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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 78-88
  • Tollefson says honest mistakes were his undoing

    Don Tollefson and a Bucks County prosecutor traded opening arguments Tuesday morning in the former sportscaster's $340,000 fraud trial, and Tollefson painted himself as a victim of his own incompetence. "The money ran out," said Tollefson, 62, who is...
  • $18M seized from owners of Massachusetts compounding pharmacy at center of meningitis outbreak

    Authorities have seized over $18 million from the owners of a Massachusetts compounding pharmacy at the center of a 2012 meningitis outbreak that killed 64 people nationwide. U.S. Attorney Carmen Ortiz said the funds were seized from 13 different...
  • Updike, Kelly & Spellacy welcome new attorneys

    Updike, Kelly & Spellacy, P.C. (UKS) is pleased to announce that attorneys Bonnie Kumiega and Joshua Devine have joined UKS as of January 1, 2015. Attorney Kumiega joins as a shareholder/principal and Attorney Devin joins as an associate. Kumiega was the...
  • Wet Seal closing over 300 stores; nearly 3,700 losing jobs

    NEW YORK (AP) — Struggling teen clothing retailer Wet Seal is closing 338 stores, about two-thirds of its stores, resulting in nearly 3,700 full- and part-time workers losing their jobs. The retailer said Wednesday it decided to close the stores...
  • Wet Seal closing 338 of its stores; nearly 3,700 full- and part-time employees losing jobs

    Wet Seal closing 338 of its stores; nearly 3,700 full- and part-time employees losing jobs
    Struggling teen clothing retailer Wet Seal is closing 338 stores, about two-thirds of its stores, resulting in nearly 3,700 full- and part-time workers losing their jobs. The retailer said Wednesday it decided to close the stores after reviewing its...
  • Friendly's Franchise Owner Files For Bankruptcy, Bridgeport Loses Store

    There's another lick of bad news for Friendly's restaurant fans. J & B Restaurant Partners of Long Island II, LLC, a franchise owner of 37 Friendly's in Connecticut and two other states, has filed for Chapter 11 bankruptcy protection and plans to close...
  • Obama hails auto industry comeback, Motor City revival

    WAYNE, Mich. President Barack Obama hailed the resurgence of the U.S. auto industry as well as Detroit's emergence from bankruptcy in a speech Wednesday at Ford's assembly plant in Wayne, Mich., where he was applauded by hundreds of Ford workers and...
  • Struggling retailer Wet Seal to shut 338 stores

    Orange County retailer Wet Seal Inc. pioneered the quick translation of Southern California's beachy lifestyle into fashions for young women. But now it is trying to avoid drowning in the competitive teen marketplace. The Foothill Ranch company said...
  • Congress extends phantom income exception for underwater homeowners

    Q: I sold my townhome through a short sale back in March. I had to sell it due to problems with tainted Chinese drywall. An investor purchased the home and completed gutted the house. (The neighboring homes are also contaminated with bad Chinese drywall.)...
  • Burbank Council Candidate: David Nos

    Burbank Council Candidate: David Nos
    At a Glance: Age: 63 Occupation: Self-employed -- CBFS (Printing and Email Management) Political affiliation: Republican Education:  Cal State University Northridge, Bachelor's degree in Music LA Valley College Notre Dame High School, St Finbar...
  • Quickly, Jan. 2: 'Ditka got fired'

    You haven’t heard about all the golden retriever maulings? It’s because of their large frame and bad upbringing. Retort to the quip about Mike Ditka giving the Bears hell: Ditka got fired after going 5-11 in his last year. Let’s put...