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Bankruptcy

2023 has been a year for bankruptcy

by Kristin Schwab
May 18, 2023
More than 230 companies declared bankruptcy before the end of April. What is happening?
David’s Bridal is among the more than 230 companies that declared bankruptcy before the end of April.
Justin Sullivan/Getty Images
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What might happen to all that retail space Bed Bath & Beyond may soon abandon?

by Matt Levin
Apr 24, 2023
There may be more demand for the suburban real estate than there was for sheets and towels.
Bed Bath & Beyond is slated to begin shuttering nearly 360 storefronts across the country, and some landlords may use the opportunity to raise storefront rents.
Scott Olson/Getty Images
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Reverse stock splits explained through a battle against bankruptcy

by Kristin Schwab
Mar 22, 2023
Bed Bath & Beyond is seeking a reverse split, a sign that a company is not confident that its stock will rise on its own, one expert says.
If Bed Bath & Beyond's stock falls under a dollar for an extended time, it risks delisting from Nasdaq.
Justin Sullivan/Getty Images
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Bed, Bath, Beyond, bankruptcy? A look at the retailer's bid to avoid Chapter 11

by Kristin Schwab
Feb 1, 2023
The troubled retailer has been struggling for a decade now. But is there still hope?
Experts think bankruptcy is likely for BB&B but not necessarily liquidation. Though Seth Basham, a retail analyst at Wedbush Securities, said the company needs to become a unique brand and create value that goes beyond those blue 20% off coupons.
Scott Olson/Getty Images
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It just got easier to discharge student loan debt in bankruptcy

by Meghan McCarty Carino
Nov 18, 2022
In the past, not even one student borrower in 100 who declared bankruptcy had student loans discharged.
Unlike other forms of debt, student loans don’t automatically get wiped clean in bankruptcy.
Robyn Beck/AFP via Getty Images
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Sam Bankman-Fried Trial

Amid downfall of crypto exchange FTX, an absence of regulation and rescuers

by Kai Ryssdal and Anais Amin
Nov 14, 2022
FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor's Liz Hoffmann.
"Customers of FTX and a lot of these crypto companies that have gone bankrupt are realizing that they are the creditors," says Liz Hoffman of Semafor.
Leon Neal/Getty Images
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What's the best way to navigate personal bankruptcy?

by Blake Farmer
Dec 27, 2021
For people pushed to the edge financially, bankruptcy can be an option. One nonprofit is trying to make the choice easier and less expensive.
Bankruptcy can be a lifeline for some, but it's still out of reach for many who can’t afford the roughly $1,500 it takes to hire an attorney and pay for court fees.
FuzzMartin via Getty Images
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"Enron: The Smartest Guys in the Room"

The Enron scandal: 20 years later, what’s changed?

by David Brancaccio and Rose Conlon
Sep 23, 2021
Very little, according to Bethany McLean, the first financial reporter to ask questions about Enron's accounting practices.
Former Enron CEO and Chairman Kenneth Lay is sworn in before the Senate Committee on Commerce, Science and Transportation in 2002.
Stephen Jaffe/AFP/Getty Images
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Texas' largest power co-op files for bankruptcy

by Andy Uhler
Mar 1, 2021
Brazos Electric's filing could be an ominous sign as other Texas power providers assess the damage after the extreme weather.
High voltage transmission towers on Feb. 21 in Houston.
Justin Sullivan/Getty Images
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Shelf Life

COVID-19 is putting the economy on fast-forward

by Scott Galloway
Nov 24, 2020
Will that make it better or worse? Scott Galloway, professor at the NYU Stern School, weighs in with his new book, "Post Corona: From Crisis to Opportunity."
People wait in line to receive donated groceries on May 6, 2020, in the Queens borough of New York City.
Bryan Thomas/Getty Images
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