Uncategorized

Home/Uncategorized

Chuck E. Cheese bankruptcy

In keeping with our monitoring of corporate bankruptcy filings in Wisconsin and elsewhere during the Covid 19 pandemic, there is another one to report. CEC, the parent company of Chuck E. Cheese, has filed for chapter 11 bankruptcy protection. We have plenty of Chuck E. Cheese restaurants around Wisconsin. Or at least we did. Attorney [...]

By |2020-07-31T03:14:50+00:00July 31st, 2020|Uncategorized|0 Comments

Pizza Hut, Wendys….and bankruptcy?

Attorney Steven Zaleski has represented a number of individuals and small business owners who have been involved in the restaurant business in Madison and southern Wisconsin. It is indeed a tough business. Just how tough? Recently, NPC International, the largest franchisee of Pizza Hut and Wendys restaurants, has filed for bankruptcy under chapter 11 of [...]

By |2020-07-15T00:27:04+00:00July 15th, 2020|Uncategorized|0 Comments

Pier One Imports files for bankruptcy

In continuing to observe retailers here in Wisconsin and across the country seek bankruptcy protection in light of the Covid 19 pandemic, there is another company to talk about. Pier 1 Imports. Yep. You have no doubt seen Pier 1 throughout Wisconsin cities especially in bigger markets. I know Madison has a couple. I think [...]

By |2020-06-26T00:53:09+00:00June 26th, 2020|Uncategorized|0 Comments

Neiman Marcus files for bankruptcy

I don't think we have a Neiman Marcus in Madison, Wisconsin or perhaps even in Southern Wisconsin. But Neiman Marcus is a well known, century old luxury retailer. It sells a lot expensive items, usually in upscale markets or big cities. Well, Neiman Marcus has apparently joined the ranks of retailers who have been claimed [...]

By |2020-06-09T00:00:25+00:00June 9th, 2020|Uncategorized|0 Comments

JC Penney Files For Bankruptcy

Again, not Wisconsin bankruptcy news, or Madison bankruptcy news, but big bankruptcy news nonetheless. As we know, Corona virus and Covid 19 has been causing a lot of financial damage to both individuals, small businesses, and large ones alike. The media is now reporting that JC Penney has filed for bankruptcy protection. Apparently, the retailer [...]

By |2020-05-19T04:18:23+00:00May 19th, 2020|Uncategorized|0 Comments

J Crew Files For Bankruptcy

Not necessarily Wisconsin bankruptcy news, or Madison, Wisconsin bankruptcy news, but it is worth noting that another national retailer has filed for bankruptcy.  J Crew is the first national retailer to file bankruptcy since the coronoa virus or Covid 19 outbreak. The bankruptcy was apparently filed in Virginia. The Zaleski Law Firm is already taking [...]

By |2020-05-15T18:46:48+00:00May 15th, 2020|Uncategorized|0 Comments

Milk…Bankruptcy…and Wisconsin

In November, the largest milk producer in the country filed for Chapter 11 bankruptcy protection.  In January, Borden Dairy Co., the second largest producers also sought bankruptcy protection. It is reported that Borden, which is based in Dallas, owes between $100 and $500 million to about 5000 creditors. Unlike a Chapter 7 bankruptcy, a Chapter [...]

By |2020-03-24T03:01:52+00:00March 24th, 2020|Uncategorized|0 Comments

Boy Scouts of America file for bankruptcy

Various medial outlets are reporting that the Boy Scouts of America organization has filed for bankruptcy protection. The group has filed a Chapter 11 bankruptcy apparently in the hope of dealing with a deluge of lawsuits brought by sexual assault victims. CNN reports "hundreds" of lawsuits from across the country. It is unclear how many [...]

By |2020-02-21T02:13:33+00:00February 21st, 2020|Uncategorized|1 Comment

More corporate bankruptcies

Since Shopko is quite a large retailer here in Wisconsin, I previously wrote a little about its recent bankruptcy. I also noted the bankruptcy of Forever 21 another mall-type retailer.  Just for further information, here are some other retailers who have sought bankruptcy protection in the past five years or so: American Apparel, Delia, Aeropostale, [...]

By |2019-12-01T01:20:08+00:00December 1st, 2019|Uncategorized|0 Comments