Corporate bankruptcy

FILE - This undated file photo shows Barrick Goldstrike Mines' Betze-Post open pit near Carlin, Nev. A three-judge panel with the U.S. Court of Appeals for the District of Columbia ruled Friday, July 19, 2019, that state and federal programs ensure mining companies take financial responsibility for their pollution. (Adella Harding/The Daily Free Press via AP, File)
July 19, 2019 - 6:54 pm
BILLINGS, Mont. (AP) — A U.S. appeals court panel sided with the Trump administration Friday in a mining pollution dispute, ruling that state and federal programs already in place ensure that companies take financial responsibility for future cleanups. The ruling came after the administration was...
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A crane operator works equipment on a roadway near Barneys department store, Tuesday July 16, 2019, in New York. The luxury retailer could be joining a growing list of retailers that have filed for bankruptcy. (AP Photo/Bebeto Matthews)
July 16, 2019 - 4:15 pm
NEW YORK (AP) — Barneys New York may soon join the ever lengthening list of retail stores seeking protection in bankruptcy. The luxury clothing company, faced with high rents and a shifting consumer landscape, is evaluating options that may include a bankruptcy filing. That's according to a source...
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Assemblyman Chris Holden, D-Pasadena, center, shakes hands with Assemblyman Chad Mayes, R-Yucca Valley, after their wildfire measure they co-authored, along with Assemblywoman Autumn Burke, D-Inglewood was approved by the Assembly in Sacramento, Calif., Thursday, July 11, 2019. The bill, AB1054, aimed at stabilizing the state's electric utilities in the face of devastating wildfires caused by their equipment, was approved overwhelmingly and now goes to the governor. At left is state Sen. Bill Dodd, D-Napa, who carried the measure in the Senate. (AP Photo/Rich Pedroncelli)
July 11, 2019 - 6:50 pm
SACRAMENTO, Calif. (AP) — California lawmakers approved a multibillion-dollar plan Thursday to shore up the state's biggest electric utilities in the face of catastrophic wildfires and claims for damage from past blazes caused by their equipment. It requires major utilities to spend at least $5...
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July 07, 2019 - 11:58 pm
GILLETTE, Wyo. (AP) — Wyoming coal workers who were locked out of their jobs after a company filed for bankruptcy protection are wondering whether they'll ever be called back to work. The West Virginia-based Blackjewel LLC has 580 employees at two open-pit mines in northeastern Wyoming, Eagle Butte...
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This photo shows the entrance to Eagle Butte mine seen taped in Gillette, Wyo., Tuesday, July 2, 2019. The CEO of one of the nation's largest coal producers says he's confident the company will bounce back despite the shutdown of several mines after it filed for federal bankruptcy protection. (Josh Galemore/The Casper Star-Tribune via AP)
July 02, 2019 - 6:56 pm
CHARLESTON, W.Va. (AP) — The CEO of one of the nation's largest coal producers says he's confident the company will bounce back despite the shutdown of several mines after it filed for federal bankruptcy protection. Milton-based Blackjewel LLC filed for Chapter 11 bankruptcy protection Monday in U...
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FILE - This Dec. 16, 2017 file photo provided by the Santa Barbara County Fire Department shows flames burning near power lines in Montecito, Calif. Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy, and give the tarnished company a new name. The Sacramento Bee reports the proposal filed Tuesday, June 25, 2019 in U.S. Bankruptcy Court would set aside up to $18 billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment. The plan would rebrand PG&E as Golden State Power Light & Gas Company. (Mike Eliason/Santa Barbara County Fire Department via AP, File)
June 25, 2019 - 5:45 pm
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a $30 billion plan to pull the utility out of bankruptcy and give the tarnished company a new name. The proposal filed in U.S. Bankruptcy Court would set aside up to $18 billion of that $30 billion to pay claims...
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FILE - This April 12, 2018 file photo shows the Odebrecht headquarters in Sao Paulo, Brazil. The Brazilian construction giant filed for bankruptcy protection to restructure $13 billion in debt on Monday, June 17, 2019, worn down after spending five years at the center of one of the world’s largest corruption investigations. (AP Photo/Andre Penner, File)
June 17, 2019 - 8:31 pm
RIO DE JANEIRO (AP) — Brazilian construction giant Odebrecht filed for bankruptcy protection Monday to restructure $13 billion in debt, worn down after spending five years at the center of one of the world's largest corruption investigations. Odebrecht said in a statement that it and its...
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June 11, 2019 - 7:15 am
CHAPIN, S.C. (AP) — A South Carolina gun and sporting goods distributor is filing for bankruptcy amid allegations of mishandled funds borrowed by its majority owner. News outlets report Ellett Brothers has its first hearing in bankruptcy court on Tuesday. Lending company Prospect Capital...
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May 22, 2019 - 7:34 pm
READING, Pa. (AP) — A federal bankruptcy judge on Wednesday approved the sale of the 150-year-old Reading Eagle to a publisher known for its aggressive cost-cutting. MediaNews Group, better known as Digital First Media, offered $5 million for the assets of the Reading Eagle Co., which filed for...
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May 10, 2019 - 6:24 pm
GILLETTE, Wyo. (AP) — The nation's third-largest coal company by production volume filed for bankruptcy Friday as utility companies increasingly turn to gas-fired generation and renewable energy for electricity. Gillette-based Cloud Peak Energy filed for Chapter 11 reorganization in U.S. Bankruptcy...
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