COMPANIES Partners of Laventhol & Horwath voted to disband the firm and seek Chapter 11 bankruptcy protection, former partners said.
SafetyTips.com, a site that specializes in safety consulting and training, may be near a deal to buy APBNews.com, a faltering Web site covering crime, justice and safety that sought Chapter 11 federal bankruptcy protection last month.
Businessland Inc., once considered the nation's premier retailer of personal computers, said today that it had been cut off by one of its key lenders and might have to seek Chapter 11 bankruptcy protection.
In 2000, Huntington defaulted on payments to some of its creditors which filed a court petition seeking involuntary Chapter 7 bankruptcy.
In March 2002, 27 Shilo Inns sought voluntary Chapter 11 reorganization protection, due to adverse effects on the travel industry stemming from the September 11 terrorist attacks.
If anything, some producers said, seeking Chapter 11 protection was long overdue.
Genzyme acquired several of Impath's laboratories and cancer-testing technologies in May 2004, after Impath sought Chapter 11 bankruptcy protection.
Because of continuing pressures upon the company, and difficulty finding investors, it sought bankruptcy protection under French law in January 2013; its subsidiaries in the United States have sought Chapter 11 bankruptcy protection there as well.
No Benefits for Standard's Workers The decision by the company that owns The Industry Standard to close the magazine and seek Chapter 11 bankruptcy protection leaves about 175 employees without severance pay or health benefits.
In 1992 Key Air was sold by World Airways and by then the financial situation was difficult; service had to be cut back and aircraft disposed of and by 1993 the company sought Chapter 11 bankruptcy protection.
