Another high profile bankruptcy made news this month when the company that produced the infamous Girls Gone Wild video series filed for Chapter 11 bankruptcy protection. According to reports, the move comes in an attempt to prevent Wynn Resort from going after its assets. Reports indicate that GGW founder Joe Francis owes millions of dollars to […]
“Girls Gone Wild” Company Files for Chapter 11 Protection Read More »
Storied American imaging and photographic equipment company Eastman Kodak has agreed to sell over 1,000 patents related to digital imaging as part of deal to receive $830 million in financing. While the plan is still subject to approval by a United State bankruptcy judge, the plan calls for Kodak to sell the patents to companies
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By now you’ve likely heard that Hostess, the maker of such iconic snack cakes as Twinkies and Ho Hos, has filed for Chapter 7 bankruptcy. But before you go out and clear the shelves of your favorite treat, a closer look at what is going on with the embattled company is in order. Hostess is
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