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Tag Archives: bankrupt

Forever 21 Set To Close 12 Stores in Southern California & Lay Off Employees

Forever 21 Set To Close 12 Stores in Southern California & Lay Off Employees

Forever 21 has been on the news recently due to the numerous amount of stores they are closing down. It’s no surprise, because back in September the company filed for bankruptcy. Now, the Chapter 11 filing by Forever 21 will lead to the closure of 21 stores in the entire state of California, with 12…

Prince’s Sister Says His Estate Will Be Bankrupt By The End Of The Year

Prince’s Sister Says His Estate Will Be Bankrupt By The End Of The Year

According to Prince’s half-sister, Sharon Nelson, the legendary singer’s estate will be bankrupt by the end of the year. The money has reportedly been mismanaged by the family and Comerica Bank. According to Nelson, the unsettled issues between the bank and their heirs has resulted in this prediction of bankruptcy. In a recent interview with…