Content about Chapter 11, Title 11, United States Code

June 17, 2013
Orchard Supply files for bankruptcy; Lowe's buying assets

Orchard Supply Hardware Stores Corp. is filing for Chapter 11 bankruptcy. As part of the filing, Orchard Supply has reached an agreement for Lowe’s to purchase acquire the majority of its assets for $205 million in cash, plus the assumption of payables owed to nearly all of Orchard’s supplier partners.

January 8, 2013
Owner of Mandee and Annie Sez files Chapter 11, citing impact of Superstore Sandy

Big M Inc., which operates Mandee and Annie Sez stores, has filed for Chapter 11 bankruptcy protection.

September 12, 2012
Piccadilly Restaurants files for bankruptcy

Cafeteria-style restaurant chain Piccadilly Restaurants filed for Chapter 11 bankruptcy protection on Friday, citing a breakdown in talks with its lender Atalaya Capital Management.

September 12, 2012
Ritz Camera to go out of business

Ritz Camera & Image LLC plans to go out of business after 94 years and close its remaining 137 stores after it failed in a bankruptcy auction to find a buyer to keep the camera chain afloat, the Chicago Tribune reported.

August 21, 2012
Mark Shale files for Chapter 11 bankruptcy protection

Chicago high-end fashion retailer Mark Shale said it has filed for reorganization bankruptcy.

June 26, 2012
Ritz Camera files for bankruptcy; to close 128 stores

Ritz Camera & Image has filed for Chapter 11 bankruptcy protection.

March 14, 2012
A&P emerges from bankruptcy

Grocer The Great Atlantic & Pacific Tea Co. Inc. said Tuesday it has emerged from Chapter 11 bankruptcy protection as a private company.

February 23, 2012
Bankruptcies Key to Chain Retailers Overcoming ‘The Squeeze’

By Dave Spargo, Huntley, Mullaney, Spargo & Sullivan

February 1, 2012
United Retail files bankruptcy, to sell company

United Retail Group Inc. announced that it has filed for Chapter 11 bankruptcy court protection as it looks to sell itself to private-equity firm Versa Capital Management.

January 25, 2012
Judge approves A&P bankruptcy exit financing

The judge in the Great Atlantic & Pacific Tea Company’s Chapter 11 bankruptcy case on Tuesday approved a $750 million exit financing plan for the supermarket operator.

November 8, 2011
Syms Corp. stock to be delisted

Syms Corp. said that its stock will be delisted as of November 15, 2011 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the company’s securities from listing and registration on the Nasdaq.

November 4, 2011
A&P to emerge from bankruptcy in 2012

The Great Atlantic & Pacific Tea Co. said Friday that it has secured a $490 million financing package from Ron Burkle’s Yucaipa Cos., Mount Kellett Capital Management and investment funds managed by Goldman Sachs.

November 2, 2011
Syms, Filene’s Basement file for bankruptcy, plan to liquidate

Syms Corp. and its Filene’s Basement subsidiary said that they have filed for Chapter 11 bankruptcy and will liquidate all stores and assets over the coming several months.

August 23, 2011
Andronico’s files Chapter 11

Andronico's Community Markets has filed for Chapter 11 bankruptcy protection.

August 4, 2011
A&P seeks more time to submit reorganization plan

The Great Atlantic & Pacific Tea Company (A&P) has asked U.S. Bankruptcy Court in White Plains, N.Y., for a second extension of its deadline to submit an exclusive plan of reorganization to its creditors.

July 14, 2011
Report: Borders deal on verge of collapse

Najafi Cos., the private equity firm that tentatively agreed to purchase bankrupt Borders Group, is is reportedly no longer interested in Borders unless its conditions are met, The Wall Street Journal reported.

March 28, 2011
Harry & David files for bankruptcy

Harry & David Holdings filed for Chapter 11 bankruptcy protection on Monday, according to a filing.

March 25, 2011
Report: Borders plans to pay $8.3 million in bonuses

Borders Group, which filed Chapter 11 bankruptcy in February and has announced plans to close about a third of its stores, said it plans to pay key employees as much as $8.3 million in incentives and retention bonuses, Bloomberg reported.

March 3, 2011
Creditors object to Blockbuster’s plan to sell itself

Some landlords, vendors and other unsecured creditors of Blockbuster are objecting to Blockbuster's plan to sell itself because they fear they won't be paid what they are owed, according to the Associated Press.

February 16, 2011
Borders files for Chapter 11

Borders Group filed for Chapter 11 bankruptcy on Wednesday.

January 21, 2011
Blockbuster wins another extension for filing Chapter 11 plan

After filing for Chapter 11 reorganization bankruptcy in September, then winning an extension until Feb. 4 to file its restructuring plan to emerge from bankruptcy, Blockbuster now has until March 21 to file the plan and until May 20 to round up enough votes among its creditors for approval.

January 18, 2011
Blockbuster gets extension for restructuring plan

Blockbuster has received an extension to Feb. 4 to file its restructuring plan in order to emerge from bankruptcy protection, according to a regulatory filing with the Securities and Exchange Commission,

December 20, 2010
Blockbuster to close 182 stores by early 2011

Blockbuster said in a Friday filing that it plans to close 182 stores in the next few months as part of the movie rental company’s move to get its business back in shape in bankruptcy court.

December 3, 2010
Loehmann's files reorganization bankruptcy plan, must seek asset sale

Loehmann's Holdings filed a Chapter 11 reorganization plan that includes a stock-rights offering backed by its Dubai-based owner, according to a Friday report by Bloomberg.

November 16, 2010
Loehmann’s files Chapter 11

Loehmann’s on Monday filed for bankruptcy.

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