Skip to content

#bankruptcy

20 ARTICLES

July 15, 2024
The Roller-Coaster Ride of Fisker Inc.
Designer Henrik Fisker's first EV venture went bankrupt despite the Karma hybrid; his Fisker Inc. comeback again faced e
July 10, 2024
Navigating the Era of Zombie Firms: An Economic Epidemic
At least 10% of US-listed companies are zombie firms that cant cover debt costs from profits, surviving on cheap credit
March 22, 2024
The Converse Chronicles: How Chuck Taylor Survived Bankruptcy
How Converse, maker of the Chuck Taylor All-Star, weathered three bankruptcies through diversification, endorsements, an
March 22, 2024
GNC: A Cautionary Tale of Financial Missteps
GNC peaked at 9,000 stores by 2015 on strong vendor ties and in-house products, then crushing debt and missteps drove it
March 21, 2024
Reviving a Struggling Brand: Lessons From Chuck E. Cheese
Chuck E. Cheese's repeated bankruptcies, from the 1983 video game crash onward, offer hard lessons in reviving a once-do
March 19, 2024
Party City: The Rise and Fall of the Party Supply Giant
Steve Mandell launched Party City in 1986, betting big on Halloween and franchising to 258 stores, before debt and misst
March 15, 2024
The Downfall of Texaco: A Hostile Takeover Gone Wrong
Texaco, the world's sixth-largest company, drove itself toward bankruptcy by grabbing Getty Oil amid a family feud in a
March 11, 2024
Circuit City: Rise, Fall, and Lessons Learned
Circuit City rode the TV boom to electronics-superstore dominance, then collapsed in 2008 after the costly DivX flop and
March 10, 2024
The Kodak Paradox: How the Photography Pioneer Missed the Picture
Kodak invented the digital camera in 1975 but treated it as a side project, clinging to film until bankruptcy ended its
March 9, 2024
Eike Batista: From Brazil's Richest to Bankruptcy
Eike Batista built a $35 billion fortune across mining, oil, and logistics before his overleveraged EBX empire collapsed
March 6, 2024
The Fall of FTX: A Cautionary Tale for Crypto Investors
How a $32 billion crypto exchange collapsed into bankruptcy, the FTT token red flags, Alameda Research, and the ripple e
February 25, 2024
Hostess: From Bankruptcy to a Sweet Comeback
Stuck with outdated equipment and labor disputes, Hostess collapsed in 2012-a cautionary tale of failing to adapt before
February 16, 2024
Church's Chicken: Rise, Fall, and Resurgence
Founded in 1952 San Antonio, Church's Chicken grew to 1,500 locations targeting urban markets, hit 1991 bankruptcy, then
February 15, 2024
The Rise and Fall of Hertz: A Corporate Cautionary Tale
Hertz dominated car rentals from 12,000 locations with 76% of business at airports, but debt and pandemic shutdowns forc
February 14, 2024
Guitar Center: The Highs and Lows of a Retail Giant
From the British Invasion to a 2020 bankruptcy, Guitar Center's story shows how adaptability and debt shape a retailer's
February 13, 2024
Behind iHeartRadio's Bankruptcy: Lessons for Pros
iHeartRadio owned 858 stations yet filed for bankruptcy, undone not by streaming rivals but by crushing debt from a leve
February 5, 2024
The Rollercoaster Journey of Six Flags
Born from a 1950s Texas real estate gamble, Six Flags drew a million visitors in year one and survived repeated ownershi
January 25, 2024
Sean Quinn: Ireland's Richest Man to Bankruptcy
Sean Quinn built a $6 billion conglomerate from a family gravel pit spanning cement, glass, and insurance, only to crash
January 11, 2024
NIO's Rollercoaster: From Near Bankruptcy to Recovery
Chinese EV maker NIO burned $440M in Q3 2021 and faced near bankruptcy before raising $2B. The story of founder William
October 6, 2023
Chuck E. Cheese: From Arcade Giant to Near-Extinction
Atari founder Nolan Bushnell's pizza-and-arcade dream became a birthday empire, then weathered legal battles, the video