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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

Displaying items 1-5
  • 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.
  • 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...

    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...

    Employees buy, reopen bankrupt restaurant as part-owners

    Employees buy, reopen bankrupt restaurant as part-owners
    The Granada restaurant, a Victory Boulevard landmark for nearly 40 years, re-emerged from an eight-month closure Monday with sizzling fajitas, cold margaritas and new owners who will probably look familiar to longtime patrons. A group of employees bought...

    American Airlines to close operations at Bob Hope

    American Airlines to close operations at Bob Hope
    American Airlines, which filed for bankruptcy protection in November, is closing its operations at Bob Hope Airport in Burbank and ending flights from Dallas-Fort Worth to New Delhi. In addition to closing operations at those two airports, the airline...