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Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
It filed for bankruptcy in 1996 and shuttered stores, and another bankruptcy in 1999 put the company out of business. [55] Cygnet Shops – women's fashion store that closed in 1975; DEB – closed its stores in 2015, and returned later that year as an online-only retailer selling plus-size clothing
In late 2018, the brand name was pulled out of bankruptcy protection; plans were made for it to return in the form of specialty stores under the name "Geoffrey's Toy Box." [312] Tru Kids acquired the Toys "R" Us and Babies "R" Us brands in February 2019. Toys "R" Us reopened under this new management in 2019 with stores in New Jersey and Texas ...
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
Miami-based Cano Health, which runs 80 medical centers in Florida, says it’s now in a good place after cutbacks and bankruptcy — and is rolling out a series of improvements.
The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
A small university in Michigan has agreed to change its name from Rochester University to Rochester Christian University, bowing to a trademark infringement lawsuit by the University of Rochester.
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related to: changing business name in michigan due to bankruptcy