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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 56-66
  • 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

    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...
  • Shelton Factory Seeks Bankruptcy Protection

    A Shelton manufacturer of latex foam mattresses and the rubber latex supplied to other mattress and pillow manufacturers has filed for bankruptcy protection as it restructures its debt. The Chapter 11 bankruptcy will not disrupt service to its customers,...
  • 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...
  • No way to avoid tax hit liquidating SEP IRA

    By Ilyce Glink and Samuel J. Tamkin Q: My daughter purchased a little house for me to live in when I retire. I'm hopefully going to retire within the next 24 months. The house is owner financed at 5 percent with balance of $35,000 due in July. I want to...
  • Don't liquidate retirements savings to buy house

    By Ilyce Glink and Samuel J. Tamkin Q: We are 66 years old and retired and are looking at buying or building a new home. We currently own our home, which we have lived in for 35 years. Which would be the best bet, financing or paying cash for the next...
  • Brevard oncologist loses $89M Medicare fraud judgment

    Brevard oncologist loses $89M Medicare fraud judgment
    A Brevard County doctor, Wasfi Makar, was hit with an $89 million judgment on Wednesday in a whistleblower Medicare fraud case. For almost 20 years, Makar ran the American Cancer Treatment Centers in Rockledge and Titusville, which are now apparently...
  • City bike-sharing program delayed until summer of 2015

    City bike-sharing program delayed until summer of 2015
    The launch of Baltimore's bike-sharing program will be delayed until next summer after the hardware and equipment vendor selected by the city filed for bankruptcy, officials said Wednesday. The city is expected to seek new vendors through a bid...
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
  • GM recalls 59,628 Saturn Aura cars for transmission cable issue

    GM recalls 59,628 Saturn Aura cars for transmission cable issue
    DETROIT (Reuters) - General Motors Co is recalling 59,628 Saturn Aura mid-sized cars in the United States and Canada because the automatic transmission shifters may fail, according to documents filed with U.S. safety regulators. GM said it was aware of...