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November 23, 2020

bankruptcy

Norwegian Air bankruptcy protection application to be heard on Dec. 7

Reuters
Norwegian Air crew staff demonstrate in front of the Norwegian Parliament to seek state support for the crisis-stricken airline, in Oslo, Norway November 18, 2020. REUTERS/Gwladys Fouche DUBLIN (Reuters) – Norwegian Air’s NORR.OL application for bankruptcy protection will be heard in an Irish court on Dec. 7, a spokesman for......

Francesca’s will close 140 stores, may file for bankruptcy

CNBC
CNBC – For more and to sign up click here A pedestrian walks by a Francesca’s store in New York. Scott Mlyn | CNBC Francesca’s said Monday that it will permanently close about 140 stores by the end of January, but also warned that it may have to take more......

How to manage unexpected health care costs and avoid bankruptcy

CBS News
CBS News – For more and to sign up click here The coronavirus has compounded Americans’ worries over and struggle to afford health care costs. Fully half of American adults fear that a major health event in their household could lead to bankruptcy, compared to 45% in 2019, according to......

Elon Musk says Tesla was ‘about a month’ from bankruptcy during Model 3 ramp

CNBC
CNBC – For more and to sign up click here Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images On Tuesday,......

Friendly’s Restaurants’ parent files for bankruptcy, announces sale

CNBC
CNBC – For more and to sign up click here A Friendly’s Ice Cream Corp restaurant is seen on the day the company filed for bankruptcy in Delray Beach, Florida. Joe Raedle | Getty Images FIC Restaurants, the parent company of Friendly’s, said Sunday that it has filed for Chapter......

Friendly’s files for bankruptcy, enters sales agreement

FoodBusinessNews
WILBRAHAM, MASS. — Amici Partners Group has agreed to acquire virtually all the assets of FIC Restaurants Inc., which operates under the brand name Friendly’s Restaurants. The sandwich, burger and ice cream chain filed for Chapter 11 bankruptcy relief on Nov. 1 to facilitate the sale. The deal is expected......

America’s malls under pressure: CBL, Pennsylvania REIT, file for bankruptcy

CNBC
CNBC – For more and to sign up click here CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties Mall owner CBL & Associates filed for Chapter 11 bankruptcy protection late Sunday, after its business was pressured by the coronavirus pandemic, highlighting the stresses the retail real estate industry is facing.......

AMC warns bankruptcy is on the table as cash runs low

CNBC
CNBC – For more and to sign up click here A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images AMC has agreed to sell as many as......

Fourth-generation movie theater operator says chain is months from bankruptcy

CNBC
CNBC – For more and to sign up click here Movie theater operator B&B Theatres says it’s months from bankruptcy SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

Latest Court Challenge Raises Question of Reopening FirstEnergy Solutions’ Bankruptcy Ruling

ClevelandScene
click to enlarge This article is provided by Eye on Ohio, the nonprofit, nonpartisan Ohio Center for Journalism in partnership with the nonprofit Energy News Network. Please join our free mailing list or the mailing list for the Energy New Network as this helps us provide more public service reporting.Environmental......

A heart condition led a young man into medical bankruptcy even with health insurance

CBS News
CBS News – For more and to sign up click here A young man is putting his life on hold after medical bills kept piling up, despite him having health insurance. As part of the continuing Bill of the Month partnership, Dr. Elisabeth Rosenthal joins “CBS This Morning” on what......

Heartbreaking Bills, Lawsuit and Bankruptcy — Even With Insurance

KHN
Laura Ungar Matthew Fentress was just 25 when he passed out while stuffing cannolis as a cook for a senior living community six years ago. Doctors diagnosed him with viral cardiomyopathy, heart disease that developed after a bout of the flu. Three years later, the Kentucky man’s condition had worsened,......

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