Home Tags Bankruptcy

Tag: Bankruptcy

THERE WERE 153 bankruptcies in Rhodes Island in June, a 26.8% decline year over year. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

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...
BANKRUPTCY FILINGS in Rhode Island have steadily declined since peaking in 2010. / PBN FILE PHOTO

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....
ACCORDING TO a recent survey of bankruptcy filers, 32% had student debt. On average, those who had student debt said that that debt comprised nearly half of their total debt. / BLOOMBERG FILE PHOTO/MICHAEL OKONIEWSKI

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 INC., which has 18 locations within Rhode Island and Bristol County, Mass., plans to close all of its U.S. stores after again filing for bankruptcy, according to a report Thursday by Reuters./BLOOMBERG PHOTO/SCOTT EELLS

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...
CLUB PRESERVED: The Agawam Hunt country club in East Providence emerged from bankruptcy in March under a reorganization that sold the club assets to a new ownership group and which included the sale of a conservation easement to The Nature Conservancy.
 / COURTESY AGAWAM HUNT

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 filed for Chapter 11 bankruptcy with a plan to cut debt by more than $400 million and a deal with lenders that will keep stores open during a reorganization. / BLOOMBERG NEWS FILE PHOTO/JEENAH MOON

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...
PGHC HOLDINGS, parent company of Papa Gino's and D'Angelo Grilled Sandwiches restaurants, has declared bankruptcy, entered into a stalking horse sale agreement with a private equity firm and closed 95 restaurants across New England, impacting roughly 1,000 workers.

Papa Gino’s parent company declares bankruptcy, closures impact roughly 1,100 N.E....

DEDHAM, Mass. – PGHC Holdings Inc., the parent company of Papa Gino’s and D’Angelo Grilled Sandwiches restaurants, filed for Chapter 11 bankruptcy in Delaware...
SEARS HOLDING CORP. was said to be negotiating a deal that would keep some stores open through Christmas. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears said to be hammering out deal to stay open in...

NEW YORK - Negotiations over the fate of Sears Holdings Corp. have moved away from a possible liquidation toward a plan that would keep some...
SEARS HOLDING CORP. is preparing to file for bankruptcy as soon as Sunday, according to a person familiar with the plan. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears is preparing for bankruptcy as soon as this weekend

NEW YORK - The long goodbye for America’s most iconic retailer inches closer to an ending. Sears Holdings Corp., the struggling United States chain owned...
- Featured Event -

Latest News