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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 111-121
  • 'Grudge' Financier Entertainment Farm Files for Bankruptcy

    TOKYO -- Entertainment Farm, a Tokyo-based film financier launched in 2002, has begun bankruptcy proceedings. The amount of its corporate debt, owned to 20 business partners, stands at a reported $13 million. Under the leadership of former...
  • Drought leaves dark cloud over California ranchers, growers

    Drought leaves dark cloud over California ranchers, growers
    CLOVIS, CALIF. — Beneath unyielding blue skies on a recent afternoon, Ryan Indart knelt down to examine what was left of one of his sheep pastures. Land that should have been lush with native grasses this time of year has been reduced to powdery...
  • FBI arrests two men in alleged $110-million Ponzi scheme

    FBI arrests two men in alleged $110-million Ponzi scheme
    FBI agents arrested the owners of a now-closed Southern California real estate investment firm for allegedly using the business to run a Ponzi scheme in which victims lost more than $110 million. John Packard, 63, of Long Beach and Michael Stewart, 66,...
  • Two men are accused of running $110-million Ponzi scheme

    FBI agents arrested the owners of a now-closed Southern California real estate investment firm on an indictment accusing them of using the business to run a Ponzi scheme that cost victims more than $110 million. John Packard, 63, of Long Beach and...
  • Twinkies, Ding Dongs at a discount: Big Lots in deal with Hostess

    Twinkies, Ding Dongs at a discount: Big Lots in deal with Hostess
    Ohio-based retailer Big Lots will soon sell Twinkies, Ding Dongs and other Hostess brand snacks at steep discounts.  The closeout chain announced Monday it will become the official discount retailer for Hostess snacks, filling a gap left by the...
  • 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...
  • When home improvement isn't an improvement

    When home improvement isn't an improvement
    Home improvement projects can easily cost tens of thousands of dollars, which means the stakes are high if something goes wrong. And things do. Maryland regulators received more than 4,400 complaints about home improvement contractors in the last...
  • Ex-Catonsville doctor charged with sexually assaulting patient in Western Md.

    Ex-Catonsville doctor charged with sexually assaulting patient in Western Md.
    The practitioner of a now-closed Catonsville laser surgery center who was convicted of raping a woman at gunpoint in 1987 was indicted by an Allegany County grand jury last week for sexually assaulting a patient behind locked doors. Dr. William Thomas...
  • Sony Pictures Imageworks moving L.A. headquarters to Vancouver

    In a further blow to Southern California's visual-effects industry, Sony Pictures Imageworks is moving its Los Angeles-area headquarters to Vancouver, Canada. The unit of Sony Pictures Entertainment said Thursday it was transferring the bulk of its...
  • Detroit's creditors want entire art museum collection to be fair game

    Detroit's creditors want entire art museum collection to be fair game
    Creditors in Detroit’s municipal bankruptcy have engineered a new appraisal aimed at putting the Detroit Institute of Arts' entire collection in play as a possible chip to maximize the amount the city will be obligated to ante up for debt repayment....