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Former employee sues bankrupt Las Vegas company over layoffs
A request for comment was placed with Interstate's bankruptcy attorney. A similar lawsuit alleging WARN Act violations is pending against the Nevada Cancer Institute over a mass layoff there in April. In that situation, the Cancer Institute did not
Updated: 09/29/2011 09:14P
A post-Solyndra snapshot of solar in America
Since the solar energy technology manufacturer Solyndra filed for bankruptcy in late August, there's been mounting concerns about whether America's "green jobs" are at risk, and if renewable energy subsidies from the government are in jeopardy.
Updated: 09/29/2011 09:05P
Friendly's Restaurants To File For Bankruptcy
(NewsCore) - Restaurant chain Friendly's is planning to file for Chapter 11 bankruptcy protection and seek a possible buyer, The Wall Street Journal reported Thursday, citing people close to the matter. The chain, which has about 10000 employees and
Updated: 09/29/2011 09:03P
Papa John's Franchise Bankruptcy Delays Colo., Minn. Workers' Pay
DENVER -- About 1200 employees at 72 Papa John's pizza franchises in Colorado and Minnesota could go without paychecks for at least two weeks after the owner filed bankruptcy, according to court records. On Thursday, H. Clifford Harris, president of
Updated: 09/29/2011 08:58P
Star Buffet Files For Bankruptcy Protection
Additionally, although the company is profitable and has significant equity in its real estate portfolio, it has been unable to refinance current mortgage obligations or a Wells Fargo secured credit facility due in January, 2012.
Updated: 09/29/2011 08:37P
Stirling Energy Bankruptcy Latest in Solar Industry Woes
Solar-power equipment manufacturer Stirling Energy Systems Inc. has filed for bankruptcy, adding to a wave of troubles in the solar industry amid soft demand, falling prices and difficulty raising money. Scottsdale, Ariz.
Updated: 09/29/2011 08:34P
Friendly's reportedly on the verge of bankruptcy
(FOX 25 / MyFoxBoston.com) - Beloved New England ice cream company Friendly's is on the verge of bankruptcy, according to The Boston Herald . The company, which was founded in Springfield in 1935, is reportedly preparing for a possible Chapter 11
Updated: 09/29/2011 08:34P
Star Buffet, Inc. Files for Protection Under Chapter 11 to Restructure Operations
Additionally, although the company is profitable and has significant equity in its real estate portfolio, it has been unable to refinance current mortgage obligations or a Wells Fargo secured credit facility due in January, 2012.
Updated: 09/29/2011 08:33P
Agreement reached between Arrow Trucking executive, estate
Since that time, Arrow Trucking's bankruptcy trustee Patrick J. Malloy III has been tasked with finding assets for the estate to pay those affected by the collapse. Malloy told Land Line on Thursday that a proposed settlement of $450000 has been
Updated: 09/29/2011 08:15P
Friendly's Filing for Bankruptcy: Report
Friendly's Ice Cream Corp. is reportedly filing for bankruptcy, sources told The Wall Street Journal Thursday. Sources said the Massachusetts-based restaurant chain could seek Chapter 11 protection from its creditors as soon as next week,
Updated: 09/29/2011 08:12P
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