Corporate bankruptcy

May 22, 2018 - 10:36 am
REVERE, Mass. (AP) — Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies. The Boston Globe reports there are now four offers for Massachusetts-based Necco, or New England Confectionery Co. A bankruptcy auction is...
Read More
FILE - In this June 17, 2016, file photo, Henry Juszkiewicz, CEO of Gibson Brands, poses for a portrait with a Gibson Custom L-5 guitar during the official opening of the European hub of Gibson Brands at the A'dam Tower in Amsterdam, Netherlands. The maker of the Gibson guitar, omnipresent for decades on the American rock 'n' roll stage, is filing for bankruptcy protection after wrestling for years with debt. (AP Photo/Peter Dejong, File)
May 01, 2018 - 6:44 pm
NASHVILLE, Tenn. (AP) — The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt. A pre-negotiated reorganization plan filed Tuesday will allow Gibson Brands Inc. to continue operations with $135...
Read More
April 18, 2018 - 7:58 am
NEW YORK (AP) — The end is near for department store operator The Bon-Ton Stores. Two liquidation firms are the victors of an auction for the bankrupt company's assets, after the retailer failed to find a bidder willing to continue operating the business. A bankruptcy court hearing is scheduled for...
Read More
FILE - In this March 13, 2008, file ph too, workers use a guzzler vacuum to suck oil soaked sediment from a creek in Santa Maria, Calif., after oil spilled into the creek from a Greka Oil & Gas Inc. facility. The California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 million fine by state regulators Wednesday, April 11, 2018, for nearly 1,500 violations in the past year at an oil field in Orange County. (AP Photo/Damian Dovarganes, File)
April 11, 2018 - 8:40 pm
LOS ANGELES (AP) — A California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 million fine by state regulators Wednesday for nearly 1,500 violations in the past year at an oil field in Orange County. Greka Oil & Gas falsified results in...
Read More
FILE - In this Tuesday, Jan. 15, 2013 file photo, Remington rifle cartridges are displayed at the 35th annual SHOT Show in Las Vegas. U.S. gun maker Remington Outdoor Company has filed for bankruptcy protection after months of financial problems, falling sales and lawsuits tied to the Sandy Hook Elementary School massacre. Records from the bankruptcy court of the district of Delaware show that the company filed late Sunday, March 25, 2018. (AP Photo/Julie Jacobson, File)
March 26, 2018 - 12:11 pm
Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization amid years of slumping sales and legal and financial pressure over the Sandy Hook school massacre. In papers filed Sunday in federal...
Read More
FILE - In this April 21, 2011 file photo shows MGA chief executive Isaac Larian, left, leaves federal court in Santa Ana, Calif., after a victory over Mattel Inc. The CEO of the maker of the pouty Bratz dolls is launching a campaign to salvage some of Toys R Us' U.S. business being liquidated in bankruptcy. (AP Photo/Christine Cotter, File)
March 22, 2018 - 4:16 am
NEW YORK (AP) — Toy company executive Isaac Larian says he and other investors have pledged a total of $200 million in financing and hope to raise four times that amount in crowdfunding in order to bid for up to 400 of the Toys R Us stores being liquidated in bankruptcy. The unsolicited bid still...
Read More
FILE - In this Jan. 8, 2017, file photo, Harvey Weinstein arrives at The Weinstein Company and Netflix Golden Globes afterparty in Beverly Hills, Calif. New York's governor on Monday, March 19, 2018, directed the state's attorney general to review the 2015 decision by the Manhattan district attorney's office to not prosecute a sex abuse case against Weinstein. (Photo by Chris Pizzello/Invision/AP, File)
March 20, 2018 - 11:50 pm
DOVER, Del. (AP) — A Delaware bankruptcy judge on Tuesday issued initial orders allowing the Weinstein Co. to continue paying its bills and working toward a sale of substantially all of its assets. Judge Mary Walrath's rulings include interim approval for the company to borrow up to $25 million to...
Read More
FILE - In this Jan. 6, 2016, file photo, producer Harvey Weinstein participates in a panel at the A&E 2016 Winter TCA in Pasadena, Calif. On Monday, March 19, 2018, The Weinstein Co. announced it has filed for bankruptcy protection with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual abuse scandal that brought down co-founder Weinstein. (Photo by Richard Shotwell/Invision/AP, File)
March 20, 2018 - 6:08 pm
LOS ANGELES (AP) — Is #MeToo part two on the way? With its bankruptcy, the Weinstein Co. has tossed out the non-disclosure agreements that officials say co-founder and former CEO Harvey Weinstein wielded as a weapon in his sexual misconduct to keep women quiet. That brought with it the possibility...
Read More
FILE - In this Jan. 8, 2017, file photo, Harvey Weinstein arrives at The Weinstein Company and Netflix Golden Globes afterparty in Beverly Hills, Calif. New York's governor on Monday, March 19, 2018, directed the state's attorney general to review the 2015 decision by the Manhattan district attorney's office to not prosecute a sex abuse case against Weinstein. (Photo by Chris Pizzello/Invision/AP, File)
March 20, 2018 - 1:17 am
NEW YORK (AP) — The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual misconduct scandal that brought down co-founder Harvey Weinstein, shook Hollywood and triggered a movement that...
Read More
Specialist Robert Tuccillo, right, works with traders on the floor of the New York Stock Exchange, Thursday, March 15, 2018. U.S. stocks are slightly higher Thursday morning as technology and health care companies move up after two days of broad losses. (AP Photo/Richard Drew)
March 15, 2018 - 1:56 pm
NEW YORK (AP) — Coming off two days of losses, U.S. stocks are mostly lower Thursday after a midday rally faded. Chemicals maker Monsanto is falling after Bloomberg News reported that U.S. authorities have concerns about its sale to Bayer. Household goods makers and smaller companies are also down...
Read More

Pages