topic-04016007 News Coverage on Bankruptcy - CTNow
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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 45-55
  • Teen retailer Wet Seal files for bankruptcy protection

    Teen retailer Wet Seal files for bankruptcy protection
    FOOTHILL RANCH, Calif. (AP) — The Wet Seal Inc., a teen clothing retailer, has filed for Chapter 11 bankruptcy protection in an effort to keep its remaining stores open. The announcement Friday comes a little over a week after the chain said...
  • Wet Seal files for bankruptcy in effort to stay afloat

     Wet Seal files for bankruptcy in effort to stay afloat
    The Wet Seal Inc., a teen clothing retailer, has filed for Chapter 11 bankruptcy protection in an effort to keep its remaining stores open. The announcement Friday comes a little over a week after the chain said that it was closing 338 stores, or...
  • Maryland regulators to meet with Caesars after unit files for bankruptcy

    Maryland regulators to meet with Caesars after unit files for bankruptcy
    State regulators said Thursday that they will be closely following Thursday's bankruptcy filing by a cash-strapped division of casino giant Caesars Entertainment Corp. to ensure that operations at Horseshoe Casino Baltimore remain stable. The division,...
  • Caesars unit files Chapter 11 bankruptcy to cut $18.4 billion in debt, faces creditor fight

    Caesars unit files Chapter 11 bankruptcy to cut $18.4 billion in debt, faces creditor fight
    A cash-strapped division of casino giant Caesars Entertainment Corp. filed for bankruptcy protection Thursday in Chicago, hoping the court agrees to its plan to get out from under $18.4 billion in debt. The division, Caesars Entertainment Operating Co.,...
  • Selig says an emotional goodbye in his final owners meeting as commissioner

    Bud Selig concluded his final baseball owners meeting as commissioner after two days of basking in praise for the job he's done during more than 22 years in charge of the game. Thursday's meeting followed a gala in Selig's honor the previous night in a...
  • Stocks slump on weak bank results

    Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday. Oil prices continued their slide, and U.S. government bonds jumped. Weak revenue from trading pulled down Bank of America's profit...
  • Graham Beal to retire after guiding Detroit's DIA through peril

    Graham Beal to retire after guiding Detroit's DIA through peril
    Graham Beal will retire in June after 16 years as director of the Detroit Institute of Arts, capped by his leadership as the art museum fought to preserve its masterpieces when they seemed in danger of being ransacked to appease creditors in the city&...
  • Nearly half of Central Florida households on financial edge

    Nearly half of Central Florida households on financial edge
    Nearly half of all households in Orange, Osceola and Seminole counties struggle to cover the basics of food, shelter, medical care and transportation — putting them one missed paycheck or one unexpected bill away from financial free fall, new...
  • Is former governor McDonnell's state pension really at risk?

    Is former governor McDonnell's state pension really at risk?
    Some of the hardest punishment former Gov. Bob McDonnell faces for being found guilty of corruption, his supporters argue, is losing his state pension. But that may not be a sure thing despite a state law that was meant to deny retirement benefits to...
  • Newport News Patrick Henry Mall loses Wet Seal and P.S. from Aeropostale; Deb is next

    Newport News Patrick Henry Mall loses Wet Seal and P.S. from Aeropostale; Deb is next
    Teen clothing retailer The Wet Seal announced it would close 338 stores on Wednesday across the country. The closure included the Wet Seal store in Patrick Henry Mall in Newport News. The local store hadn't been selling merchandise this past week, and...
  • Judge's rulings favor potential buyer of Revel Casino

    PHILADELPHIA U.S. Bankruptcy Judge Gloria M. Burns on Thursday made two rulings to help clear the way for the sale of the former Revel Casino Hotel in Atlantic City, N.J., to Florida investor Glenn Straub for $95.4 million. Burns said Monday she intended...