As bankruptcies overall rose, streamlined small business bankruptcies were up almost a quarter in July from filings in the same month last year — but down compared to June of this year, according to new data.
A group of attorneys from Akin Gump Strauss Hauer & Feld LLP is representing the official committee of unsecured creditors of video distribution entities owned by EchoStar Corp., including Dish Wireless LLC, as the company seeks to approve its prepackaged reorganization plan.
Food chain Salad and Go plans to shut down in bankruptcy after a parasite outbreak linked to raw lettuce caused a dip in sales for the already financially strained business. An investment firm is looking to complete its wind-down in Chapter 11 and fend off an involuntary Chapter 7 petition. And an Ohio university filed for Chapter 11 to close down after years of operating losses.