BP Clothing Files for Bankruptcy

BP Clothing, the former Baby Phat apparel line licensee has filed for chapter 11 bankruptcy protection. The Los Angeles apparel company, which is located in Commerce California, held the license to produce the celebrity endorsed Baby Phat clothing line for stores such as; Walmart, and JcPenny until recently. Scott London, Steven Feiner, and investment company […]

Los Angeles Bankruptcy Attorney

Like many other lawyers in the Los Angeles California area, a great deal of my clients are filing for bankruptcy. Bankruptcy filings are on the rise, not only in Los Angeles, but all over the U.S. Every day in Los Angeles new businesses are formed. Unfortunately, in our current economical climate, many businesses are also […]

American Airlines AMR Bankrupcty

The parent company of American Airlines and American Eagle, has filed for Chapter 11 bankruptcy in New York. American Airlines, the nation’s third largest carrier, cited high labor costs, surging fuel prices, and a volatile economy as their reasons for filing bankruptcy. AMR, which employs 88,000 people, is hoping to restructure their debts with their […]

Dallas Stars Bankruptcy

The NHL hockey team the Dallas Stars has won court approval for its bankruptcy reorganization. The team filed for bankruptcy protection September 15 this year. The Dallas Stars will be sold for $265 million to Vancouver businessman Tom Gaglardi. The sale of the team will eliminate hundreds of millions of dollars of unpaid debts. U.S. […]

The Biggest Municipal Bankruptcy in U.S. History

The biggest municipal bankruptcy in American history was filed Wednesday by Alabama’s Jefferson County. The county, which is the home of Birmingham, Alabama’s biggest and most economically powerful city, has been struggling with its debts for years. After a closed door meeting that went on for two days, county commissioners voted 4-1 to declare bankruptcy. […]

Dippin Dots Bankruptcy

The self-described “ice cream of the future,” Dippin’ Dots Inc., has filed for Chapter 11 bankruptcy protection. For more than a year, the company has been fighting off foreclosure efforts from Regions Bank. However, the future of ice cream is having trouble staying afloat. Dippin’ Dots manufactures specialty ice cream products, which are primarily sold […]

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