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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 34-44
  • Paula Whites' former church up for auction

    Paula Whites' former church up for auction
    Without Walls International, the former church of Paula White, is being forced by a bankruptcy court to auction off its Lakeland church property on July 7. Once one of the largest and most dynamic megachurches in the county, Without Walls began to...
  • Spyker liquidating assets doesn't bode well

     
    Filed under: Auctions, Spyker If there's any company that's faced some ups and downs, surely it's Spyker. The Dutch coachbuilder originally started out in 1880 and shut down in 1926, laying dormant until resurfacing in 1999. Things were going alright...
  • 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...
  • 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...
  • 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...
  • 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 &#...
  • 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...
  • 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,...
  • U.S. municipal market on edge over Puerto Rico power authority

    WASHINGTON (Reuters) - Creditors to Puerto Rico's troubled electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power...
  • States intervene in city fiscal crises

    WASHINGTON When Illinois Gov. Pat Quinn signed an overhaul of two pension systems for Chicago city workers last month, he inserted the state into the city's budget business and set off a political firestorm that will heat up this fall's elections. Quinn,...
  • Judge urged to reject Energy Future's $2 billion bankruptcy loan plan

    WILMINGTON Del (Reuters) - Creditors of bankrupt Energy Future Holdings, Texas' biggest power company, urged a judge to slow its Chapter 11 case and warned if a key refinancing proposal was approved it might block better deals from being considered. In...