cellars, Pathmark and Superfresh stores, has watched profits shrink […]