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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 23-33
  • Digital Soaps Producer Prospect Park Networks Files for Bankruptcy

    Prospect Park Networks, which last year launched new version of soaps "One Life to Live" and "All My Children" online before becoming embroiled in a legal dispute with ABC, announced that it has filed for bankruptcy protection. Prospect Park, the...
  • ABC Sues Prospect Park Seeking Unpaid Licensing Fees for 'One Life to Live,' 'All My Children'

    ABC has struck back against Prospect Park Networks -- the producer of now-dormant digital versions of "One Life to Live" and "All My Children" that filed for bankrupcy protection this week -- with the Alphabet net filing a lawsuit seeking at least $5...
  • Poster city of abandonment

    White flight, corporate flight . . . I grew up just outside Detroit and have felt an ache in my heart for this bleeding city for so many years now. It's long been one of the country's designated loser cities, beginning in the 1960s, when change hit it...
  • Quiznos follows Sbarro into bankruptcy

    Quiznos follows Sbarro into bankruptcy
    Quiznos, the Denver-based sandwich chain, said Friday it had filed for Chapter 11 bankruptcy in Delaware, the second quick-service restaurant chain in a week to do so. The filing is expected to be speedy, as Quizno's senior leadership had already...
  • Bankruptcies Should Cover Student Loans, Too

    Allowing student loan debt to be discharged under bankruptcy laws, as recently advocated by Sen. Richard Blumenthal, is a matter of fairness. Currently, student loans are not dischargeable. Many people oppose the senator's proposal because they think it...
  • 'Real Housewives' stars plead guilty to fraud charges in N.J.

    Two stars of the reality television show “Real Housewives of New Jersey” face the reality of prison after pleading guilty on Tuesday to federal charges of committing a long-running financial fraud. Teresa and Giuseppe “Joe”...
  • 'Real Housewives' Stars Plead Guilty to Fraud

    NEWARK, N.J. (AP) -- A "Real Housewives of New Jersey" star and her husband face prison time after they pleaded guilty Tuesday to federal fraud charges for concealing income and lying during bankruptcy proceedings. In contrast to their often raucous on-...
  • 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....
  • Effects firm Sony Pictures Imageworks leaving L.A. area for Canada

    In a further blow to Southern California's visual-effects industry, Sony Pictures Imageworks is moving its Los Angeles-area headquarters to Canada. One of Hollywood's leading visual effects companies said Friday that it will move into a new facility...