Bankruptcy

Jan 25, 2017 — By Mimi Swartz

in a state known for austerity, how can Texas's largest cities be nearly broke?

Nov 5, 2014 — By Loren Steffy

Did we mention they're in bankruptcy?

Jan 21, 2013 — By Jason Cohen

Fallout from the Fort Worth-based airline's Chapter 11 bankruptcy reorganization leads to unprecedented delays, an unhappy pilot's union and even unhappier (and vocal) consumers.

Jan 21, 2013 — By Jason Cohen

Several YouTube videos posted by American Airlines employee Gailen David have gone viral, angering top brass at the struggling company. 

Jan 11, 2012 — By Sonia Smith

Irving-based Hostess Brands, the maker of the indestructible snack cake, has filed for Chapter 11 bankruptcy protection for the second time since 2004.

Nov 29, 2011 — By Jason Cohen

“Business as usual” was the phrase on everybody's tongue after American Airlines declared Chapter 11 bankruptcy.

May 31, 2008 — By Gary Cartwright

Forty years ago, Pete Dominguez and his Mexican restaurants were the toast of Dallas. Now he’s alone, broke, and nearly forgotten.

Aug 31, 1996 — By Carol Flake

Since the late eighties, dozens of big churches in Texas have put rapid growth ahead of financial health. Austin’s Great Hills Baptist is only the latest to pay the price.

Jul 31, 1996 — By Helen Thorpe

This spring, Texas’ leading white-bread maker was ordered to pay a fine of $10 million and settled a lawsuit for another $18 million. Why does the company have to cough up so much dough?

Jun 30, 1996 — By Alexandra Biesada

In less than a decade, the upstart Houston diapermaker has come a long way, baby. But taking on the big boys has hardly been child’s play.