Bankruptcies

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 2018-10-20 21:12 

Daily Wire

WATCH: Kmart Employee Offers Emotional Last Call As Store Closes For Final Time...

As Sears Holdings struggles to stay above water, recently filing for Chapter 11 bankruptcy protection, many of its subsidiaries have been shutting down. According to Business Insider , Sears plans on closing approximately 65 of its subsidiary K-Mart store...

 2018-10-20 19:06 

KIVI/KSAW

[ Boise ]

Idaho festival promoter files for bankruptcy...

IDAHO FALLS, Idaho (AP) -- The organizer of a rock music festival, who sold tickets for the August event that never took place, has filed for bankruptcy without reimbursing some ticket holders....

 2018-10-20 17:57 

Raw Story

If CEOs should have been the fall guys for the 2008 financial collapse then why are they still heroes?...

On 15 September 2008, the giant financial services firm Lehman Brothers filed for bankruptcy, starting a chain reaction that saw the global economy spiralling toward total collapse. The global financial crisis that ensued revealed just how fragile and uns...

 2018-10-20 16:21 

US News & World Report

Idaho Music Festival Promotor Files for Bankruptcy...

The organizer of a rock music festival who sold tickets for the August event that never took place has filed for bankruptcy without reimbursing some ticket holders....

 2018-10-20 16:21 

Idaho Press-Tribune

Idaho music festival promotor files for bankruptcy...

IDAHO FALLS, Idaho (AP) — The organizer of a rock music festival who sold tickets for the August event that never took place has filed for bankruptcy without reimbursing some ticket holders....

 2018-10-20 15:22 

The Daily Mail

Former Eggheads star CJ de Mooi files for bankruptcy after spending thousands on legal costs...

CJ de Mooi, former BBC Egghead quiz show star, has reportedly filed for bankruptcy after spending thousands on legal costs in his fight against being extradited for murder by Dutch authorities....

 2018-10-20 15:00 

Washington Times

Trustee for troubled dairy wants to auction off herd...

SALEM, Ore. (AP) - The bankruptcy trustee for Oregon's troubled Lost Valley Farm dairy has decided to auction off its cows. The Statesman Journal reports trustee Randy Sugarman filed a motion with a California bankruptcy court this week asking for app...

 2018-10-20 14:01 

NPR

Sears Is Fading, But Memories Of Its Mail-Order Homes Endure...

In the early 1900s, Sears sold thousands of homes around the U.S. through its mail-order catalogs. Many of those houses are still around and their owners are saddened by the retailer's bankruptcy....

 2018-10-20 10:15 

Sun Herald

How winning $1 billion in Mega Millions could lead to bankruptcy...

The U.S. Mega Millions lottery is holding a drawing on Oct. 19 for a jackpot that's swelled to US $1 billion after the 24 drawings held since the end of July failed to yield a winner....

 2018-10-20 09:50 

The Week

Sears: American tragedy or creative destruction?...

The smartest insight and analysis, from all perspectives, rounded up from around the web: "Shriveled and sickly," the once mighty Sears "limped into bankruptcy" this week, said Suzanne Kapner at The Wall Street Journal . The 125-year-old r...

 2018-10-20 07:00 

Arizona Daily Star

Esther Cepeda: Mourning the loss of Sears — along with a vivid chapter of my childhood...

I know nostalgia is a bad look, but please bear with me — this Chicagoan is feeling the Sears bankruptcy deep in the solar plexus....

 2018-10-20 01:16 

Hollywood Reporter

Filmmaker Urges Open Road Bankruptcy Judge to Unpause 'Nightcrawler' Copyright Lawsuit...

Richard Dutcher is set to take Open Road to trial in December with a claim that 'Nightcrawler9; copied his 2007 film 'Falling.'...

 2018-10-20 00:59 

Chicago Sun-Times

David's Bridal flirts with possible bankruptcy after skipping debt payment...

David's Bridal has at least 10 stores in Illinois, including one in Chicago....

 2018-10-20 00:55 

Malay Mail Online

Vertu's US$5,000 Aster P smartphone launches in China...

BEIJING, Oct 20 — After announcing bankruptcy last year, Vertu is celebrating its return to the market with a US$5,000 (RM20,779) titanium and 133-carat crystal glass smartphone according to a report. Why get a smartphone with a wimpy Gorilla......

 2018-10-19 23:30 

Idaho Press-Tribune

2018 weekly bankruptcies...

Bankruptcies for Oct. 19...

 2018-10-19 22:22 

Fox Business

Fitch raises Cyprus' credit rating to investment grade...

International agency Fitch has raised Cyprus' credit rating by one notch to BBB-, elevating the Mediterranean island nation back into investment grade more than five years after a financial crisis nearly drove it into bankruptcy....

 2018-10-19 22:19 

WIVB

[ Buffalo, NY ]

Tonawanda Coke workers finding employment elsewhere, union rep says...

The Tonawanda Coke workers who lost their jobs when the company announced it would close and file for bankruptcy earlier this week are finding jobs in other facilities, a representative for their union said Friday. According to state records, 129 workers ...

 2018-10-19 21:49 

Reuters

Pacific Drilling shareholder wants up to $13 mln for legal, other costs...

Pacific Drilling SA's controlling shareholder is seeking a court order to get up to $13 million reimbursed for its legal and other professional costs during the drillship operator's bankruptcy, which is nearing its end.'...

 2018-10-19 21:37 

WWNY

[ Watertown ]

Judge Approves Paper Mill Sale...

A federal bankruptcy court judge in Syracuse made it official Friday: Ox Industries is the new owner of Carthage Specialty Paperboard....

 2018-10-19 21:18 

WGRZ

[ Buffalo, NY ]

Tonawanda Coke employees will get paid...

A U.S. Bankruptcy judge ruled Friday morning that Tonawanda Coke employees can be paid....

 2018-10-19 20:51 

Salon

How winning $1 billion in Mega Millions could lead to bankruptcy...

Research suggests hopeful ticket holders should be careful what they wish for...

 2018-10-19 20:50 

Chicago Tribune

David's Bridal skips loan payment and may be on the brink of bankruptcy, but it's telling brides not to panic...

David's Bridal, the nation's largest independent provider of wedding gowns, may be on the brink of bankruptcy after skipping an interest payment on a $270 million loan earlier this week. The Pennsylvania-based chain, which outfits 1 in 3 U.S. brid...

 2018-10-19 20:47 

The Sun

Eggheads star CJ de Mooi declared bankrupt after murder extradition battle...

EGGHEADS star CJ de Mooi has declared himself bankrupt following an extradition battle with murder cops in Holland. The former BBC quiz master filed his bankruptcy paperwork with Reading Insolvency Service on September 26. It's believed he racked up a...

 2018-10-19 20:25 

NPR

Tears For Sears...

A storied American retailer has filed for bankruptcy....

 2018-10-19 20:21 

Marketwatch.com

V.F. Corp. shares sink nearly 11% as the jeans business takes a hit from Sears bankruptcy...

V.F. Corp. stock took a hit after the company revealed the impact of the Sears bankruptcy on its jeans business and reported a slowdown in Europe....

 2018-10-19 19:35 

Scranton Times Tribune

Judge: Federal prosecutors violated woman's right to speedy trial...

A Wayne County woman charged with bankruptcy fraud cannot be prosecuted because federal prosecutors took too long to bring her to trial, a judge ruled. Senior U.S. District Judge James Munley said the U.S. attorney's office violated the speedy trial r...

 2018-10-19 18:57 

WTOP

How winning $1 billion in Mega Millions could lead to bankruptcy...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jay L. Zagorsky, Boston University (THE CONVERSATION) The U.S. Mega Millions lottery is holding a drawing on Oct. 19......

 2018-10-19 18:57 

The Conversation

How winning $1 billion in Mega Millions could lead to bankruptcy...

The U.S. Mega Millions lottery is holding a drawing on Oct. 19 for a jackpot that's swelled to US$1 billion after the 24 drawings held since the end of July failed to yield a winner. This princely sum is drawing such attention that more people are buy...

 2018-10-19 18:57 

The Conversation

How winning $1.6 billion in Mega Millions could still lead to bankruptcy...

The U.S. Mega Millions lottery jackpot swelled to a record US$1.6 billion after the 25 drawings held since the end of July including the latest on Oct. 19 failed to yield a winner. That ties it for the largest lottery grand prize the world has ever seen. ...

 2018-10-19 18:56 

PennLive.com

David's Bridal misses debt payment; Is bankruptcy next: reports...

David's Bridal failed to make a key loan payment Monday, according to reports....

 2018-10-19 18:07 

New Zealand Herald

Woman jailed for ripping off Rotorua company again...

A woman who pushed a Rotorua business to the brink of bankruptcy by stealing more than $300,000 from them has again tried to rip them off, less than a year after being released from jail.Tania Joy Malcolm ......

 2018-10-19 17:55 

Chicago Tribune

Two Chicago-area Sears stores: One shows run-down present, the other debuts scaled-down future...

The Sears stores in Niles and Oak Brook opened within two years of each other in the early 1960s. Both topped 200,000 square feet and anchored their respective malls, with grand openings attended by company executives. Today, they bear only a passing rese...

 2018-10-19 17:28 

WIVB

[ Buffalo, NY ]

Tonawanda Coke's president outlines what led to the company's demise...

Tonawanda Coke's president said the demands placed on them after its 2013 criminal conviction for violating environmental laws led to its demise. Michael K. Durkin, Tonawanda Coke's president since 2014, stated in a declaration in bankruptcy court...

 2018-10-19 17:00 

The Morning Call

[ Allentown ]

Some Sears suppliers keep their distance after bankruptcy...

Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their...

 2018-10-19 16:55 

Chicago Tribune

Burned by Toys R Us, some Sears suppliers keeping their distance after bankruptcy...

Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their "ongoing support." That's been a difficult pitch. Some vendors have stopped shipping products to the retailer over concerns...

 2018-10-19 15:55 

Bloomberg

Some Sears Suppliers Keep Their Distance After Bankruptcy...
 2018-10-19 15:55 

BloombergQuint

Some Sears Suppliers Keep Their Distance After Bankruptcy...

Some Sears Suppliers Keep Their Distance After Bankruptcy...

 2018-10-19 15:54 

Bradenton Herald

There were big plans for the Desoto Square mall. Are they working?...

About a year after Desoto Square mall in Bradentoncame under new ownership, how is it fairing?...

 2018-10-19 15:46 

Miami Herald

Wireless speakers recalled for catching fire. The company that sold them is in bankruptcy...

Brookstone's problems, which include being in Chapter 11 bankruptcy, didn't get any better Friday with the recall of about 164,000 Big Blue Party wireless speakers. They can ignite a party ... Click to Continue...

 2018-10-19 15:16 

The Daily Mail

Katie Price 'stressed and tearful after realising she can't afford new home amid bankruptcy woes'...

A source close to the model told The Sun: 'Katie is starting to really worry about where she will end up living if she loses her Sussex mansion, which is looking more and more likely.'...

 2018-10-19 15:15 

Fortune

Bankruptcy Questions Circle David's Bridal as It Misses Debt Payment...

Nation's leading wedding retailer could be in for some belt tightening....

 2018-10-19 14:00 

CNBC

3 mistakes you shouldn't make if you win the $970 million Mega Millions jackpot...

Lottery winners are more likely to declare bankruptcy within three to five years than the average American, the Certified Financial Planner Board of Standards reports....

 2018-10-19 13:51 

The Daily Mirror

Dwight Yorke hoping to clear 1.5m tax debt as former Man Utd star bids to avoid bankruptcy...

The 46-year-old has identified a property sale as the solution to his financial troubles...

 2018-10-19 13:50 

Chicago Tribune

Sears burning cash as it bets on loans from its chairman for survival...

Fast-dwindling cash is casting doubt on whether Sears Holdings Corp. can firm up its survival plan in time to avoid liquidation. Sears is expected to bleed $220 million in just the first month of its bankruptcy, court filings show, cutting deep into the $...

 2018-10-19 13:01 

The Sun

Broke Katie Price 'constantly in tears' after realising she can't afford to buy anywhere new to live as she faces losing her messy mansion...

KATIE Price has been left in constant tears after realising she can't afford a new home as she faces losing her messy mansion. The 40-year-old is currently on the verge of bankruptcy and needs to take drastic measures to keep a roof over her and her f...

 2018-10-19 12:53 

The Daily Mail

Dwight Yorke hopes property sale will clear 1.5......

An Insolvency and Companies Court hearing heard Yorke owed HMRC 1.5 million and was the subject of a bankruptcy petition....

 2018-10-19 12:51 

The Next Web

Even bankruptcy can't keep Vertu from selling $4,000 phones...

UK-based brand Vertu made a name for itself handcrafting luxury phones that included premium materials, precious stones, and a global concierge service. It went under a year ago, because (shocker) not enough people were buying its $20,000 devices. But if ...

 2018-10-19 12:17 

Korea Joongang Daily

Stricken Skinfood goes into debt workout...

Cash-strapped beauty brand Skinfood announced Friday that it has received court approval to begin a debt workout program. The decision from the Seoul Bankruptcy Court comes....

 2018-10-19 12:16 

Yahoo News

Here are all of the Sears and Kmarts left in the U.S....

Sears has officially filed for bankruptcy after years of poor sales and massive losses. This map shows where Sears and Kmart will remain — for now — after filing for bankruptcy....

 2018-10-19 10:30 

Herald Sun

Stigma gone as hundreds file for bankruptcy...

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