Corporate bankruptcy

A crane operator works equipment on a roadway near Barneys department store, Tuesday July 16, 2019, in New York. The luxury retailer could be joining a growing list of retailers that have filed for bankruptcy. (AP Photo/Bebeto Matthews)
July 16, 2019 - 4:15 pm
NEW YORK (AP) — Barneys New York may soon join the ever lengthening list of retail stores seeking protection in bankruptcy. The luxury clothing company, faced with high rents and a shifting consumer landscape, is evaluating options that may include a bankruptcy filing. That's according to a source...
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July 07, 2019 - 11:58 pm
GILLETTE, Wyo. (AP) — Wyoming coal workers who were locked out of their jobs after a company filed for bankruptcy protection are wondering whether they'll ever be called back to work. The West Virginia-based Blackjewel LLC has 580 employees at two open-pit mines in northeastern Wyoming, Eagle Butte...
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This photo shows the entrance to Eagle Butte mine seen taped in Gillette, Wyo., Tuesday, July 2, 2019. The CEO of one of the nation's largest coal producers says he's confident the company will bounce back despite the shutdown of several mines after it filed for federal bankruptcy protection. (Josh Galemore/The Casper Star-Tribune via AP)
July 02, 2019 - 6:56 pm
CHARLESTON, W.Va. (AP) — The CEO of one of the nation's largest coal producers says he's confident the company will bounce back despite the shutdown of several mines after it filed for federal bankruptcy protection. Milton-based Blackjewel LLC filed for Chapter 11 bankruptcy protection Monday in U...
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FILE - This Dec. 16, 2017 file photo provided by the Santa Barbara County Fire Department shows flames burning near power lines in Montecito, Calif. Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy, and give the tarnished company a new name. The Sacramento Bee reports the proposal filed Tuesday, June 25, 2019 in U.S. Bankruptcy Court would set aside up to $18 billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment. The plan would rebrand PG&E as Golden State Power Light & Gas Company. (Mike Eliason/Santa Barbara County Fire Department via AP, File)
June 25, 2019 - 5:45 pm
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a $30 billion plan to pull the utility out of bankruptcy and give the tarnished company a new name. The proposal filed in U.S. Bankruptcy Court would set aside up to $18 billion of that $30 billion to pay claims...
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June 11, 2019 - 7:15 am
CHAPIN, S.C. (AP) — A South Carolina gun and sporting goods distributor is filing for bankruptcy amid allegations of mishandled funds borrowed by its majority owner. News outlets report Ellett Brothers has its first hearing in bankruptcy court on Tuesday. Lending company Prospect Capital...
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FILE - In this Dec. 16, 2017, file photo provided by the Santa Barbara County Fire Department, flames burn near power lines in Sycamore Canyon near West Mountain Drive in Montecito, Calif. Pacific Gas & Electric Corp. has received approval to establish a $105 million fund to help survivors of recent California wildfires started by the utility's power lines. A federal judge overseeing PG&E's bankruptcy case approved the utility's "wildfire assistance program" on Wednesday, May 22, 2019. (Mike Eliason/Santa Barbara County Fire Department via AP, File)
May 22, 2019 - 7:53 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric Corp. received approval Wednesday to establish a $105 million fund to help survivors of recent California wildfires started by the utility's equipment. A federal judge overseeing PG&E's bankruptcy case approved the utility's wildfire assistance...
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May 22, 2019 - 7:34 pm
READING, Pa. (AP) — A federal bankruptcy judge on Wednesday approved the sale of the 150-year-old Reading Eagle to a publisher known for its aggressive cost-cutting. MediaNews Group, better known as Digital First Media, offered $5 million for the assets of the Reading Eagle Co., which filed for...
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May 10, 2019 - 6:24 pm
GILLETTE, Wyo. (AP) — The nation's third-largest coal company by production volume filed for bankruptcy Friday as utility companies increasingly turn to gas-fired generation and renewable energy for electricity. Gillette-based Cloud Peak Energy filed for Chapter 11 reorganization in U.S. Bankruptcy...
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FILE - In this July 31, 2005 file photo, Boy Scouts salute as they recite the Pledge of Allegiance during the Boy Scout Jamboree in Bowling Green, Va. In 2019, financial threats to the Boy Scouts have intensified as multiple states consider adjusting their statute-of-limitations laws so that victims of long-ago child sex-abuse have a chance to seek redress in the courts. (AP Photo/ Haraz N. Ghanbari)
April 24, 2019 - 7:09 am
NEW YORK (AP) — The lawyers' ads on the internet aggressively seeking clients to file sexual abuse lawsuits give a taste of what lies ahead this year for the Boy Scouts of America: potentially the most fateful chapter in its 109-year history. Sexual abuse settlements have already strained the Boy...
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FILE - In this Jan. 31, 2018, file photo, Tony Rodio, president of Tropicana Entertainment speaks during an interview with the Associated Press in Atlantic City, N.J. Casino giant Caesars Entertainment has appointed a veteran of the gambling industry as its new CEO. The Las Vegas-based company named Rodio as its new leader to replace Mark Frissora, who joined Caesars in 2015 and guided it through bankruptcy reorganization. (AP Photo/Wayne Parry, File)
April 16, 2019 - 10:39 am
NEW YORK (AP) — Caesars Entertainment is appointing a veteran of the Las Vegas Strip as its new chief executive. The casino giant named Tony Rodio as CEO Tuesday. He'll replace Mark Frissora, who guided the company through bankruptcy reorganization after joining Caesars in 2015. The change in...
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