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The lead bankruptcy attorney for defunct electronics retailer Circuit City Stores Inc. charges $945 per hour, or $15.75 a minute. ...more
November 27, 2009
BY LOUIS LLOVIO
MEDIA GENERAL NEWS SERVICE ...more
November 13, 2009
Circuit City Stores Inc. has received court approval to sell off its Canadian operations as word came that the company faces a class-action lawsuit by lawyers claiming some laid-off employees were not paid federally mandated WARN Act payments. ...more
March 27, 2009
Circuit City Stores Inc. is asking a U.S. Bankruptcy Court judge for permission to pay up to $4.65 million in retention bonuses to some of its employees to keep them as the chain winds down its business affairs. ...more
February 13, 2009
Circuit City Stores Inc. has started the arduous process of dismantling its massive retail business, but it could take two years before the entire company completely disappears. ...more
January 30, 2009
Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, reached an agreement with liquidators on Friday to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal. ...more
January 18, 2009
BANKRUPT RETAILERS Experts expect even more retailers to file for bankruptcy or just liquidate in coming months as consumers keep tight control of their spending because of job worries and dwindling retirement accounts. ...more
January 17, 2009
Red yard signs in front of the Circuit City store at Shelby Crossing say, "Ask Me About 36 Month Financing." ...more
January 17, 2009
Red yard signs in front of the Circuit City store at Shelby Crossing say, "Ask Me About 36 Month Financing." No one is sure how long that offer will stand. Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, said Friday it failed to find a buyer and will liquidate its 567 U.S. stores. ...more
January 16, 2009
Circuit City Stores Inc. said Friday it is in talks with two parties that could buy the company or provide additional financing for it to stay in business. ...more
January 10, 2009
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