Forever 21 files for bankruptcy, adding to retail apocalypse

Business Sep 30, 2019

Forever 21 files for bankruptcy, adding to retail apocalypse

Forever 21 Inc. has filed for bankruptcy protection, adding another big fashion merchant to the tally of retailers who couldn't cope with high rents and heavy competition. Court papers filed in the Bankruptcy Court for the District of Delaware show Forever 21 has estimated liabilities ...

Titanic shipyard Harland and Wolff to file for insolvency

Business Aug 6, 2019

Titanic shipyard Harland and Wolff to file for insolvency

Harland and Wolff, the Belfast shipyard that built the Titanic, was put into administration on Monday after its bankrupt Norwegian owner failed to find a buyer and calls for its nationalization were rebuffed. The shipyard, whose towering yellow cranes dominate the Northern Irish city's skyline, ...

More Sports / Football Apr 18, 2019

Startup Alliance of American Football files for bankruptcy

The Alliance of American Football, the upstart league that abruptly folded midway through its first season, filed for bankruptcy after failing to secure a partnership with the NFL. Legendary Field Exhibitions LLC, the parent of the eight-team league, listed liabilities of $48.4 million and $11.4 ...