DETROIT, MI – Kresge Foundation contributed $100 million towards “Grand Bargain” to rescue the city … [+] of Detroit when it went bankrupt. (Kent Nishimura /...
Endless shrimp did not cause Red Lobster to file for bankruptcy A series of financial problems including $294 million in debt has lead seafood giant Red...
Crypto lender Genesis Global received a significant victory in bankruptcy court on Friday, securing approval for its liquidation plan that will return approximately $3 billion in...
Red Lobster has closed its Jackson location as part of closures announced of 48 restaurants across 27 states, although the restaurant never reopened following being closed...
LANSING, Mich. (WILX) – Tens of thousands of Tigers fans in Michigan will have to find a new way to watch their favorite team. Bally Sports...
Express will be closing stores in Iowa and across the country as part of a bankruptcy plan announced by the company. The Columbus, Ohio-based retailer currently...
Iowa Boy Scouts who were sexually abused as children will be able to recover more money through a national bankruptcy settlement under a bill passed Tuesday...
China’s Zhongzhi Enterprise Group has declared bankruptcy, following a calamitous year in which it sparked fears that the world’s second-largest economy was facing a “Lehman moment.”...
Several local Rite Aid stores to close after company files for bankruptcy Several local Rite Aid stores to close after company files for bankruptcy 03:10 PITTSBURGH...
Matthew Schneider discusses Department of Justice’s lawsuit against Rite Aid Matthew Schneider discusses Department of Justice’s lawsuit against Rite Aid 06:07 (CBS DETROIT) – Several Rite...