Relativity Bankrupt Exit

Relativity: Judge Conditionally Approves Studio’s Bankruptcy Exit

After suggesting that Relativity might not be ready to exit bankruptcy protection, U.S. Judge Michael Wiles closed a roller-coaster hearing Tuesday, conditionally approving the studio’s reorganization. If the company can prove to Wiles’ satisfaction that it has secured some $80 million in financing, as well as a firm agreement to have Kevin Spacey and his Read more about Relativity: Judge Conditionally Approves Studio’s Bankruptcy Exit[…]

PG Horsehead Holdings Bankruptcy

Pittsburgh-based Horsehead Holding declares bankruptcy

Post-Gazette.com – Horsehead Holding declared bankruptcy today and said it intends to reorganize under court protection, saying that is the best way to preserve value for stakeholders. The Robinson zinc producer filed a Chapter 11 petition in federal bankruptcy court in Wilmington, Del. The petition also includes four of its subsidiaries. According to court papers, Read more about Pittsburgh-based Horsehead Holding declares bankruptcy[…]

American Apparel logo

American Apparel wins approval to exit bankruptcy

A U.S. bankruptcy judge on Monday approved the restructuring plan for retailer American Apparel, dashing former CEO Dov Charney’s hopes of regaining control of the company and giving the chain a fresh shot at building a sustainable business. The company filed for Chapter 11 bankruptcy protection in October, citing a sharp decline in sales, a Read more about American Apparel wins approval to exit bankruptcy[…]

Arch Coal Bankruptcy Dan Cepeda | The Gazzette

Arch Coal Bankruptcy Has Citizens Groups Worried About Cleanup

Arch Coal Inc.ACIIQ -22.46%’s bankruptcy filing has some citizens groups are worried about its ability to clean up pollution at its Wyoming mines, Daily Bankruptcy Review reports via The Wall Street Journal. A bankruptcy judge approved the reorganization plan for the New York City Opera more than two years after it ran out of money Read more about Arch Coal Bankruptcy Has Citizens Groups Worried About Cleanup[…]

The Richard B. Russell Federal Building and U.S. Courthouse in downtown Atlanta houses a high-volume bankruptcy court.

Georgia still a bankruptcy leader, even as filings decline

Bankruptcies are on the decline in Georgia, but the Peach State continues to hang onto its position as one of the top states in the nation for bankruptcy filings. Georgia ranked third nationally for its rate of bankruptcy filings in 2015, behind Tennessee and Alabama, according to new statistics from the American Bankruptcy Institute (ABI) Read more about Georgia still a bankruptcy leader, even as filings decline[…]

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