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Gym Chain With Four Arizona Locations Declares Bankruptcy
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Gym Chain With Four Arizona Locations Declares Bankruptcy

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Gym Chain With Four Arizona Locations Declares Bankruptcy

The coronavirus pandemic has caused an upheaval in the United States economy, with one of the biggest victims being the fitness industry. State mandates closing gyms for weeks earlier in the year, as well as continued pandemic restrictions and reduced clientele due to health concerns have all but decimated fitness-related businesses like gyms, supplement retailers, and more. The latest fitness chain to seek the protections of Chapter [...]

michael2021-02-19T18:30:55+00:00

XFL Has New Owner
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XFL Has New Owner

bankruptcy blog

XFL Has New Owner

Dwayne “The Rock” Johnson Purchases XFL from Former Boss Vince McMahon in Bankruptcy Sale Dwayne “The Rock” Johnson has been able to leverage his wrestling career into A-lister status, starring in blockbusters like Jumanji, Moana, and Baywatch. Even though it may be partially or fully thanks to WWE CEO Vince McMahon, that didn’t stop Johnson from buying his former employer’s failed football league in a recent Chapter [...]

michael2021-02-19T18:32:12+00:00

Chandler Fashion Center’s Nordstrom is Closing
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Chandler Fashion Center’s Nordstrom is Closing

bankruptcy blog

Chandler Fashion Center’s Nordstrom is Closing

The spread of coronavirus has caused businesses of all kinds to shut their doors, leaving their employees furloughed or laid off. Some of the stores being hit the hardest are brick-and-mortar fashion retailers. Millions of Americans are struggling financially, and self-isolation activities don’t exactly warrant a fashionable new wardrobe. Despite Arizona allowing businesses to reopen earlier than many other states, stores haven’t been immune to the mass [...]

michael2021-02-19T18:33:04+00:00