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Connecticut – a Legacy of Debt and the Possibility of Chapter 9 Bankruptcy
The State of Connecticut ended the 2017 fiscal year on a note of financial doom. As of the end of December, 2017, the state had…
Chapter 9 Bankruptcy – Santa Cruz, CA & Calpers Pension Crises
The City of Santa Cruz, CA is one of the latest municipalities to fall into what some have called a “…disturbing trend that will end…
Public Sector Pension Plans: A “Ticking Time Bomb”
According to a December, 2017, washingtonfreebeacon.com report “…unfunded liabilities of state public pension funds increased by $433 billion over the past year and presently exceed $6…
Winn-Dixie to Close 94 Stores – Parent Company to File for Chapter 11 Bankruptcy
Florida-based Southeastern Grocers – the parent company of the Winn-Dixie grocery chain – announced yesterday that it will file for Chapter 11 bankruptcy by the…
PUERTO RICO & BANKRUPTCY
The island of Puerto Rico is officially a Commonwealth of the United States. Puerto Ricans are citizens of the United States who share many of…
The Weinstein Company Files For Chapter 11 Bankruptcy After 5-Month Delay
****** MARCH 20218 UPDATE ****** BREAKING NEWS THE WEINSTEIN COMPANY FILES FOR CHAPTER 11 BANKRUPTCY AFTER 5-MONTH DELAY The Weinstein Company – founded by embattled…
Harvey Weinstein / The Weinstein Company – Chapter 11 Bankruptcy in the Offing as Sale Talks Fail
“Born under a bad sign, been down since I began to crawl if it wasn’t for bad luck, I wouldn’t have no luck at all…”…
Hcr Manorcare, Inc. – $7 Billion In Debt – Files For Chapter 11 Bankruptcy
HCR Manorcare, Inc., the second largest nursing home operator in the United States, has filed a voluntary petition for Chapter 11 Bankruptcy. The Toledo, Ohio-based…
Remington Outdoor, Co. (Remington Arms) Set To File Chapter 11 Bankruptcy
Iconic arms manufacturer Remington Outdoor Company (operated for nearly two hundred years as the Remington Arms Company) is on the brink of filing a voluntary…
Bon-Ton Stores, Inc. – Demise Or New Lease On Life After Chapter 11 Bankruptcy Filing?
Earlier this week, The Bon-Ton Stores, Inc. took its multi-chain brand of department stores into Chapter 11 bankruptcy. The action makes the regional chain of…
Gibson Guitar & Bankruptcy: Something To ‘Fret’ About?
Numerous reports circulating in the past several days point to ominous signs for the future of iconic guitar maker The Gibson Guitar Company(known since 2013…
Home Owners’ Association Dues in Bankruptcy
Homeowners’ Associations are a fact in Florida, from the Deed-Restricted Communities to the Condominium Associations and Co-ops, many Floridians pay Monthly, Quarterly or Yearly Assessments…