Chelsea Art Museum Closes For Rest Of August
NEW YORK (AP) – The Chelsea Art Museum is shutting down for the rest of August to avoid foreclosure. The company that owns the West 22nd Street museum filed for Chapter 11 bankruptcy protection earlier...
View ArticleCourt Approves A&P’s $800 Million Financing
MONTVALE, N.J. (AP) — A New York court has approved $800 million in financing that will allow the Great Atlantic & Pacific Tea Co. to continue operating while under Chapter 11 bankruptcy...
View ArticleBorders Files For Ch. 11 Bankruptcy Protection
NEW YORK (CBSNewYork/AP) – Bookseller Borders, which helped pioneer superstores that put countless mom-and-pop bookshops out of business, filed for bankruptcy protection Wednesday, sunk by crushing...
View ArticleJudge Expected To Rule On Blockbuster’s Future
NEW YORK (CBSNewYork/AP) — A judge Thursday was set to rule on whether movie-rental chain Blockbuster Inc., operating under Chapter 11 bankruptcy protection can sell itself to a group of investors or...
View ArticleBorders Outlines Additional 28 Store Closings
NEW YORK (CBSNewYork/AP) — Borders Group Inc. plans to close an additional 28 stores, bringing the total closings to 228, as it tries to reorganize in bankruptcy protection. The additional closings...
View ArticleInterfaith Medical Center In Brooklyn Files For Bankruptcy Protection
NEW YORK (CBSNewYork/AP) — Interfaith Medical Center in Brooklyn has filed for Chapter 11 bankruptcy protection. The New York Times reported the hospital filed for Chapter 11 reorganization late...
View ArticleOwner Of Mandee, Annie Sez, Afaze Blames Sandy For Bankruptcy
NEW YORK (CBSNewYork/AP) — The New Jersey-based owner of the Mandee, Annie Sez and Afaze clothing stores filed for Chapter 11 bankruptcy protection Monday, citing effects from Superstorm Sandy as the...
View ArticleRevel Casino Emerges From Bankruptcy Filing
ATLANTIC CITY, N.J. (CBSNewYork/AP) - Just over a year after it opened, Atlantic City’s newest casino has gone into bankruptcy and gotten out of it, ready to start again. Revel formally completed a...
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