The embattled consumer electronics company is asking for a court approval to shutter 14 of its stores in Long Island in April, based on documents filed. RadioShack, founded in Texas in 1921, filed a Chapter 11 bankruptcy petition again after emerging from its first bankruptcy in 2015. The company is hoping that by March 28 […]

{ 0 comments }

An ex-top doctor whose list of patients included actress Suzanne Summers and New York Gov. George Pataki has declared bankruptcy, blaming his ex-wife for his financial problems. According to Dr. Eric Braverman, who specializes in anti-aging treatments, he was successful for many years. He founded the Park Avenue Path Medical Center, his court filing showed. […]

{ 0 comments }

Gander Mountain, one of the top outdoor retailers in the United States, filed for Chapter 11 bankruptcy protection on March 11, 2017. The retailer, which is based in Saint Paul, Minnesota, earlier addressed bankruptcy rumors by saying that it is making a move to preserve the company’s value. Gander pinned its economic woes to shifts […]

{ 0 comments }

Sungevity has found a buyer for its leftover assets. Private equity firm Northern Pacific Group wants to buy the solar electricity business. Sungevity filed for Chapter 11 bankruptcy in March and accepted an “asset purchase agreement” headed by Northern Pacific Group. That deal guarantees a maximum $20 million to finance daily operations. An alternate way […]

{ 0 comments }