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TheStreet on MSN.com · 6d

Fan favorite retail chain nears end after Chapter 11 bankruptcy

A bankruptcy filing does not always mean that a company not longer has a following. In recent years, you can blame leveraged buyouts for many retail bankruptcies. Related: Another popular pizza chain files Chapter 11 bankruptcy That’s when the acquiring company uses the assets and resources of the company,
Icon for www.law.comLaw · 24d

A Primer on Chapter 11 Trustees & Examiners

A debtor that files for Chapter 11 is referred to as a “debtor in possession.” Bankruptcy Code section 1107 empowers a debtor with the rights and powers of a trustee. A debtor in possession ...