Bankrupt Retailers: Pushed to the Brink

Source for article:  Business Week, August 11, 2008 by Pallavi Gogoi
Changes in the law have sharply reduced retailers’ ability to reorganize, driving many to liquidate quickly
On Feb. 19 the electronic gizmo retailer Sharper Image filed for Chapter 11 bankruptcy protection. As part of its court filing, Sharper Image management committed to its lenders to […]

Few Sectors Immune to Bankruptcy

source for article: Reuters, July 31  by Emily Chasan
INTERVIEW-Weil Gotshal sees few sectors immune to bankruptcy
* Breadth of bankruptcy filings surprising
* Sharp uptick in distressed companies seen since June
* Years before troubles are resolved. No end in sight
NEW YORK, July 31 (Reuters) - The combination of a weak economy and tighter credit is roping more […]