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Financially Distressed Companies news, photos and video - Burbank Leader
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Financially Distressed Companies
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JS Communications pulls bid for Rhythm & Hues
South Korean entertainment and media company JS Communications has withdrawn its bid to acquire Rhythm & Hues, the El Segundo visual effects company that recently filed for bankruptcy protection. Rhythm & Hues, which won an Academy Award for its work on...
Tags: Bankruptcy, Life of Pi (movie), Economy, Business and Finance, Companies and Corporations, Ang Lee
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Trustee questions $20 million payout in American Airlines bankruptcy
The U.S. trustee overseeing the bankruptcy proceedings for American Airlines' parent company is questioning a $19.9-million severance package for the company's top executive. In a filing made last week, Trustee Tracy Hope Davis said the airline, which...Tags: Bankruptcy, Economy, Business and Finance, Companies and Corporations, U.S. Airways, Hope Davis
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Creditors file involuntary bankruptcy against Commerce Corp.
Several creditors of Commerce Corp. filed an involuntary bankruptcy petition against the Maryland-based distributor of lawn and garden supplies. In the petition filed last week, five creditors claim they are owed a combined $1.73 million from the...
Tags: Bankruptcy, Economy, Business and Finance, Franklin Electric Company Incorporated, Companies and Corporations
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Court's help sought in case of stolen Renoir painting
A federal court in Virginia was asked Friday to determine the proper ownership of a miniature landscape painted by Pierre-Auguste Renoir and purchased for $7 in a box of odds and ends in a rural flea market. The complaint filed in U.S. District Court for...
Tags: Alexandria (Alexandria, Virginia), Bankruptcy, Museums, The Washington Post, Finance
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Orr tapped as Detroit's emergency manager
DETROIT (AP) — The turnaround expert who represented Chrysler during its successful restructuring is taking on one of the toughest fiscal tasks anywhere in the country: Fixing Detroit. Kevyn Orr, hired Thursday as Detroit's emergency manager,...
Tags: Bankruptcy, Finance, Trials, Government, Career and Workplace
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Nominee: Detroit fix 'Olympics of restructuring'
DETROIT (AP) — The governor's nominee to become Detroit's emergency financial manager says the job is the "Olympics of restructuring" but he feels compelled to take it on. Michigan Gov. Rick Snyder announced Thursday that he's recommending that...Tags: Automotive Equipment, Rick Snyder, Manufacturing and Engineering, Politics, Executive Branch
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Chrysler bankruptcy expert named Detroit's emergency manager
A Washington bankruptcy expert who represented Chrysler during its successful restructuring was named as the state-appointed emergency financial manager charged with helping to bring Detroit out of its fiscal morass. Kevyn Orr, 54, was named on Thursday...Tags: Federal Deposit Insurance Corporation, Bankruptcy, Finance, Mitt Romney, Government
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Turner's Westport company files for bankruptcy
The company affiliated with developer Patrick Turner that was planning to redevelop the waterfront of the Westport neighborhood in southwest Baltimore has filed for bankruptcy. Inner Harbor West LLC, the subject of a Chapter 7 involuntary bankruptcy...
Tags: Bankruptcy, Patrick Turner, Auction Service, Economy, Business and Finance, Companies and Corporations
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Bel Air payroll company AccuPay files for bankruptcy protection
A Bel Air payroll company under investigation for allegedly not forwarding clients' tax payments to tax collectors has filed for bankruptcy. AccuPay Inc. filed a petition for a Chapter 7 bankruptcy Tuesday in U.S. Bankruptcy Court in Baltimore, listing...
Tags: Harford County, Bankruptcy, Judges, Finance, Trials
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Goldman Sachs can also be Wall Street's moral leader
Goldman Sachs Group Inc.'s announcement that it will now bestow coveted managing director titles upon its rising vice presidents every two years, instead of annually, may have shaken the foundation at its New York headquarters. For the rest of the world,...Tags: Bankruptcy, Financial Markets, Finance, European Union, Economy, Business and Finance
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Casey Anthony: WFTV explores combative bankruptcy hearing
The TV Guy - Orlando SentinelWant to know more about Casey Anthony's bankruptcy hearing? WFTV-Channel 9's “Central Florida Spotlight” explores the tensions between attorneys for Anthony and Zenaida Gonzalez at Monday's gathering in Tampa. The program airs at 12:30 p.m.... -
Hot chicks: At 60, Peeps more popular than ever
BETHLEHEM, Pa. (AP) — It's Easter morning. A boy rouses his younger brother, and they run to the living room to find their baskets filled with - what else? - Peeps. "Peeps are THE candy of Easter," the excited boy tells his wide-eyed sibling,...
Tags: Science and Technology, Consumer Goods Industries, Economy, Business and Finance, Companies and Corporations, Just Born, Inc.
Mar 19, 2013
|Story| Los Angeles Times
Mar 18, 2013
|Story| Los Angeles Times
Feb 20, 2013
|Story| Baltimore Sun
Mar 15, 2013
|Story| Baltimore Sun
Mar 14, 2013
|Story| Petoskey News
Mar 14, 2013
|Story| Petoskey News
Mar 14, 2013
|Story| Los Angeles Times
Feb 20, 2013
|Story| Baltimore Sun
Mar 14, 2013
|Story| Baltimore Sun
Mar 11, 2013
|Column| Allentown Morning Call
Mar 6, 2013
| Orlando Sentinel
Mar 9, 2013
|Story| Petoskey News
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Financially Distressed Companies Photos
George R. Mesires has been named co-chair of the Financ...
(February 4, 2013)
He also has experience representing debtors in Chapter...
(November 18, 2012)
Thomas M. Lynch of Faegre Baker Daniels LLP has been ap...
(October 31, 2012)