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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 23-33
  • Coal producer Xinergy, subsidiaries file for bankruptcy

    Coal producer Xinergy Ltd. and 25 subsidiaries have filed for Chapter 11 bankruptcy, citing declining demand for coal and increased environmental regulation. Knoxville, Tennessee-based Xinergy and the subsidiaries filed Chapter 11 petitions last week...
  • Bankruptcies

    Bankruptcies
    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Three Stars Media Inc., 1701 Park Center Drive, Orlando. Filed: April 8. Assets: $15,442. Liabilities: $225,000....
  • Probe into Norton Oil's sudden closure ends, jilted customers get nothing

    Probe into Norton Oil's sudden closure ends, jilted customers get nothing
    Customers of a heating oil business that closed suddenly two years ago recently got the word they’d been dreading yet sort of expecting, that Norton Oil has no money to refund and consumer protection authorities can’t do anything about it...
  • Revel sale to Florida investor is complete

    PHILADELPHIA Florida investor Glenn Straub completed his $82 million purchase of Atlantic City, N.J.'s bankrupt Revel Casino Hotel as expected on Tuesday, according to a court filing by Revel's lawyers. The closing ends a long and rocky sale process that...
  • Revel buyer Straub: A businessman with his own point of view

    PHILADELPHIA As South Florida investor Glenn Straub takes over the bankrupt Revel Casino Hotel, he brings something to Atlantic City, N.J., that has been in short supply: Cash. Last week, just days before his purchase of Revel for $82 million, Straub...
  • A timeline of Atlantic City's Revel Casino Hotel

    A look at key moments in the history of Atlantic City's Revel Casino Hotel: — September 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. It would be the first new casino in Atlantic City...
  • Deal closes on sale of ex-Revel casino; Straub new owner

    Revel, the multibillion-dollar resort bust that was once widely viewed as the potential savior of Atlantic City's struggling casino industry, is getting a second chance as part of a Florida developer's ambitious plan to remake the East Coast gambling...
  • New RadioShack chief brings experience in wireless world

    FORT WORTH, Texas Almost a decade ago, RadioShack's new top executive, Ron Garriques, helped rejuvenate Motorola's cellphone division with the Razr phone. But Garriques' three-year stint at Dell Corp., as president of the computer company's global...
  • Sprint expands in L.A. with RadioShack piggyback

    Sprint expands in L.A. with RadioShack piggyback
    Sprint Corp. more than doubled its retail presence on Friday by opening 1,435 Sprint-RadioShack stores nationwide, including 57 in Los Angeles. About 7,500 RadioShack employees will stay on in the co-branded stores across the country. Sprint said it...
  • Radio Shack stores in Central Florida rebranding with Sprint

    Radio Shack stores in Central Florida rebranding with Sprint
    Most Central Florida Radio Shack locations are transitioning to co-branded Sprint stores starting today, officials from the wireless carrier announced. Sprint is building a "store-within-a-store" at 19 Central Florida Radio Shack locations that will...
  • Madigan to feds: Cancel loans of ex-Everest College students

    Illinois Attorney General Lisa Madigan says students who attended the failed Everest Colleges should not have to repay federal student loans. Madigan and attorneys general in eight other states are asking the U.S. Department of Education to discharge the...