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 […]
Category Archives: bankruptcy
Some of Sports Authority’s intellectual property assets may land in the corner of rival Dick’s Sporting Goods, Reuters is reporting.
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.
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.