Latest Bankruptcy News

Bankruptcy News

  • The Little-Known Bankruptcy That’s Shaking Up America 08 Dec 2019 13:20 ETF Trends By Stephen McBride, Editor for Disruption Investor Samuel Dean set up his milk business at just the right time. It was 1925, and milk was fast becoming a staple of the American diet. Milkmen delivered glass bottles to doorsteps across the country… And …
  • Dean Foods, America’s No. 1 milk company, declares bankruptcy amid drop in demand 13 Nov 2019 07:29 St. George Utah Jugs of McArthur Dairy milk, a Dean Foods brand, are shown at a grocery store in Surfside, Florida, Nov. 12, 2019 | Associated Press photo by Wilfredo Lee, St. George News ST. GEORGE — Got milk? Increasingly, Americans don’t, and that led the nation’s …
  • Got Chapter 11?: America’s biggest milk producer files for bankruptcy 13 Nov 2019 04:08 NYPOST Got Milk? Probably not anymore. America’s largest milk producer, Dean Foods, filed for bankruptcy Tuesday as more people are choosing to ditch the household staple for non-dairy alternatives like almond, soy, coconut and oat milks. The Dallas-based 94-year …
  • America's largest milk producer files for bankruptcy amid drop in demand 12 Nov 2019 22:20 WTAE Pittsburgh Got milk? Increasingly, Americans don't, and that has led the nation's biggest milk producer to file for bankruptcy Tuesday.Dean Foods blamed a decades-long drop in milk consumption that has seen people turn to alternatives such as soda, juice and …
  • Dean Foods, America's biggest milk producer, files for bankruptcy 12 Nov 2019 19:01 KSBW Dean Foods on Tuesday announced that it has filed for Chapter 11 bankruptcy protection.The Dallas-based milk processor said that it plans to use the Chapter 11 proceedings to keep running the business, and address debt and unfunded debt obligations as it …

Chapter 11

  • Opponents, colleagues bid farewell to Andrew Scheer 12 Dec 2019 23:57 Shortly after Conservative Leader Andrew Scheer told the House of Commons Thursday morning that he was stepping down as party leader, Scheer's opponents and allies began reflecting his time as leader of the Official Opposition. Prime Minister Justin …
  • Bruce Berkowitz's 3rd-Quarter Update 12 Dec 2019 23:40 Fairholme Capital Management recently disclosed its portfolio updates for the third quarter of 2019. During the quarter, the firm established a new position in The Kraft Heinz Co. (NASDAQ:KHC) and reduced its holdings of The St. Joe Co. (NYSE:JOE), Vista …
  • Is Tesla Apple? Is Elon Musk Steve Jobs? 12 Dec 2019 23:40 This article is Part 11 of an 11-part series analysis of Tesla, Elon Musk and EV Revolution. You can read other parts here. Throughout my analysis, I have compared the Model 3 to the iPhone, Tesla (NASDAQ:TSLA) to Apple (NASDAQ:AAPL), and Elon Musk to …
  • Elliott’s PG&E Plan Aims Carefully at Gavin Newsom 12 Dec 2019 23:19 On Thursday, Elliott Management Corp., part of the bondholders’ committee pushing a rival exit plan, put a shot across the bow of the company, but it was ultimately also aimed at the governor’s mansion. Elliott lists multiple criticisms of the company’s …
  • Conservatives gather for emergency meeting after Scheer announces resignation 12 Dec 2019 23:02 After weeks of mounting criticism of his election performance, Andrew Scheer announced today he is stepping down as Conservative Party leader — a surprise move bound to upend Canadians politics for the foreseeable future. The drama of this morning's …

Orange County Bankruptcy News

  • What’s Ahead for PG&E? 12 Dec 2019 14:01 International Herald Tribune Good morning. (Here’s the sign-up, if you don’t already get California Today by email.) It’s been quite a year for Pacific Gas & Electric, the state’s largest utility — and not in a good way. You probably know the broad contours: In January, PG&E …
  • Newsletter: How the LAPD is trying to lower a language barrier 12 Dec 2019 11:35 Los Angeles Times Good morning, and welcome to the Essential California newsletter. It’s Thursday, Dec. 12, and I’m writing from Los Angeles. Get our Essential California newsletter On a September afternoon nine years ago, a man named Manuel Jaminez Xum was fatally shot by …
  • New York Granite files for bankruptcy on heels of founder’s liquidation 11 Dec 2019 19:40 Fairfield County Business Journal New York Granite Corp. has filed for Chapter 11 bankruptcy reorganization, on the heels of a personal bankruptcy case that exposed the owner’s highly-leveraged finances. The New Windsor stone countertop fabrication and installation business was founded in …
  • Combating Compassion Fatigue 09 Dec 2019 14:29 International Herald Tribune Good morning. (Here’s the sign-up, if you don’t already get California Today by email.) A note: Over the past couple of months, we’ve been featuring pieces from my colleague Marie Tae McDermott, who works with The Times’s Reader Center. Those are part of …
  • The Biggest Airlines To Ever Go Bankrupt 09 Dec 2019 11:14 Forbes 2019 has been a troubling year for aviation. If there was ever a place to look for a global slowdown it is in the airline sector. Multiple carriers from around the world have gone out of business this year, but it’s not all doom and gloom. Contrastingly, …