Larry Bellomo Law Offices
True Religion Emerges from Bankruptcy with High Hopes
January 28, 2018According to an October 27, 2017, announcement, the Los Angeles jeans company, True Religion, exited Chapter 11 bankruptcy with about $357 million less debt, debt maturities extended, cash to implement a growth plan and a positive outlook for the future. The company emerges with a ...
January 28, 2018According to an October 27, 2017, announcement, the Los Angeles jeans company, True Religion, exited Chapter 11 bankruptcy with about $357 million less debt, debt maturities extended, cash to implement a growth plan and a positive outlook for the future. The company emerges with a ...
African Americans caught bankruptcy system cycle
December 23, 2017The 32-year-old mother entered the high rise in downtown Memphis as a memory tugged at the far corners of her mind. Suddenly, it came to her. She had been in this very building with her own mother for the same purpose — to file bankruptcy.She anguished over the decision but a ...
December 23, 2017The 32-year-old mother entered the high rise in downtown Memphis as a memory tugged at the far corners of her mind. Suddenly, it came to her. She had been in this very building with her own mother for the same purpose — to file bankruptcy.She anguished over the decision but a ...
Toys “R” Us seeks bankruptcy protection
December 4, 2017Another retailer, Toys “R†Us, sought Chapter 11 bankruptcy protection on September 18, 2017. The store joins a growing list of brick-and-mortar retailers that has succumbed to the pressures of long-term debt, which they listed at more than $5 billion.The parent company owns ...
December 4, 2017Another retailer, Toys “R†Us, sought Chapter 11 bankruptcy protection on September 18, 2017. The store joins a growing list of brick-and-mortar retailers that has succumbed to the pressures of long-term debt, which they listed at more than $5 billion.The parent company owns ...
Payless ShoeSource fighting to survive after bankruptcy
November 6, 2017Payless ShoeSource has eliminated half of its $847 million in debt and is moving forward with plans to open new stores in Latin America, including 22 in Nicaragua, the Dominican Republic, and Peru, as well as venturing into new markets in Asia. As one of the largest stores to ever ...
November 6, 2017Payless ShoeSource has eliminated half of its $847 million in debt and is moving forward with plans to open new stores in Latin America, including 22 in Nicaragua, the Dominican Republic, and Peru, as well as venturing into new markets in Asia. As one of the largest stores to ever ...
