Tag: Bankruptcy
Ritz Camera & Image Files for Chapter 11 Bankruptcy Protection
Beltsville, MD—Ritz Camera & Image, among the nation’s largest photography retail chains, filed again for Chapter 11 bankruptcy protection, not three years after emerging...
Despite Share Drop, Kodak Insists They’re Not Filing for Bankruptcy
Rochester, NY—Eastman Kodak shares tumbled on Friday, September 30, following fears that the photography giant was headed toward bankruptcy.Kodak shares, which had stood at...
Ritz Sale Finalized
The sale of Ritz Camera to a group led by CEO David Ritz was approved last week after a bankruptcy court judge okayed it,...
Ritz CEO Buys Chain
A group led by Ritz Camera CEO David Ritz was declared the winner of a bankruptcy auction for control of the company, Reuters reported...
Ritz To Sell Stores
Ritz Camera has moved to sell its remaining 400 stores by the end of July, with full liquidation a possibly, Reuters reported, citing bankruptcy...
Another Auction Coming For Polaroid
A bankruptcy judge last week rejected, for the second time, an effort by Polaroid Corp. to sell itself, and opened the bidding for a...
Polaroid Is Sold at Auction
Polaroid Corp. was sold at auction Friday to a private equity partnership called Patriarch Partners. According to the Minneapolis Star Tribune, the winning bid...
Ritz Camera Store Auction Okayed
Ritz Camera Centers received permission form a bankruptcy court to liquidate 400 of its 800 stores. According to Bloomberg News, the auction to determine...
Polaroid Auction Set to Begin
A bankruptcy judge last week gave the okay for an auction to begin for the Polaroid Group, the Star Tribune reported. Bids will begin...
Ritz Camera Declares Bankruptcy
Ritz Camera Centers announced Monday that it has filed for Chapter 11 bankruptcy. According to Reuters, the decision was brought on by both the...
