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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: Chrysler Group LLC, Economy, Business and Finance, Chrysler, Big 3 Auto Bailout (2008), Automotive Equipment

    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, Bankruptcy, Entertainment, Services and Shopping, Defense Equipment

    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: The Weinstein Company, Bankruptcy, Companies and Corporations, Animation (Movie Genre), Economy, Business and Finance

    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: Ford Motor Co., Bankruptcy, Fuel-efficient Vehicles, Chrysler Group LLC, Earnings Forecasts

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

  5. 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: Government, Bankruptcy, Public Officials, Shootings, Politics

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

  6. 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: Ford Motor Co., Tesla, Nissan, Chrysler Group LLC, Earnings Forecasts

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

  7. 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: Government, Science and Technology, Bankruptcy, Trials, Public Officials

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

  8. 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, Economy, Business and Finance, Chrysler, Netherlands, Automotive Equipment

    9. Apr 17, 2013 |Story| Los Angeles Times

  9. American Airlines computer outage grounds hundreds of flights

    American Airlines, hoping to reinvent itself by coming out of bankruptcy with a new logo, freshly painted planes and a merger plan that will make it the nation's largest carrier, suffered a setback Tuesday when a computer outage grounded hundreds of planes across the country.
    American Airlines, hoping to reinvent itself by coming out of bankruptcy with a new logo, freshly painted planes and a merger plan that will make it the nation's largest carrier, suffered a setback Tuesday when a computer outage grounded hundreds of...

    Tags: Continental Airlines, United Air Lines, Los Angeles International Airport, Bankruptcy, U.S. Airways

    10. Apr 16, 2013 |Story| Los Angeles Times

  10. American Airlines' flights grounded by computer problems

    Computer problems have forced American Airlines, one of the nation's largest air carriers, to keep hundreds of its flights from departing across the country.
    This post has been updated. See the note below for details.
    Computer problems have forced American Airlines, one of the nation's largest air carriers, to keep hundreds of its flights from departing across the country. The Fort Worth-based airline said it has been struggling with intermittent computer problems...

    Tags: Air Transportation Delays, Los Angeles International Airport, Bankruptcy, AMR Corp., U.S. Airways

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

  11. 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: Continental Airlines, United Air Lines, Los Angeles International Airport, Bankruptcy, U.S. Airways

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

  12. 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: Justice System, Bankruptcy, Pension and Welfare, Judges, Bonds

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Financially Distressed Companies Photos
Dionne Warwick has filed for bankruptcy. The "Walk On B...
(March 29, 2013)
Dionne Warwick files for bankruptcy
Rhythm & Hues, which recently filed for bankruptcy prot...
(March 28, 2013)
Oscars
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(February 24, 2013)
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 » All 52 Financially Distressed Companies photos