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The company’s June 28 bankruptcy petition was filed in the U.S. Bankruptcy Court for the District of Delaware. … Chicken Soup for the Soul Entertainment, the entertainment company that ...
Trump Entertainment Resorts, Inc. was a gambling and hospitality company. The company previously owned and operated the now-demolished Trump Plaza and Trump World's Fair (both in Atlantic City ), the now-closed Trump Marina , Trump Casino & Hotel in Gary, Indiana , Trump 29 in Coachella, California , and Trump Taj Mahal in Atlantic City.
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities.
A chapter 13 plan is a document filed with or shortly after a debtor's Chapter 13 bankruptcy petition. The plan details the treatment of debts, liens, and the secured status of assets and liabilities owned or owed by the debtor in regard to his bankruptcy petition. In order for a plan to take effect, it must meet a number of requirements.
To avoid a loss in revenue, the chain slowly began increasing the promotion prices from $20, to $22, and then $25, according to NBC. However, Red Lobster went on to report approximately $11m in ...
Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise Eleanor Pringle May 21, 2024 at 7:24 AM
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