iPic Entertainment Files for Chapter 11 Bankruptcy

The luxury theatre chain iPic recently filed for chapter 11 bankruptcy protection and is looking for potential buyers. The company, which is currently led by a former executive of big-box mega theaters, Hamid Hashemi, has claimed that the delays in development and the high cost of capital as the chief reasons for their bankruptcy. Hamid […]
  • Vladimir Sumina
  • August 7, 2019
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Payless ShoeSource Joins List of Retailers Filing Chapter 11

It’s no secret that online shopping is taking brick and mortar stores by storm. In fact, in the race to obtain more customers, online retailers in the lead. This past year hasn’t been too good for a few stores, and now Payless ShoeSource has announced that it will be filing Chapter 11. Its name goes […]
  • Sharnita Sanders
  • April 6, 2017
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