According to an article in the Business Journal, Motorsports Authentics may be forced into Chapter 11 bankruptcy if it fails to win extensions needed to pay off royalties and to renegotiate contracts with various teams. Motorsports Authentics holds the rights to sell clothing, diecasts and other merchandise for many of the top drivers and teams [...]

According to an article in Reuters, credit markets are finally loosening for corporations who have filed Chapter 11 bankruptcy.  Many investors are taking a close look at investing in bankruptcy loans given to companies who have filed Chapter 11 bankruptcy as debtors in possession.
The article said:
“Several fund managers are going to investors for money [...]

According to an article in the Star-Telegram, Pilgrim’s Pride Corp. submitted a Chapter 11 bankruptcy reorganization plan to the bankruptcy judge as the first step in obtaining court approval for a sale of the company to Brazilian beef producer JBS SA.
The article said:
“The Pittsburg, Texas-based chicken producer filed its plan and a plain-English explanation of [...]

According to an article in Bloomberg, the number of wealthy Americans who filed Chapter 11 bankruptcy jumped 73 percent in the second quarter of 2009 from a year earlier.
The article said:
“More individuals or families with at least $1,010,650 in secured debt and $336,900 unsecured are using Chapter 11 of the U.S. bankruptcy code typically [...]