bankruptcy
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice. The airline said it will continue to operate as it restructures its debt. “Spirit expects to continue operating its business in the normal course throughout […]
A court-appointed bankruptcy trustee has filed an emergency motion amid disputes among Sandy Hook families regarding the assets of Alex Jones’ Infowars. Following defamation suits, families were awarded nearly $1.5 billion in damages against Jones for falsely claiming the 2012 Sandy Hook shooting never occurred. The families are now divided, with some accusing others of […]
The popular furniture store Ruby Gordon announced it filed chapter 11 bankruptcy earlier this week. The company has been in the Rochester area for nearly 90 years with locations in Greece and Henrietta. Ruby Gordon files for Chapter 11 bankruptcy | WHAM (13wham.com)
Bed Bath & Beyond filed for bankruptcy. The company website said “Thank you to all of our loyal customers. We have made the difficult decision to begin winding down our operations.” The company’s 360 Bed Bath & Beyond locations, along with its 120 buybuy BABY stores, will remain open for now, as will websites. The […]
If you are a regular at the Regal, unfortunately, you will have to find a new theater. The Regal Cinemas movie theater at The Mall at Greece Ridge is reportedly closing as part of its parent company’s Chapter 11 bankruptcy. Cineworld will be closing 39 theaters, in Greece, Buffalo, Williamsville, Ithaca, and other locations across […]
Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court, a day after the cryptocurrency lender filed for Chapter 11. New Jersey-based Celsius froze withdrawals last month, citing “extreme” market conditions, cutting off access to savings for individual investors and sending tremors through the crypto market. In the filing at […]
According to news reports last week, executives were advised by creditors to settle out with a deal for a $356 million dollar debt that’s owed by March 1st. According to Bloomberg news reports, this type of deal most likely comes with filing for chapter 11 bankruptcy. Frontier total debt is at around $17.5 billion dollars. The […]
-
Pages
WDKX Holiday Stream