The parent company of Los Angeles’s iconic Roscoe’s House of Chicken and Waffles restaurants has filed for bankruptcy protection, owing more than $3 million to an ex-employee who said he was a target of racial discrimination and sexual harassment. Read More »
Bankruptcy Beat
An inside look at companies in trouble from Daily Bankruptcy Review
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Maker of ‘Smart’ Basketball Files for Bankruptcy Protection
The Massachusetts start-up behind the 94Fifty Smart Sensor Basketball, which is advertised as the world’s first smart basketball whose sensors transmit ball-handling data to a smartphone, filed for bankruptcy after running low on money. Read More »
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Molycorp Warns of Unpaid Debts if Pushed to Liquidate
Molycorp lays out financial estimates to creditors, a failed golf network filed for bankruptcy, and Siga will disclose the impact of a courtroom loss. Read More »
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Failed Golf Channel Back9Network Files for Bankruptcy
A golf channel that briefly aired to DirecTV subscribers before shutting down in February has filed for bankruptcy with a $2 million offer for a small piece of its operations: a smartphone app that mapped out more than 35,000 golf courses around the world. Read More »
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David Hasselhoff-Endorsed Start-up Enters Bankruptcy
This week on The Broke and the Beautiful, a home-services start-up endorsed by The Hoff filed for bankruptcy, and an executive who helped re-pitch the concept for “Survivor” after it was snubbed by major networks is fighting for profits. Also, “Dance Moms” star Abby Lee Miller might be missing from a few episodes, and “Gossip Girl” star Kelly Rutherford won’t have custody of her kids. Read More »
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Battle for ‘Survivor’ Profits Ends up in Bankruptcy Court
A television executive who said he helped Emmy Award-winning producer Mark Burnett re-pitch the concept for “Survivor” after major networks snubbed it is fighting to collect millions of dollars of the reality show’s profits.
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Home-Services Startup Homejoy Files for Bankruptcy
- David Hasselhoff shows off the Homejoy cleaning service in March.
- Cindy Ord/Getty Images
Homejoy Inc., a house cleaning and repairs start-up that hired David Hasselhoff to star in a commercial, has filed for chapter 11 bankruptcy. Read More »
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Colt Defense Wins Chapter 11 Plan Confirmation
Gun maker Colt won approval of its bankruptcy plan, Bankruptcy Beat takes on rising interest rates’ effect on restructuring, and a New York newspaper chain filed for bankruptcy. Read More »
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Western New York Newspaper Chain Files for Bankruptcy
A chain of 24 local newspapers across western New York filed for bankruptcy protection on Tuesday, blaming last year’s mega-snowstorm that dumped more than seven feet of snow on the smaller towns that the publications cover. Read More »
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Magnum Hunter Resources Enters Bankruptcy
Oil and gas company Magnum Hunter Resources filed for bankruptcy. Also, drug-testing company Millennium Health won approval of it’s chapter 11 plan, though it was challenged, and an amendment to the Depression-era Trust Indenture Act was pulled. Read More »
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About Bankruptcy Beat
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From Dow Jones Daily Bankruptcy Review, exclusive coverage of corporate bankruptcies, companies headed for trouble and the latest trends in bankruptcy law, distressed investing and corporate restructuring. Lead writer Pat Fitzgerald and Daily Bankruptcy Review reporters in Washington, New York and Wilmington, Del., provide insight into the big cases, who’s next to fall and what’s making news across the bankruptcy market.
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