Chapter 11

Matt Rourke/AP Photo, File
February 15, 2019 - 10:02 pm
NEW YORK (AP) — Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday...
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James Candy Company
Diane Stoneback/Allentown Morning Call/MCT/Sipa USA
David Madden
November 17, 2018 - 4:15 am
ATLANTIC CITY, N.J. (KYW Newsradio) — The company behind a tasty Jersey shore candy favorite has filed for Chapter 11 bankruptcy protection in Camden federal court. But that doesn't mean it’s going away — actually, far from it. You might not recognize the James Candy Company, but Fralinger’s Salt...
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In this July 8, 2017, file photo people walk into a Sears store slated for closing that is next to a mall that is being torn down in Overland Park, Kan
AP Photo/Charlie Riedel, File
October 15, 2018 - 7:55 am
By Anne D'Innocenzio, AP Retail Writer NEW YORK (AP) — Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The question now is whether a smaller version of the company that once towered over the American...
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This Jan. 24, 2018, file photo shows a person walking near the entrance to a Toys R Us store, in Wayne, N.J.
AP Photo/Julio Cortez, File
June 29, 2018 - 11:45 am
By Anne D'Innocenzio, AP Retail Writer NEW YORK (AP) — Toys R Us is closing its last U.S. stores by Friday, the end of a chain known to generations of children and parents for its sprawling stores, brightly colored logo and Geoffrey the giraffe mascot. But many of the children who happily sang the...
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Chef Jose Garces in his Olon restaurant.
Hadas Kuznits | KYW Newsradio
Steve Tawa
June 28, 2018 - 6:21 pm
PHILADELPHIA (KYW Newsradio) — During a status hearing on the sale of celebrity chef Jose Garces' portfolio of restaurants and catering business, a federal bankruptcy judge heard both parties have bumped up their investments, in what will become a new company. When auction day came and went earlier...
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Jose Garces
Ceisler Media & Issue Advocacy
Steve Tawa
June 26, 2018 - 7:10 pm
PHILADELPHIA (KYW Newsradio) — Just 60 days after famed Philadelphia chef Jose Garces declared bankruptcy , his portfolio of restaurants and catering unit went on the auction block Tuesday, though a winner has yet to be declared. In a complex twist, there's only one bidder left, but they're still...
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Chef Jose Garces in his Olon restaurant.
Hadas Kuznits | KYW Newsradio
Steve Tawa
May 23, 2018 - 8:40 am
PHILADELPHIA (KYW Newsradio) -- A federal bankruptcy judge has decided which Jose Garces restaurants will be in play, as the famed chef tries to move a step closer to putting his portfolio of restaurants and catering unit on the auction block. But his partners, who feel jilted, opposed the move...
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Chef Jose Garces in his Olon restaurant.
Hadas Kuznits | KYW Newsradio
Steve Tawa
May 21, 2018 - 7:27 pm
PHILADELPHIA (KYW Newsradio) -- A federal judge is hearing a celebrity chef’s plan to declare bankruptcy, and get himself out of the financial soup. But his business partners oppose the move, and are stirring the pot. Jose Garces, who began with Amada in Old City in 2005, grew his restaurant empire...
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