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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
  • New Popeyes Replaces Friendly's In Manchester

    New Popeyes Replaces Friendly's In Manchester
    MANCHESTER — A new Popeyes restaurant is taking the place of the former Friendly's restaurant on Spencer Street. The owner, Drake Tower Corp., received a permit in May to make alterations to the 3,579-square-foot building at 199 Spencer St.,...
  • Asbestos scare puts tiny O.C. school district on financial brink

    Asbestos scare puts tiny O.C. school district on financial brink
    A small Orange County school district that was forced for close campuses and bus students elsewhere in the wake of an asbestos scare is now reeling under a multimillion-dollar budget shortfall. "You went from being a stable district to a district that's...
  • Judge says Rauner former firm not responsible for nursing home fraud

     Judge says Rauner former firm not responsible for nursing home fraud
    A federal bankruptcy judge said Tuesday that Gov.-elect Bruce Rauner's former investment firm won't be held responsible for a scheme to avoid liability in costly nursing home death lawsuits. In a tentative ruling in the case designed to prod the...
  • FedEx considers new location at Sparrows Point

    FedEx considers new location at Sparrows Point
    FedEx is eyeing the former Sparrows Point steel mill in southeastern Baltimore County for a new distribution hub. The package delivery company could become the first new tenant on the large property since the steel mill closed in 2012, if it can reach a...
  • RadioShack has a new interim chief financial officer

    DALLAS RadioShack has a new interim chief financial officer, again. The struggling Fort Worth-based consumer electronics chain said last week that it planned to slash operating costs by $400 million including moves that will save $41 million on...
  • Advocacy group protests CIT Group deal for OneWest Bank

    Advocacy group protests CIT Group deal for OneWest Bank
    National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved. News of the loss coverage, part of a Freedom of...
  • Bankruptcies

    Bankruptcies
    Chapter 11 Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include: Visitors' Plaza Inc., formerly doing business as Visitor's Flea Market, 5811...
  • GT Advanced Tech modifies bankruptcy deal with Apple

    GT Advanced Technologies Inc altered its settlement with former partner Apple Inc to produce more near-term cash to support its emergence from bankruptcy, a lawyer for the sapphire maker told a court on Monday. The new terms should be worth $50 million...
  • Commentary: New council should learn from past mistakes

    The election is over and the dust has settled. The players stand at the ready. In Newport Beach a new cast of characters was elected to represent the great city. It remains to be seen what direction the city will take as it moves further into the 21st...
  • CIT Group considers opening bank branch in Chicago

    CIT Group considers opening bank branch in Chicago
    National commercial lender CIT Group, which is in the process of buying a California bank, said it might open a bank branch in New York or Chicago. The New York-based institution, which has $35 billion in assets, was asked recently about potential plans...
  • Shuttered German Burger King restaurants to reopen this week

    German Burger King restaurants that were shut down last month in a row between their operator and the U.S. fast food company will re-open this week, Burger King Germany said on Monday. Twenty-six of the 89 outlets will open their doors again on Monday...