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BNET Business Dictionary
- Bankrupt
- a person or corporation that has been declared by a court of law as unable to meet their financial obligations
- Bankrupt definition on BNET »
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- Wallstrip: Auto Bailout
- Does the auto industry deserve a bailout?
- Videos 2008-12-12
- Auto Bailout
- Does the auto industry deserve a bailout?
- Videos 2008-12-12
- Remaking Auto Companies
- To get more government money, automaker companies must remake their company from top to bottom. The White House administration asked one of the Big Three's CEOs to step down. Joel Brown reports.
- Videos 2009-03-30
- Bankruptcy Looms Over Detroit
- The stress level has intensified for heavyweight U.S. automakers. Chrysler awaits almost certain bankruptcy, as GM and Ford face increasingly bleak outlooks for the near future. Priya David reports.
- Videos 2009-04-25
- GM, Chrysler Slash Brands
- General Motors and Chrysler are cutting deeper than ever as the automakers fight for last minute survival. The automaker is phasing out the brand in order to survive. Alexis Christoforous reports.
- Videos 2009-04-26
- Chrysler Files For Bankruptcy
- Amidst ongoing speculation, the once-massive U.S. auto industry giant Chrysler has officially filed for Chapter 11 bankruptcy proceedings. Anthony Mason reports on the fiscal turmoil in Detroit.
- Videos 2009-04-30
- 'Ch. 11 Good For Business'
- Despite dismal car sales for the month of April and the recent announcement of bankruptcy, Chrysler dealerships around the nation are optimistic about the future. Ben Tracy reports from Los Angeles.
- Videos 2009-05-01
- Ford Speeds Up Green Research
- While General Motors and Chrysler are scaling back in the face of record losses, Dean Reynolds reports that major U.S. automaker Ford will be investing in studying green technology.
- Videos 2009-05-08
- Some Welcome GM Bankruptcy
- Despite the announcement of bankruptcy, some General Motors employees have actually embraced the recent Chapter 11 filing. Dean Reynolds reports on the reasons behind their relief.
- Videos 2009-06-01
Additional Resources
- Serial bankrupt imprisoned.
- M2 PRESSWIRE-10 June 2004-UK Government: Serial bankrupt imprisonedC1994-2004 M2 COMMUNICATIONS LTD RDATE:06102004 A serial bankrupt, who refused to stop running companies, has been jailed for six months following a DTI prosecution. Christopher Raymond Traverse, 62, of Streetbrook Road, Shirley,...
- Research articles 2004-06-10
- Bankrupt Firms Three Times As Likely for SEC Probes: Deloitte
- As "bankruptcy" becomes the moniker for late 2008, here's a revealing report by Deloitte Forensic Center. Their conlcusion: firms that file for bankruptcy are up to three times more likely to be probed for wrongdoing by the U.S. Securities & Exchange Commission. Such alleged ill-doing included asset...
- Blog posts 2008-12-03
- Assets Of Bankrupt Companies Are Usually Sold 'As Is, Where Is'
- From the executive summary: ‘There are four words that carry a lot of weight when an individual is thinking about buying the assets of a bankrupt company; as is, where is. The assets of bankrupt companies are almost always sold as is, where is. Anyone who plans to buy and...
- White papers 2002-01-18
- Judge schedules July sale of bankrupt Sycamore Slip. (bankrupt Cleveland marina)
- Judge schedules July sale of bankrupt Sycamore Slip A bankruptcy judge is scheduled to hold a hearing early next month to sell the Sycamore Slip, a Cleveland marina which sank into Chapter 11 bankruptcy status nearly two years ago and twice failed toJudge schedules July...
- Research articles 1988-06-27
- Detroit 3 Fight Bankrupt Rumors, But Credibility Slip is Showing
- Detroit 3 Fight Bankrupt Rumors, But Credibility Slip is ShowingRE: Detroit 3 Fight Bankrupt Rumors, But Credibility Slip is ShowingIssues like this can really bump small automakers downwards as people perceive small automakers less credible than their big counterparts. I just hope everything will be settled for Detroit 3 and...
- Discussion threads 2008-10-21
- Who Will Buy Bankrupt Ethanol Maker Aventine?
- Bankrupt ethanol producer Aventine Renewable Energy is no longer tying up all its effort and hopes into recapitalization. Company leaders obviously aware of the massive hurdles it faces, has put its business up on the public selling block. Will another oil refiner, like Valero Energy, jump into the biz and buy...
- Blog posts 2009-05-28
- Bid for Loral could crimp Ergen rivals.(Satellite)(EchoStar Communications Corp. makes a $1.85 billion play for bankrupt Loral Space & Communications Ltd.)
- EchoStar Communications Corp. made a $1.85 billion play for bankrupt Loral Space & Communications Ltd. last Wednesday, a move some saw as an effort by the direct-broadcast satellite giant to delay construction of at least one bird for rival Dir EchoStar Communications Corp. made...
- Research articles 2003-10-13
- Snack food franchise promoter declared bankrupt.
- Oct 10, 2006 (Food Week - ABIX via COMTEX) -- The Australian Competition & Consumer Commission ACCC has been in successful in its efforts to have Bon Levi declared bankrupt. Levi, who has previously been convicted for fraud, was found in 2005 Oct 10,...
- Research articles 2006-10-10
- The unfriendly skies; Employee retirement benefits in jeopardy at bankrupt UAL Corp.(News)
- Byline: Vineeta Anand and Barry Burr ELK GROVE TOWNSHIP, Ill. - UAL Corp. might be destroying the retirement prospects of thousands of its employee shareholders in an effort to save their jobs. The bankrupt airline's action, which pits federal p Byline:...
- Research articles 2002-12-23
- Marriott International, Bethesda, Maryland, and Los Angeles-based Financial Capital Investment Co. are bidding on the bankrupt Aladdin hotel-casino in Las Vegas. (North America).(Brief Article)
- Marriott International, Bethesda, Maryland, and Los Angeles-based Financial Capital Investment Co. are bidding on the bankrupt Aladdin hotel-casino in Las Vegas. Marriott intends to invest US$25 million in the hotel, giving the ... Marriott International, Bethesda, Maryland, and Los Angeles-based Financial Capital Investment...
- Research articles 2003-07-01
- Enron: Enron goes bankrupt
- ENRON WENT bankrupt in early December, buried in debt, mired in controversy and embroiled in a bitter legal battle with erstwhile merger partner Dynegy.ENRON WENT bankrupt in early December, buried in debt, mired in controversy and embroiled in a bitter legal battle with erstwhile merger partner Dynegy.
- Research articles 2002-01-01
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