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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 89-99
  • UPDATE: Lumber Liquidators transferring Hampton workforce to new facility

    UPDATE: Lumber Liquidators transferring Hampton workforce to new facility
    In an effort to prepare for the opening of its new East Coast distribution center, Lumber Liquidators announced plans Tuesday to transfer more than 95 percent of its Hampton workforce to Henrico County.  Toano-based Lumber Liquidators operates a 603,000...
  • Bankruptcy only solution for Pa.'s fiscal problems

    Bankruptcy only solution for Pa.'s fiscal problems
    As a businessman, Gov.-elect Wolf will be facing a $30 billion state budget and a $50 billion debt to the state pension systems for teachers and government workers. Having worked myself for 20-plus years with companies that were fiscally challenged, I...
  • Delford Smith dies at 84; aviation entrepreneur bought 'Spruce Goose'

    Delford Smith dies at 84; aviation entrepreneur bought 'Spruce Goose'
    Delford Smith, a rags-to-riches entrepreneur who reportedly bought his mother a home when he was 11, founded a worldwide aviation business and later purchased Howard Hughes' "Spruce Goose" for a museum he built in McMinnville, Ore., has died. He was 84....
  • Culver's chain comes to Central Florida

    Culver's chain comes to Central Florida
    Wisconsin-based restaurant chain Culver's will soon have its first Central Florida location, in Clermont at the corner of Johns Lake Road and U.S. 27. Local businessman Mike Ladisa just purchased 1.29 acres for $830,000 to build his franchise location...
  • With court's approval, Detroit emerges from bankruptcy

    Detroit emerged Friday from the nation’s largest municipal bankruptcy with a life line as it seeks to recover from an ocean of debt and mismanagement that threatened to drown the onetime symbol of U.S. industrial might. The court approval of the...
  • Sears stock up on plan to sell its buildings, lease them back via REIT

    Sears Holdings' stock soared Friday after the struggling retailer said it's considering selling about 200 to 300 of its buildings to boost its liquidity. The move would entail the company forming a real estate investment trust, or REIT, that would hold...
  • Ambulance company sues federal investigators

    A Glendale-based ambulance company is claiming that its operators were targeted in a federal corruption investigation, during which the company was denied millions in Medicare funding because of their ethnicity and driven into bankruptcy, according to a...
  • Judge set to rule on Detroit bankruptcy exit plan

    A federal judge is expected to rule Friday on a restructuring plan that would allow Detroit to exit bankruptcy protection, the latest step in the city’s complex path out of decades of financial woe. Detroit had sought Chapter 9 bankruptcy...
  • Tollway's list of 'Super Scofflaws' keeps growing

    Tollway's list of 'Super Scofflaws' keeps growing
    Tae Young Kim is caught in a bind. The Illinois Tollway says his Prospect Heights limousine business owes nearly $800,000 in tolls and fines, an amount he says is impossible to pay. That debt — the result of thousands of unpaid tolls over...
  • NHL pluses and minuses: Are the Islanders for real?

    Times columnist Helene Elliott rates the pluses and minuses in the NHL from the past week: + Arizona State shook up college hockey last week by announcing it will upgrade its men's club hockey program to full NCAA Division I status over the next three...
  • Small town with several detention centers debates if it needs another

    Small town with several detention centers debates if it needs another
    The budget deficit and the detention centers are about the only things growing in this economically depressed high-desert city. Amid the tumbleweeds on the edge of town, construction crews are adding 650 beds at a privately run detention facility for...