Author Archives: Thomas Bonte
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Chapter 11 Debt Relief for Struggling Businesses
Sex and social networking isn’t selling as well as Penthouse thought. FriendFinder Networks Inc. — the publisher of the popular adult magazine and several adult-entertainment websites — recently filed for bankruptcy relief under Chapter 11. In 2007, the company purchased a network of dating sites. Instead of turning profits like other social networks, Friendfinder lost […]