J.Crew owed $1.7 billion in debt. Before the filing, private equity moved the brand offshore. The creditors got what was left.
Netflix offered to sell itself for $50 million. Blockbuster laughed them out of the room. What happened next took fifteen years.
Fraudulent conveyance is the legal mechanism that lets bankruptcy courts reach back in time and claw assets back. Here is how it works—and how executives get caught.
Ryan Cohen took a large position in Bed Bath & Beyond. Pumped it. Sold everything in two days. Eighteen months later the stock was worthless.
Eddie Lampert ran Sears into the ground. Then he bought the buildings through a company he controlled. The creditors got what was left.
This is the playbook. Loan to own. Here's exactly how it works.
Hertz filed for bankruptcy owing $19 billion.Then retail investors made it a meme stock.This is what actually happened.
KKR and Bain didn't kill Toys R Us. They just made sure someone else would pay for it.
The biggest startup collapse in history. Here's who saw it coming.
