Chapter 11 Bankruptcy
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QVC, the Original Live-Shopping Pioneer, Plots Comeback While Aiming to Avoid Bankruptcy
Live-shopping, pioneered by QVC, has been overtaken by social media in recent years, and the West Chester company is now focusing its turnaround on reclaiming…
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Bankruptcy Reports Send QVC Group Stock into Steep Decline
Reports that West Chester-based QVC Group is negotiating a voluntary debt restructuring with its creditors, potentially including a Chapter 11 bankruptcy filing, have caused the…
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Rite Aid to Close, Put Up for Sale All Remaining Locations in Chester County
After filing for Chapter 11 bankruptcy protection, Rite Aid is selling most of its assets, including 121 Philadelphia-area stores, eight of which are in Chester…
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Joann Fabrics to Close Chester County Stores Amid Bankruptcy
Joann Fabrics has plans to close 500 store locations across the United States, including three in Chester County, writes Kara Seymour for Patch. The store…
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World of Beer, with Location in Exton, Reorganizing Through Chapter 11 to Eliminate Debt
World of Beer, a craft beer bar and restaurant chain with an Exton location, has filed for Chapter 11 in an effort to eliminate outstanding…
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Malvern-Based Endo Hit with Court-Ordered Penalty for False Marketing
Malvern-based Endo Health Solutions has been ordered to pay over $1.5 billion in criminal financial penalties after the company admitted to falsely marketing Opana ER,…
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Rue21 Closes Springfield Mall Store Amidst Bankruptcy Filing
A Springfield Mall staple, Rue21, is closing as part of a Chapter 11 bankruptcy protection filing by the retail company, writes Daniella Genovese for Fox…
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Court Approves Malvern-based Endo International’s Reorganization Plan to Wipe Its Debt
Malvern-based Endo International received court approval earlier this week for its reorganization plan, over 18 months after the company filed for Chapter 11 bankruptcy protection,…
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Understanding the Complexities of Rite Aid’s Journey from Success Story to Bankruptcy
Recently the new Rite Aid CEO Jeffrey Stein warned retail landlords that more store closings are likely as the drugstore chain goes through Chapter 11…
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Struggling with Opioid Litigation Settlements, Malvern-based Endo International Files for Bankruptcy
After struggling with the debt incurred due to opioid litigation settlements, Endo International, the Ireland-based pharmaceutical company with U.S. headquarters in Malvern, has filed for…
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