A new report is out detailing the number of commercial bankruptcy filings there were in the 2016 calendar year, as well as the total number of bankruptcies in the US. The total number of bankruptcies were down by 6 percent -- but within that number, commercial...
Avaya's consideration of a Chapter 11 bankruptcy filing exemplifies a growing trend in the tech sector right now: if you acquire a new company and that company suddenly becomes a massive financial weight without the competitiveness to relieve that debt, the asset may...
When a business is facing a mountain of debt, it may file for bankruptcy. But what type of bankruptcy it files for depends greatly on the business type, the particular situation and what the business plans to do in the future. Having said that, there are three main...
A few weeks ago, we wrote about a sports equipment company, Golfsmith, going bankrupt. In that post, we talked about the declining popularity of golf, and how that has played a role in Golfsmith's bankruptcy. We bring this up because another sporting goods company...
Tiger Woods' career has fallen off a cliff in recent years, and there is a lot of doubt about his ability to even return to semi-competitive form, let alone is hyper-competitive and dominant form he once managed. With Woods waning, golf as a sport has struggled to...
Whenever a business is in the midst of a major legal move, tensions will be running high. The people involved are going to strategize and contemplate the best moves for them, and other parties involved in (or with) the company are going to be very interested in what...
Many of our readers are likely familiar with Gawker Media Group, an internet publisher that owns numerous online properties, including the group's eponymous and most popular blog Gawker. These same readers have likely been aware for some time now that Gawker Media...
Businesses and companies can run into a wide variety of problems during the course of their operation. The myriad possibilities means that the people in charge need to have the right people advising them so that they can deal with the issues at hand. One of the major...
Businesses and companies can run into a wide variety of problems during the course of their operation. The myriad possibilities means that the people in charge need to have the right people advising them so that they can deal with the issues at hand. One of the major...
Many companies run into financial issues or internal organization problems at some point in their existence. Persevering through these difficulties is the goal, but not every company makes it. This shouldn't discourage you or your company if you face these difficult...
