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Aeropostale Preparing to File for Bankruptcy This Week

Wall Street Journal - ‎May 2, 2016‎
Some 55% of U.S. retailers that filed for bankruptcy since 2005 ended up going out of business, versus 5% in other industries, according to an October study by consulting firm AlixPartners LLP.

Should city seek bankruptcy relief?

Natchez Democrat - ‎May 2, 2016‎
Moreover, it appears to meet the definition of insolvency carved out for municipalities in the U.S. Bankruptcy Code, which defines insolvency, as respects a municipality at 11 USC 101(32)(c), as “financial condition such that the municipality is (i ...

Aeropostale, one-time mall king, seeks bankruptcy protection

12NewsNow.Com - ‎22 hours ago‎
... an addiction to painkillers shortly before his death. Prince's representatives arranged for the musician to meet a California doctor to help him kick an addiction to painkillers shortly before his death, according to a newspaper report published ...

Abortion Clinic Files for Bankruptcy After Firing Employees When They Became Pregnant

LifeNews.com - ‎Apr 22, 2016‎
Campanella's abortion facility made $1.8 million in revenue last year, according to the bankruptcy documents obtained by the newspaper. Though he wants the courts to believe his mission is to serve women's needs, his business practices show otherwise.

King Aviation files bankruptcy; Mansfield seeks new management system for airport

Wicked Local - ‎Apr 21, 2016‎
After years of being operated by a private company under a lease agreement, the Mansfield Municipal Airport may begin employing its own manager to oversee operations.

Poinciana debt servicer declares bankruptcy

Osceola News-Gazette - ‎19 hours ago‎
According to state records, 1st One Hundred LLC, the debt servicer the Association of Poinciana Villages had contracted with to collect past-due homeowner assessment accounts, filed for Chapter 11 bankruptcy protection on March 21. The APV, at its ...

Caesars Won't Get Lawsuit Shield as Restructuring Talks Continue

Wall Street Journal - ‎19 hours ago‎
The casino company's bankrupt operating unit on Wednesday declined to ask a Chicago bankruptcy judge to extend the injunction protecting its parent, which isn't in bankruptcy, from litigation brought by the unit's bondholders. The lawsuits, which ...

Ex-client sues firm for allegedly accepting credit card payment for bankruptcy legal fees

ABA Journal - ‎Apr 22, 2016‎
However, “It is KEL's policy never to take a credit card payment for bankruptcy retainers,” said managing partner Matthew Englett in a written statement provided to the newspaper. “Due to the active litigation we cannot comment further.” The partners ...
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Palmersaurus: Australian billionaire faces political extinction

BBC News - ‎11 hours ago‎
... also face criminal charges, bankruptcy, and the unravelling of his financial empire, over the collapse of his nickel operation in north Queensland, which put almost 800 people out of work.
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Gambia: A Wind Of Change In Gambia

Freedom Newspaper - ‎14 hours ago‎
The failures are there for everyone to see: a crumbling economy, spiraling unemployment, bankruptcy, a critical shortage of electricity, a divided nation drained of hope and above all, an inept leadership that is seized with self-destruction.

Energy Future files 2nd bankruptcy plan, leaving Hunt's bid for Oncor in limbo

Utility Dive - ‎May 3, 2016‎
“The new plan filed by EFH early this morning explicitly contemplates a potential [real estate investment trust] transaction under our current proceeding before the Public Utility Commission of Texas,” Jeanne Phillips, a Hunt spokeswoman, told the ...
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After quitting politics, will Peladeau return to media giant Quebecor?

CTV News - ‎May 3, 2016‎
He sold off the troubled international printing subsidiary soon after it filed for bankruptcy protection in 2008. Peladeau then reoriented the company toward focusing on promoting homemade news and entertainment content across its many platforms and on ...

7 brand names you may have been mispronouncing

AsiaOne - ‎9 hours ago‎
Aeropostale, a teenage fashion brand, has been in the news as it looks set to file for bankruptcy in the United States this week.

All that is wrong with 1MDB and PM's billions

Malaysiakini (subscription) - ‎3 hours ago‎
COMMENT 1MDB is not a wealth fund as it is touted to be. Except for the RM1 million contributed by the government, the rest of the RM42 billion is borrowed money.

Top Local Editor to Leave Register

Orange County Business Journal - ‎18 hours ago‎
Orange County Register Managing Editor Donna Wares will leave the paper Friday to serve as editorial director for a yet-to-launch online travel enterprise, according to the daily newspaper. Wares' departure will follow several members of the ...
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How Lucas Neill's risky run ended in ruin

The Australian - ‎May 2, 2016‎
Ray Gatt has been a sports reporter since 1972, covering horse racing, rugby league, cricket and soccer. Ray has been the chief soccer writer at The Australian newspaper since 1989. He has covered the last seven Socceroos World Cup campaigns including ...
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The Latest: Aid official: Syria fighting cuts off more areas

12NewsNow.Com - ‎22 hours ago‎
(SANA via AP). In this photo released by the Syrian official news agency SANA, Syrian citizens and firefighters gather at the scene where one of rockets hit the Dubeet hospital in the central neighborhood of Muhafaza in Aleppo, Syria, Tuesday, May 3, 2.

Weak US hiring report sends stocks lower on Wall Street

12NewsNow.Com - ‎22 hours ago‎
NEW YORK (AP) - U.S. and global stock indexes were lower for a second day early Wednesday, following a dismal report on job creation that gave investors concern over the state of the economy.
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Germany raises tax income forecast, bolstering budget plans

12NewsNow.Com - ‎22 hours ago‎
(AP Photo/Markus Schreiber). German Finance minister Wolfgang Schaeuble arrives for the cabinet meeting of the German government at the chancellery in Berlin, Germany, Wednesday, May 4, 2016.
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The Latest: Cruz financial backer signals support for Trump

12NewsNow.Com - ‎21 hours ago‎
Republican presidential candidate Donald Trump speaks during a primary night news conference, Tuesday, May 3, 2016, in New York.
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