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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.
  • 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...

    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...

    Rauner 'comfortable' with nursing home bankruptcy court setback

    Rauner 'comfortable' with nursing home bankruptcy court setback
    Republican governor challenger Bruce Rauner today said he’s “very comfortable” that a federal bankruptcy judge is letting a case proceed in which it is alleged the candidate’s longtime equity investment firm improperly handled...

    Victims get another small payment in Lou Pearlman fraud

    Victims get another small payment in Lou Pearlman fraud
    The trustee overseeing the Ponzi scheme of “boy band” promoter Lou Pearlman is sending out more checks to victims, but the amount is still paltry compared to the nearly $300 million fraud case. On Monday a second distribution of $5.6 million...