Karmaloop Inc. files Chapter 7 Karmaloop Inc., the major web-based streetwear retailer headquartered in Boston, recently announced that it had received approval from the Bankruptcy Court to convert its Chapter 11 bankruptcy case to a Chapter 7 liquidation proceeding. According to a Law 360 report, the company will now face the liquidation of all its remaining […]
Choppy waters for Star Group Communications Star Group Communications, the largest female-owned marketing agency in the U.S., announced recently that its creditors are seeking to force the company into Chapter 7 bankruptcy protection. According to the Philadelphia Business Journal, the New Jersey-based company had closed down after 30 years of operation. Star Group’s creditors pushed […]
On Sept. 30, Interphase Corporation, a major information and communications technology company, announced that it had voluntarily filed for Chapter 7 bankruptcy protection. On Sept. 30, Interphase Corporation, a major information and communications technology company, announced that it had voluntarily filed for Chapter 7 bankruptcy protection. According to a Street Insider report, the company has […]
On Sept. 14, Endeavour International Corp., an oil and gas exploration company, announced that it had submitted a bid to have its Chapter 11 bankruptcy case thrown out. According to Law 360, the move came as part of a “structured dismissal” under which Endeavour will transfer the bulk of its business assets to a group […]
