Forever 21 files for Chapter 11 bankruptcy, will keep US stores open for now
F21 OpCo, LLC, the company and licensee of the brand in the U.S., filed a Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. Although stores will remain open for now, Forever 21, which is headquartered in Los Angeles, said it will hold liquidation sales at its U.S. stores.
The company has produced massive film hits and has numerous scripted and reality television programs in its library.
The company filed for bankruptcy protection Monday in Delaware, adding that there was a stalking horse bidder for its assets.
Sussman Shank's Garrett Eggen writes that Subchapter V provides small businesses with a previously unavailable means by which ...
That may just be the beginning as the company needs help from the bankruptcy court and its lenders to survive.
Village Roadshow files for Chapter 11 bankruptcy after legal battles with Warner Bros. and unprofitable ventures in independent film production.
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The company says the bankruptcy filing for certain subsidiaries of its pyrolysis facility in Ashley is intended to have no ...
Village Roadshow, producer and financier of The Matrix, Joker and Lego movie franchises, filed for bankruptcy protection amid ...
The "Joker" production company cited continued fallout from a dispute with WB over the release of "The Matrix Resurrections" ...
The South Florida-based company says it has shed a lot of debt and has received more than $350 million in equity investment.
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