Last week, American Apparel CEO Paula Schneider announced a round of layoffs as a part of a manufacturing “redesign” for the struggling company, which recently emerged from bankruptcy; she also hinted that the company may begin outsourcing the manufacturing of some garments to other parts of the country. This week,…
At a hearing that started Wednesday in a Delaware bankruptcy court and continued today, Dov Charney, the ousted CEO of American Apparel, has attempted to convince a judge to reject the company’s reorganization plan—a plan which would leave shareholders, including Charney, with nothing.
Dov Charney, American Apparel’s former CEO, is long past being down to his last $100K—although his resolve to win back the company is apparently undimmed, Charney can’t even afford legal representation.
Dance Moms’ Abby Lee Miller appeared in court on November 2, 2015 in order to plead her innocence in a bankruptcy fraud case. Just last month Miller was charged with 20 counts of bankruptcy fraud.
Less than a year after controversial American Apparel CEO and founder Dov Charney was permanently booted from the company on charges of sexual harassment and misuse of company funds, his successor, Paula Schneider, has filed for Chapter 11 bankruptcy protection.
Despite a restructured leadership, several rounds of layoffs and store closings, and a marketing revamp, American Apparel continues to suffer extreme financial losses.
A federal judge has ordered that Girls Gone Wild founder Joe Francis be placed under arrest, part of an incredibly seedy and frankly hilarious bankruptcy trial that sounds exactly like how you’d picture Joe Francis behaving. Francis is believed to be living in Mexico with his girlfriend and their twin daughters.
Welcome to My Husband Hates Me Because..., our new series in which we explore all the quirky and charming ways in which we inadvertently drive our spouses crazy.
Celebrity photographer Annie Leibovitz is the proud new owner of a gorgeous home that will fill you with so much real estate envy.
The companies affiliated with the popular beauty product brand Carol's Daughter filed for bankruptcy.
Start stockpiling your cream and preservative filled snack cakes: Hostess is filing for Chapter 11 bankruptcy. Again.
Sad news, friends: today Dippin' Dots, the company that makes those tiny balls of ice cream sold in malls as "The Ice Cream of the Future," has filed for bankruptcy. The company is asking a judge to allow it to use cash collateral to stay in business. This would be good news for people who like novelty, and forms of…
American Media Inc. filed for bankruptcy yesterday, listing between $500 million and $1 billion in debt. This will not affect the daily operations of the magazines it publishes, including the National Enquirer, Star, Shape, Men's Fitness and Fit Pregnancy.
The Real Housewives franchise purports to feature well-off women. But according to our research, their appearances of wealth can be quite deceiving. And their money problems extend even further than you might think.