Chapter 11 Bankruptcy

Forever 21 Files for Chapter 11 Bankruptcy, Declares Decisive Step to a Successful Track in the Future

Mon Sep 30, 2019 11:17 am Cardinal News

Forever 21, a Los Angeles-based fast fashion retailer for teen shoppers, announced on September 29, 2019 that the privately-held company was filing for Chapter 11 bankruptcy protection, and that the company was ceasing operations in […]

Toys “R” Us Considering Closing All of its Stores, According to Industry Reports

Sat Mar 10, 2018 11:26 am Cardinal News

According to the Wall Street Journal, the store is preparing to abandon efforts at restructuring after filing for Chapter 11 bankruptcy in September, and will liquidate all of its stores. The Wall Street Journal reports […]

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