Chapter11

How Dewey & LeBoeuf Became the Biggest Law Firm Bankruptcy Ever

Dewey & LeBoeuf was one of the world's great law firms, with 1,300 attorneys on five continents and revenues in excess of $900 million a year. This makes its bankruptcy quite simply the largest law-firm failure ever. So how did it manage to go broke?

9 Big Companies That Will Disappear in 2012

As surprising as it may seem to many of us when large corporations with familiar brands vanish suddenly from the scene, it happens. Major companies like Saab, Borders, and Countrywide -- just to same a recent few -- are now history. Who's next? Read on ...

Son of a 'Kodak Man' Recalls the Good Times and Bad

Once, Kodak was one of the world's most recognized brands -- it's little yellow film boxes were everywhere. Now the the film is a relic, and the company that benignly ruled Rochester, N.Y., for a century is in Chapter 11. A Kodak kid reminisces:

Eastman Kodak: This Stock Is Probably Going to Zero

In the wake of Eastman Kodak's bankruptcy filing, some speculators will be tempted in the coming days to nibble on the company's battered shares. But if you know what's good for your portfolio, you'll stay away.

How Safe Are Your Frequent Flier Miles?

If you're a fan of frequent flier miles, and the carrier you fly most goes bust, what should you do? Stick with the airline, or make a change? And what about your points? Are they still worth anything? Don't worry, American Airlines loyalists -- the answers aren't as dismal as you might expect.

Filene's Files for Bankruptcy, Just In Time for Holidays

Be on the look out for going-out-of-business sales at a Filene's Basement near you. The Massachusetts-based discount retailer announced Wednesday morning that it has filed for bankruptcy -- for the third time -- and plans to close its 21 discount stores in the next few months.

Donald Trump's Legacy: Kids Who Aim to Think Big

Eric Trump started getting a taste of the family business at young age, tagging along with his real estate and hotel tycoon father, Donald Trump. That early immersion set the stage for Eric's involvement with the Trump Organization as an adult, and his desire to follow in his father's footsteps.

R.I.P. Ritz Camera

Ritz camera is throwing in the towel and looking to either sell or liquidate all its remaining stores. It's been a bad month for the photography...