Chapter 11 Page 7

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PacSun Exits Bankruptcy

Retailer Pacific Sunwear of California Inc. has been approved to exit bankruptcy after cutting down its debt, closing a number of stores across the nation, and convincing landlords to decrease its rent at the malls where the teen-focused clothing-chain does business.

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Real Estate Developer Sentenced for Bankruptcy Fraud

Alexander Papakyriakou, a 62-year-old real estate developer in Arizona, was recently sentenced to two years in prison for submitting false statements in his bankruptcy petition.

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Gawker Media Bought by Univision Following Bankruptcy

Gawker Media, which filed for Chapter 11 bankruptcy protection at the beginning of the summer, has been bough by Univision for an estimated $135 million.

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Does Sports Authority’s Bankruptcy Mean Danger for Under Armour?

When a major retailer falters in bankruptcy, what does that mean for the brands it once used to carry? It seems that sportswear line Under Armour is about to find out.

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  • Chapter 11
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How Not To Commit Bankruptcy Fraud

Debtors will often go to the extreme in order to clear their names of debt. This often means committing bankruptcy fraud in an attempt to clear debt, or make money.

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Gawker Files for Bankruptcy

Gawker Media recently filed for Chapter 11 bankruptcy protection as a result of being ordered to pay roughly $140 million to Hulk Hogan.

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Minnesota Lawyer Pushing to Make Student Loans Dischargeable

Currently, student loan debt cannot be discharged in bankruptcy. But a lawyer in St. Cloud, Minnesota is working to make that no longer the case.

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  • Bankruptcy
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  • Chapter 11
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  • Chapter 7
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