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Sign up for "Econ Extra Credit with David Brancaccio" Here

Chapter 7: Where companies go to die

by , and May 15, 2017
The story of one U.S. gym chain illustrates the perils of this type of bankruptcy for consumers.
A sign leading to U.S. Bankruptcy Court in New York City.
Chris Hondros/Getty Images

After Hulk Hogan sex tape suit, Gawker files for bankruptcy

by Kai Ryssdal Jun 10, 2016
The digital media company is up for sale after a $140 million judgement
ST PETERSBURG, FL - Terry Bollea, aka Hulk Hogan, testifies in court during his trial against Gawker Media at the Pinellas County Courthouse on March 8, 2016 in St Petersburg, Florida. Bollea is taking legal action against Gawker for releasing a video of him having sex with his best friends wife.
John Pendygraft-Pool/Getty Images