This case involves a house very near to these in Newport Beach, California getty Orange County, California, attorney Michael Anthony Younge represented his client, Surat Singh, in about a dozen transactions since 1994. A decade later, in 2004, Singh purchased a residential property in Newport Beach by way of a loan that was serviced by …
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Get ready for a boom—in bankruptcies. “We are seeing an acceleration in bankruptcies that is unprecedented,” said James Hammond, CEO of New Generation Research which runs BankruptcyData. For 2020, he says, “I’m pretty …
Chesapeake Energy Corp., the archetype for America’s extraordinary shale-gas fortunes, filed for bankruptcy, becoming one of the biggest victims of a spectacular collapse in energy demand from the virus-induced global lockdown. The Oklahoma City-based company filed for Chapter 11 protection from creditors in U.S. Bankruptcy Court in the Southern District of Texas on Sunday, listing …
Fracking pioneer Chesapeake Energy files for bankruptcy Read More »
June 24, 2020 10 min read This story originally appeared on Business Insider GNC filed for Chapter 11 bankruptcy protection on Tuesday night, announcing that it expects to close between 800 and 1,200 stores while on the hunt for a buyer for its business. In a letter to shoppers, GNC said the COVID-19 pandemic \created a situation where …
GNC Is Closing 248 Stores After Filing for Bankruptcy. Here\’s the Full List. Read More »
Add GNC to the list of retailers too fragile to withstand the stress on their business from the COVID-19 pandemic. GNC’s parent company, GNC Holdings Inc., filed for Chapter 11 bankruptcy protection late Tuesday, and the health and wellness retailer said it plans to close “at least 800 to 1,200 stores,” or approximately a quarter of …
GNC is the latest retailer to file for bankruptcy, closing up to 1,200 stores Read More »
