The fashion retailer Express Inc. (OTC:EXPR) has filed for Chapter 11 bankruptcy and is planning to close more than 100 stores. According to a Reuters report, the company started in 1980 and company operates about 530 Express retail and Express Factory Outlet stores,...
The discount retail chain 99 Cents Only Store LLC is considering a bankruptcy filing. According to a Bloomberg report, the company has been unable to offload assets and is weighing either bankruptcy, debt restructuring or an out-of-court agreement. The company is in...
A federal bankruptcy court in West Virginia has scheduled a hearing for the possible sale of a defunct university’s campus. The Associated Press reported a court-appointed trustee filed a motion to sell the land and assets once belonging to Alderson Broaddus...
An Austrian real estate company that owns a stake in New York City’s Chrysler Building may have to sell its holding in the iconic skyscraper as part of a bankruptcy restructuring. The Wall Street Journal reported an Austrian court-appointed insolvency administrator of...
PREIT (OTCQB:PRET), a Philadelphia-headquartered operator of shopping centers in the mid-Atlantic region, has filed for Chapter 11 bankruptcy for the second time in three years. The company announced it is carrying approximately $880 million in total indebtedness and...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
