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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

Displaying items 100-110
  • Judge denies extension to Westport team

    Judge denies extension to Westport team
    U.S. bankruptcy judge Robert Gordon on Tuesday denied a bid for more time sought by Westport developer Patrick Turner, who has been trying for almost a decade to turn a blank swath of Baltimore's western waterfront into a vibrant, mixed-use community....
  • Local firms that rely on film industry fight to keep jobs here

    Local firms that rely on film industry fight to keep jobs here
    In 1958, Ed Michelson started a motion picture catering company — Michelson Food Services — and made food for the cast and crew on such classic films as "West Side Story" and "Some Like it Hot." Michelson was one of the first to operate a...
  • Daily Record parent Dolan to file for bankruptcy-law protection

    Daily Record parent Dolan to file for bankruptcy-law protection
    Dolan Co., which owns The Daily Record, plans to file for bankruptcy-law protection next week, the Minneapolis-based company announced Thursday. Dolan, a professional services and business information firm, showed signs of mounting financial distress...
  • Mt. Gox exchange says it found 200,000 missing bitcoins

    Mt. Gox exchange says it found 200,000 missing bitcoins
    Mt. Gox, the online bitcoin exchange that has filed for bankruptcy, said Thursday it had found 200,000 missing bitcoins during a search of its systems. The Tokyo-based company said that the missing coins were found March 7 during a search of its old...
  • Bankruptcy cancels Westport auction for a second time

    Bankruptcy cancels Westport auction for a second time
    Developer Patrick Turner got more time to find an investor for his ambitious Westport waterfront project after a creditor filed an involuntary bankruptcy petition Friday against a company that owns part of the property, blocking a scheduled foreclosure...
  • GM liability in fatal crash faces key test

    Margie Beskau would seem to have a strong lawsuit against General Motors for millions in damages. Eight years ago, her 15-year-old daughter, Amy Rademaker, died in a Chevrolet Cobalt — one of the cars the automaker has now admitted had a deadly...
  • Fugitive in 1996 fatal DUI case back in custody

    Fugitive in 1996 fatal DUI case back in custody
    Charged in 1996 with driving drunk and killing a woman, Chicago businessman Kyung Ho Song posted a low bond, liquidated assets worth more than $1 million and slipped out of the country to his native South Korea. For years he lived openly there in a glass-...
  • Jack Griffin named Tribune Publishing CEO; Eddy Hartenstein chairman

    Jack Griffin named Tribune Publishing CEO; Eddy Hartenstein chairman
    Veteran publishing executive Jack Griffin has been named chief executive of the new Tribune Publishing Co., leading a group of eight newspapers including the Los Angeles Times and Chicago Tribune. The publishing chain is being spun off as a separately...
  • Jack Griffin Named CEO Of Tribune Publishing

    Jack Griffin Named CEO Of Tribune Publishing
    Tribune Co. has named the leadership team for Tribune Publishing, which is preparing to spin off as a separate newspaper company later this year. Eddy Hartenstein, publisher and CEO of the Los Angeles Times, will serve as non-executive chairman of the...
  • Bitcoin founder or not, is he having fun messing with our heads?

    Bitcoin founder or not, is he having fun messing with our heads?
    There was already something kind of amusing about Bitcoin, a currency backed by the full faith and credit of magical thinking and traded (until a virtual heist) by, among others, a Tokyo-based company whose name, Mt. Gox, comes from “Magic: the...
  • Sbarro files for second bankruptcy in three years

    Sbarro filed for bankruptcy for the second time in three years as the pizza chain watches foot traffic slow in the malls many of its restaurants occupy. The Melville, N.Y., company filed for Chapter 11 protection in U.S. Bankruptcy Court in Manhattan on...