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3.6K views · 122 reactions | Embattled developer China Evergrande has filed for bankruptcy protection in a US court as part of one of the world's biggest debt restructuring exercises, as anxiety grows over China's worsening property crisis and a weakening economy https://reut.rs/45fJX6B | Reuters | Facebook
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91K views · 848 reactions | Saks Global has filed for Chapter 11 bankruptcy protection, not Chapter 7, which means it has too much debt to effectively run its business and is reorganizing under new owners, but it is not liquidating. What Does the Saks Bankruptcy Mean for Shoppers? #secretnyc #explorenyc #newyorkcity #manhattan #travelnyc #saksfifthavenue | Snezhana Shulim | Facebook
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8.6K views · 105 reactions | Payless is asking a bankruptcy court for permission to close 408 more stores- around 10 percent of its footprint. This coming after the company filed Chapter 11 bankruptcy protection in April. Payless is among several brick and mortar retailers struggling to compete with online companies like Amazon. | Fox Business | Facebook
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