chapter 11 bankruptcy Archives

Enron: 10 Years Later

by in Columnist Spotlight | Finance

Enron. Similar to “Black Tuesday,” “Watergate” or “9/11,” the term has encapsulated a series of events into a single word or phrase. It is arguably the most well-known, and most scrutinized, financial collapse in U.S. history. This is evidenced by the multitude of books and movies that have rehashed and referenced the collapse. December 2,… Read More →

Arizona Biltmore, 4 U.S. Resorts File For Bankruptcy

Arizona Biltmore Bankruptcy
by in Finance | Real Estate | Travel

Arizona Biltmore among 5 U.S. resort hotels to file for Chapter 11 bankruptcy The Arizona Biltmore Resort & Spa was one of five luxury resort hotels in the U.S. that filed for Chapter 11 bankruptcy on Tuesday, days after being acquired by a group that includes affiliates of hedge fund Paulson & Co Inc., Reuters… Read More →

The “B” Word-Bankruptcy isn’t always a bad thing

The "B" Word 2008

The word “bankruptcy” sends chills down the spines of many business owners and executives as they envision certain financial demise. But bankruptcy is no longer the frightening phenomenon it once may have been, particularly in the business realm. Chapter 11 bankruptcy has become an extremely useful business tool for a company to reorganize its operations,… Read More →