Iconic games developer Atari has filed for Chapter 11 bankruptcy protection in the US, in an effort to split from its parent company.
LightSquared has filed for Chapter 11 bankruptcy protection, after its plans for a national wholesale mobile network were scuppered over concerns about mobile interference.
Kodak shares have fallen to an all-time low following reports that it may soon be forced to file for bankruptcy protection.
Right, everybody, let's have a whip-round. Righthaven, known for its spirited acts of self-defence when threatened by evil patent violators, says it may have to file for bankruptcy if its latest lawsuit is unsuccessful.
Blockbuster has fought valiantly in recent years to defend itself against threats from online contenders such as Netflix, Hulu and YouTube. But now it seems as if the industry heavyweight is getting ready to throw in the proverbial towel.
The legal process of liquidating all of Circuit City's assets and trying to pay off as much of its debt as possible is still ongoing, but the lawyers involved may be getting a little tired.
Game Crazy is preparing to liquidate its stock and shut down the company's remaining operations over the next several weeks.
The ex-CEO of Circuit City (you know, the guy who has that "ex" distinction because his company went bankrupt) has gotten approval for a $350,000 bonus and will also be paid hundreds of dollars an hour for consulting work he provided in the retail chain's final days.