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Filene's Basement owner files for bankruptcy protection
Syms Corp. and its Filene's Basement affiliate filed an application for Chapter 11 bankruptcy protection, Wednesday morning, the company announced. Going-out-of-business sales are set to start on Black Friday, the day after Thanksgiving and the
Updated: 11/02/2011 12:40P
Syms and Filene's Basement seek bankruptcy protection, will close their stores
SECAUCUS, NJ (AP) — Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations. In Westchester, Syms and Filene's Basement have a combined store at 295
Updated: 11/02/2011 12:35P
Senators offer plan to keep Postal Service solvent
WASHINGTON (AP) — Senators announced a bipartisan plan Wednesday to help keep the financially ailing Postal Service solvent and continue six-day mail delivery for at least two more years. The proposal would lift the agency "from the brink of bankruptcy
Updated: 11/02/2011 12:34P
Filene's Basement Going Out of Business
Discount clothing retailer Syms Corp., which owns Filene's Basement, filed for bankruptcy this morning. Both chains are expected to be completely closed by the end of January. “This has been a challenging time for Syms and Filene`s Basement.
Updated: 11/02/2011 12:30P
Filene's Basement owner files for bankruptcy
(Nasdaq: SYMS) today filed for bankruptcy liquidation under Chapter 11 of the US Bankruptcy Code in Delaware, according to a news release on the company's website. Syms said the schedule for store closings is not yet set but will continue through
Updated: 11/02/2011 12:30P
News Corp.'s Fox Sports Said to Consider Bidding for Dodgers
The Dodgers said today that McCourt will sell the team as part of a deal to end a court fight with Major League Baseball over how best to get the club out of bankruptcy. The proposed auction must be approved by the federal judge in Wilmington,
Updated: 11/02/2011 12:30P
Barbeau: Sale of Los Angeles Dodgers will not affect Loons
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. The Dodgers and the Midland-based Loons have been partners since the
Updated: 11/02/2011 12:27P
Third Bankruptcy Filing No Charm for Filene's
BOSTON (TheStreet) -- The third time isn't a charm and likely spells the end for Filene's Basement, which on Wednesday filed for bankruptcy for the third time. Syms(SYMS), which owns Filene's, the discount
Updated: 11/02/2011 12:26P
Pennsylvania Interviewing Candidates for Harrisburg Receiver
25, according to the law. Meanwhile, on Nov. 23, a federal judge will consider the validity of the bankruptcy filing, which the state and mayor have opposed. Roberts said the bankruptcy court plays no role in the receivership process.
Updated: 11/02/2011 12:25P
Syms Corp files for Chapter 11 protection
Syms Corp and its Filene's Basement subsidiary have filed for Chapter 11 bankruptcy protection today (2 November). The discount retailer cited increased competition, fewer overruns by brands combined with the economic downturn for the reasons leading
Updated: 11/02/2011 12:24P
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