Tag Archives: iab-bankruptcy

Party City files for bankruptcy

[ad_1] New York CNN  —  Party City filed for bankruptcy protection Tuesday after years of losses and weak sales. The largest party goods and Halloween specialty retail chain in the United States said in a regulatory filing that it reached an agreement with debtholders to cut its $1.7 billion debt …

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Bankruptcy worries swirl around used car retailer Carvana

[ad_1] New York CNN  —  Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst’s call that slashes its share-price target to $1. In mid-afternoon trading, Carvana, best known for its auto vending machine concept, stands at about …

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