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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
  • Social Security disability backlog in Md. among highest in nation

    Social Security disability backlog in Md. among highest in nation
    The Social Security Administration office that reviews disability claims for Central Maryland has the third-longest processing delay in the nation — a backlog that prompted a member of the state's congressional delegation on Monday to call for...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
  • First Mariner says stock to be delisted in June

    First Mariner says stock to be delisted in June
    First Mariner Bancorp's days of publicly traded stock are coming to an end. The Baltimore-based company said in a U.S. Securities and Exchange Commission filing Monday that it expects its stock will be delisted from the OTC Bulletin Board as soon as...
  • 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...
  • Stake in Sparrows Point could be sold to local group

    Stake in Sparrows Point could be sold to local group
    The owner of the closed Sparrows Point steel mill is working on selling a "significant percentage" of its stake in the property to local buyers, raising hopes for its eventual redevelopment. An attorney disclosed the potential sale this week in a court...
  • CNBC star Marcus Lemonis plans to revive Crumbs cupcake chain

    CNBC star Marcus Lemonis plans to revive Crumbs cupcake chain
    Days after closing all its stores amid financial struggles, Crumbs Bake Shop Inc. could get a second chance after an investor group said it plans to revive the brand and expand its offerings. Marcus Lemonis — who heads Camping World and Good Sam...
  • New company set to take over Lido Theatre

    New company set to take over Lido Theatre
    For 75 years, the light pink Lido Theatre in Newport Beach has welcomed moviegoers onto the Balboa Peninsula. But an asset manager for the theater's property owner has a new vision for the space, now surrounded by development, and in need of, as she put...
  • 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...
  • 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...
  • GM Releases Ignition Switch Report

     
    GM's CEO Mary Barra in a employees' town-hall meeting today announced that 15 employees have been fired and five others disciplined over the handling of the faulty ignition switches. An internal audit, which Barra called "extremely thorough, brutally...