The retail operator for about 180 Eddie Bauer stores in the U.S. and Canada has filed for Chapter 11 bankruptcy. Stores will remain open during a court-supervised sale process but may close if a buyer ...

A Chapter 11 bankruptcy seeks to reorganize a company’s debts and enable the entity to remain operational and become solvent.

In a Chapter 11 bankruptcy case, creditors have significant influence over the process. They can't dictate what the court does, but their voices certainly carry a lot of weight. If creditors think ...

Eddie Bauer, the outdoor apparel and gear retailer operating approximately 180 stores across the U.S. and Canada, has filed for Chapter 11 bankruptcy protection, citing declining sales and a host of ...