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A collection of news and information related to Financially Distressed Companies published by this site and its partners.

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    May 17, 2013 |Story| Los Angeles Times

  1. Fiat weighs shifting its HQ to the U.S.

    Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group.
    Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group. The move would be unprecedented in the automotive industry, experts said, because of Fiat's deep roots. "To...

    Tags: Patents, Copyrights and Trademarks, Rick Snyder, Italy, Research and Development, Kelley Blue Book LLC

    2. May 9, 2013 |Story| Los Angeles Times

  2. Developers buy Rhythm & Hues' ex-headquarters in El Segundo

    The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms.
    The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms. Rhythm & Hues was acquired in March in a...

    Tags: Real Estate, Entertainment, Defense Equipment, Services and Shopping, Bankruptcy

    3. May 9, 2013 |Story| Los Angeles Times

  3. Rhythm & Hues effects house in search of a new home

    Rhythm & Hues, the Oscar-winning visual effects house that recently emerged from bankruptcy protection, is now looking for a new home.
    Rhythm & Hues, the Oscar-winning visual effects house that recently emerged from bankruptcy protection, is now looking for a new home. As Times writer Roger Vincent reports, the company's 200,000-square-foot El Segundo headquarters has been sold for $25...

    Tags: Companies and Corporations, Animation (Movie Genre), The Weinstein Company, Twentieth Century Fox Film Corp., Bankruptcy

    4. Apr 29, 2013 |Story| Los Angeles Times

  4. Chrysler's first-quarter profits dip, expenses for new models rise

    Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million.
    Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million. The automaker’s earnings were hurt by higher expenses to launch new models and slower business in Europe and South America.  Revenue fell 6% to $15.4 billion...

    Tags: Earnings Forecasts, Jeep, Italy, Bankruptcy, New Products

    5. May 2, 2013 |Story| Los Angeles Times

  5. GM first-quarter profits dip on losses in Europe, South America

    General Motors Co. reported lower first-quarter profits Thursday as it struggled with the continuing economic slump in Europe and a dip in earnings in North America.
    General Motors Co. reported lower first-quarter profits Thursday as it struggled with the continuing economic slump in Europe and a dip in earnings in North America. Profit for the nation’s largest automaker profit fell 14% to $865 million...

    Tags: Nissan, Earnings Forecasts, Corporate Performance, China, Tesla

    6. May 3, 2013 |Story| Los Angeles Times

  6. San Bernardino police officers criticize city officials on billboard

    The San Bernardino police officers' union took a very public shot at several of the bankrupt city's elected officials with a billboard proclaiming, "Congratulations! You've made San Bernardino the WORST run city in America!"
    The San Bernardino police officers' union took a very public shot at several of the bankrupt city's elected officials with a billboard proclaiming, "Congratulations! You've made San Bernardino the WORST run city in America!" The billboard featured...

    Tags: Politics, Shootings, Labor Legislation, Career and Workplace, Government

    7. Apr 24, 2013 |Story| AP Member Choice Complete

  7. Fiat said to mull IPO after buying Chrysler

    Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. The plan to sell shares of a combined company is among several options being...

    Tags: Dodge, Financing and Stock Offerings, Italy, Fiat S.p.A., Health Insurance Cost

    8. Apr 10, 2013 |Story| Los Angeles Times

  8. American Airlines expanding LAX service with eight new destinations

    <em>This post has been corrected. See the note at the bottom for details.</em>
    This post has been corrected. See the note at the bottom for details. For a carrier whose parent company is still in bankruptcy, American Airlines doesn’t show signs of retrenching. The airline announced plans Wednesday to expand to eight new...

    Tags: United Air Lines, Boeing Co., American Airlines, Inc., Air Transportation Industry, Los Angeles International Airport

    9. Apr 15, 2013 |Story| Los Angeles Times

  9. Ernie Schneider dies at 66; chief administrative officer of O.C. when it declared bankruptcy

    Ernie Schneider, the chief administrative officer of Orange County when it declared bankruptcy in 1994 because of its disastrous investment practices, died Saturday<strong> </strong>at his home in San Juan Capistrano. He was 66.
    Ernie Schneider, the chief administrative officer of Orange County when it declared bankruptcy in 1994 because of its disastrous investment practices, died Saturday at his home in San Juan Capistrano. He was 66. His death, related to liver and kidney...

    Tags: Accounting and Auditing, Politics, Trials, Government, Physical Fitness and Exercise

    10. Apr 11, 2013 |Story| Los Angeles Times

  10. Blame all around in Stockton

    After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them.
    After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them....

    Tags: Politics, Local Government, California Public Employees' Retirement System, Justice System, Crime, Law and Justice

    11. Apr 6, 2013 |Story| Los Angeles Times

  11. Casey Anthony asks bankruptcy court to block sale of life story

    Lawyers for Casey Anthony have filed suit in bankruptcy court to prevent one of her creditors from selling her life story.
    Lawyers for Casey Anthony have filed suit in bankruptcy court to prevent one of her creditors from selling her life story. Bankruptcy trustee Stephen Meininger considers Anthony’s story an asset akin to any other and is seeking the rights in...

    Tags: Trials, Casey Anthony, Justice System, Crime, Law and Justice, Bankruptcy

    12. Apr 5, 2013 |Story| Los Angeles Times

  12. U.S. taxpayers could wind up with Fisker Automotive assets

    Stymied by unsuccessful efforts to craft a deal with Chinese investors to save the company, struggling carmaker Fisker Automotive laid off most of its workers Friday.
    Stymied by unsuccessful efforts to craft a deal with Chinese investors to save the company, struggling carmaker Fisker Automotive laid off most of its workers Friday. Analysts said the move, combined with retaining a bankruptcy law firm last month,...

    Tags: Career and Workplace, Unemployment, Business Enterprises, Bankruptcy, Companies and Corporations

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Financially Distressed Companies Photos
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