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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 34-44
  • 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...
  • Spain's Gowex files for bankruptcy, ex-CEO could face 10 years in jail

    Spain's Gowex files for bankruptcy, ex-CEO could face 10 years in jail
    MADRID (Reuters) - (The July 14 story has been corrected to show Garcia Martin did not have his passport seized and was not banned from leaving Spain) Spanish wireless networks provider Gowex filed for bankruptcy on Monday, a week after an accounting...
  • Maryland lawmakers, child advocates seek probe into oversight of troubled group home

    Maryland lawmakers, child advocates seek probe into oversight of troubled group home
    Maryland lawmakers and child advocates called Monday for an investigation into regulators' oversight of a troubled group home operator, asking why the state continued to give the company millions in taxpayer dollars despite long-standing financial and...
  • After Employer Goes Under, Two Managers Launch Firm That Helps School Teams Raise Money

    After Employer Goes Under, Two Managers Launch Firm That Helps School Teams Raise Money
    NEWINGTON — James Thomson and Don Crouch abruptly found themselves out of work in March 2009, when the national school fundraising company that paid them went out of business. It was a terrible time for employment, one of only three months in the...
  • What's the key to turning around Rust Belt cities?

    Cleveland and other Rust Belt cities are making a comeback as young people sick of high prices in the big city look for more manageable places to live and cities capitalize on attracting a new generation of employers. In Cleveland, the news that...
  • 07/14: Bankruptcies

    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Absolute Carpet & Furniture Cleaning Inc., 2769 Monte Carlo Drive, Eustis. Filed: July 2. Assets: $145....
  • Group home for disabled children struggled to provide adequate care

    Group home for disabled children struggled to provide adequate care
    The recent death of a 10-year-old disabled foster child at an Anne Arundel County group home was just the latest in a series of problems at LifeLine, the state contractor that has been paid millions in taxpayer funds to care for "medically fragile"...
  • 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...
  • Trump Plaza in Atlantic City to close

    Trump Plaza in Atlantic City to close
    The list of casinos closing or expected to close here just keeps growing. Trump Plaza Hotel and Casino will shut its doors for good in mid-September, according to state officials who were briefed Friday by lawyers for the casino. "I believe Sept. 16...
  • 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...
  • Senators to GM: Why wasn't top lawyer fired?

    (Reuters) - Senators on Thursday demanded to know why General Motors Co did not fire its top lawyer after it was revealed this year that the automaker's litigation department knew of a widespread and deadly ignition flaw but failed to escalate the...