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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 67-77
  • Cupcake purveyor Crumbs Bake Shop closes L.A., other stores

    After more than 10 years at the forefront of the cupcake craze, Crumbs Bake Shop Inc. shuttered its high-end bakeries a week after it lost its stock listing on Nasdaq and defaulted on about $14.3 million in financing. Employees at its remaining Los...
  • 2014 Dodge Journey Crossroad

     
    Filed under: Crossover, Dodge, Quick Spins Watchers of the auto industry will notice a theme among the formerly bankrupted American automakers, General Motors and Chrysler. There are the post-bankruptcy vehicles, and the pre-bankruptcy vehicles. The...
  • Bertone can't part out historically protected collection despite looming bankruptcy

     
    Filed under: Concept Cars, Classics, Auctions, Europe, Earnings/Financials Some companies can survive long after their founder has left the building, while others are so centered around the identity of one individual that everything unravels in their...
  • Detroit Institute of Arts collection worth billions, report says

    The permanent collection of the Detroit Institute of Arts could be worth as much as $4.6 billion, according to a new report that also said the museum would see only a fraction of that amount if the city proceeded with its controversial plan to liquidate...
  • Richard Berkowitz, CEO, Berkowitz Pollack Brant

    Richard Berkowitz, CEO, Berkowitz Pollack Brant
    Richard A. Berkowitz is chief executive officer of Berkowitz Pollack Brant Advisors and Accountants, a role he has held since the firm’s inception in 1980. One of the largest independent accounting firms in Florida, Berkowitz Pollack Brant has...
  • 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...
  • 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...
  • Puerto Rico pushes plan as it seeks to regain market access

    SAN JUAN Puerto Rico (Reuters) - Puerto Rico's top finance officials said on Thursday that the U.S. commonwealth will step up efforts to explain a new restructuring law to investors after a series of ratings downgrades and a rout in the island's bonds...
  • Weak housing and remodeling market causes Lumber Liquidators to revise sales forecast

    Weak housing and remodeling market causes Lumber Liquidators to revise sales forecast
    Toano-based Lumber Liquidators revised its outlook for 2014 after comparable store sales dropped 7 percent in the second quarter. Last year, same-store sales for the hardwood and laminate flooring retailer increased 15 percent in the second quarter,...
  • States hit the brakes on road projects as federal fund goes broke

    WASHINGTON Instead of shifting into high gear during what is normally the peak of construction season, state transportation departments around the country are easing off the gas pedal as the federal Highway Trust Fund barrels toward insolvency sometime...
  • China should let more ailing firms fail: deputy central bank governor

    BEIJING (Reuters) - China should let more ailing firms go bankrupt to help improve economic mechanisms rather than allow them to get government-led bailouts, a deputy central bank governor said on Tuesday. The risk of corporate failures is rising as...