Highlights
A collection of news and information related to Financially Distressed Companies published by this site and its partners.
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Foreclosure means new owners for troubled apartments
Time has run out for the owners of notoriously run-down apartments in west Orlando: Their bankruptcy case has been thrown out, OUC shut off their office's electricity last week and now most of their properties have been foreclosed on by Fannie Mae....Tags: Bankruptcy, Fannie Mae, Fines, Property, Rental Service
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Casey Anthony may 'disappear' if lawsuits proceed in state court, her bankruptcy attorneys say
Casey Anthony's bankruptcy attorneys said in recently filed court documents that if the lawsuits against her proceed in state court, she will be forced to find a new home and may "simply disappear." Anthony is being sued by Roy Kronk, the meter reader...
Tags: Crime, Law and Justice, Bankruptcy, Caylee Anthony, Lawyers, Litigation
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Report: Carbon Motors officially files for bankruptcy, lawsuits follow
Autoblog.comFiled under: Sedan, Government/Legal, Technology, Police/Emergency, Diesel So much for Carbon Motors. The would-be police pursuit vehicle manufacturer has officially filed for Chapter 7 bankruptcy (read: liquidation) according to the Indianapolis Business... -
Lowe's offers $205 million for Orchard Supply Hardware
Home improvement giant Lowe's Cos. aims to score a bigger piece of California's real estate recovery by agreeing to rescue Bay Area rival Orchard Supply Hardware Stores Corp. Lowe's on Monday made a $205-million bid for the company, sometimes known as...
Tags: Investments, Quarterly or Semiannual Financial Statements, Lowe's Companies Inc., Bankruptcy, Real Estate
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Battery recycler in Vernon allowed to reopen — for now
A Vernon battery recycler shut by the state in April as a health risk to thousands of nearby residents will be allowed to reopen pending a court hearing next month, a Los Angeles County Superior Court judge ruled Monday. Judge Luis A. Lavin said the...
Tags: Bankruptcy, Standards, Environmental Pollution, Health, Environmental Issues
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Trustee plan to compensate Pearlman victims gets key support
Victims of convicted Ponzi schemer Lou Pearlman might get about 4 cents on the dollar back from their losses, according to a new plan crafted by the trustee in the former boy-band mogul's bankruptcy case. Hundreds of unsecured creditors — most of...Tags: Bankruptcy, Court Preliminary, Entertainment, Finance, Economy, Business and Finance
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Battery recycler Exide Technologies allowed to reopen pending hearing
A Vernon battery recycler shuttered by the state as a health risk in April will be allowed to reopen pending a court hearing next month, a Los Angeles County Superior Court Judge ruled Monday. Judge Luis A. Lavin said the public interest would not...
Tags: Bankruptcy, Standards, Companies and Corporations, Science and Technology, Judges
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Tribune Co. revenue up slightly in 2012
Tribune reporterTribune Co. reported modest revenue growth in 2012 -- its last year in bankruptcy -- with broadcasting gains offsetting declines in its publishing operations, according to consolidated financial statements released Monday. Revenues last year reached...Tags: Quarterly or Semiannual Financial Statements, Bankruptcy, Tribune Company, Finance, Newspapers
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Lowe's aims to acquire Orchard Supply Hardware amid OSH bankruptcy
Orchard Supply Hardware is filing for Chapter 11 bankruptcy but already has a waiting rescuer – larger competitor Lowe’s Companies Inc. Lowe’s is offering to buy most of the San Jose company’s assets for $205 million in cash...
Tags: Bankruptcy, Sears Holdings Corp.
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06/17: Bankruptcies
Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Clermont Animal Hospital South Four Corners LLC, 24021 Ranch Road, Astatula. Filed: June 6. Assets: $39,079....
Tags: Bankruptcy, Business, Economy, Business and Finance, Companies and Corporations, DeLand
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Bankruptcies: June 16
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for June 6-12. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers whose...Tags: Bankruptcy
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Former Nazi commander lives in Minneapolis
BERLIN (AP) — A top commander of a Nazi SS-led unit accused of burning villages filled with women and children lied to American immigration officials to get into the United States and has been living in Minnesota since shortly after World War II,...Tags: War Crimes, Prisons, Unrest, Conflicts and War, Warsaw (Poland), Literature
Jun 19, 2013
|Story| Orlando Sentinel
Jun 19, 2013
|Story| Orlando Sentinel
Jun 19, 2013
|Blog| Autoblog.com
Jun 18, 2013
|Story| Los Angeles Times
Jun 17, 2013
|Story| Los Angeles Times
Jun 17, 2013
|Story| Orlando Sentinel
Jun 17, 2013
|Story| Los Angeles Times
Jun 17, 2013
|Story| Chicago Tribune
Jun 17, 2013
|Story| Los Angeles Times
Jun 17, 2013
|Story| Orlando Sentinel
Jun 15, 2013
|Story| Aberdeen News
Jun 14, 2013
|Story| Aberdeen News
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