Iconic Brand Once Sold at Home Parties May File For Bankruptcy
The brand has been around for nearly 80 years!
Bankruptcy
Belk Files for Chapter 11 Bankruptcy
The company announced yesterday that it has entered into a “Restructuring Support Agreement (RSA) with its majority owner.”
iHeartMedia Defaults on 20.6 Billion Loan, Self-Imposed Bankruptcy
It's 1,700 pages of litigation between iHeartMedia Inc. and a group of its investors, that want their money back. iHeart has technically defaulted on its debt, while continuing to do business as normal.
According to the San Antonio Express, the San Antonio operated iHeartMedia “could ultimately force iHeart to file for bankruptcy,” the company said in its lawsuit filed in state district court...