American Apparel (APP) Files for Bankruptcy

American Apparel (APP) filed for Chapter 11 bankruptcy protection early Monday. The move doesn’t come as a surprise considering the company said in August it “may not have sufficient liquidity necessary to sustain operations for the next twelve months”. Under the terms of the agreement, American Apparel said its secured lenders will provide about $90 […] View the full post at: American Apparel (APP) Files for Bankruptcy Related posts: Yellow Pages Files for Bankruptcy Mall Titan General Growth Properties Files for Bankruptcy Chrysler and Bankruptcy Law in Gory Detail