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CDC Corp. Files for Bankruptcy Listing $100 Million in Assets and Debt
(CHINA), a maker of business- management software, sought bankruptcy protection from creditors, sending the stock down more than 50 percent. CDC listed $377.4 million in assets and $250.2 million in debt as of June 30 in Chapter 11 documents filed
Updated: 10/05/2011 02:06P
Friendly's Files for Bankruptcy, Wrentham Location Not Among Closings
The Friendly's Ice Cream Corp. announced today that it has filed for Chapter 11 bankruptcy protection and will be closing 63 restaurants, 30 in Massachusetts. The Wrentham Village Premium Outlets location is not one of those scheduled
Updated: 10/05/2011 02:03P
Kaysville man's 'legal Ponzi scheme' under investigation
Randall had promised returns of up to 14 percent and to safeguard retirement monies with investments in real estate, auto leases or through insurance products. Ogden attorney Steven Bailey, who represents several investors, said Randall has said in
Updated: 10/05/2011 02:01P
Green VC Up, IPOs Hurting in Q3: Cleantech Group
Haji pointed to global economic uncertainty and the increasing volatility of public markets over the past three months as driving investors toward safer investments. The performance of the 14 cleantech companies (11 of them in China) that did go public
Updated: 10/05/2011 01:59P
Grand Forks' Royal Canadian Legion facing bankruptcy
In a fiscal year where everyone is feeling the tightening budget, the legion is also suffering from the threat of bankruptcy and could close its doors. “We need people in the area to know what the legion does. All the money that we raise,
Updated: 10/05/2011 01:52P
CDC Corp. (CHINA) Discloses Chapter 11 Bankruptcy Filing from Oct. 4th
On October 4, 2011, CDC Corporation (the “Company”) filed a voluntary petition under Chapter 11 of the US Bankruptcy Code with the US Bankruptcy Court for the Northern District of Georgia. The Company believes that the Chapter 11 process will
Updated: 10/05/2011 01:51P
CDC Corp. (CHINA) Discloses Chapter 11 Bankruptcy Filing on Oct. 4th
On October 4, 2011, CDC Corporation (the “Company”) filed a voluntary petition under Chapter 11 of the US Bankruptcy Code with the US Bankruptcy Court for the Northern District of Georgia. The Company believes that the Chapter 11 process will
Updated: 10/05/2011 01:41P
Nostalgia for Friendly's
The couple learned that a number of Friendly's restaurants had closed as part of the 76-year-old chain's bankruptcy proceedings. The couple was saddened to find their regular Friendly's on Main Street shuttered Wednesday morning, so they drove to the
Updated: 10/05/2011 01:39P
Owner of Chevys near Mall of America files bankruptcy
The owner of Chevys Fresh Mex restaurant near the Mall of America in Bloomington has filed for Chapter 11 bankruptcy protection and plans to sell its casual-dining eateries. California-based Real Mex Restaurants Inc. said in its filing Tuesday that it
Updated: 10/05/2011 01:38P
Several Friendly's shutting doors
(NEWSCORE) - Friendly's Restaurant, which has been operating for 76 years, officially filed for Chapter 11 bankruptcy Wednesday. This comes after several local Friendly's closed their doors Tuesday night. Tuesday, a note was posted on the door of the
Updated: 10/05/2011 01:37P