Latest News for: Bankruptcy management

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An Unexpected Gas Station Company Is Now Closing All Stores

FrankNez 20 Mar 2025
Once a familiar stop for travelers seeking fuel and quick snacks, Mega Co-Op has become a case study in the complexities of managing a retail operation amid financial turmoil and market changes. Bankruptcy and Restructuring.
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Hasan Nawaz declared ‘deliberate tax defaulter’ by UK govt

The News International 19 Mar 2025
A bankrupt cannot act as a director or be involved in any way in the management of a company until discharged from bankruptcy unless he has obtained permission from the court to continue as a director.
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Fashion Brand Forever 21 to Shut Down All Stores

Colombia One 19 Mar 2025
operations after filing for bankruptcy for the second time in six years. The manager of the fashion brand´s operations in the U.S ... Forever 21 may be shutting its US stores after filing for bankruptcy for the second time in six years.
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IBA counterattacks following IOC's decision

Inside The Games 19 Mar 2025
As a result, the IBA explains that it was on the brink of bankruptcy and had to dismiss most of its staff until, in early 2021, the organisation led by newly elected President Umar Kremlev managed to ...
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Is it the end of Forever 21 at Apache Mall?

Post Bulletin 18 Mar 2025
ROCHESTER — Even forever ends in today’s retail world as “fashion-forward” Forever 21 declared bankruptcy again and plans to close stores, including its only Minnesota one in Rochester’s Apache Mall.
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Helene leaves speedbump in path to Land of Oz reopening

News & Record 18 Mar 2025
BEECH MOUNTAIN — The Land Oz, a quirky attraction celebrating the Frank Baum classic, managed to survive the '70 gas crisis, bankruptcy, a catastrophic fire and vandals ... .
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French riot cops clash with migrants as they FINALLY clear Paris theatre occupied by hundreds ...

The Daily Mail 18 Mar 2025
Mainly young men have moved in since last December when the management gave them free tickets to a ‘Refugees Welcome in France’ conference ... Theatre staff who face bankruptcy after inviting hundreds of migrants blame 'imperialism' for mess.
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Scotland's Ferguson Loses Scottish Ferry Contract to Remontowa

The Maritime Executive 18 Mar 2025
"It could yet prove the death knell for the yard." ... The Scottish government bought the yard out of bankruptcy and managed it through the completion of the two ferries; the project ended up four times over budget and six years behind schedule ... ....
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Government efficiency is good — fiscal responsibility is better

The Hill 18 Mar 2025
If a company managed its finances the way that the federal government does, it would need to file for bankruptcy, sell off its assets and/or cease to operate — none of these are options for the U.S.
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Naples-based Landmark Hospitals files bankruptcy; pandemic partly to blame

News-Press - Fort Myers 17 Mar 2025
Naples-based Landmark Hospitals has filed bankruptcy proceedings yet says it has no plans to close its long-term care hospitals in Georgia, South Carolina and Missouri, according to court filings ... The loan is managed by Amerant Bank.
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Stores closing: Forever 21 plans to shutter Mississippi store in new bankruptcy filing

Clarionledger 17 Mar 2025
Forever 21 plans to shutter the only store in Mississippi as part of the national chain's bankruptcy filings and closure of U.S ... Other chains shuttering some stores include JCPenney, Kohl's and Macy's.What we know about the Forever 21 bankruptcy.
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Greece’s 2024 Central Government Surplus Surpasses Expectations, Minister Announces

Greek City Times 17 Mar 2025
Greece, having narrowly avoided bankruptcy in recent years, continues to require substantial primary surpluses to manage its considerable debt load effectively ... This post first appeared on and is written by ....
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Reno Suites update: Residents at former Harrah’s tower get extra week to leave

Reno Gazette Journal 17 Mar 2025
The developer informed Reno Suites’ prior management team that the building must be vacated by March 31 ... 1 after providing funding to get it out of bankruptcy ... the prior management team,” Ahlquist said.
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NHI Announces $46.3 Million Senior Housing Investment

ACCESSWIRE 17 Mar 2025
Such risks and uncertainties include, among other things; the operating success of our tenants, managers and borrowers for collection of our lease and interest income; the risk that our tenants, ...
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Few households avoid third year of maximum council tax hikes as plans approved

AOL 17 Mar 2025
The council said “sound financial management is at the heart of everything we do.” ... effective bankruptcy ... “It is, of course, welcome because we want to be able to manage our own affairs,” he added.
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