Corporate Bankruptcy

In 2018, we saw some shocking bankruptcies and they were mostly brick and mortar retail chains.  Companies such as David’s Bridal, Mattress Firm, Brook Stone, and Nine West all filed.  Read on to get an update on a few of the companies we reported on in 2018. Sears In October, we covered the history and events that led to the downfall of Sears (catch up here).  A lot has happened since...

In 2018, fires ravaged just under 2 million acres of land.  Recent evidence suggests that a local utility company’s equipment may be responsible for the catastrophic event.  PG&E may be on the hook for expenses totaling at around $30 billion.  Top brass has decided they cannot afford that so they plan to file for bankruptcy under chapter 11. PG & E PG&E is the holdings company for...