bankruptcy

Opioid Maker Purdue Is Reportedly Considering Bankruptcy

The bottom may be falling out for Purdue Pharma, the drug company most synonymous with the opioid crisis. Sources reportedly told Reuters that Purdue is considering filing for Chapter 11 bankruptcy, a decision that would help the company better take on a growing swarm of lawsuits filed against it for deceiving…

America Enters Its Darkest Days, As SkyMall Lands In Bankruptcy

America Enters Its Darkest Days, As SkyMall Lands In Bankruptcy

It’s a dark day for Lord of the Rings necklace collectors and elaborate pet furniture enthusiasts everywhere. This morning, SkyMall’s parent company, Xhibit Corp. (different Xzibit) has filed for bankruptcy. Let’s take a moment of silence for the garden bigfoots that may never be.