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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles

Displaying items 111-121
  • Post House Todd Soundelux Closes Its Doors

    Todd Soundelux, the post-production house with roots stretching back to the 1950s, closed permanently yesterday. Todd Soundelux declared bankruptcy earlier this year. Leslie Cohen, the lawyer who was handling the company's attempts to find a buyer,...
  • Former councilman sentenced to a year in Bell corruption scandal

     Former councilman sentenced to a year in Bell corruption scandal
    One of the former council members blamed for the corruption that left one of Los Angeles County's poorest cities headed toward bankruptcy was sentenced Friday to a year in the county jail, but he could be a free man in just weeks. George Mirabal is...
  • As Atlantic City's fortunes fade, casino workers fear bleak future

    ATLANTIC CITY, N.J. — After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer. The Showboat...
  • An undeserved debt [Commentary]

    An undeserved debt [Commentary]
    How competent is your 18-year old? Do you trust him or her with your credit card? How about the brand new family car? Better yet, do you think he is competent enough to take out several thousands of dollars of debt with a few pen strokes? Education...
  • Crumbs files for bankruptcy; 1st step in re-opening plan

    Crumbs files for bankruptcy; 1st step in re-opening plan
    Crumbs Bake Shop has filed for Chapter 11 bankruptcy protection, the first step in its plan to be revived with Marcus Lemonis, a local investor and star of CNBC reality show "The Profit," and the owner of Dippin' Dots ice cream. Marcus Lemonis and...
  • Crumbs cupcake shops could re-open some locations

    Crumbs cupcake shops could re-open some locations
    Could Crumbs cupcakes be saved by Dippin' Dots? Just days after the financially troubled Crumbs Bake Shops Inc. closed all 48 stores, including three at malls in the Baltimore area, the New York specialty chain stands to be acquired as part of a...
  • The grim warning for the gambling industry in Atlantic City's implosion

    The grim warning for the gambling industry in Atlantic City's implosion
    The news from the casino industry in Atlantic City, N.J., has been implacably, relentlessly horrific. Over the weekend the owners of Trump Plaza, formerly a signature property on the boardwalk, said they expected it to close in September; the resort's...
  • A Crumbs revival: Lemonis to reopen select stores in L.A., elsewhere

    A Crumbs revival: Lemonis to reopen select stores in L.A., elsewhere
    The closed Crumbs Bake Shop Inc. store on Larchmont Boulevard in Los Angeles, along with a handful of others across the country, soon will be back in business -- with a new line of desserts as part of a revamped game plan. The new Crumbs will offer...
  • Feds allege Blue Mountain Consumer Discount manager used loan money for himself

    For the better part of three decades, Walter "Buddy" Lambert was a guy people in the Slate Belt could trust to make their nest eggs grow. Couples and widows gave Lambert shares of their inheritances, life insurance payouts, legal settlements and...
  • Stockton bank robbery: Dramatic video captures heavy gunfire

    A dramatic video has emerged recording the long gun battle between police and the Stockton bank robbery suspect, an exchange that left three dead. The video shows police cars racing to where the suspects' vehicle was stopped. For part of the video,...
  • Blue Martini faces eviction at CityPlace

    Blue Martini faces eviction at CityPlace
    Blue Martini has become the latest business facing eviction at CityPlace. The shopping, dining and entertainment center in West Palm Beach has filed a complaint to evict Blue Martini for failing to pay rent, according to court documents. As of June 30,...