Bankruptcy Protection

In a last-minute announcement, Chicago-based Calumet Photographic announced that it was filing for protection under Chapter 7 of the bankruptcy law on March 12, according to The Wall Street Journal. The chain announced its plan to liquidate “with a heavy heart” on Facebook, saying [...]

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Bankruptcy Law

In another fast food retailer bankruptcy, pizza chain Sbarro is preparing to file for protection under Chapter 11 of the bankruptcy law, according to The Wall Street Journal. The company is in the process of soliciting votes for a pre-packaged restructuring plan, and could file by as early as [...]

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