Tag: Bankruptcy
New bill would simplify bankruptcy process for small businesses
Advocates for small businesses may finally get the legislation they’ve been seeking.
Congress passed a bill in July to make it simpler and less expensive...
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...
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