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Tag: bankruptcy

Rudy Giuliani’s Bankruptcy Case Thrown Out By Federal Judge

Former Republican Mayor of New York City Rudy Giuliani’s bankruptcy filing was rejected by a federal judge Friday, clearing the way for his effort to collect a $150 million judgment. Giuliani initially filed for bankruptcy in December after a judgment was entered in favor of Georgia election officials Ruby Freeman and Wondrea Arshay Moss. In […]

Rudy Giuliani Abruptly Agrees To Withdraw Bankruptcy Case Moments Before Hearing

Rudy Giuliani suddenly agreed to withdraw his bankruptcy filing just before his trial on Wednesday, Law & Crime reported. Giuliani’s bankruptcy proceedings reversed course during a hearing on Wednesday, which resulted in the dismissal of his Chapter 11 bankruptcy reorganization. Giuliani had initially sought conversion to Chapter 7, which would have allowed him to liquidate […]

Home-improvement chain LL Flooring mulls bankruptcy: report

A major U.S. flooring supplier with more than 400 stores that was exposed in 2015 by “60 Minutes” for using unsafe materials is reportedly considering a possible bankruptcy filing. LL Flooring Holdings, formerly Lumber Liquidators, is likely to file within the next few weeks. A source told Bloomberg.The company is the latest to be buffeted […]

Big Lots to close stores, may file for bankruptcy

Discount home goods retailer Big Lots said it plans to close more stores this year and may face permanent closures, becoming the latest major chain to face financial collapse as inflation-hit shoppers cut back on spending. The Ohio-based company operates approximately 1,400 stores nationwide. June SEC filings The company said it plans to close 35 […]

Mod Pizza chain could soon be filing for bankruptcy: report

Popular fast-casual pizza chain Mod Pizza may soon follow several other well-known US restaurants into filing for bankruptcy, according to a new report. The company, which has operations in 28 states, is preparing to file for bankruptcy and could seek court protection as early as next week, the people said. He told Bloomberg Wednesday. But […]

Redbox DVD rental parent company files for bankruptcy

See what’s clicking on FoxBusiness.com Chicken Soup for the Soul Entertainment (CSSE) has filed for bankruptcy nearly two years after acquiring DVD rental company Redbox. CSSE, the ad-supported video-on-demand streaming service that also owns Crackle, disclosed in a Delaware filing that it owes nearly $1 billion to more than 500 creditors, including Walmart, Walgreens and […]

Wife of Raiders coach Antonio Pierce files for bankruptcy

Raiders head coach Antonio Pierce was named in his wife’s bankruptcy filing in Phoenix on June 12 and is listed as a surety on a judgment of more than $28 million. Pierce, whom the Raiders hired in January as the team’s full-time head coach, invested millions of dollars in a car dealership that the couple […]