Bankruptcy Case Studies
Hancock Fabrics, Inc. (Hancock) is a fabric retailer that filed bankruptcy on February 2, 2016. The Company offers fashion and home decorating textiles, sewing accessories, needlecraft supplies and sewing machines.
Wave Systems Corp. (Wave) filed for bankruptcy on February 1, 2016. The company is engaged in developing hardware-based computer security systems. Its products provide a set of solutions that focus on authentication, encryption and data-loss protection.
Walter Energy, Inc. filed bankruptcy on December 31, 2015.
It is a producer and exporter of metallurgical coal for the steel industry from underground and surface mines with mineral reserves located in the United States, Canada and the United Kingdom.
Swift Energy Company (Swift Energy), an independent oil and gas company engaged in developing, exploring, acquiring, and operating oil and gas properties, filed bankruptcy on December 31, 2015.
Magnum Hunter Resources Corporation (Magnum Hunter), an independent oil and gas company, filed bankruptcy on December 15, 2015.
American Apparel, LLC, formerly American Apparel, Inc., filed bankruptcy on October 5, 2015. The company is a vertically integrated manufacturer, distributor and retailer of branded fashions basic apparel and accessories for women, men, children and babies.
Samson Resources Corporation (Samson) is an independent oil and gas company that filed bankruptcy on September 16, 2015.
The company is engaged in the exploration, development and production of oil and natural gas properties located onshore in the United States.
Quiksilver, Inc. is a United States-based company that develops boardshorts and clothing for mountain and ocean lovers across the globe. It filed for bankruptcy on September 9, 2015.
Sabine Oil & Gas Corporation, formerly Forest Oil Corporation, is an independent oil and natural gas company that filed bankruptcy on July 15, 2015. The Company is engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties in North America.
Molycorp, Inc. is a rare earths producer that filed bankruptcy on June 25, 2015 . The Company operates in four business segments: Resources, Chemicals and Oxides, Magnetic Materials and Alloys and Rare Metals.
Local Corporation is a technology and advertising company that filed bankruptcy on June 23, 2015. It provides its search results to consumers who are searching online for local businesses, products and services.
Saratoga Resources, Inc. is an independent oil and natural gas company that filed bankruptcy on June 18, 2015.
The Company engaged in the production, development, acquisition and exploitation of crude oil and natural gas properties.
American Eagle Energy Corporation is an energy company that filed for bankruptcy on May 8, 2015.
Dune Energy, Inc. is an independent energy company that originally filed for bankruptcy on March 8, 2015. The Company engaged in the exploration, development, acquisition and exploitation of crude oil and natural gas properties, with interests along the Louisiana and Texas Gulf Coast.
Cal Dive International, Inc. (CDI) is a marine contractor that filed bankruptcy on March 3, 2015. The Company provides manned diving, pipelay and pipe burial, platform installation and platform salvage services to a diverse customer base in the offshore oil and natural gas industry.
RadioShack Corporation, now RS Legacy Corp., filed bankruptcy on February 5, 2015. The company is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain.