Do you know that story in the Bible where Solomon orders a baby cut in half in order to settle a dispute about who was the mother? One point of...Continue reading
Category: Bankruptcy
Txtr Has Closed, Customers Advised to Transfer Accounts to Juke
Eighteen months have passed since German ebook startup txtr declared bankruptcy, and just over a year since the company was taken over by Saturn, a media retailer and one of...Continue reading
The Sudden Demise of BookTrope has Left Authors to Clean Up the Mess
When Booktrope launched its publishing service five years ago, this hybrid publisher offered authors the best of both worlds: a five-year contract with no costs for the author, and pro quality work on...Continue reading
RadioShack Wants to Sell Customer Data, States File Suit
The demise of RadioShack was already one of the more saddening corporate bankruptcies in recent history, and now it’s also one of the slimier ones. Ars Technica reports that the nearly 100-year-old company wants...Continue reading
RadioShack Files for Bankruptcy, Sprint to Take Over 1,700 Stores
So the rumors were true. Gadget retailer RadioShack filed for Chapter 11 bankruptcy protection today, and reported that its largest shareholder (and one of its largest debtors) Standard General LP will buy 1,500 to...Continue reading
The End is Nigh for RadioShack
Rumors are circulating today that RadioShack is (finally) going to go out of business. Sources say that the retailer is working out a bankruptcy deal which would close half of the remaining...Continue reading
eReader and Screen Tech Pioneer IRX Goes Bankrupt, is Dissolved
As 2014 draws to a close so does the final chapter on Irex Technologies, one of the early ereader makers. Yesterday a reader tipped me to the news that the...Continue reading
eBook Gift Card Maker Qinqo is Bankrupt
eBook gift cards suffered a setback today in the Netherlands. Qinqo, a Dutch startup that launched late last year, has posted a notice on their website that they are ceasing...Continue reading
Night Shade Books Puts Assets Up For Sale to Avoid Bankruptcy – Offers Authors a Deal That Rates a Full WTF
Companies go under all the time, so when news circulated last week that Night Shade Books was folding I didn’t pay much attention. That was a mistake on my part,...Continue reading
Rumors: B&N to Deemphasize the Nook? Going Private?
Barnes & Noble is expected to share bad news in their quarterly 10-k report later this week and there are already a couple early rumors with hints about how they...Continue reading
Budget Tablet Maker Pandigital Goes Belly Up
Pandigital, one of the more visible smaller tablet makers that sprang up following the launch of the iPad, filed for bankruptcy shut down earlier this year. Rather than file for...Continue reading
Dutch eReader Maker Bebook is Bankrupt
It looks like the tight competition between the the big boys has claimed another victim. Netherlands based ebook reader maker Endless Ideas filed for bankruptcy today. Emerce is reporting that...Continue reading
Could Borders Rise From the Grave?
The Borders bankruptcy saga is winding to a close, and it’s about to go into its final weeks. One of the last parts of Borders was sold off earlier this...Continue reading
Borders liquidation approved by bankruptcy judge
Apparently the post I wrote early today had jumped the gun, because it wasn’t until this afternoon that the liquidation became official. Judge Martin Glenn of the U.S. Bankruptcy Court...Continue reading