Discussion 7: Bankruptcies

Research a recent Chapter 11 corporate bankruptcy.

1. Summarize the reasons for the bankruptcy, whether the company is out of bankruptcy, and the results of the bankruptcy. What are your thoughts on the bankruptcy?

2. Comment on the findings of two classmates.

Make it a substantive conversation. Also, before you do your research, take a look at what your classmates have already posted and try to pick a different bankruptcy. 

HAVE CHOOSEN BY CLASSMATES:

The company I chose was General Motors who filed for bankruptcy on June 1, 2009

The company I chose was Mattress Firm.

A Mexican restaurant chain, Carlos Miguel’s, filed for chapter 11 bankruptcy.

The company I chose was Claire’s.

I chose The Great American & Pacific tea Company (A&P)

Delta Airlines filed for chapter 11 bankruptcy towards the end of 2005.

The company that I chose was Remington

The company I chose was Chrysler who filed chapter 11 bankruptcy in April of 2009.

Recently one of the oldest  coal company’s in the US has recently filed for bankruptcy.

The company I chose to research was Nine West

The company I chose was Kiko USA

Rue 21 filed for bankruptcy in May of 2017

The company I chose was Toys R Us

The company I chose was “Herb” Philipson’s Army and Navy Stores, Inc

The company I chose is Toys R Us

The company I choose was Sears who who is filing Chapter 11 bankruptcy on the month of October.