CRUSH Alerts 2.0 - New Fortune 1000 Bankruptcy Filing Announcements

Electro Rent to Acquire Leading Electronic Test Equipment Provider, Telogy

Thursday March 18th 2010 01:43:00 PM

VAN NUYS, Calif.--(BUSINESS WIRE)--Electro Rent Corporation (NASDAQ:ELRC) today announced it is the winning bidder to acquire the assets of privately held Telogy, LLC, a leading provider of electronic test equipment that filed for bankruptcy protection earlier this year, for a stated purchase price of approximately $26.7 million in cash. The purchase price will be adjusted based on changes in Telogy’s net accounts receivable, equipment purchases and equipment sales since September 30, 2009

Hagood Reserve files Chapter 11

Thursday March 18th 2010 12:30:57 PM

The developer of an upscale condo and townhome development in south Charlotte has put the project into Chapter 11 bankruptcy protection from creditors.

Bluffs at Brush Creek apartment project in Kansas City files bankruptcy

Thursday March 18th 2010 12:11:40 PM

Tailor Made Enterprises LLC of Lee?s Summit has petitioned for Chapter 11 bankruptcy protection for its Bluffs at Brush Creek apartment project in Kansas City.

S&P cuts Blockbuster to 'CC,' outlook negative

Thursday March 18th 2010 10:57:32 AM

SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services on Thursday downgraded Blockbuster Inc.'s corporate credit rating to a "most speculative" grade of CC from CCC. "The CC rating indicates that, in our opinion, Blockbuster is highly vulnerable to default," said S&P in a statement. The move comes after the company indicated in a 10-K filing that it may file for Chapter 11 bankruptcy protection. The outlook is negative. Shares of Blockbuster were down 7.5% to 26 cents.

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Signature Jewelers files for bankruptcy protection

Thursday March 18th 2010 10:52:24 AM

A Nashville-area jewelry store has filed for Chapter 11 bankruptcy protection.

Anthracite Capital Files for Chapter 7

Wednesday March 17th 2010 02:03:01 PM

NEW YORK CITY-The REIT, which was externally managed by a unit of BlackRock, had been delisted from the New York Stock Exchange in December.

Summary Box: Blockbuster shares down after warning

Wednesday March 17th 2010 02:02:55 PM

THE WARNING: Blockbuster Inc. says in a regulatory filing that it may have to file for Chapter 11 bankruptcy protection.

Shares of Blockbuster tumble after warning it may need to file for bankruptcy protection

Wednesday March 17th 2010 01:52:00 PM

The Canadian Press - NEW YORK - Shares of Blockbuster Inc. sank 30 per cent Wednesday after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection in the U.S.

Blockbuster may file for bankruptcy; shares fall

Wednesday March 17th 2010 12:24:00 PM

Blockbuster says in a regulatory filing that it will likely file for bankruptcy if it is unable to address its debt load.

Blockbuster shares tumble after bankruptcy warning

Wednesday March 17th 2010 12:21:26 PM

Shares of Blockbuster Inc. sank 30 percent Wednesday after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection.

Blockbuster Reportedly Mulling Chapter 11 Bankruptcy

Wednesday March 17th 2010 09:28:31 AM

Now that anyone with high speed Internet and/or cable or telco television service can order just about any movie or television program they want, on-demand -- not to mention the ability to have DVD movies delivered to your mailbox via services such as NetFlix, as well as the increasing prevalence of video kiosks -- what's the point in getting in your car and driving to get a rental DVD movie from a retail outlet?

Shares of Blockbuster tumble after company warns it may need to file for bankruptcy protection

Wednesday March 17th 2010 09:13:00 AM

The Canadian Press - NEW YORK - Shares of Blockbuster are sinking by more than 30 per cent after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection.

DuBois & Son files Chapter 7

Wednesday March 17th 2010 07:21:50 AM

Citing $27 million in debts, DuBois & Son LLC, Palm Beach County pepper growers for 75 years, has filed for Chapter 7 bankruptcy.

Interactive Motorsports' Subsidiary Files for Reorganization

Tuesday March 2nd 2010 06:48:00 AM

INDIANAPOLIS, IN--(Marketwire - March 2, 2010) -  Interactive Motorsports and Entertainment Corporation (PINKSHEETS: IMTS) announced today that its wholly owned and primary operating company, Perfect Line, Inc., has filed for Chapter 11 bankruptcy protection. The company intends to present a plan of reorganization in the months ahead.