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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,...
  • 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,...
  • Wi-Fi provider Gowex filing for bankruptcy amid scandal

    Wi-Fi provider Gowex filing for bankruptcy amid scandal
    Gowex, a Madrid-based Wi-Fi provider that launched its free ad-supported service in Chicago less than two months ago, is filing for bankruptcy amid a financial scandal. Jenaro Garcia, founder and CEO of Gowex, resigned this week after admitting he...
  • Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy

    Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy
    Downtown Burbank restaurant Elephant Bar quickly and quietly went out of business recently, along with more than a dozen other locations, as its parent company filed for Chapter 11 bankruptcy protection. The restaurant was in business at First Street and...
  • 2 gang members, 1 hostage die in Stockton bank holdup, shootout

    Even in a city long plagued by violent crime, the bank robbery Wednesday left veteran police officers stunned. The robbers led police on a wild hourlong chase, holding hostages from the bank as human shields. Periodically, police say, the robbers...
  • CNBC star Marcus Lemonis plans to revive Crumbs cupcake chain

    CNBC star Marcus Lemonis plans to revive Crumbs cupcake chain
    Days after closing all its stores amid financial struggles, Crumbs Bake Shop Inc. could get a second chance after an investor group said it plans to revive the brand and expand its offerings. Marcus Lemonis — who heads Camping World and Good Sam...
  • 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...
  • Indian Motorcycle roars back into business

    Indian Motorcycle roars back into business
    When 92-year-old Bobby Hill was a young man, he raced Indian motorcycles in Dodge City, Kan., and other tracks across the country, going toe-to-toe with Harley-Davidson bikes in a fierce rivalry. But the Indian motorcycle company, an iconic brand that...
  • Stake in Sparrows Point could be sold to local group

    Stake in Sparrows Point could be sold to local group
    The owner of the closed Sparrows Point steel mill is working on selling a "significant percentage" of its stake in the property to local buyers, raising hopes for its eventual redevelopment. An attorney disclosed the potential sale this week in a court...
  • Cupcake chain Crumbs Bake Shop closes stores in L.A., elsewhere

    Caving under losses, Crumbs Bake Shop Inc. has closed its high-end bakeries in Los Angeles and elsewhere after more than a decade of promoting the cupcakes that tapped the nation's sweet tooth. Financially, the nation's biggest cupcake chain recently...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...