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bankruptcies

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    Putting It In Perspective: Largest bankruptcies in U.S. history displayed graphically
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    Click above to view Good Magazine's largest bankruptcies in U.S. history infographic
    The benevolent-minded folks over at Good Magazine have commissioned infographic specialists Always With Honor to give us a little perspective on America's recent rash of bankruptcies. Using the 'sinking ship' ...

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    TRUST successfully reorganized in Japan, GReddy in the U.S. churning along
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    This past September, Trust Co. LTD – the parent company of GReddy Performance Products in the U.S. – declared the Japanese equivalent of Chapter 11. According to a release from the aftermarket parts supplier, Trust has successfully completed the reorganization process (known in Japan as ...

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    Saab files for bankruptcy in Swedish courts, wants $1B
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    General Motors confirmed this morning that Saab's days as a part of the Detroit-based company are numbered. The Swedish brand has filed paperwork with courts in its home country for reorganization that would lead to its independence. This self-managed reorganization is analogous to the U.S. Chapter ...

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    POLL: Would you buy a car from a company in bankruptcy?
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    In recent weeks, the idea that one or all three of Detroit's automakers could end up filing for chapter 11 bankruptcy protection in the coming weeks or months has gained a lot of momentum. In theory, the advantage of chapter 11 is that it provides protection from creditors while the company is ...

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    Chrysler idles four plants after supplier goes bankrupt
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    UPDATE: Automotive News is reporting that all 14 of Chrysler's manufacturing plants could be shut down to the Chapter 11 bankruptcy filing of ex-supplier Plastech. Plastech supplied components like interior trim, engine covers, moldings, door panels, and floor consoles to Chrysler, Ford, GM, and ...

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