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Recent "bankruptcy" Stories, Video and Galleries

  • Detroit's emergency financial manager filed a plan Friday that would bring the city out of bankruptcy.
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detroit, michigan, bankruptcy, national/world
  • Detroit is eligible to shed billions in debt in the largest public bankruptcy in U.S. history, a judge said Tuesday.
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detroit, bankruptcy, national/world
  • A federal judge in New York has tossed rapper DMX's bankruptcy filing, making him fair game for creditors.
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bankruptcy, new york, entertainment
  • New A.C. casino hotel geared toward low rollers
  • The struggling Atlantic City casino market reached a dubious milestone this week: Half of its 12 casinos have filed for bankruptcy protection in the past six years.
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new jersey news, atlantic city news, atlantic county news, casinos, gambling, bankruptcy, local/state
  • A federal judge agreed with Detroit on Wednesday and stopped any lawsuits challenging the city's bankruptcy.
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detroit, bankruptcy, national/world
  • At the height of its industrial power, Detroit was an irrepressible engine of the American economy, offering well-paying jobs, a gateway to the middle class for generations of autoworkers and affordable vehicles that put the world on wheels.
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detroit, bankruptcy, national/world
  • A light standard rests at the dilapidated entrance to city hall Tuesday, June 26, 2012, in Stockton, Calif.
  • A judge accepted the California city of Stockton's bankruptcy application on Monday, making it the most populous city in the nation to enter bankruptcy.
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california, bankruptcy, national/world
  • After 19 months of seclusion, Casey Anthony emerged into the public spotlight once again on Monday for a meeting with creditors in her bankruptcy case.
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florida, casey anthony, bankruptcy, trial, national/world
  • The company behind the "Girls Gone Wild" video empire has filed for bankruptcy in a move it says is an effort to restructure its legal affairs after several disputed court judgments.
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bankruptcy, entertainment
  • From the day it opened last April, Revel insisted it was a different kind of casino.
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new jersey, bankruptcy, casinos, atlantic city, atlantic county, local/state
  • Click play to watch the report from Action News
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atlantic city, new jersey, bankruptcy, casinos, atlantic county, local/state
  • Casey Anthony
  • Casey Anthony filed for bankruptcy in Florida on Friday, claiming about $1,100 in assets and $792,000 in liabilities.
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casey anthony, florida, bankruptcy, national/world
  • Casey Anthony
  • Click play to watch the report from Action News
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bankruptcy, casey anthony, florida, national/world
  • American Airlines is sending layoff warning notices to more than 11,000 employees although it expects job losses to be closer to 4,400.
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air travel, bankruptcy, american airlines, business/finance
  • Kodak is reshuffling some executives and continuing to cut jobs as the pioneering photography company tries to emerge from bankruptcy protection.
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kodak, bankruptcy, business/finance
  • Action News
  • They cut spending, sold assets and even asked public employees to take a financial hit.
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california, bankruptcy, national/world
  • Stockton City Hall
  • In opting to become the nation's largest city to seek federal bankruptcy protection, Stockton took a rare financial step of last resort after struggling with the economic downturn, soaring pension costs and contractual obligations.
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california, bankruptcy, business/finance
  • The U.S. government is hoping that Monday's bankruptcy filing by Ally Financial Inc.'s troubled mortgage business will help the company repay its government bailout faster.
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bankruptcy, business/finance
  • A Delaware bankruptcy judge has signed off on the Tribune Co.'s latest reorganization plan and a process for creditors to vote on it.
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bankruptcy, business/finance
  • Twinkies
  • Hostess Brands says it named a new CEO to steer the company through its Chapter 11 bankruptcy reorganization.
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bankruptcy, business/finance
  • Lehman Brothers
  • Lehman Brothers, the investment bank that failed at the depths of the financial crisis, says it will sell the last of its assets starting in April.
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banking, bankruptcy, business/finance
  • On The Red Carpet Arrivals
  • The owner of Hollywood's Kodak Theatre is challenging bankrupt Eastman Kodak Co.'s effort to end its sponsorship agreement and have the company's name removed from the Academy Awards venue.
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kodak, oscars, bankruptcy, business/finance
  • Gary Busey appears on The Celebrity Apprentice in 2011.
  • Court records show Gary Busey has filed for bankruptcy and is listing more than $500,000 in estimated personal debts.
Tags:
bankruptcy, entertainment
  • Harrisburg
  • The state official in charge of figuring out how fix an enormous financial shortfall in Pennsylvania's capital city says the city could still end up in bankruptcy court if there's no agreement on a solution.
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harrisburg, pennsylvania, bankruptcy, business/finance
  • The parent of American Airlines wants to eliminate about 13,000 jobs - 15 percent of its workforce - as the nation's third-biggest airline remakes itself under bankruptcy protection.
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american airlines, air travel, air fare, bankruptcy, unemployment, business/finance
  • Pa. earns a high rank for bringing jobs back into the U.S.
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6at4, stock market, economy, bankruptcy, food, amazon.com, president barack obama, unemployment, business/finance
  • Click for the latest on Insourcing jobs, Amazon, Hostess
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6at4, stock market, economy, bankruptcy, food, amazon.com, president barack obama, unemployment, business/finance
  • Twinkies
  • Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is filing for bankruptcy protection, blaming troubles with its pension and medical benefits obligations, increased competition and tough economic conditions.
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bankruptcy, business/finance
  • The legal fight between Harrisburg's mayor and city council over the cash-strapped capital's finances has already cost taxpayers more than $350,000.
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harrisburg, pennsylvania, bankruptcy, local/state
  • How will Saab's bankruptcy affect the brand's owners? Plus a new way to say goodbye to ATM fees.
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bankruptcy, money, consumer news, nydia han
  • Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Motors Co. blocked takeover attempts by Chinese investors.
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saab, bankruptcy, china, national/world
  • The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago.
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texas, bankruptcy, american airlines, national/world
  • Harrisburg
  • Having freshly signed a bill aimed at giving him unprecedented power to take control of the finances in Pennsylvania's capital, Gov. Tom Corbett expects to declare a fiscal emergency in Harrisburg soon.
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harrisburg, pennsylvania, bankruptcy, local/state
  • Harrisburg
  • Pennsylvania's distressed capital city filed for bankruptcy Wednesday, citing "imminent jeopardy" from lawsuits related to a debt-saddled municipal incinerator and setting up a power struggle between the mayor and City Council.
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harrisburg, pennsylvania, bankruptcy, business/finance
  • Harrisburg
  • Pennsylvania's financially distressed capital city is seeking Chapter 9 bankruptcy, citing overwhelming debt.
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pennsylvania, harrisburg, bankruptcy, local/state
  • The parent of the Friendly's restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and said that it has already closed 63 of its stores. Each store employed about 20 people, so about 1,260 jobs were lost.
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bankruptcy, business/finance
  • Borders Group is beginning liquidation sales at all of its 399 stores.
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bankruptcy, business/finance
  • Borders Group is beginning liquidation sales at all of its 399 stores.
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new york, bankruptcy, business/finance
  • There will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday.
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new york city, bankruptcy, business/finance
  • Borders Group is teetering on liquidation after an offer from a private-equity investor disintegrated.
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new york city, bankruptcy, business/finance
  • Tribune Co. and some of its creditors are seeking a judge's approval of a plan that would allow the company to emerge from bankruptcy protection.
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bankruptcy, business/finance
  • Dodgers
  • The Los Angeles Dodgers have filed for bankruptcy protection in a Delaware court.
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los angeles dodgers, bankruptcy, sports
  • Philadelphia Orchestra
  • The Philadelphia Orchestra announced major gifts and pledges toward its effort to get on solid financial footing.
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philadelphia, pennsylvania, philadelphia orchestra, bankruptcy, business/finance
  • Restaurant owner Perkins & Marie Callender's Inc. on Monday filed for Chapter 11 bankruptcy protection, brought down by tough competition, the weak economy and rising food costs.
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bankruptcy, business/finance
  • Borders Group says it may have to close dozens of its best-performing stores.
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new york, bankruptcy, business/finance
  • The Philadelphia Orchestra is kicking off a new campaign to raise awareness and money for the financially troubled ensemble.
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philadelphia, pennsylvania, philadelphia orchestra, bankruptcy, local/state
  • A trustee for bankrupt retailers Movie Gallery and Hollywood Video reached an agreement Thursday with all 50 states over how the defunct company collects late fees and other charges from its former customers.
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bankruptcy, business/finance
  • The musicians known as the Fabulous Philadelphians are feeling more drab than fab about their management these days.
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philadelphia, pennsylvania, philadelphia orchestra, bankruptcy, local/state
  • A federal judge says the Philadelphia Orchestra can continue paying its musicians while it works to emerge from bankruptcy.
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philadelphia, pennsylvania, philadelphia orchestra, bankruptcy, local/state
  • Lenny Dykstra
  • Lenny Dykstra, a former outfielder for the Philadelphia Phillies, was arrested Thursday in California on bankruptcy fraud charges.
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philadelphia phillies, california, los angeles, bankruptcy, fraud, sports