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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles see all

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  • Owner of Glendale's Seeley building files for bankruptcy

    Owner of Glendale's Seeley building files for bankruptcy
    The owner of the historic Seeley's building, which underwent six years of renovations before opening with office lofts about six months ago, has filed for Chapter 11 bankruptcy protection.
  • Briefly In Business: Executives to stay with General Growth

    Two top executives with General Growth Properties Inc., owner of the Glendale Galleria, will stay with the company for up to a year after the company's expected emergence from bankruptcy this month. Chief Executive Adam Metz and President and Chief...

    Verdugo Mental Health says its bankrupt

    Verdugo Mental Health — an agency that provides counseling and mental health services to thousands of people in Burbank and Glendale — has filed for bankruptcy, but the facility’s leaders say a new operator will step in before a single...

    Coat factory in, Loehmann's out

    One large clothing retailer has shut its doors just as another cuts the welcome ribbon at the Burbank Town Center. Loehmann's department store at Burbank Boulevard and San Fernando Road abruptly shut its doors Nov. 8, days before the New York-based...

    American Airlines bankruptcy: 'Business as usual' for passengers

    American Airlines bankruptcy: 'Business as usual' for passengers
    The parent company for American Airlines, the nation's third largest carrier, filed for bankruptcy, citing high labor costs and a volatile economy. American Airlines, the largest carrier at Los Angeles International Airport, and a carrier at Bob Hope...