The popular ice cream retail chain Cold Stone Creamery has had many problems with maintaining successful franchises. Many of the franchise owners have found themselves financially insolvent over the last few years, some even filing for bankruptcy to resolve their debt troubles. While many franchise store owners fight to negotiate lease agreements and contractual terms,  … Read more

A research based consulting firm started by Newt Gingrich has found itself in financial trouble in recent months. After racking up nearly $10 million in debts to creditors the firm filed for business Chapter 7 protection earlier this week. The Gingrich Group Pioneered by the former House Speaker Newt Gingrich in 2008, the firm was  … Read more

The Memphis-based Pinnacle Airlines has been struggling to keep up flights around the Eastern part of the United States for a while. The regional airline carrier filed for bankruptcy on Monday, hoping to resolve its increasing debt problems and remain in operation. Small Airline, Big Debts Pinnacle Airlines Corp., currently offers regional service on smaller  … Read more

The American Airlines bankruptcy has stayed in the headlines ever since their filing last November. After several rounds of job cuts, backing out of several jet purchases and terminal leases, the company has had to defend its debt restructuring efforts to critics. In The Hot Seat After more serious indications that a buyout or merger  … Read more

The laws and guidelines that apply to Native American tribes have been a gray area for many years. As our government has worked to outline ways to protect these tribes and also grant them a level of independence, their efforts have created a gap that leaves several issues unresolved. After one tribe filed for bankruptcy  … Read more

Since Solyndra filed for bankruptcy in 2011, many issues have surfaced about the company’s operations and managing of finances. Many people balked at the filing after learning the solar company had received a $500 million government bailout just two years prior. Further issues spark controversy as company executives began pushing to receive their bonuses as  … Read more

As one of the United State’s leading shipping companies, UPS announced plans to expand their reach into Europe by acquiring a new company. The company plans to acquire the Dutch based company, TNT Express. Global Business Looking to expand the gap between their rival, FedEx Corp, UPS’s plans for the new acquisition come at an  … Read more

NFL player, Michael Vick, has had is fair share of media attention  in recent years. After working hard to come back from dog fighting charges, Vick has found a new lease on life that also includes resolving his near $20 million in debts. Moving Forward Having filed for Chapter 11 bankruptcy back in July of  … Read more

One of the nation’s oldest film and photography companies has struggled to maintain profitability in an increasingly digital age. Having filed for Chapter 11 bankruptcy in January, Eastman Kodak has been considering several offers to help with their debt restructuring efforts, including the sale of an important patent. Up For Grabs? Kodak hired an investment  … Read more

The American Airlines bankruptcy case has brought much attention and staunch debate among industry officials. After the company announced another round of steep job cuts and a plan to end employee pension programs, many protested outside of the local Dallas-Fort Worth hub. In an effort to continue debt resolution and minimize further impact to employees,  … Read more