Editor’s Pick Detroit just filed the largest city bankruptcy in the history of the United States. And that’s a great thing, according to the growing and vital cadre of startups that helping to repopulate its downtown core.
The auction process for THQ’s game studios has ended.
THQ auctioned off its properties and assets today as ordered by Delaware bankruptcy court.
THQ’s bid for a quick bankruptcy process isn’t turning out to be so quick.
The company says it will continue operating.
Kodak, the beleaguered company that invented the handheld camera, is slashing its product lines in an attempt to survive a rapidly changing consumer electronics landscape.
Finding a Blockbuster near you will become even harder in the near future. Dish Network Corp, which purchased the video-rental retail chain last year, made a statement Thursday saying more of the retail stores would be closing down in the U.S. than originally planned.
After 131 years of innovating the photography industry, Eastman Kodak is reportedly preparing for a Chapter 11 bankruptcy protection.
Borders, the second-largest chain of book stores, announced that it will close its 399 remaining retail locations after failing to sell to another company, reports the Wall Street Journal.
TerreStar Networks on Wednesday revealed that Dish Network had placed an opening bid of $1.38 billion for the ailing telecommunications company’s assets through a bankruptcy auction, according to Reuters. TerreStar has operated under bankruptcy protection since Oct. 19.
Guest Post (Editor’s note: Scott Edward Walker is the founder and CEO of Walker Corporate Law Group, PLLC, a law firm specializing in the representation of entrepreneurs. He submitted this column to VentureBeat.)
Brick-and-mortar movie and game rental chain Blockbuster has told major Hollywood studios that it’s preparing to file for bankruptcy next month despite several pushes to expand into online and kiosk services, the Los Angeles Times reports.