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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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AMF Bowling plans to merge with New York-based company
AMF Bowling Worldwide Inc. plans to merge with New York-based bowling center operator Bowlmor, the Richmond Times-Dispatch reported. The merger is part of the plan for Hanover County-based AMF Bowling to pay creditors’ debts and exit Chapter 11...
Tags: Hampton Roads, Bankruptcy, Economy, Business and Finance, Companies and Corporations, Bowling
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KidsPeace files for bankruptcy
Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....
Tags: Guaranty Corporation, Orefield, Politics, Interior Policy, Bankruptcy
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In Karoly will dispute, millions in administrative expenses
In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...Tags: Lawyers, Allentown, Bankruptcy, Economy, Business and Finance, Crime, Law and Justice
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Latest Maryland and Delaware news, sports, business and entertainment
POWERBALL-MARYLAND Maryland Lottery says glitch in system fixed (Information in the following story is from: WBAL-TV, http://www.wbaltv.com) BALTIMORE (AP) — Maryland Lottery officials say a software problem made it impossible for some winners of...Tags: Interior Policy, Hagerstown (Washington, Maryland), Prosecution, AT&T National, Waterway and Maritime Transportation
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Bankruptcy bidding will decide fate of isle microbrews
The Honolulu Star-AdvertiserThe fate of two of Hawaii's oldest microbrew beer brands -- whether they continue to be made and where -- could be decided today at a U.S. Bankruptcy Court auction in Honolulu. Current owners of Hilo-based Hawai'i Nui Brewing LLC, which produces...Tags: Court Preliminary, Auction Service, Advertising, Bankruptcy, Economy, Business and Finance
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Crime-fighting debate organizers hoping for clarity
The Record, Stockton, Calif.Anybody still scratching their head over the differences between two competing crime-fighting strategies for Stockton may gain some clarity Wednesday evening. The San Joaquin Taxpayer's Association will host a forum featuring backers of the two plans at...Tags: Bankruptcy, Crime, Law and Justice, Criminals
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Former Teacher of the Year on list of Portland layoffs
Portland Press Herald, MaineFour years ago, Gloria L. Noyes found herself at the pinnacle of her teaching career. Noyes, who was teaching fifth grade at Westbrook's Congin Elementary School, was chosen by her peers and the Maine Department of Education as the 2009 Maine Teacher of...Tags: Politics, Budgets and Budgeting, Layoffs and Downsizing, Career and Workplace, Job Layoffs
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EDITORIAL: Two sides to governing
The Record, Stockton, Calif.Stockton Mayor Anthony Silva said most of the right things in his State of the City Address last week. He wants more cops on the street. He wants programs for youths so they don't join gangs. He wants guns and drugs and thugs rounded up. He wants...Tags: Bankruptcy, Economy, Business and Finance, Finance, Crime, Law and Justice
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How not to run a local government
One of the more enjoyable aspects of my public career was an excellent relationship with public safety unions. Law enforcement, fire and EMT groups were supportive of my races for the state legislature, Congress and governor. Although not unheard of,...
Tags: U.S. Congress, Politics, Interior Policy, Bankruptcy, Crime, Law and Justice
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Aberdeen-area bankruptcies for May 9-15, 2013
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for May 9-15, 2013. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers...Tags: Bankruptcy
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Some recession victims feel lucky to be working harder
arnoldp@herald-mail.comOne thing Ed Grimes hates about his current work schedule is trying to explain it to others. “It’s confusing,” he said. Since being laid off in 2009 after nearly four decades at Hagerstown’s Noland Company, the 61-year-old...Tags: Bankruptcy, Religion and Belief, Companies and Corporations, Employment, Labor Markets
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New top Realtor sees a rebound, but full recovery years away
Washington TimesAs a Realtor in Orange County, California, Gary Thomas lives at the epicenter of the last decade's epic housing boom and bust that is only now beginning to release the economy from its withering grip. It was in that county and the broader Los Angeles...Tags: U.S. Congress, Politics, U.S. House Committee on Ways and Means, Bankruptcy, Taxation
May 22, 2013
|Story| Daily Press
May 21, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| AP Maryland
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Column| Baltimore Sun
May 19, 2013
|Story| Aberdeen News
May 18, 2013
|Story| Herald Mail
May 18, 2013
|Story| McClatchy-Tribune
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