Latest News for: Bankruptcy management

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Ventas’s Outlook Revised by S&P Global Ratings to Stable

Enid News & Eagle 19 May 2022
... our tenants, managers or borrowers; (s) disruptions to the management and operations of our business and the uncertainties caused by activist investors; and (t) the risk of catastrophic or extreme weather and other natural events and the physical effects of climate change.
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Worker shortage driving nursing homes to brink of collapse

LA Daily News 19 May 2022
By Lauren Coleman-Lochner and Martin Z Braun . Bloomberg. Chippewa Manor’s beds could be full ... But there’s one problem ... “All of the reimbursement systems are inadequate across the board,” said Suzanne Koenig, a nursing home turnaround expert and head of SAK Management Services who has served as a receiver and Chapter 11 trustee in bankruptcy cases ... .
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This CEO left coal miners penniless. Why did a West Virginia town give him a ...

The Real News Network 18 May 2022
... costs for a major hotel slated to be built on the property, and what emerges is a remarkable story of how a man whom lawsuits claim is responsible for a spectacularly destructive bankruptcy has managed to use taxpayer dollars to fund his comeback as a luxury hotelier.
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Sale of Pawan Hans put on hold: Concerns after NCLT slams winning bidder

Financial Express 17 May 2022
Stating that Almas Global had taken the insolvency resolution “process for a ride”, the tribunal sought action against its management under section 74(3) of the Insolvency and Bankruptcy Code.
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4 seeking open seat in Justice Court Department 6

Las Vegas Review-Journal 15 May 2022
William Gonzalez, Jessica Goodey and Tracy Hibbetts (Las Vegas Review-Journal and Courtesy). Four attorneys are vying for an open seat in the Las Vegas Justice Court ... A founding and managing partner at Massey and Associates Law Firm, Massey focuses on bankruptcy, business litigation, estate planning, probate cases and personal injury referrals ... .
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She pioneered the sale of breast milk, then lost everything

Yahoo Daily News 14 May 2022
Medolac was a family enterprise; Medo's daughter Adrianne Weir managed its affiliated milk bank, and other relatives performed various company roles ... In March 2021, Medolac filed for bankruptcy. Because it couldn't pay employees to manage its freezer, ounces and ounces of ...
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Hungarian Lighting Company Tungsram Files for Bankruptcy Protection

Hungary Today 13 May 2022
They have also informed their employees, unions, works councils and banks about the bankruptcy protection. J�rg Bauer, the company’s CEO, said that the company’s management would do everything possible to “continue the company under bankruptcy protection on the basis of a transition to a profitable business structure.”.
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Could solar power solve Puerto Rico's energy nightmare?

BBC News 13 May 2022
Miguelina has lung problems that mean she needs constant access to a ventilator ... LUMA Energy, is the private company that took over management of much of Puerto Rico's power system last year ... Mr Stensby started work in 2020 after the previous utility company, PREPA, declared bankruptcy. Much of his work has been crisis management ... Related Topics ... .
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Funds short, Canoo advises SEC

Arkansas Democrat-Gazette 12 May 2022
A going concern refers to a company’s ability to make enough money to stay in business or to avoid bankruptcy ... Tomas Jandik, professor of finance and the Dillard’s Chair in Corporate Finance at the University of ArkansasWalton College of Business in Fayetteville said going concern warnings may be issued by auditors and company management.
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Endorsement: Hydee Feldstein Soto for Los Angeles city attorney

The Los Angeles Times 12 May 2022
Retired for the last decade, Feldstein was a longtime partner in corporate law firms with specialties in bankruptcy and acquisitions, and she managed teams of lawyers with different disciplines ... It was good training for managing the 500-plus lawyers in the city attorney’s office ...
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Greenfield partners with local charities for textile recycling

The Recorder 12 May 2022
GREENFIELD — Thanks to a new partnership, area residents will have a place to dispose of unwanted textiles, while also benefiting a local charity and reducing the amount of waste in the region ... to 1 p.m ... This increase follows the cancellation of the city’s waste management contract with Community Eco Power, after the company filed for bankruptcy ... .
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Landmark Theatres to close Pico location in latest blow to L.A. cinephiles

The Los Angeles Times 12 May 2022
Specialty cinema chain Landmark Theatres is shutting down its flagship Westside location on Pico Boulevard after 15 years, in the latest major blow to Los Angeles cinephiles ... Movies ... Movies ... Advertisement ... Cohen ... They acquired the chain in 2003 from Los Angeles-based asset manager Oaktree Capital, which had taken the exhibitor out of bankruptcy.
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Stockton's new police chief faces community building, crime and staffing challenges

Recordnet 12 May 2022
Stockton City Manager Harry Black said the city’s nationwide search produced an impressive final four — including two homegrown candidates — but McFadden rose to the top ... The three-quarter cent transaction and use tax approved in 2013 was intended to help the city build back its services out of bankruptcy.
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Swiss court rules on Nord Stream 2

Russia Today 11 May 2022
The pipeline operator’s bankruptcy has been postponed by a four-month moratorium on loan payments ... The news of the bankruptcy broke in late March, when the Stuttgarter Zeitung newspaper cited the company's managing director, Matthias Warnig, as saying that it was going to file for bankruptcy.
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Kohl’s fends off activist investor’s bid to reshuffle board

New York Post 11 May 2022
More On. kohls ... report ... Hudson’s Bay Co ... source ... The Wisconsin-based retailer has also faced pressure to sell itself and is currently running a sales process that has attracted multiple bidders including shopping-mall giant Simon Property and Canada-based Brookfield Asset Management — which together scooped JCPenney out of bankruptcy in December.

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