Tag: Bankruptcy
Bill to streamline bankruptcy process for small businesses moves to president
PROVIDENCE – Congress has approved legislation to streamline bankruptcy procedures and provide new tools for small-business owners.Co-sponsored by Sen. Sheldon Whitehouse, D-R.I., and Rep....
An outlier comes to Providence Place
While other department stores have closed as sales slip away with changing consumer preferences and a migration online, Reading, Pa.-based Boscov’s is an outlier....
Municipal opioids lawsuits moving quickly
While a lawsuit filed by Rhode Island is moving slowly, a proposed class-action lawsuit against opioid makers by cities and counties nationwide – including...
R.I. sees 153 bankruptcies in June
PROVIDENCE – There were 153 bankruptcies in Rhodes Island in June, a 26.8% decline year over year, according to the U.S. Bankruptcy Court District...
R.I. sees 185 bankruptcy filings in May
PROVIDENCE – There were 185 bankruptcy filings in Rhode Island in May, a 19.9% decline from one year prior, according to data from U.S....
Survey of bankruptcy filers shows 32% had student debt
PROVIDENCE – A report from LendEdu said that a recent survey of low-income individuals who filed for Chapter 7 bankruptcy showed that 32% carried...
Insys files for bankruptcy, overcome by opioid liabilities
NEW YORK – Insys Therapeutics Inc. filed for bankruptcy protection after agreeing to pay hundreds of millions of dollars to settle a related probe...
Payless ShoeSource to close all U.S. stores
PROVIDENCE — Payless ShoeSource Inc., a worldwide discount shoe retail chain, is planning to shutter all of its stores in the U.S. when the...
Home sales cool; golf clubs on the move
The residential real estate market started to cool in 2018, returning to an equilibrium between buyers and sellers, after two solid years of appreciation...
David’s Bridal files for Chapter 11 bankruptcy in Delaware
NEW YORK - David’s Bridal Inc. filed for bankruptcy with a plan to cut debt by more than $400 million and a deal with...
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