Posts Tagged ‘chapter 11 bankruptcy’

Kodak shares plunge on report company might seek bankruptcy protection

Linda Young – AHN News Writer Rochester, NY, United States (AHN) – Eastman Kodak Co. stock shares plunged 28 percent in value on speculation that the 131-year-old photography company is preparing to seek bankruptcy protection. Kodak once ranked among America’s largest corporations. The former blue chip company once attracted engineers, scientists and Ph.D.’s from around […]

Nevada’s Ahern Rentals files Chapter 11 bankruptcy

Ahern Rentals Inc., a Nevada-based national construction equipment supplier hit hard by the recession, filed a Chapter 11 bankruptcy case Thursday in U.S. Bankruptcy Court in Reno to reorganize more than $500 million in debt. View full post on Business Stories