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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles

Displaying items 56-66
  • Detroit bankruptcy plan cuts pensions, payments to creditors

    Detroit bankruptcy plan cuts pensions, payments to creditors
    Detroit hopes to emerge from bankruptcy this year in part by significantly cutting city workers' pensions and payments to bondholders, according to a blueprint filed Friday to restructure the city's $18-billion debt. Detroit is to invest $1.5 billion...
  • Disgraced celebrity money manager charged in new scheme

    Disgraced celebrity money manager charged in new scheme
    A former money manager to the stars who went to prison in 2001 for stealing from his clients has been charged in a new fraud case. Prosecutors in New York say Dana Giacchetto used someone else's credit card to make more than $10,000 worth of...
  • Italian restaurant chain Sbarro to close 155 outlets in North America

     Italian restaurant chain Sbarro to close 155 outlets in North America
    Sbarro, the Italian restaurant chain that's a fixture in mall food courts, is closing 155 of its locations in North America. The move is part of a broader plan to boost financial performance under a new management team, the company said Wednesday. The...
  • 'Life After Pi,' doc on fall of visual effects house, to debut

    'Life After Pi,' doc on fall of visual effects house, to debut
    Pioneering visual effects house Rhythm & Hues stunned Hollywood last year when it filed for bankruptcy protection and laid off more than 250 employees. The announcement came as the Los Angeles company was enjoying its crowning achievement: the Ang Lee...
  • Netflix traffic jam! WWE shops 'Smackdown.' Fallon opens solid.

    Netflix traffic jam! WWE shops 'Smackdown.' Fallon opens solid.
    After the coffee. Before yelling at Sprint about my messed up phone. The Skinny: I realize I should have asked this question 12 years ago, but how did "King of Queens" persuade William Hurt to do an episode? It wasn't bad either. Today's roundup...
  • Is it time to get nervous in battle over Dodgers' new TV network?

    Is it time to get nervous in battle over Dodgers' new TV network?
    The Dodgers’ new network debuts next week, and I guess most of us will just have to take their word for it. Unless you’re with Time Warner Cable, which will run the Dodgers’ new cable station, SportsNet LA. Currently, it doesn’...
  • Southland Lumber to close, hammered by film flight

    Southland Lumber to close, hammered by film flight
    Southland Lumber & Supply Co., one of the leading suppliers of lumber to the entertainment industry, is shutting down next week after nearly seven decades in business — another casualty of runaway production. The closing of the Inglewood company,...
  • Review: 'Hank: 5 Years From the Brink' is an economic horror story

    Review: 'Hank: 5 Years From the Brink' is an economic horror story
    There's a story former U.S. Treasury Secretary Henry "Hank" Paulson tells in Joe Berlinger's unsettling new documentary, "Hank: 5 Years From the Brink," about "Goodnight Moon." His wife, Wendy, suggested that instead of the insistent monotone we grew...
  • Wanxiang increases bid to win Fisker asset sale

    Wanxiang increases bid to win Fisker asset sale
    A hard-fought auction for the remaining assets of failed electric-vehicle maker Fisker Automotive ended Friday with a winning bid by Chinese auto-parts conglomerate Wanxiang Group. Wanxiang beat out Hybrid Technology, led by Hong Kong billionaire...
  • Arvella Schuller dies at 84; wife of Crystal Cathedral founder Robert Schuller

    Arvella Schuller dies at 84; wife of Crystal Cathedral founder Robert Schuller
    Though the Rev. Robert H. Schuller was the face of the once-global "Hour of Power" television ministry, he was never alone. His wife, Arvella, was always behind the scenes, working to make sure everything ran smoothly. Arvella Schuller, who served as...
  • Twinkies, Ding Dongs at a discount: Big Lots in deal with Hostess

    Twinkies, Ding Dongs at a discount: Big Lots in deal with Hostess
    Ohio-based retailer Big Lots will soon sell Twinkies, Ding Dongs and other Hostess brand snacks at steep discounts.  The closeout chain announced Monday it will become the official discount retailer for Hostess snacks, filling a gap left by the...