{country_name} ↓ TRANS_MENU
Choose your location:
My coverMy coverMy cover

What's happening now?

Login Login with Facebook
Incorrect user or password!
1

Sports Sports Authority gives up hope of survival, will go to auction

Sports Authority has abandoned hope of reorganizing and exiting bankruptcy and instead will count on buyers to save parts of its sprawling retail chain, company lawyer Robert Klyman told a judge Tuesday."It has become apparent that the debtors will not reorganize under a plan but instead will pursue a sale," Klyman told Judge Mary Walrath at a hearing in the U.S.
The Denver Post
27/04
22 Points
1

Sports Authority pushes back bankruptcy auction amid high interest

Amid the bankruptcy process, Sports Authority butted heads with some of its suppliers. has pushed back the date for a planned bankruptcy auction amid "substantial" interest from several potential bidders, a company lawyer said Thursday. Martorana said the extended sale schedule was a concession to landlord concerns that a chain of 464 stores was being dismantled too quickly.Sports Authority employed about 13,000 people at the time it filed for bankruptcy in March.
The Denver Post
14/04
17 Points
Ad
Ad
Ad