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Financially Distressed Companies

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

Top Financially Distressed Companies Articles

Displaying items 12-22
  • Local firms that rely on film industry fight to keep jobs here

    Local firms that rely on film industry fight to keep jobs here
    In 1958, Ed Michelson started a motion picture catering company — Michelson Food Services — and made food for the cast and crew on such classic films as "West Side Story" and "Some Like it Hot." Michelson was one of the first to operate a...
  • They're out: Dodgers are dismissed from bankruptcy court

    They're out: Dodgers are dismissed from bankruptcy court
    The greatest stain on the history of a proud franchise was officially dissolved Monday, when U.S. Bankruptcy Judge Kevin Gross signed a final decree ending the Dodgers' time in his court. The bankruptcy cases of the Dodgers and related entities "are...
  • Quizno's files for bankruptcy, but you can still get a toasted sub

    Quizno's files for bankruptcy, but you can still get a toasted sub
    Quizno's, the sandwich chain known for its toasted sandwiches, filed for bankruptcy protection Friday. But toasters at locations around the country will remain hot and ready.  The Denver-based company's board voted for a pre-packaged restructuring...
  • Quiznos follows Sbarro into bankruptcy

    Quiznos follows Sbarro into bankruptcy
    Quiznos, the Denver-based sandwich chain, said Friday it had filed for Chapter 11 bankruptcy in Delaware, the second quick-service restaurant chain in a week to do so. The filing is expected to be speedy, as Quizno's senior leadership had already...
  • Soap opera producer Prospect Park files for bankruptcy protection

    Soap opera producer Prospect Park files for bankruptcy protection
    Prospect Park Networks -- the production company that launched with high hopes of bringing two canceled ABC soap operas back to life -- has put itself on legal life support. The production firm based in Century City, headed by veteran producers Jeff...
  • Bitcoin founder or not, is he having fun messing with our heads?

    Bitcoin founder or not, is he having fun messing with our heads?
    There was already something kind of amusing about Bitcoin, a currency backed by the full faith and credit of magical thinking and traded (until a virtual heist) by, among others, a Tokyo-based company whose name, Mt. Gox, comes from “Magic: the...
  • Sbarro files for second bankruptcy in three years

    Sbarro files for second bankruptcy in three years
    Sbarro filed for bankruptcy for the second time in three years as the pizza chain watches foot traffic slow in the malls many of its restaurants occupy. The Melville, N.Y., company filed for Chapter 11 protection in U.S. Bankruptcy Court in Manhattan on...
  • Jack Griffin named Tribune Publishing CEO; Eddy Hartenstein chairman

    Jack Griffin named Tribune Publishing CEO; Eddy Hartenstein chairman
    Veteran publishing executive Jack Griffin has been named chief executive of the new Tribune Publishing Co., leading a group of eight newspapers including the Los Angeles Times and Chicago Tribune. The publishing chain is being spun off as a separately...
  • Vince Young files for bankruptcy protection

    Vince Young files for bankruptcy protection
    Vince Young made $34 million in his six years as an NFL quarterback. Last week, the 30-year-old Young filed for Chapter 11 bankruptcy protection. “[Young] invested in private, illiquid investments, and he overspent,” said Ed Butowsky, a...
  • Oscar night no gala for film, TV workers hit by runaway production

    Oscar night no gala for film, TV workers hit by runaway production
    Tom Capizzi is going to Hollywood Sunday night for the 86th Academy Awards, but not in a limo or a tux. Instead, he will be protesting near the Dolby Theatre, hoisting a green sign saying "Chase Talent Not Subsidies." Capizzi will be among hundreds of...
  • 'Real Housewives' stars plead guilty to fraud charges in N.J.

    'Real Housewives' stars plead guilty to fraud charges in N.J.
    Two stars of the reality television show “Real Housewives of New Jersey” face the reality of prison after pleading guilty on Tuesday to federal charges of committing a long-running financial fraud. Teresa and Giuseppe “Joe”...