Tag Archive for: Tulsa

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Could a Second Wave of COVID-19 Cause More Businesses to File for Bankruptcy?

Industry experts are saying it’s likely.   The COVID-19 pandemic has pushed thousands of businesses past the point of no return. While some businesses shuttered and never reopened after government-ordered shutdowns were lifted,…
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Oklahoma, Chaparral Energy Files for Chapter 11 Bankruptcy After COVID-19 Pandemic Lowers Demand for Oil

While the COVID-19 pandemic has increased the need for reliable healthcare workers, it has caused the demand for oil and gas to decline. With fewer people traveling on commercial flights in an effort to help curb the spread of COVID-19, companies…
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Oklahoma, Stein Mart, Inc. May Close All of Its Brick-and-Mortar Stores After Filing for Chapter 11 Bankruptcy

The COVID-19 pandemic has pushed several large and small businesses into filing for bankruptcy and Stein Mart, Inc. has joined the growing list. On August 12, 2020, Stein Mart, Inc. announced that it voluntarily filed for Chapter 11 bankruptcy…
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Hertz Must Sell Nearly 200,000 Cars as a Part of its Chapter 11 Bankruptcy Deal

One of the advantages of filing for Chapter 11 bankruptcy is that it allows for a business to reorganize itself and pay its creditors over time. Rather than having to shut down all operations, a business is given the opportunity to stay alive…
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Tulsa, Oklahoma, Three Famous People Who Filed for Bankruptcy and Bounced Back

If you’re worried that filing for bankruptcy will hurt your reputation and harm your chances of being successful in the future, perhaps this article is for you. While no one dreams of ever having to file for bankruptcy, sometimes, the circumstances…
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Parent Company of New York & Co. Files for Chapter 11 Bankruptcy and Many Stores Could be Closing Because of It

New York & Co. has become a staple in shopping centers and malls across the U.S. Unfortunately, the women’s fashion retailer may no longer be a part of most mall directories in the coming months as all 400 stores could be closing. According…
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Retailer Lucky Brand Files for Chapter 11 Bankruptcy as a Result of the COVID-19 Pandemic

The COVID-19 pandemic has pushed yet another well-known company into filing for bankruptcy—Lucky Brand Dungarees LLC, according to USA Today. The company, which currently has about 200 Lucky Brand stores in North America as well as merchandise…
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Chuck E. Cheese Files for Chapter 11 Bankruptcy

Chuck E. Cheese opened its first location in 1977 in San Jose, California, and has managed to stay around ever since. The restaurant serves as a great place for families to go who want to celebrate a child’s birthday or a milestone in their…