Latest News for: Bankruptcy management

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What Big Lots are closing? These stores are for sale. Is Tulare on the list?

Visalia Times Delta 24 Jan 2025
Discount retailer Big Lots files for bankruptcy. The discount retailer Big Lots has filed for Chapter 11 bankruptcy protection as it blames high inflation and interest rates ... Management fell through.
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Big Lots offers leases for 16 Big Lots stores in Michigan. What to know

News-Review - Petoskey 24 Jan 2025
A store manager talks about it and the future of the Redding store ... Big Lots announced in September 2024 that the company filed for Chapter 11 bankruptcy protection and planned on closing more than 340 stores.
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JCPenney store in Topeka will close this year as part of national reduction

cjonline 24 Jan 2025
JCPenney hasn't announced its closing date, Advisors Excel said. JCPenney filed for bankruptcy protection in 2020 and was bought by Simon Property and Brookfield Asset Management Inc., another shopping mall owner, for $800 million, USA Today reported.
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Bay Area loses jobs while California manages modest gains in December

The Mercury News 24 Jan 2025
The Bay Area suffered job losses in December, causing economic uncertainties to loom over the region as 2024 drew to a close, although California managed a modest increase in hiring last month.
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$RUNE price drops as THORChain pauses services for 90 days to address financial challenges

Cryptopolitan 24 Jan 2025
Why THORChain paused THORFi services ... Haseeb Qureshi, Dragonfly’s managing partner, likened the situation to a “bankruptcy freeze,” highlighting a serious liquidity crunch ... RUNE’s market value is under siege ... The threat of insolvency grows.
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West Ridge Mall to reduce retail space, increase office space and get new look

cjonline 24 Jan 2025
JCPenney filed for bankruptcy protection in 2020 and was bought by Simon Property and Brookfield Asset Management Inc., another shopping mall owner, for $800 million, USA Today reported. Since then, locations have been closing their doors nationwide.
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What Big Lots stores are closing? These locations are for sale. See the list

Usatoday 23 Jan 2025
Discount retailer Big Lots files for bankruptcy. The discount retailer Big Lots has filed for Chapter 11 bankruptcy protection as it blames high inflation and interest rates ... Management fell through.
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Electric vehicle startup Canoo files for bankruptcy, ceases operations

Freight Waves 22 Jan 2025
Seven-year-old electric vehicle startup Canoo has filed Chapter 7 bankruptcy and announced an immediate halt to operations ... The company’s liquidation process involves a bankruptcy trustee managing the sale of Canoo’s assets to repay creditors.
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Spirit Airlines gains $300 million in financing pledges for post-Chapter 11 flying

Sun Sentinel 21 Jan 2025
... capital and “other corporate needs of the company” after it exits Chapter 11 bankruptcy proceedings, management said in a filing late last week with the Securities and Exchange Commission.
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Is the steel giant British Steel in crisis?

Steel Radar 21 Jan 2025
What happened? ... Nevertheless, the financial problems could not be resolved and the company entered the bankruptcy process in May 2019. While Ernst & Young took over the management, efforts were initiated to find a buyer ... Tags ... .
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State says cost to feed then dispose of Pure Prairie Poultry chickens was more than ...

Charles City Press 20 Jan 2025
Thousands of other chickens were also on grower farms in Minnesota and Wisconsin, although those states said they did not have the authority to take over management of those birds.
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Contrasts, claims and a questionable connection clouds Detroit mayor's race

Detroit Free Press 19 Jan 2025
Their grandiose claims about their role in Detroit's emergence from bankruptcy ... Much of the hard choices and heavy lifting that helped Detroit escape bankruptcy was done by Emergency Manager Kevyn Orr, federal judges and state officials.
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HM King ratifies, issues Law (1) of 2025

Bahrain News Agency 19 Jan 2025
These funds are excluded from the general guarantees for creditors of the licensed project owner or the time-share activity manager in cases of bankruptcy or insolvency, except to fulfil obligations ...
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Credit Counseling vs. Debt Relief vs. Bankruptcy: Which Path Is Right for You?

The Modesto Bee 18 Jan 2025
From there, they’ll direct you to the best financial options for your specific case, whether that’s foreclosure assistance, bankruptcy counseling or — quite often — a debt management plan.
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Chicago Reader alternative weekly announces layoffs, CEO exit

Journal Gazette 18 Jan 2025
ROBERT CHANNICK Chicago Tribune ... People are also reading… ... John Wood basketball game Like a 'funeral wake' ... 1 ... Listen now and subscribe ... Atalaya Capital Management, a New York-based hedge fund, acquired the Reader out of bankruptcy in 2009 ... Gov. J.B.

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