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Friendly's Ice Cream Files for Bankruptcy
(TheStreet) -- Friendly's Ice Cream chain filed for bankruptcy on Wednesday, but will keep most of its restaurants open while closing a number of its weaker performing locations. Following in the footsteps of other casual dining chains like Sbarro,
Updated: 10/05/2011 04:20P
Friendly's Chain Files for Bankruptcy, Not a 'Happy Ending'
By IBTimes Staff Reporter | October 5, 2011 4:16 PM EDT Friendly's, a 76-year-old chain of ice cream parlor restaurant franchises known for its "Happy Ending" sundaes, has filed for chapter 11 bankruptcy, citing the spiraling economy and shift in
Updated: 10/05/2011 04:20P
Shearman & Sterling LLP | Risks for Claims Traders Who Have Access to
As demonstrated by a recent decision of the United States Bankruptcy Court for the District of Delaware in the Washington Mutual chapter 11 cases, what such investors do with the potentially inside information they gain from those negotiations,
Updated: 10/05/2011 04:11P
Friendly's not closing Valley locations
Burger and ice cream chain Friendly's filed for chapter 11 bankruptcy protection on Wednesday and annnounced the closing dozens of locations as the sluggish economy and slowing consumer spending claimed another restaurant chain.
Updated: 10/05/2011 04:01P
CORRECTION: CDC Corporation Files for Chapter 11 Reorganization
By FNNO Staff in News corner, cdcs, cdc software At 1:06 PM EST, CDC Corporation, trading was halted, on news that the software company has filed for Chapter 11 Bankruptcy Protection. Trading has since resumed and shares are currently trading down
Updated: 10/05/2011 03:59P
Restaurants Find Big Debt Loads Tough to Swallow
Those moves highlight how leveraged acquisitions over the past few years may have left many restaurant chains ill-prepared to attract cash-strapped consumers looking to maximize the value of their food dollars. Sun Capital bought Real Mex in 2006 and
Updated: 10/05/2011 03:48P
Hoboken University Medical Center could close today unless agreement is
By Jarrett Renshaw/Statehouse Bureau HOBOKEN — The Hoboken University Medical Center has made its final settlement offer to creditors in the bankruptcy case, and if it's not accepted by late afternoon, the hospital will take immediate steps to close,
Updated: 10/05/2011 03:46P
Kodak's Meteoric Rise And Fall
The 131-year-old company that turned picture-taking into a hobby for the masses and became singularly synonymous with capturing memories has tried to bat down sudden talk of bankruptcy. But concern about its grim prospects has hit fever pitch after it
Updated: 10/05/2011 03:45P
*New bankruptcy filing clouds Manville plant redevelopment
HARRISONBURG -- A Luray man trying to save the former Johns Manville plant from the auction block has filed for Chapter 13 bankruptcy in federal court. Kevin Edward Moyer filed the petition on Aug.
Updated: 10/05/2011 03:42P
NJMP Emerges from Bankruptcy
New Jersey Motorsports Park, which hosts AMA Pro Racing, recently officially emerged from Chapter 11 bankruptcy protection, just a few months after announcing its reorganization plan. The NJMP plan moved quickly from the start, which included a formal
Updated: 10/05/2011 03:42P
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