Tag: Chapter 11
$175M acquisition is worth it for Lifespan
Despite facing financial challenges in the recent fiscal year, Lifespan Corp. is confident its $175 million purchase of two cash-strapped hospitals in Massachusetts will...
LL Flooring closing all stores, including 1 in R.I.
PROVIDENCE – LL Flooring, formally known as Lumber Liquidators, is closing all of its stores and will cease operations just weeks after filing for...
Lawmakers seek health care, retirement protections for Steward Health Care workers
BOSTON (AP) – A group of Democratic members of Congress, led by Sen. Edward Markey of Massachusetts, is seeking reassurances that workers at hospitals owned by...
Steward Health Care files for bankruptcy protection
BOSTON (AP) – Hospital operator Steward Health Care filed for bankruptcy protection early Monday morning, but pledged to maintain the eight hospitals it operates...
Dartmouth Mall owner files for bankruptcy protection
PROVIDENCE – The owner of the Dartmouth Mall on Monday filed for bankruptcy protection for the second time in three years.
Shareholders of the Pennsylvania...
R.I. bankruptcies dip to 106 in November
PROVIDENCE – Bankruptcies in Rhode Island totaled 106 in November, a decline from 134 one year prior, the U.S. Bankruptcy Court District of Rhode...
Hasbro falls on news Toys R Us said to prepare shutdown...
NEW YORK – Toys R Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find...