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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 78-88
  • Should Rembrandt, Van Gogh help bail out a bankrupt Detroit?

    Should Rembrandt, Van Gogh help bail out a bankrupt Detroit?
    DETROIT — The Christie's appraisers enter on Mondays, when the museum is closed, and either inspect what's on the walls or ask to see some of the thousands of works not on display, sometimes sending Detroit Institute of Arts technicians on half-...
  • Casey Anthony settles with Texas EquuSearch

    Casey Anthony settles with Texas EquuSearch
    Casey Anthony is a step closer to a financial clean slate after her bankruptcy lawyers reached a settlement with Texas EquuSearch, the search-and-recovery group that scoured Central Florida for her daughter in 2008. EquuSearch was one of three Anthony...
  • Grace reports falling income

    Grace reports falling income
    Chemical maker W.R. Grace & Co. said Wednesday that its income in the third quarter fell 8 percent from a year earlier as it continues to deal with challenges in its catalysts business, which includes products used in oil refining. But its earnings per...
  • The hard question for Detroit bankruptcy judge is not about debt

    The hard question for Detroit bankruptcy judge is not about debt
    Detroit went into federal bankruptcy court on Monday hoping to prove what most people already know: It is poor and $18 billion in debt, its residents aren’t getting adequate municipal services and there is no real way to rebound without some sort of...
  • Digital Domain invested $17 million in 'Ender's Game'

    Digital Domain invested $17 million in 'Ender's Game'
    Digital Domain, the visual-effects company that is co-producing the Lionsgate movie "Ender's Game," invested about $17 million in cash to help produce the much-anticipated movie, two former company executives said. In a highly unusual move, the...
  • Digging into Detroit's bankruptcy filing

    Digging into Detroit's bankruptcy filing
    Detroit has once again been in the headlines as the city and its creditors battle in court over whether the city is eligible to receive bankruptcy protection. Municipal bankruptcy, like just about everything else that contains the word "municipal" or...
  • Gov. Snyder says he 'worked diligently' to avoid Detroit bankruptcy

    DETROIT — As protesters marched outside, Michigan Gov. Rick Snyder testified in federal court Monday that he “worked very diligently” to avoid Detroit’s historic bankruptcy as attorneys for employee unions and retirees grilled...
  • Fox & Obel takes down website, weeks after closing

    Fox & Obel takes down website, weeks after closing
    The website of former Streeterville grocer Fox & Obel was shut down Thursday, more than three weeks after the store’s closing, following action Illinois Attorney General’s office spurred by a Tribune inquiry. Up until midday Thursday, the...
  • St. Mary's College in turmoil

    St. Mary's College in turmoil
    St. Mary's College of Maryland, which for years has enjoyed a reputation as a gem among the state's public institutions, finds itself on the defensive as a projected admissions shortfall has come to light, the president has resigned and an outspoken...
  • Orange County producer gets 27 years in B-movie Ponzi scheme

    Orange County producer gets 27 years in B-movie Ponzi scheme
    An Orange County movie producer convicted of bilking mostly elderly investors out of $9.5 million in a Ponzi scam involving B movies such as “Confessions of a Pit Fighter” and “Lake Dead” has been sentenced to 27 years in state...
  • Casey Anthony bankruptcy judge: Lawsuits can move forward

    Casey Anthony bankruptcy judge: Lawsuits can move forward
    TAMPA — The legal fight over Casey Anthony's bankruptcy will continue, after a judge on Tuesday ruled that a pair of complaints filed by people suing her for defamation can move forward in federal court. It was a defeat for Anthony, who now faces a...