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Full-Text Articles in Law

Bad Business, Bumble Bee And Bankruptcy, Andrew Gaither, Michael Trotter, William Salisbury Jan 2021

Bad Business, Bumble Bee And Bankruptcy, Andrew Gaither, Michael Trotter, William Salisbury

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Purdue Pharma L.P.: A Bankruptcy Of Epidemic Proportion, Gary Brackett, Eric Salama Jan 2021

Purdue Pharma L.P.: A Bankruptcy Of Epidemic Proportion, Gary Brackett, Eric Salama

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Gander Mountain: A Retail Giant's Fall From The Top, Matthew Guernsey, W. Samuel Hargesheimer, Richard Mayberry May 2020

Gander Mountain: A Retail Giant's Fall From The Top, Matthew Guernsey, W. Samuel Hargesheimer, Richard Mayberry

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Drilling For Success: An Excavation Of Sanchez Energy Corporation’S Ch. 11 Reorganization, Nathan Cates, Landon Foody May 2020

Drilling For Success: An Excavation Of Sanchez Energy Corporation’S Ch. 11 Reorganization, Nathan Cates, Landon Foody

Chapter 11 Bankruptcy Case Studies

No abstract provided.


The Weinstein Company Bankruptcy, Mason Shelton, Trevor Torres May 2020

The Weinstein Company Bankruptcy, Mason Shelton, Trevor Torres

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Trump Entertainment Resorts: Three Bankruptcies And The Failure To Make Atlantic City Great Again, Ryan Gallagher, Andrew Hale Jun 2017

Trump Entertainment Resorts: Three Bankruptcies And The Failure To Make Atlantic City Great Again, Ryan Gallagher, Andrew Hale

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Parka Problems: The 2009 Eddie Bauer Bankruptcy, J. Logan Wilson, S. Ashton Smith Apr 2017

Parka Problems: The 2009 Eddie Bauer Bankruptcy, J. Logan Wilson, S. Ashton Smith

Chapter 11 Bankruptcy Case Studies

No abstract provided.


How To Get Away With Merger: The American Airlines Bankruptcy, Kelsey Cunningham Osborne, Christopher K. Coleman Apr 2017

How To Get Away With Merger: The American Airlines Bankruptcy, Kelsey Cunningham Osborne, Christopher K. Coleman

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Slight Turbulence Ahead: The Chapter 11 Bankruptcy Of Republic Airways, Sam Ferguson, Chad Talbot Apr 2017

Slight Turbulence Ahead: The Chapter 11 Bankruptcy Of Republic Airways, Sam Ferguson, Chad Talbot

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Rdio, Inc.: The Bankruptcy Of A Music Streaming Service That Listened To The Wrong Tune, Jeremy Boyd, Phillip Swan Apr 2017

Rdio, Inc.: The Bankruptcy Of A Music Streaming Service That Listened To The Wrong Tune, Jeremy Boyd, Phillip Swan

Chapter 11 Bankruptcy Case Studies

No abstract provided.


In Re Skymall: The Crash Of Skymall And The Take Off Of 363(B) Sales, Spencer Cook, Garett Franklyn Jan 2016

In Re Skymall: The Crash Of Skymall And The Take Off Of 363(B) Sales, Spencer Cook, Garett Franklyn

Chapter 11 Bankruptcy Case Studies

No abstract provided.


A Horse Divided: Colt's Second Bankruptcy, Samuel C. Louderback, Preston D. Matthews, Joshua R. Nunnally Jan 2016

A Horse Divided: Colt's Second Bankruptcy, Samuel C. Louderback, Preston D. Matthews, Joshua R. Nunnally

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Forest Park Medical At Frisco, Llc.: The Decline Of One Structure And The Rise Of Another, Lori Lynn Millsaps Jan 2016

Forest Park Medical At Frisco, Llc.: The Decline Of One Structure And The Rise Of Another, Lori Lynn Millsaps

Chapter 11 Bankruptcy Case Studies

This paper discusses the bankruptcy and restructuring that Forest Medical Center at Frisco (Texas) recently underwent in order to return the hospital to profitability. The discussion begins with a summary of the hospital’s corporate history and founding and an introduction to the key players in the restructuring process, including the relevant circumstances and management figures responsible for the considerable financial problems that led Forest Medical Center to have to make a Chapter 11 filing. The paper provides an account of the bankruptcy proceedings from the hospital’s pre-petition plan to the court’s confirmation of the debtor’s re-organization strategy. The paper concludes …


Schwab Industries: Competing And Shifting Interests In Chapter 11 Bankruptcy, Trey Buckley, Hannah Kay Hurt, Hunter Threet Jan 2016

Schwab Industries: Competing And Shifting Interests In Chapter 11 Bankruptcy, Trey Buckley, Hannah Kay Hurt, Hunter Threet

Chapter 11 Bankruptcy Case Studies

No abstract provided.


In Re Tellico Landing, Llc, Richard E. Graves, Lee T. Nutini Jan 2015

In Re Tellico Landing, Llc, Richard E. Graves, Lee T. Nutini

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Chapter 11 With A Happy Ending: The Six Flags Bankruptcy, John Capps, Lauren Sherrell May 2014

Chapter 11 With A Happy Ending: The Six Flags Bankruptcy, John Capps, Lauren Sherrell

Chapter 11 Bankruptcy Case Studies

This paper discusses the bankruptcy and restructuring that Premier Parks (“Six Flags”) recently underwent in order to return the company to profitability. The discussion begins with a summary of the company’s history and an introduction to the key players in the restructuring process, including the relevant circumstances and management figures responsible for the considerable financial problems that brought Six Flags to make a Chapter 11 filing. Contextually significant factors such as economic and industry conditions, stakeholder motivations, and media occurrences that were particularly relevant are examined as well. The paper provides an account of the bankruptcy proceedings from the company’s …


In Re Fairpoint Communications, Inc., Patrick Green, Todd Blakeley Skelton May 2014

In Re Fairpoint Communications, Inc., Patrick Green, Todd Blakeley Skelton

Chapter 11 Bankruptcy Case Studies

FairPoint Communications, Inc. (the “Company”) and its subsidiaries (collectively, “FairPoint”) provide communications services to rural and small business customers in eighteen states.[1] As of December 2009, FairPoint had approximately 1.7 million “access line equivalents (including voice access lines and high-speed data lines, which include digital subscriber lines, or DSL, wireless broadband and cable modem) in service.”[2] Challenges presented by industry competition and innovation, the integration of acquired operations, adverse economic conditions, and changes in customer usage and spending habits contributed to FairPoint and its subsidiaries and affiliates’ filing a voluntary Chapter 11 bankruptcy petition on October 26, 2009 …


Borders Group, Inc.’S Final Chapter: How A Bookstore Giant Failed In The Digital Age, Will Hooper, Mary Katherine Rawls May 2014

Borders Group, Inc.’S Final Chapter: How A Bookstore Giant Failed In The Digital Age, Will Hooper, Mary Katherine Rawls

Chapter 11 Bankruptcy Case Studies

In 1995, Borders Group, Inc. was the second largest bookstore in America, boasting massive superstores that housed more titles of books, DVDs, and videos than any of its competitors. Despite its early strength and success, a series of unfortunate business decisions and a general failure to keep up with the times sent Borders spiraling down a path to financial ruin. This paper documents the birth, rapid growth, and eventual downfall of Borders Bookstores through the lens of its Chapter 11 Bankruptcy.


Hostess Brands, Inc. Bankruptcy, Kathryn K. Ganier, Frederick L. Conrad Iii, Wendy G. Patrick Apr 2013

Hostess Brands, Inc. Bankruptcy, Kathryn K. Ganier, Frederick L. Conrad Iii, Wendy G. Patrick

Chapter 11 Bankruptcy Case Studies

In 1930, the Hostess Corporation[1] began as the Interstate Baking Corporation (IBC). In Kansas City Missouri, flour, wheat, and grain marched from machines as workers placed sliced white squares into Wonder Bread’s iconic yellow, red, and blue packaging.[2]

Hostess grew from its small town beginnings into a large corporation thanks in large part to its innovation in its product lines as well as growth through the acquisition of its competitors. By the end of 2012, “Hostess [was] one of the largest wholesale bakers and distributors of bread and snack cakes in the United States [and] operate[d] 36 bakeries, …


In Re Thq Inc. "Game Over", Henry Ned Hildebrand, Carlo Julio Salas, Taylor K. Wirth Apr 2013

In Re Thq Inc. "Game Over", Henry Ned Hildebrand, Carlo Julio Salas, Taylor K. Wirth

Chapter 11 Bankruptcy Case Studies

(From Introduction)

Videogames have come a long way since PONG for Atari was introduced in 1972. The industry has advanced from simplistic 8-bit geometric shapes descending from players’ screens (Tetris) and a side-scrolling, overall-clad plumber saving a princess in a faraway land (Super Mario Bros.). Today, the global videogame industry is a $67 billion enterprise, consisting of hardware (gaming consoles like Nintendo and Playstation), software (the actual videogames themselves), and secondary markets (online games, mobile phones, and other devices). The major players in this enterprise are few—the “AAA” game developers. In the videogame industry, …


Force Out: A Dodgers Bankruptcy, Richard Marrero, Cj Fayton Apr 2013

Force Out: A Dodgers Bankruptcy, Richard Marrero, Cj Fayton

Chapter 11 Bankruptcy Case Studies

The premise of a chapter 11 bankruptcy is that the business’ going concern value exceeds its liquidation value. It provides the debtor with an opportunity to restructure their debt so that they can pay back their creditors and stay in business.

The debtor’s filing of the bankruptcy petition creates an “automatic stay.”[1] The automatic stay is an injunction that prevents creditors from pursuing legal actions against the debtor and its assets. The automatic stay, however, protects not only the debtor but the creditors as well. In the absence of the automatic stay, creditors would “race to the courthouse” to …


In Re Dewey Ranch Hockey, Llc: The Bankruptcy Of The Phoenix Coyotes, Chris Rowe, Jeff Upshaw Apr 2013

In Re Dewey Ranch Hockey, Llc: The Bankruptcy Of The Phoenix Coyotes, Chris Rowe, Jeff Upshaw

Chapter 11 Bankruptcy Case Studies

While only a small percentage of Chapter 11 bankruptcy filings garner the attention of the American public, a bankruptcy petition involving a “big four” professional sports franchise (NFL, MLB, NBA, NHL) is big news to the American sports world. Perhaps the reason is that few, if any, commercial entities make such a passionate connection with its customers as professional sports teams.

In comparison to the other members of the “big four”, the NHL simply does not have the same level of financial success. Almost half of the 30 NHL franchises lost money in the 2011-2012 season.[1] Of the nine …


Circuit City's Chapter 11 Bankruptcy, Jeff Smith, Peyton Hairston Apr 2013

Circuit City's Chapter 11 Bankruptcy, Jeff Smith, Peyton Hairston

Chapter 11 Bankruptcy Case Studies

Circuit City Stores, Inc. sold consumer electronics, personal computers, entertainment software, and appliances in the growing consumer electronics market.[1] Circuit City was founded by Samuel S. Wurtzel in 1949 under the name Wards Company. The store named “Wards” was an acronym of Wurtzel’s family name’s: “W” for Wurtzel, “A” for his son Alan, “R” for his wife Ruth, “D” for his son David, and “S” for his own name.[2] Circuit City was the first electronics superstore and was the nation’s second largest retailer of consumer electronics as recently as 2004.[3] Circuit City began the superstore concept for …


A Blockbuster Failure: How An Outdated Business Model Destroyed A Giant, Todd Davis, John Higgins Apr 2013

A Blockbuster Failure: How An Outdated Business Model Destroyed A Giant, Todd Davis, John Higgins

Chapter 11 Bankruptcy Case Studies

The rise of the Internet in the 1990s and 2000s rapidly created new markets. Companies like Apple seized on the ability to distribute music online for a lower price than independent record stores, or even large-scale ones like Tower Records could afford, driving record stores to near-extinction.[1] A similar fate has fallen upon the video rental stores. Giants Movie Gallery and Blockbuster, driven by physical rental stores, began struggling to compete with streaming and mailing platforms. Both were driven into bankruptcy because they failed to adapt quickly enough. A series of poor choices by Blockbuster, including passing on the …


Reader's Digest, Walter Machnicki Jan 2012

Reader's Digest, Walter Machnicki

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Mesa Airlines, Brittany Brent, Lindy Harris Jan 2012

Mesa Airlines, Brittany Brent, Lindy Harris

Chapter 11 Bankruptcy Case Studies

No abstract provided.


Solyndra, Brandon Brewer, Matthew Kinsey, Anthony Mendenhall Jan 2012

Solyndra, Brandon Brewer, Matthew Kinsey, Anthony Mendenhall

Chapter 11 Bankruptcy Case Studies

No abstract provided.


In Re Jazz Photo Corp., Archie Carden, Cory Swainston Jan 2012

In Re Jazz Photo Corp., Archie Carden, Cory Swainston

Chapter 11 Bankruptcy Case Studies

No abstract provided.


In Re Adelphia Communications Corp., Hilari Sheffield, Adam Smith Jan 2012

In Re Adelphia Communications Corp., Hilari Sheffield, Adam Smith

Chapter 11 Bankruptcy Case Studies

No abstract provided.


New Era Bankruptcy, Holly N. Mancl Jan 2012

New Era Bankruptcy, Holly N. Mancl

Chapter 11 Bankruptcy Case Studies

No abstract provided.