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Posts tagged "Business Bankruptcy"

What is a Chapter 11 bankruptcy?

Since the recession, a number of businesses have ended up struggling under mounting debts. In fact, we're even posted on a number of different businesses -- both large and small -- that have filed for Chapter 11 bankruptcy in the hopes of reorganizing debts and staying in business.

Tampa hotel files for Chapter 11 bankruptcy

A Comfort Inn in Tampa, Florida, was recently added to a growing list of Chapter 11 bankruptcy filings by a family-owned business. In this most recent filing, the hotel lists assets between $1 million and $10 million and liabilities between $10 million and $50 million.

With changing times some businesses struggle more than others

While the current economic client has been tough on many Florida residents and businesses, it turns out that there are some industries that are seeing huge decreases in revenue due to importing and technological changes. For some, this may end up leading to eventual bankruptcy.

Largest US ice producer considering filing for bankruptcy

Reddy Ice Holdings Inc., the largest packaged ice producer in the U.S., has revealed that it is considering filing for bankruptcy protection and is reviewing its options as it looks to the future. According to a recent article in The Wall Street Journal, the news follows a bankruptcy filing in February by Arctic Glacier Inc., which is the second-largest ice maker and Reddy Ice's main competition.

'Pink slime' controversy leads beef producer to bankruptcy

It appears that public outcry over "pink slime," or the use of boneless lean beef trimmings in ground beef products, has led to national ground beef producer AFA Foods Inc. filing for bankruptcy. With these recent financial struggles, it's anticipated that lay-offs will also end up affecting hundreds of employees across the country who work for the company.

Chevys Fresh Mex emerges from Chapter 11 bankruptcy

While filing for bankruptcy is certainly a difficult decision for many business owners, partnerships and corporations, the truth is that a bankruptcy can actually be a very positive move that can greatly benefit a business in the long run.

Florida's Middle District sees fewer bankruptcy filings in 2011

Some bright financial news has come out of the U.S. Bankruptcy Court for the Middle District of Florida recently: bankruptcy filings in that area fell nearly 20 percent in 2011 compared to 2010. The middle district encompasses the large metropolitan areas of Fort Myers, Orlando, Tampa and Jacksonville.

ABA Defending Liberty Pursuing Justice American Bankruptcy Institute The Florida Bar 1950 CFAWL Criminal Florida Association For Women Lawyers Orange County Bar Association
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