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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
  • 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 &#...
  • 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...
  • 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...
  • Shrinking would untangle regulation: Front Burner

    The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The seventh-largest bank in the U.S. at the time, Continental Illinois had $40 billion in assets, but many of those assets were bad...
  • Seminole County judicial race draws incumbent, two challengers

    Seminole County judicial race draws incumbent, two challengers
    In this year's one contested race for Seminole County judge, voters must decide between incumbent Jerri Collins and two candidates who have filed for bankruptcy, Alex Finch and Sandra I. Rivera. Collins, 52, has been on the bench eight years,...
  • Bankruptcy judge suggests arrest of 'Girls Gone Wild' founder Joe Francis

    Bankruptcy judge suggests arrest of 'Girls Gone Wild' founder Joe Francis
    Joe Francis could be headed for a jail cell. Again. The "Girls Gone Wild" founder, famous for tempting intoxicated spring-breakers to mug for cameras topless and French kiss their friends in videos he'd later make millions from, could now be the subject...
  • Recalled products sold by Best Buy, liquidators

    Recalled products sold by Best Buy, liquidators
    The U.S. Consumer Product Safety Commission (CPSC) and Best Buy are warning consumers that 10 different recalled products continued to be sold or were resold by Best Buy, Magnolia stores and liquidators Best Buy Private Auction, CowBoom and...
  • 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...
  • Fresh & Easy files for Chapter 11 bankruptcy protection

    Fresh & Easy files for Chapter 11 bankruptcy protection
    Fresh & Easy Neighborhood Market Inc. filed for Chapter 11 protection in U.S. Bankruptcy Court less than a month after being promised to Los Angeles billionaire Ron Burkle. The grocery chain, in the process of trading hands from British supermarket...
  • Quizno's files for bankruptcy, but you can still get a toasted sub

    Quizno's files for bankruptcy, but you can still get a toasted sub
    Quizno's, the sandwich chain known for its toasted sandwiches, filed for bankruptcy protection Friday. But toasters at locations around the country will remain hot and ready.  The Denver-based company's board voted for a pre-packaged restructuring...
  • U.S. sues to block American Airlines-US Airways merger

    U.S. sues to block American Airlines-US Airways merger
    After years of airline mergers that have dramatically reduced choices for travelers, the U.S. Justice Department has sued to halt what would be the largest airline marriage in U.S. history. The Justice Department joined six states and the District of...