Bankruptcy
Legal status for relief from debts
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📌 Topics
- Retail (2)
- Business (2)
- Economy (1)
- Finance (1)
🏷️ Keywords
Eddie Bauer (2) · Chapter 11 (2) · Bankruptcy (2) · Outdoor apparel (1) · Tariffs (1) · Restructuring (1) · Retail industry (1) · Retail Restructuring (1) · Outdoor Sportswear (1) · North America Retail (1)
📖 Key Information
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
Bankrupt is not the only legal status that an insolvent person may have, meaning the term bankruptcy is not a synonym for insolvency.
📰 Related News (2)
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🇺🇸 Eddie Bauer, venerable outdoor apparel retailer, declares bankruptcy
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection...
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🇺🇸 Eddie Bauer _ the 106-year-old label that pioneered outdoor sportswear _ files Chapter 11
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection...
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Bankruptcy:
- 🏢 Eddie Bauer (2 shared articles)
- 🏢 Restructuring (1 shared articles)
- 🌐 Tariff (1 shared articles)