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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 89-99
  • Senators attack culture of GM

    For just a few million dollars, General Motors Co. could have replaced a defective ignition switch that ultimately has been linked to 13 deaths and is expected to cost the automaker billions in repairs, fines and litigation. GM need only have spent an...
  • ABC Sues Prospect Park Seeking Unpaid Licensing Fees for 'One Life to Live,' 'All My Children'

    ABC has struck back against Prospect Park Networks -- the producer of now-dormant digital versions of "One Life to Live" and "All My Children" that filed for bankrupcy protection this week -- with the Alphabet net filing a lawsuit seeking at least $5...
  • Poster city of abandonment

    White flight, corporate flight . . . I grew up just outside Detroit and have felt an ache in my heart for this bleeding city for so many years now. It's long been one of the country's designated loser cities, beginning in the 1960s, when change hit it...
  • Quiznos files for bankruptcy amid heightened competition

    Quiznos files for bankruptcy amid heightened competition
    Sandwich chain Quiznos Corp. filed for pre-packaged bankruptcy protection on Friday after struggling with high debt and stiff competition for years. The Denver-based chain, known for pioneering the concept of toasted subs, said the restructuring would...
  • Spencer buying Brookstone out of bankruptcy

    Spencer buying Brookstone out of bankruptcy
    Retailer Brookstone Inc said it would be bought by the owner of Spencer's retail chain for about $147 million as part of a prepackaged bankruptcy plan. Brookstone sells products ranging from massage chairs to bathroom slippers through stores in malls...
  • Apartment tower proposed for Inner Harbor site

    Apartment tower proposed for Inner Harbor site
    A Pikesville developer will present plans to the city next week to build one of Baltimore's tallest buildings on the site of the former McCormick & Co. spice factory at the Inner Harbor, transforming the skyline with a luxury apartment tower. The Questar...
  • Bankruptcies Should Cover Student Loans, Too

    Allowing student loan debt to be discharged under bankruptcy laws, as recently advocated by Sen. Richard Blumenthal, is a matter of fairness. Currently, student loans are not dischargeable. Many people oppose the senator's proposal because they think it...
  • Clock could run out for Westport developers

    Clock could run out for Westport developers
    A U.S. bankruptcy court is scheduled to decide Tuesday whether to grant more time to developer Patrick Turner, who has tried for 10 years to transform the empty Westport waterfront from grassy marsh to a bustling neighborhood. The decision could end...
  • Judge denies extension to Westport team

    Judge denies extension to Westport team
    U.S. bankruptcy judge Robert Gordon on Tuesday denied a bid for more time sought by Westport developer Patrick Turner, who has been trying for almost a decade to turn a blank swath of Baltimore's western waterfront into a vibrant, mixed-use community....
  • How I Made It: Bill Dombrowski, California Retailers Assn. president

    How I Made It: Bill Dombrowski, California Retailers Assn. president
    The job: Bill Dombrowski is president of the California Retailers Assn., a trade group based in Sacramento that includes most of the country's largest store chains, including 7-Eleven Inc., Safeway Inc., Macy's Inc., Wal-Mart Stores Inc. and Home Depot...
  • Baltimore manufacturer awaits bankruptcy auction

    Baltimore manufacturer awaits bankruptcy auction
    When a Belgian firm tried to sell a Baltimore manufacturer to a company that planned to take jobs elsewhere, the local employees saved their livelihoods by buying their employer. Ten years later, another foreign company has stepped up to buy the company...