Tag: chapter 11
dippin-dots

Oh no! Dippin’ Dots, the so-called “ice cream of the future”, has filed for Chapter 11 bankruptcy. The ice cream company which serves frozen dots of flavored ice is reportedly in $12 million debt. What will Six Flags have to serve to sweating guests if they disappear forever?

gm-bankruptcy

BIG NEWS: General Motors (GM), one of America’s “Big Three” automakers, is filing for Chapter 11 bankruptcy in New York in hopes that within 6-18 months, the company will be able to stand on its own. After filing for bankruptcy, the United States Government will own approximately 60% of GM stock.