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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 22, 2013 |Story| Daily Press
  1. 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.
    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

  2. May 21, 2013 |Story| Allentown Morning Call
  3. KidsPeace files for bankruptcy

    Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday.
    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

  4. May 20, 2013 |Story| Allentown Morning Call
  5. 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

  6. May 20, 2013 |Story| AP Maryland
  7. 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

  8. May 20, 2013 |Story| McClatchy-Tribune
  9. Bankruptcy bidding will decide fate of isle microbrews

    The Honolulu Star-Advertiser
    The 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

  10. May 20, 2013 |Story| McClatchy-Tribune
  11. 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

  12. May 20, 2013 |Story| McClatchy-Tribune
  13. Former Teacher of the Year on list of Portland layoffs

    Portland Press Herald, Maine
    Four 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

  14. May 19, 2013 |Story| McClatchy-Tribune
  15. 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

  16. May 19, 2013 |Column| Baltimore Sun
  17. 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.
    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

  18. May 19, 2013 |Story| Aberdeen News
  19. 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

  20. May 18, 2013 |Story| Herald Mail
  21. Some recession victims feel lucky to be working harder

    One thing Ed Grimes hates about his current work schedule is trying to explain it to others.
    arnoldp@herald-mail.com
    One 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

  22. May 18, 2013 |Story| McClatchy-Tribune
  23. New top Realtor sees a rebound, but full recovery years away

    Washington Times
    As 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

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