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Category Archives: bankruptcy

Court OKs driller Venoco’s plan to slash $1 billion in debt in restructuring

Denver-based Venoco Inc. won bankruptcy-court approval Wednesday for a restructuring plan that will slash nearly $1 billion in debt from the oil and gas producer’s books. Judge Kevin Gross of the U.S. Bankruptcy Court in Wilmington, Del., confirmed Venoco’s Chapter 11 plan of reorganization, paving the way for the company to exit bankruptcy protection. Smoothing […]

Dick’s Sporting Goods wins Sports Authority’s brand name, intellectual property, reports say

Some of Sports Authority’s intellectual property assets may land in the corner of rival Dick’s Sporting Goods, Reuters is reporting.

Sports Authority has until September to file creditors plan

Sports Authority will have until Sept. 28 to file a Chapter 11 plan that outlines financial distributions to its creditors, according to a U.S. Bankruptcy Court order made Thursday.

Hastings Entertainment, owner of Jeffco’s Tradesmart, files for bankruptcy

Texas-based retailer Hastings Entertainment Inc. has filed for Chapter 11 bankruptcy protection. The company operates more than 120 superstores, including a concept store near Southwest Plaza.

High court rules against Puerto Rico in debt case

The Supreme Court ruled Monday that Puerto Rico can’t restructure more than $20 billion in public debt as it tries to overcome a decade-long economic crisis.

Sports Authority cutting 461 headquarters jobs

Sports Authority has made it official: The bankrupt retailer will close its Englewood headquarters and let 461 workers go.

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