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(The Center Square) – Emergency Medical Service providers in Michigan’s eastern Upper Peninsula now have no way of directly recouping nearly $6 million in unpaid claims after Wellpath Holdings ...
Restaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across sectors. At least 10 restaurant chains, not including multi-unit franchisees ...
By the end of January 2007 Chemtura completed stock acquisition and ownership of Kaufman Holdings Corporation with an all-cash transaction. [6] [21] [22]The corporation operated as a debtor-in-possession (DIP) under the protection of the United States Bankruptcy Court for the Southern District of New York from 10 March 2009 through 10 November 2010.
The Ewings estimated they owed between 100 and 199 creditors. Some of the top creditors — 15 banks, credit card companies and credit unions — are together owed more than $1.9 million.
Best Products – filed for bankruptcy for the second time in September 1996 [33] [34] and closed all of its stores by the following February [35] [36] Brendle's – became bankrupt and liquidated in 1996 [37] [38] Consumers Distributing – sought bankruptcy protection in 1996; Ellman's – acquired by Service Merchandise in 1985 [39] [40]
Bebo (/ ˈ b iː b oʊ / BEE-boh) was an American social networking website that originally operated from 2005 until its bankruptcy in 2013. The site relaunched several times after its bankruptcy with a number of short-lived offerings, including instant messaging and video streaming, until its acquisition by Amazon in July 2019 when it was shut down.
NEW YORK (Reuters) -U.S. Bankruptcy Judge David Jones in Houston, who oversees more major Chapter 11 cases than any other U.S. judge, said on Friday he is facing an ethics review over a previously ...
In the spring of 2007, New Century ran into financial difficulties, and trading of its stock on the NYSE was halted. On April 2, 2007, it filed for Chapter 11 bankruptcy. [4] In July 2010, three officers of the company agreed to pay $90 million in settlements and were barred from serving as directors of public companies for five years. [5]