RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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
  • Crumbs files for bankruptcy; 1st step in re-opening plan

    Crumbs files for bankruptcy; 1st step in re-opening plan
    Crumbs Bake Shop has filed for Chapter 11 bankruptcy protection, the first step in its plan to be revived with Marcus Lemonis, a local investor and star of CNBC reality show "The Profit," and the owner of Dippin' Dots ice cream. Marcus Lemonis and...
  • Charles Tabb, of counsel, Foley & Lardner

     Charles Tabb, of counsel, Foley & Lardner
    Charles Tabb has joined law firm Foley & Lardner's Bankruptcy and Business Reorganizations Practice as of counsel in the Chicago office. Tabb spent 30 years on the faculty of the University of Illinois College of Law, where he holds an endowed chair and...
  • Culinary school costs leave a sour taste

    Culinary school costs leave a sour taste
    Dear Liz: I am 48 and planning on a career change. I was looking at a culinary school website and it looks pretty exciting. It is a two-year, full-time program and the cost is about $65,000, which doesn't cover the dorm or apartment expenses for living...
  • Credit counseling, not draining retirement account, is answer to debt spiral

    By Ilyce Glink and Samuel J. Tamkin Q: My wife and I are in a financial mess. I do not know who to turn to for advice on what we should do. I am a real estate appraiser, and business is down more than 50 percent from last year at this time. So as you can...
  • Psychiatrist among those charged in Towson drug raid

    Psychiatrist among those charged in Towson drug raid
    An addiction rehabilitation psychiatrist with a history of treatment for alcohol and drug abuse was among those charged Wednesday with manufacturing and distributing the drug Ecstasy at a Towson home. Dr. Priscilla W. Sheldon-Cost, 51, and her...
  • Thousands go without water as Detroit cuts service for nonpayment

    It has been six weeks since the city turned off Nicole Hill's water. Dirty dishes are piled in the sink of her crowded kitchen, where the yellow-and-green linoleum floor is soiled and sticky. A small garbage can is filled with water from a neighbor,...
  • Tips for gardening during a drought

    With the start of summer and more hot weather on the horizon, home gardeners in drought-stricken Southern California face a challenge: How to keep landscapes looking good while cutting back on water use. For ideas, we're talking to landscape and garden...
  • 1st Mariner Bank buyers close on sale

    1st Mariner Bank buyers close on sale
    Investors who tried for years to get a stake in 1st Mariner Bank have closed on their purchase of the Baltimore institution. New CEO Jack E. Steil and president Robert D. Kunisch Jr. said Wednesday that the deal was finalized Tuesday night. The...
  • Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy

    Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy
    Downtown Burbank restaurant Elephant Bar quickly and quietly went out of business recently, along with more than a dozen other locations, as its parent company filed for Chapter 11 bankruptcy protection. The restaurant was in business at First Street and...
  • Business bankruptcies ebb, but coming wave expected

    Business bankruptcies ebb, but coming wave expected
    Twenty-five U.S. public companies with a combined $56 billion in assets had filed for Chapter 7 and Chapter 11 bankruptcies through May 26, compared with 33 with $21 billion in assets in the same period last year. Skewing the latest numbers was the...
  • Speculation builds over sale of American Apparel

    Speculation builds over sale of American Apparel
    Is American Apparel Inc. up for sale? The Los Angeles company's abrupt ouster this week of Chief Executive Dov Charney has sparked intense speculation that it is now a prime takeover target. But those rumors were vehemently dismissed Friday by its...