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Prospect Medical Holdings files for bankruptcy

A health care company that owns and operates more than 182 hospitals and clinics across the country filed for Chapter 11 bankruptcy protection in Texas federal court on Saturday. Prospect Medical Holdings, a Los Angeles-based health care company, goes bankrupt after its previous owner siphoned off hundreds of millions of dollars in dividends and management […]

NYC nail salon Glosslab files for bankruptcy

The celebrity-backed Manhattan nail salon chain, which was put on alert after the newspaper exclusively reported on rent arrears, has filed for bankruptcy, according to court filings. Grosslove, who has raised $20 million from investors including model Olivia Culpo, musicians from The Chainsmokers, former Knicks star Ammar Stoudemire and Detroit Lions quarterback Jared Goff, announced […]

The Container Store Files for Chapter 11 Bankruptcy

Container Store has filed for bankruptcy, the latest of several major retail chains to make that decision, following similar announcements from Party City, Big Lots, True Value and Rite Aid. The storage and organization brand, which has 102 locations, plans to remain open through the approximately 35-day process to obtain Chapter 11 bankruptcy protection, according […]

The Container Store files for Chapter 11 bankruptcy protection

The Container Store filed for Chapter 11 bankruptcy protection. The retail chain is feeling the pinch as inflation-weary shoppers cut back on discretionary home improvement spending. The storage and organization supplies retailer, which has about 100 stores nationwide, has seen sales slump due to soaring prices and rising mortgage interest rates, and demand has plummeted […]

Party City weighing second bankruptcy in less than two years: report

of party It may be over. According to reports, Party City is planning to file for bankruptcy for the second time in about two years as sales continue to decline. The New Jersey-based party supplies and crafts retailer is behind on rent at some of its 850 stores across the United States. bloomberg news This […]

Judge Blocks Alex Jones’ Infowars Sale To The Onion Amid Bankruptcy Auction Dispute

This photo illustration shows The Onion's home page on a computer screen with a satirical article titled “Why I Decided to Buy InfoWars” in Pasadena, California on November 14, 2024 It has been. Satirical news company The Onion has acquired Alex Jones' Infowars in a bankruptcy auction as part of a defamation settlement over the […]

Judge rejects sale of Alex Jones’ Infowars to The Onion in dispute over bankruptcy auction

A federal judge on Tuesday night rejected the sale of conspiracy platform Infowars to satirical news outlet The Onion after Alex Jones claimed a recent bankruptcy auction involved illegal collusion. did. The Onion was named the winning bidder on November 14, beating out companies affiliated with Mr. Jones. U.S. Bankruptcy Judge Christopher Lopez's decision means […]

Can Nissan survive? Automaker slashes US production as bankruptcy looms

The entire auto industry may be in trouble, but Nissan's prognosis is particularly dire, one that is measured in months rather than years. Sluggish sales, mainly in North America, have been a devastating blow to Japanese automakers. As a result, dealers sold cars at a loss and production was cut by 20%. Most recently, the […]

Vodka maker Stoli Group USA files for Chapter 11 bankruptcy

See what's being clicked on FoxBusiness.com. Stoli Group USA filed for Chapter 11 bankruptcy protection in court last week. Stoli Group USA, a division within Stoli Group and owned by global beverage company SPI Group, said in a Nov. 27 bankruptcy filing in the U.S. Bankruptcy Court for the Northern District of Texas that the […]