Muzak Holdings LLC, the maker of elevator music, filed for Chapter 11 bankruptcy protection Tuesday. The company had heavy debt load, and it filed to try to refinance some of its debt. Its total debt is between $100 million and $500 million and it has assets of less than $50,000, Muzak said in a court filing. ...more

February 10, 2009

The lackluster holiday season and deepening recession will take a toll on retailers across the country. Experts are predicting the worst rash of store closings in 35 years. Already, Circuit City is operating under bankruptcy protection. KB Toys, Linens 'n Things and Mervyns announced last year they're going out of business. ...more

January 4, 2009

Blaming the belt-tightening in a tough economy that makes dining out less of a priority, the parent of Sam Seltzer's Steakhouse has filed for Chapter 11 bankruptcy protection. ...more

July 1, 2008

The developers of the Towers of Channelside, a pair of 29-story luxury condominiums, filed for bankruptcy court protection Friday, stating that Wachovia Corp. cut off its credit. ...more

January 26, 2008