2013 Bankruptcy Law Legal News Archives

February 2013

Reader's Digest Faces Heavy Debts, Files for Bankruptcy Protection

Tuesday, 19 February, 2013

Parent company of nearly 100-year-old family magazine Reader’s Digest is heading into its second bankruptcy filing in less than four years. Reports indicate the move is intended to address excessive debts that have been weighing the company down for some time. The New York Times reports that publisher RDA Holding has … continue reading

January 2013

Atari Video Games Files for Bankruptcy Protection

Friday, 25 January, 2013

Iconic video game maker Atari is heading into Chapter 11 bankruptcy, reports say, in a plan to cease affiliation with its French parent company, which is facing similar financial woes.  The decades-old company responsible for putting Pong games in America’s arcades and bars in the 1970’s and bringing Space Invaders and … continue reading