Chapter 11

After filing for protection under Chapter 11 of the bankruptcy law, ailing electronics retailer RadioShack is set to take out an interim bankruptcy loan, sell a number of its stores, and pay certain of its key insiders and employees a healthy parting bonus. After almost a century in business, [...]

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Chapter 11

As we discussed in an earlier blog post, well known electronics retail chain RadioShack’s bankruptcy filing is coming to fruition. After reporting losses in each of the last 11 quarters and coming dangerously close to running out of cash, RadioShack was hoping to file for protection under [...]

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Uncategorized

Chicago-area chain HomeMade Pizza filed for protection under Chapter 7 of the bankruptcy law last month. The fresh foods chain filed its Chapter 7 petition Dec. 3, listing assets between $10,000 and $50,000 and liabilities of about $11.2 million, according to Crain’s Chicago Business. [...]

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