Vice Media files for Bankruptcy; Latest Digital Media Setback
Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise.
Bankruptcy
8 ON YOUR SIDE: Tuesday Morning Closing All Stores
Tuesday Morning, the discount home goods retailer, has announced that it is closing all stores after filing for Chapter 11 bankruptcy protection earlier this year.
Bed Bath & Beyond Files for Bankruptcy, Plans to Close All Stores
In the bankruptcy filing, Bed Bath and Beyond said it anticipates closing all of its stores by June 30.
Belk Says It Will File for Chapter 11 Bankruptcy
North Carolina-based department store chain Belk says it will file for Chapter 11 bankruptcy. In our area, the company has stores in Montgomery, Prattville, Selma and Auburn. The Charlotte Observer reports that private equity firm Sycamore Partners made the announcement today. The firm owns Belk and says it will continue with “normal operations” as it goes through bankruptcy. Sycamore Partners…
Boy Scouts May File for Bankruptcy
Multiple lawsuits cited.
“The Boy Scouts has hired law firm Sidley Austin to explore a potential chapter 11 bankruptcy filing, according to The Wall Street Journal. Seeking protection from its debts would stop multiple lawsuits over alleged sexual abuse by Boy Scout workers and volunteers going back decades, while giving the organization space to negotiate with those who sued, according to the newspaper.”…
