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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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  • 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.
  • 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. The company, which specializes in the conversion of movies to a 3-D format, told employees this morning that the studio is planning...

    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...

    1st Mariner buyers win regulatory approval

    1st Mariner buyers win regulatory approval
    The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter. The purchasers &#...

    Bankruptcy doesn't have to be so messy for courts

    Bankruptcy courts are the mark of an advanced legal society. Think of the alternatives. Debt-slavery is inhumane. Debtors' prison is inefficient. And breaking a trader's bench and banning him from the market doesn't get anybody's assets back. But how...