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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
  • 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-...
  • Former Bears quarterback Bob Avellini faces DUI charges again

    Former Bears quarterback Bob Avellini faces DUI charges again
    A DuPage County grand jury indicted former Bears quarterback Bob Avellini on felony drunken driving charges this week after his sixth DUI-related arrest since 2002. Avellini, 60, who played for the Bears from 1975 to 1984, was stopped by Roselle...
  • Customers win lawsuits against Norton Oil

    Ten people burned by the sudden and unexpected closure of Norton Oil Co. turned to the courts Wednesday to try to get their money back for heating oil they purchased that was never delivered. Each of them emerged from the courtroom victorious. But the...
  • South Austin pastor lives lavishly while West Side projects languish

    South Austin pastor lives lavishly while West Side projects languish
    Hoping to create 40 jobs and spark economic activity on a downtrodden corner, city officials helped pastor John Abercrombie build a fast-food restaurant a decade ago in South Austin. All that remains of those hopes today is a vacant cinder-block shell...
  • Casey Anthony asks judge to block deposition in Zenaida Gonzalez case

    Casey Anthony asks judge to block deposition in Zenaida Gonzalez case
    Attorneys for Casey Anthony have asked her Chapter 7 bankruptcy judge to prevent her from having to answer the questions of a woman suing her for defamation, Zenaida Gonzalez. Gonzalez's attorneys scheduled Anthony for a deposition on Wednesday. But in a...
  • Casey Anthony asks judge to toss suits so she can get a 'fresh start'

    Casey Anthony asks judge to toss suits so she can get a 'fresh start'
    Casey Anthony's lawyers filed a pair of motions on Thursday, asking a federal judge to throw out two defamation claims against her so she can get another step closer to a "fresh start" through bankruptcy. Two people suing Anthony for defamation,...
  • Comings and goings: Women's chain closes stores

    Comings and goings: Women's chain closes stores
    Business news in the south suburbs. Dots closing Dots, a national women's fashion discount retailer, has started going-out-of-business sales at all 360 of its stores, including eight in the south suburbs. Customers holding gift cards can use them...
  • Casey Anthony settles with Texas EquuSearch

    Casey Anthony settles with Texas EquuSearch
    Casey Anthony is a step closer to a financial clean slate after her bankruptcy lawyers reached a settlement with Texas EquuSearch, the search-and-recovery group that scoured Central Florida for her daughter in 2008. EquuSearch was one of three Anthony...
  • Casey Anthony won't have to pay most of debts

    Casey Anthony won't have to pay most of debts
    Casey Anthony will not have to pay most of the thousands of dollars of debts listed in her bankruptcy case, a judge ruled Tuesday. The ruling from U.S. Bankruptcy Judge K. Rodney May does not close Anthony's case and does not determine how much money,...
  • Judge approves Casey Anthony's settlement with Texas EquuSearch

    Judge approves Casey Anthony's settlement with Texas EquuSearch
    Casey Anthony's bankruptcy judge has approved her settlement with Texas EquuSearch, the search-and-recovery group that scoured Central Florida for her daughter in 2008. Under the terms of the settlement, filed for U.S. Bankruptcy Judge K. Rodney May's...
  • American Airlines' former CEO gets $17-million severance package

    Thomas Horton, who was American Airlines' chief executive when its parent company filed for bankruptcy, will get his severance package valued at about $17 million. That was among the first decisions made by the new American Airlines after it emerged...