Some companies never make it out of bankruptcy, and -- like Filene's -- end up liquidating. But for those that do emerge, and then tumble into bankruptcy again, it's a failure of everyone involved. - Bankruptcy Chapter 11 Chapter 15 Chapter 22 Chapter 33Filene's Basement filed Chapter 11 three times in 12 years, essentially Chapter 33, before closing for good. MORE
The stars of CNBC's 'West Texas Investors Club', Mike 'Rooster' McConaughey and Wayne 'Butch' Gilliam, explain why entrepreneurs should prioritize paying back their debts MORE
I went to bed and decided to declare email bankruptcy. Here's how I declare email bankruptcy: I have a list of about thirty people who I email with regularly and who are my most important email relationships. On Sunday night I sat down at the dinner table after my family headed upstairs and I spent three hours cleaning out my email inbox. When I started I had over 1200 unread non-spam emails. Three hours later I had the number down to 800 and I was wiped out. MORE
Shoppers' habits are changing, and some stores just aren't cut out to survive in the new retail environment. MORE
23 
Three years ago, thick clouds of bankruptcy loomed over the plus-sized womenswear retailer, Ashley Stewart. Grow Operations bankruptcy company culture leadership struggling business MORE
Photo Credit: Flickr user TimeTrax. The amount of businesses that cannot even survive for a single year is alarming. Depending on what statistics you look at, anywhere from 4% to 25% of businesses fail in their first year of business. MORE
Very few entrepreneurs fall from bigger heights than celebrities. There''s a lot to learn from how they recover MORE
“In 15 Years From Now Half of US Universities May Be in Bankruptcy.” ” Such was the quote of Clayton Christensen followed by, “… in the end I’m excited to see that happen. So pray for Harvard Business School if you wouldn’t mind.” MORE
Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011. MORE
When James Rhee become CEO of a company facing bankruptcy, he made one rule: be kind. Here is why more CEO's should do the same. Icons of Entrepreneurship MORE
23 Regardless, it is worth the read - LightSquared said its emergence from bankruptcy will let it bring the company's "valuable spectrum resources and existing satellite and terrestrial networks to the marketplace. Bankruptcy ReorgTotal swivel folks, new products.Just read the press release. MORE
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. MORE
It's how Evernote was saved from the brink of bankruptcy at 3AM one morning by a user from Sweden. Next week, the fan wired $500 000 to Evernote and basically saved the company from bankruptcy. Evernote is perhaps the single most persistent program I have open on my computer each day. MORE
Phillip Buchanon, once the 17th overall pick of the NFL draft, is now hoping to leave his mark on Silicon Valley MORE
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. MORE
Some entrepreneurs fail because they burn through all their cash; others fail because they burn through all their social capital MORE
Just in case.Link below - Chapter 15 - Bankruptcy Basics Ancillary and Other Cross-Border Cases Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. domestic adoption of the Model Law on Cross-Border Insolvency promulgated by the United Nations Commission on International Trade Law ("UNCITRAL") in 1997, and it replaces section 304 of the Bankruptcy Code. bankruptcy estate. MORE
The looming sub-sovereign debt crisis should scare you. Strategy MORE
Grow Operations bankruptcy Business Law business lessons e-commerceHere’s a look at three practical ways you can reinforce and shore up your business before you have to bring it back from the brink. MORE
The filing comes almost two years after the company ousted founder Dov Charney, who is locked in a legal fight and sued the American Apparel for defamation MORE
SpoonRocket blew through $13.5 million in funding with little to show for it. Now, they're a cautionary tale on how not to spend venture capital MORE
How does your state rate when it comes to the number of bankruptcies filed each year MORE
The musician once had a reported net worth of nearly half a billion dollars thanks to his equity stake in Vitamin Water MORE
A quick accumulation of cash doesn't necessarily put you on firm financial footing for the long term. Here's how to avoid squandering your newfound wealth MORE
Bankruptcy is the ultimate panacea to all debt woes, whether for a business or an individual. Bankruptcy is that B-word which we all know of but we don’t prefer saying it as we all hope that we never have to go through it. million filing Chapter 7, 11, 12 and 13 bankruptcies. MORE
Yesterday, culminating in a months-long decision process , the city filed for Chapter 9 bankruptcy. So if you think the city''s bankruptcy makes Detroit a bad place to start and run a business--you''d be forgiven. You say filing for bankruptcy was the right decision. MORE
These companies nearly lost everything--and emerged stronger than ever MORE
Once a company has "negative equity", it must apply for bankruptcy procedures file a registry notification without hesitation, according to Finnish legislation. Update (16th of April 11.20AM GMT): Added a factual error regarding bankruptcy procedure. MORE
The struggling invention hub calls it a day and starts selling off its assets MORE
DRYS Bankruptcy DryShips Yet again, DryShips, Inc. slippery deck CEO Mr. Economou.may be running a scam. MORE
Then you better allow for bankruptcy. Want entrepreneurship? Two entrepreneurs are making it accessible again MORE
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort. There are many other negative implications to bankruptcy. bankruptcy filing types you should choose. MORE
The industry that many saw as the salvation of the economy for South Africa is currently embroiled in a huge bust, one that many in the industry fear may only be relieved with the help of some smart bankruptcy lawyers. The post Is Bankruptcy Rising for South African Mines? Many who watch the markets lately have begun to fear for the once booming South African metals mining industry. MORE
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. MORE
Jessica Mah, co-founder of InDinero, describes to Inc. editor-at-large Kimberly Weisul at the Inc. 5000 conference in Orlando how she lost $1 million and made it back by her 25th birthday MORE
A bill that would give Puerto Rico’s government agencies access to the same bankruptcy protections provided to cities such as Detroit would provide a road map for investors if one or more runs out of money, a senior government official told a U.S. Bankruptcy Code would help protect public services and plans for long-term growth. Bankruptcy Bonds Business Law Capital Markets Debt DIP Distressed Debt Puerto Rico MORE
What small businesses can do to avoid a similar fate MORE
If your business is considering filing for bankruptcy, read on to see how to proceed. If your business has been experiencing financial difficulty for some time, is filing for bankruptcy the appropriate step? And if so, what bankruptcy options do you have? Chapter 7 Bankruptcy. MORE
The emergence of Southland Corporation from Chapter 11 after six months in the bankruptcy court brings to the fore an old, but until the late 1980s little used, strategy of bankruptcy practice: the so-called "prepackaged plan." " (In Southland, since the prepackaged plan had to be resubmitted post-bankruptcy, it is actually an example of a pre-negotiated plan MORE
This outcome was the only logical and unfortunate conclusion of many months of pre-bankruptcy preparation on the part of the bondholders and the company's board. LOS ANGELES, Jan. 25, 2016 /PRNewswire/ -- I am obviously disappointed by the judge's decision to confirm the debtors' reorganization plan and hand ownership of American Apparel to its bondholders. MORE
How do you turn around a legendary gun-maker brand in bankruptcy? Colt Defense, the storied American weapons maker whose innovations include the 1911 pistol and the M16, filed for bankruptcy earlier this week. MORE
More than two years and 10 months after LightSquared filed for bankruptcy protection, Judge Shelley Chapman confirmed its latest plan of reorganization, which pays off Charlie Ergen’s interests in cash and gives ownership of the remaining company to investors such as Centerbridge and Fortress. In her other major telecom bankruptcy, Judge Chapman also approved the sale of NII Holdings’ Mexican assets to Cingular this week. MORE
By LAURA LOREK Reporter with Silicon Hills News CoinTerra, once recognized as one of Austin’s fastest growing startups, has filed for Chapter 7 liquidation bankruptcy. The Austin-based bitcoin machine manufacturer filed for bankruptcy in Austin on Jan. “The move comes soon after CoinTerra […] The post Austin-based CoinTerra Files for Bankruptcy appeared first on SiliconHills. MORE
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Three years ago, thick clouds of bankruptcy loomed over the plus-sized womenswear retailer, Ashley Stewart. Grow Operations bankruptcy company culture leadership struggling business
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If your business is considering filing for bankruptcy, read on to see how to proceed. If your business has been experiencing financial difficulty for some time, is filing for bankruptcy the appropriate step? And if so, what bankruptcy options do you have? Chapter 7 Bankruptcy.
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If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again.
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A bill that would give Puerto Rico’s government agencies access to the same bankruptcy protections provided to cities such as Detroit would provide a road map for investors if one or more runs out of money, a senior government official told a U.S. Bankruptcy Code would help protect public services and plans for long-term growth. Bankruptcy Bonds Business Law Capital Markets Debt DIP Distressed Debt Puerto Rico
YoungUpstarts
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Bankruptcy is the ultimate panacea to all debt woes, whether for a business or an individual. Bankruptcy is that B-word which we all know of but we don’t prefer saying it as we all hope that we never have to go through it. million filing Chapter 7, 11, 12 and 13 bankruptcies.
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The stars of CNBC's 'West Texas Investors Club', Mike 'Rooster' McConaughey and Wayne 'Butch' Gilliam, explain why entrepreneurs should prioritize paying back their debts
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The emergence of Southland Corporation from Chapter 11 after six months in the bankruptcy court brings to the fore an old, but until the late 1980s little used, strategy of bankruptcy practice: the so-called "prepackaged plan." " (In Southland, since the prepackaged plan had to be resubmitted post-bankruptcy, it is actually an example of a pre-negotiated plan
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The struggling invention hub calls it a day and starts selling off its assets
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The filing comes almost two years after the company ousted founder Dov Charney, who is locked in a legal fight and sued the American Apparel for defamation
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Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011.
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The industry that many saw as the salvation of the economy for South Africa is currently embroiled in a huge bust, one that many in the industry fear may only be relieved with the help of some smart bankruptcy lawyers. The post Is Bankruptcy Rising for South African Mines? Many who watch the markets lately have begun to fear for the once booming South African metals mining industry.
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This outcome was the only logical and unfortunate conclusion of many months of pre-bankruptcy preparation on the part of the bondholders and the company's board. LOS ANGELES, Jan. 25, 2016 /PRNewswire/ -- I am obviously disappointed by the judge's decision to confirm the debtors' reorganization plan and hand ownership of American Apparel to its bondholders.
Inc Startups
APRIL 5, 2016
SpoonRocket blew through $13.5 million in funding with little to show for it. Now, they're a cautionary tale on how not to spend venture capital
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Very few entrepreneurs fall from bigger heights than celebrities. There''s a lot to learn from how they recover
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I went to bed and decided to declare email bankruptcy. Here's how I declare email bankruptcy: I have a list of about thirty people who I email with regularly and who are my most important email relationships. On Sunday night I sat down at the dinner table after my family headed upstairs and I spent three hours cleaning out my email inbox. When I started I had over 1200 unread non-spam emails. Three hours later I had the number down to 800 and I was wiped out.
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Once a company has "negative equity", it must apply for bankruptcy procedures file a registry notification without hesitation, according to Finnish legislation. Update (16th of April 11.20AM GMT): Added a factual error regarding bankruptcy procedure.
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It's how Evernote was saved from the brink of bankruptcy at 3AM one morning by a user from Sweden. Next week, the fan wired $500 000 to Evernote and basically saved the company from bankruptcy. Evernote is perhaps the single most persistent program I have open on my computer each day.
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By LAURA LOREK Reporter with Silicon Hills News CoinTerra, once recognized as one of Austin’s fastest growing startups, has filed for Chapter 7 liquidation bankruptcy. The Austin-based bitcoin machine manufacturer filed for bankruptcy in Austin on Jan. “The move comes soon after CoinTerra […] The post Austin-based CoinTerra Files for Bankruptcy appeared first on SiliconHills.
Inc Startups
JULY 19, 2013
Yesterday, culminating in a months-long decision process , the city filed for Chapter 9 bankruptcy. So if you think the city''s bankruptcy makes Detroit a bad place to start and run a business--you''d be forgiven. You say filing for bankruptcy was the right decision.
Inc Startups
AUGUST 5, 2014
These companies nearly lost everything--and emerged stronger than ever
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JUNE 16, 2015
How do you turn around a legendary gun-maker brand in bankruptcy? Colt Defense, the storied American weapons maker whose innovations include the 1911 pistol and the M16, filed for bankruptcy earlier this week.
Chaganomics
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Just in case.Link below - Chapter 15 - Bankruptcy Basics Ancillary and Other Cross-Border Cases Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. domestic adoption of the Model Law on Cross-Border Insolvency promulgated by the United Nations Commission on International Trade Law ("UNCITRAL") in 1997, and it replaces section 304 of the Bankruptcy Code. bankruptcy estate.
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DRYS Bankruptcy DryShips Yet again, DryShips, Inc. slippery deck CEO Mr. Economou.may be running a scam.
Chaganomics
MARCH 29, 2015
More than two years and 10 months after LightSquared filed for bankruptcy protection, Judge Shelley Chapman confirmed its latest plan of reorganization, which pays off Charlie Ergen’s interests in cash and gives ownership of the remaining company to investors such as Centerbridge and Fortress. In her other major telecom bankruptcy, Judge Chapman also approved the sale of NII Holdings’ Mexican assets to Cingular this week.
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MARCH 2, 2015
What small businesses can do to avoid a similar fate
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