Tavern on the Green, a famous restaurant in the middle of Central Park, has filed for Chapter 11 Bankruptcy protection. It will have to yield its license to another operator. "In a statement, the current license...
created by Amy Judd | 11 wks ago | updated 10 wks ago 129 views | 6 recommendations | 3 comments
The $3 billion Fontainebleau Las Vegas resort project filed for Chapter 11 bankruptcy protection late on Tuesday, after a group of lenders pulled out of an $800 million loan that was needed to finish the...
created by Amy Judd | 24 wks ago | updated 24 wks ago 217 views | 2 recommendations | 0 comments
Goody's Family Clothing will liquidate next week, despite months of attempts to keep the US retail chain alive. "The retailer filed for bankruptcy protection on June 9, saying it had been hurt by high gasoline and food prices that had forced consumers to cut back on...
created by Terri Potratz | 46 wks ago | updated 45 wks ago 1867 views | 1 recommendation | 1 comment
In the wake of Monday morning's announcement that the Tribune Co. is filing for Chapter 11 bankruptcy, the company revealed many of its financial details, including a long list of hefty 'golden parachute' payouts to former top execs of Times Mirror.And to think that this...
created by Jarrett Martineau | 50 wks ago | updated 50 wks ago 579 views | 2 recommendations | 1 comment
"NEW YORK -- Air America Radio, a liberal talk and news radio network that features the comedian Al Franken, has filed for Chapter 11 bankruptcy protection, a network official told The AP.
The network had denied...
created by ecj-MAXINE | 3 years ago | updated 3 years ago 402 views | 0 recommendations | 2 comments
"Delphi not only halts production, breaks its union contract and lays-off workers, but it also bails on its underfunded pension liabilities. Awash in money GM seperated out Delphi for exactly those liablities. Now they come back to bite both companies in the ass. "
created by plawiuk | 3 years ago 383 views | 0 recommendations | 0 comments