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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles see all

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  • Stereo D plans expansion into Canada

    Stereo D plans expansion into Canada
    Stereo D, a Burbank visual effects company, plans to move a significant portion of its workforce north of the border.
  • Parliament House files for Chapter 11 bankruptcy

    Parliament House files for Chapter 11 bankruptcy
    Parliament House, a gay resort and entertainment complex, filed for Chapter 11 bankruptcy on Friday citing $15.5 million in debt. The 4.5-acre complex defaulted on loans during the recession in 2009 and has been locked into a foreclosure and refinancing...

    Florida accuses former Digital Domain Media officers of fraud

    Florida accuses former Digital Domain Media officers of fraud
    The state of Florida has filed a lawsuit against the former officers of Digital Domain Media, accusing them of defrauding the state and local governments out of $82 million. Digital Domain Media was the former owner of the Venice visual effects...

    Effects firm Sony Pictures Imageworks leaving L.A. area for Canada

    In a further blow to Southern California's visual-effects industry, Sony Pictures Imageworks is moving its Los Angeles-area headquarters to Canada. One of Hollywood's leading visual effects companies said Friday that it will move into a new facility...

    Shelton Factory Seeks Bankruptcy Protection

    A Shelton manufacturer of latex foam mattresses and the rubber latex supplied to other mattress and pillow manufacturers has filed for bankruptcy protection as it restructures its debt. The Chapter 11 bankruptcy will not disrupt service to its customers,...