PYMNTS
JULY 24, 2020
The retailer said it filed a motion in United States Bankruptcy Court for the District of Delaware to receive the go-ahead for the asset purchase deal with SPARC. The deal is subject to court approval as well as any higher or more attractive potential bids as part of the retailer’s continuing auction process.
PYMNTS
JANUARY 8, 2020
Retail chain Forever 21 , now in the final stages of bankruptcy, was sued by an Alabama mall owner who said the company misrepresented critical sale projections, according to published reports Tuesday (Jan. The retailer added the filing violates an automatic stay halting certain actions by creditors during a bankruptcy filing.
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PYMNTS
JULY 6, 2017
While the retail industry is undergoing a digital revolution, many merchants are feeling financial pressure. One of the latest retailers to file for Chapter 11 bankruptcy protection is high-end denim company True Religion Apparel. The premium denim retailer recently announced plans to file in the District of Delaware U.S.
PYMNTS
AUGUST 12, 2019
The company specialized in monthly fan boxes filled with shirts, gear and gadgets for the sci-fi and gaming culture, Chief Restructuring Officer Stuart Kaufman said in a court declaration filed in Wilmington, Delaware. Court papers show the company had more than 250,000 recurring subscribers, the news outlet reported.
PYMNTS
NOVEMBER 26, 2019
Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.
PYMNTS
NOVEMBER 26, 2019
Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.
PYMNTS
JUNE 28, 2019
Securities and Exchange Commission (SEC), as cited by the report. The Prime Unicorn Index discovered a Delaware stock authorization filing, and it was reported at the time that there wasn’t a guarantee that The RealReal would sell the full amount of shares. IBISWorld Pty Ltd.
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