Chapter 11, Title 11, United States Code

  1. Borders' Chapter 11: What Impact Will It Have On The Music Business?

    February 16, 2011 6:34 PM EST The Borders Group's Chapter 11 filing shouldn't have too much of an impact on the music industry in general: Over the last two years the Ann Arbor-based merchant has made deep cuts in its music commitment. But it will have a big impact o ...

  2. Borders Files Chapter 11, To Close 200 Stores

    February 16, 2011 8:00 AM EST Borders Group is filing for Chapter 11 bankruptcy reorganization after a long struggle to stay afloat as the book and music businesses changed beneath its feet. The 40-year-old company plans to close about 30 percent of its stores, or about 200, o ...

  3. Blockbuster To File For Bankruptcy This Week

    September 22, 2010 12:00 AM EDT Video rental giant Blockbuster is expected to file for Chapter 11 bankruptcy protection as early as today, the Wall Street Journal reported Wednesday, citing sources. Investor Carl Icahn, who owns about a third of the firm's senior debt, is p ...

  4. Buyer of CBGB Brand Files For Bankruptcy

    June 14, 2010 12:00 AM EDT The company that bought the right to market the name of the legendary New York City rock club CBGB has filed for bankruptcy. In its punk heyday, CBGB hosted acts such as the Ramones, the Talking Heads, Patti Smith and Blondie. The venue closed in ...

  5. Source Interlink Files 'Pre-packaged' Chapter 11

    April 28, 2009 12:00 AM EDT Source Interlink, which owns Alliance Entertainment, has filed a "pre-packaged" Chapter 11, that will wipe out current shareholders holders, see a consortium of banks led by Citigroup Global Markets, Inc. and J.P. Morgan Securities conve ...

  6. Muzak Files For Bankruptcy

    February 10, 2009 12:00 AM EST Muzak Holdings LLC, the maker of elevator music, filed for Chapter 11 bankruptcy protection Tuesday. The company had heavy debt load, and it filed to try to refinance some of its debt. Its total debt is between $100 million and $500 million and it ...

  7. Circuit City Says In Deal Talks With Two Parties

    January 09, 2009 12:00 AM EST Circuit City Stores Inc said on Friday that it was in deal talks with two parties that could either buy the bankrupt electronics chain or provide additional financing. Mexican retail and media mogul Ricardo Salinas Pliego, who has built up a stake ...

  8. Creditor Votes Due For Tower Records Plan

    July 17, 2007 12:00 AM EDT Creditor votes are due tomorrow on the Tower Records disclosure statement and the process plan. That plan calls for an impartial third party to be named as the sole administrator to decide disputes between the various creditor classes going forwar ...

  9. The Source Files for Bankruptcy

    May 01, 2007 12:00 AM EDT Source Magazine LLC and affiliate Source Entertainment Inc. have filed for Chapter 11 bankruptcy after dishonest business practices by former management caused the hip-hop media outlet's advertisers to flee, according to court papers. The com ...

  10. Tower Records Files For Bankruptcy

    August 21, 2006 12:00 AM EDT Tower Records filed a Chapter 11 petition in federal bankruptcy court yesterday (Aug. 20). The owners want the court to facilitate a prompt sale of their business "as a going concern" so that a buyer MTS Inc. and all of its subsidiaries, ...

  11. Judge Orders Bankruptcy Takeover Of Death Row

    July 10, 2006 12:00 AM EDT A federal judge on Friday (July 7) ordered a bankruptcy trustee takeover of Marion "Suge" Knight's Death Row Records, saying the record label has undergone gross mismanagement. A federal judge on Friday (July 7) ordered a bankruptcy ...

  12. 'Suge' Knight, Death Row File For Bankruptcy

    April 04, 2006 12:00 AM EDT Debts total more than $120 million. Marion "Suge" Knight Jr. and Death Row Records filed petitions for bankruptcy today (April 4) avoiding more than $120 million in debts and the threat of a California judge ordering a court officer to t ...

  13. Musicland Hoping For A Buyer

    January 13, 2006 12:00 AM EST Co. also preparing going-out-businesses sales. In first day (Jan. 13) motions in the Chapter 11 filing of the Musicland Group in the U.S. Bankruptcy Court for the Southern District of New York, it was revealed the company is up for sale with the g ...

  14. Tower Reorganization Gets Court Approval

    March 15, 2004 12:00 AM EST Tower Records' reorganization plan was approved today (March 15) by a bankruptcy court in Wilmington, Del., making the retailer's stay in Chapter 11 the shortest by a music-related company in more tha Tower Records' reorganization p ...

  15. Tower Reorganization Gets Court Approval

    March 15, 2004 12:00 AM EST Tower Records' reorganization plan was approved today (March 15) by a bankruptcy court in Wilmington, Del., making the retailer's stay in Chapter 11 the shortest by a music-related company in more tha Tower Records' reorganization p ...

  16. Retail Track

    February 09, 2004 12:00 AM EST Tower Records is heading towards a rare "pre-packaged" Chapter 11 bankruptcy by the end of February . Tower Records is heading towards a rare "pre-packaged" Chapter 11 bankruptcy by the end of February . News ...

  17. Retail Track

    February 09, 2004 12:00 AM EST Tower Records is heading towards a rare "pre-packaged" Chapter 11 bankruptcy by the end of February . Tower Records is heading towards a rare "pre-packaged" Chapter 11 bankruptcy by the end of February . News ...

  18. Retail Track

    February 09, 2004 12:00 AM EST Tower Records is heading towards a rare "pre-packaged" Chapter 11 bankruptcy by the end of February . Tower Records is heading towards a rare "pre-packaged" Chapter 11 bankruptcy by the end of February . News ...

  19. Update: Tower Turns To Chapter 11 Court

    February 05, 2004 12:00 AM EST When Tower Records heads into a Delaware bankruptcy court within the next week, the first motions it files are expected to be one that will convert bondholders into majority owners of the chain and on When Tower Records heads into a Delaware bankr ...