Subpoenaed Journals Reveal LeFever’s Early Doubts in Mattson Fraud Case
Newly disclosed bankruptcy documents reveal that Tim LeFever had serious misgivings about business partner Ken Mattson’s “scam-like” transactions as early as 2013. The Press Democrat reports personal journal entries show LeFever questione...
54-year-old Home Depot rival closes store, no bankruptcy
Retailer-owned hardware cooperatives True Value Hardware and Ace Hardware have struggled to compete with the giant home improvement retailers Home Depot, Lowe's, and Amazon, and in some cases, their chain stores have lost the battle and closed busine...
NYU Stern Report Urges Regulation of Private Equity in Healthcare
An NYU Stern report links private equity in healthcare to worse outcomes and higher bankruptcy risk, calling for reforms and stronger oversight.The post NYU Stern Report Urges Regulation of Private Equity in Healthcare appeared first on MedCity News.
ABC-7 Xtra Sunday – El Paso Diocese bankruptcy cases and New Mexico universal child care expansion
EL PASO, Texas (KVIA) -- ABC-7 is digging deeper into topics affecting most areas of the Borderland, including the bankruptcy filing by the Catholic Diocese of El Paso. What may have seemed sudden to some was years in the making as laws and responses...
Target deals fall flat as consumers shop elsewhere
Target might truly be one of the saddest retail stories in recent history. Granted, the company is still alive and well — or at least alive. It hasn't succumbed to bankruptcy like so many other retailers in recent years. But the company isn't exactly...
Iconic burger, pizza chains close stores as bankruptcy sale looms
Once a chain files for Chapter 11 bankruptcy, it runs the risk of being forced to close part, or all, of its operations. In some cases, the bankruptcy court can even force it into a Chapter 7 bankruptcy liquidation. As part of the process, the court...
DHS officials ridicule Noem for handing key contract to CEO who bankrupted airline
Sources within the Department of Homeland Security torched outgoing Secretary Kristi Noem's judgment after the revelation that she handed a key aviation contract to a CEO who previously led an airline company into bankruptcy, according to a new repor...
Nearly 200-year-old bookseller files Chapter 11 bankruptcy
While the physical book industry did not completely disappear, digital sales certainly made the industry smaller. "For the second consecutive year, unit sales of print books were up at outlets that report to Circana BookScan, hitting 762.4 million in...
The planet’s water ledger in deficit
Large parts of the world are facing ‘water bankruptcy’. This calls for a re-examination of water rights, subsidies, pricing mechanisms and land-use practices that encourage over-extraction
Who Was Saks Global Paying Before the Bankruptcy?
The luxury retailer paid out $1.4 billion to creditors in the three months before succumbing to Chapter 11 in January.
47-year-old troubled trucking company files Chapter 11 bankruptcy
The economic downturn in the trucking industry led to dozens of bankruptcy filings in 2025, as the Great Freight Recession victimized the sector since the end of the Covid-19 pandemic. The downturn has claimed another trucking company this month, as...
63-year-old sporting goods retailer files Chapter 11 bankruptcy
The past few years have seen a number of major sporting goods brands file for Chapter 11 bankruptcy protection. Bob’s Stores, Next Adventure, and Moosejaw all shut down in 2025, while Eastern Mountain Sports closed many of its locations. Eddie Bauer...
Major U.S. military vendor files unexpected Chapter 11 bankruptcy
Times of war generally benefit military contractors. "Global arms revenues rose sharply in 2024, as demand was boosted by the wars in Ukraine and Gaza, global and regional geopolitical tensions, and ever-higher military expenditure. For the first tim...
Popular Mexican chain joins wave of Chapter 11 bankruptcies
While inflation, rising labor costs, and a struggling economy have hit many restaurants hard, Mexican chains have seemingly faced even deeper problems. “It’s really tough because prices have just been rising, and a lot of consumers don’t feel as thou...
BlockFills Bankruptcy Filing Follows Deposit Freeze
Crypto lender BlockFills filed for Chapter 11 bankruptcy in Delaware on Tuesday. The blockfills bankruptcy came weeks after the platform froze customer deposits and withdrawals. Four entities hit the bankruptcy court together. Not ideal. Reliz LTD, B...
Domino’s Pizza franchisee files for bankruptcy putting store in tourist hotspot at risk
The total debt owed by the franchisee to its top 20 creditors exceeds $3.3 million, according to reports
From Bankruptcy Risk to Best-in-Class: How 4 Major U.S. Airlines Stack Up in 2026
The U.S. airline industry entered 2026 with momentum from a strong 2025 travel cycle, but the first quarter has been turbulent. Benchmark West Texas Intermediate (WTI) crude oil surged 48.4% in a single month, approaching $94.65 per barrel, while con...
159-year-old whiskey brand files disputed Chapter 11 bankruptcy
When a company gets put into a receivership, that’s usually a last-ditch effort to save the brand. “The receiver’s job is to literally operate the business,” said John Mark Jennings, a partner in the law firm of Shulman Hodges & Bastian LLP to Smart...
Another airline prepares to file for bankruptcy, all flights off
With aviation remaining one of the world's most expensive industries to both get into and stay in business, smaller airlines periodically end up filing for bankruptcy protection or shutting down entirely after running out of money. Airlines that ende...
Major mattress chain converts to Chapter 7 bankruptcy liquidation
The furniture retail sector has suffered from economic distress in the last year with major home furnishing companies closing stores and filing for bankruptcy protection. Companies that have filed for bankruptcy include AFC Acquisition Corp., owner o...
Major pizza franchisee owner files bankruptcy, leaving SoCal locations in limbo
Another one bites the dust. Domino’s, the nation’s largest pizza dining chain, joins the ranks of pizza giants whose franchisees have filed for bankruptcy, leaving many SoCal locations in major limbo. San Diego’s North County Pizza Inc. has reported...
159-year-old liquor brand on the brink of Chapter 7 liquidation
Update 3/17 6:25 P.M.: Uncle Nearest's owner, Fawn Weaver, has made another move in the brand's fight to survive. "Troubled whiskey brand Uncle Nearest has filed for Chapter 11 bankruptcy protection and owner Fawn Weaver has filed a lawsuit against K...
Rachel Reeves gives Mais lecture calling for rapid AI adoption and deeper ties with EU – business live
Rolling coverage of the latest economic and financial news, including Rachel Reeves’s Mais lecture at Bayes Business School in LondonThe number of people in England and Wales falling into insolvency has jumped.There were 11,609 individual insolvencie...
Iconic 68-year-old clothing pioneer files Chapter 11 bankruptcy
Joseph Shivers wanted to make better underwear women. In many ways, he was the predeccessor of Sara Blakely, the woman who created Spanx, and the founding father of shapewear. At first, he was "working on a project to develop a synthetic elastomer to...
Getty Images on brink of bankruptcy
Getty Images on brink of bankruptcy
