13, 2014 4:47 p.m. ET Brookstone Inc., known for its wide array of consumer gadgets such as massage chairs and travel electronics, is contemplating a possible bankruptcy-protection filing in the coming weeks as talks advance with potential buyers, people familiar with the matter said. The specialty retailer, plagued by disappointing sales, weak liquidity and a hefty debt load, is in talks with firms including Hilco Global and Tiger Capital Group LLC on buying or investing in the company, these people said. A liquidation of the mall- and…
For the original version including any supplementary images or video, visit http://ift.tt/1oqpvGX
But he still refused to rule out selling the art. Meanwhile, lawyers representing the citys creditors accused the auction house of lowballing its estimates and said that all the art, not just the items purchased with city cash, should be considered salable. That includes Riveras murals, even if they are actually a part of the building and difficult to remove. But as many people have learned in Detroit in recent years, nothing is safe not even the bricks in the walls.
For the original version including any supplementary images or video, visit http://ift.tt/1bXDIpC
He has been hearing that Brandi Glanville is telling the press that he and Lisa Vanderpump have filed for bankruptcy once before. According to a new Radar Online report published on Feb. 12, The Real Housewives of Beverly Hills husband Ken Todd is now getting involved with the bankruptcy rumors because he is directly affected. I have worked very hard to establish my reputation as a businessman and your lies threaten my name and character.
For the original version including any supplementary images or video, visit http://ift.tt/1dPPKOm
Read the DBR article via The Wall Street Journal . According to Bloomberg , Texas sports network CSN Houston wont have to halt its restructuring, dealing a loss to Major League Baseballs attempt to halt the case. The Securities and Exchange Commission balked at Edison Missions bankruptcy plan, DBR (sub. req.) reports . LightSquared might file its bankruptcy plan by Friday, Reuters reports .
For the original version including any supplementary images or video, visit http://ift.tt/1iWq4EX
PNM’s initial 50 percent stake in Optim was later cut to 1 percent through a restructuring and eventually written off, leaving Optim solely under the control of Cascade. Power companies such as Optim that sell on deregulated markets have been stung by plummeting natural gas prices, which in turn depress prices for power. Dynegy Inc and Edison Mission Energy both filed for bankruptcy Bankruptcy Lawyer in recent years, and Energy Future Holdings, formerly TXU, is negotiating with creditors to restructure $40 billion in debt. Optim generated revenues of $236 million last year, according to filings with the U.S. Bankruptcy Court. To fund Optim’s operations while it restructures in bankruptcy, Cascade has proposed a $115 million debtor-in-possession loan.
For the original version including any supplementary images or video, visit http://ift.tt/1dPPM8X
Email | LinkedIn | Twitter U.S. Bankruptcy Judge A. Jay Cristol approved a plan by a company in Chapter 11 to pursue a residential project on wealthy Fisher Island. The order by the judge on Feb. 11 allows Fisher Island Investments to fully pursue development of the Palazzo del Sol and Palazzo del Luna projects despite the ongoing bankruptcy case and a foreclosure lawsuit in county court. Fisher Island Investments was thrown into bankruptcy court by an involuntary Chapter 11 filing by several alleged creditors in 2011. The case has been delayed by ownership desputes but those issues have apparently been resolved and the court declared tha the officers and directors of Fisher Island Investments are Roberto Sosa , Mark Hauf and Yves Baumann .
For the original version including any supplementary images or video, visit http://ift.tt/1jBxFvA
Victor Camille Lebouthillier, 54, has been charged with offences contrary to the BIA. It is alleged that Lebouthillier, while an un-discharged bankrupt, had committed four BIA offences, including; Engaging in a trade or business without disclosing that he was an un-discharged bankrupt. Failing to inform the Trustee of a material change in his financial situation. Failing to inform the Trustee of his becoming a Director and Officer and the controller of assets of a company. Making a fraudulent disposition of a bankrupt’s property. “The Bankruptcy and Insolvency Act requires people that have declared bankruptcy to inform business partners about their financial status,” explains Cpl. Frank Lenarcic. “The need for disclosure is to protect potential business partners from financial risk and to help maintain Canada’s economic financial integrity.” Lebouthillieris scheduled to make his first court appearance at the Kelowna Law Courts on March 4, 2014.
For the original version including any supplementary images or video, visit http://ift.tt/1dPPM91
In all, the archdiocese says it has spent $6.9 million on its own attorneys. It estimated its creditors’ attorney costs, which the archdiocese must pay, are nearly $12.5 million. Creditors include hundreds of abuse victims. Bankruptcy A federal judge found the state’s ban on same-sex marriage unconstitutional. Reuters Kerry faces tough sell in China on NKorea, tension BEIJING (AP) U.S.
For the original version including any supplementary images or video, visit http://ift.tt/1ggQ2mn
from WordPress http://ift.tt/1iWxYOS
via IFTTT
No comments:
Post a Comment