Liquidation

Tesla’s business is a mess — but it’s actually not that much different from every other car company - Business Insider

07/25/19

Tesla’s business is a mess — but it’s actually not that much different from every other car company  Business Insider

Business Insider - We don't notice how incredibly tough the car business is because the major automakers are so old and large.. Read more at ...

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Ebony magazine photo archive bought by J. Paul Getty Trust for $28.5 million through bankruptcy auction - Chicago Sun-Times

07/25/19

Ebony magazine photo archive bought by J. Paul Getty Trust for $28.5 million through bankruptcy auction  Chicago Sun-Times

The photos were auctioned off by Ebony's former parent company, Chicago-based Johnson Publishing, which filed for bankruptcy in April.

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Bankrupt Blackjewel says it has Secured a Buyer for Some of its Coal Mines - West Virginia Public Broadcasting

07/25/19

Bankrupt Blackjewel says it has Secured a Buyer for Some of its Coal Mines  West Virginia Public Broadcasting

A buyer for some of bankrupt coal company Blackjewel's mines has emerged. In a court filing Thursday, July 25, the West Virginia-based company said Contura.

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Historic EBONY and JET photo archives sold at auction for $30 million - TheGrio

07/25/19

Historic EBONY and JET photo archives sold at auction for $30 million  TheGrio

After months of looking for a buyer to resolve debt after a bankruptcy filing the photo archives of EBONY and JET magazines were sold at auction on Thursday.

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Wall Street firms, hedge funds play big role in death of retail: study - Business Insider

07/25/19

Wall Street firms, hedge funds play big role in death of retail: study  Business Insider

A study published Wednesday found 1.3 million retail workers lost their jobs in the past decade as a result of private equity firms on Wall Street.

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“A Victory for the People of Puerto Rico”: Gov. Ricardo Rosselló Resigns Following Mass Protests - Democracy Now!

07/25/19

“A Victory for the People of Puerto Rico”: Gov. Ricardo Rosselló Resigns Following Mass Protests  Democracy Now!

Celebrations were held throughout the night in Puerto Rico after Governor Ricardo Rosselló announced he would resign, following 12 days of mass protests.

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Blackjewel Proposes Selling Wyoming Mines Back to Contura - K2 Radio

07/25/19

Blackjewel Proposes Selling Wyoming Mines Back to Contura  K2 Radio

Blackjewel operates some 32 properties in total and holds over 500 mining permits, more than any other mining enterprise in the country.

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Revived Taylor Gourmet Plans to Reopen Three Hoagie Shops This Summer - Eater DC

07/25/19

Revived Taylor Gourmet Plans to Reopen Three Hoagie Shops This Summer  Eater DC

Taylor Gourmet's comeback is officially underway. The temporarily defunct local sandwich chain, which closed 17 D.C. area shops less than a year ago, ...

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San Antonio brewer goes bankrupt - San Antonio Express-News

07/25/19

San Antonio brewer goes bankrupt  San Antonio Express-News

Big Bend Brewing Co. has filed for Chapter 7, almost seven months after it suspended operations. It had been been building a $3 million production facility in ...

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3 of the 7 IBC amendments credit positive for banks: Moody's - Moneycontrol

07/25/19

3 of the 7 IBC amendments credit positive for banks: Moody's  Moneycontrol

The seven amendments to the bankruptcy law are credit-positive in general and particularly for banks as they restore the primacy of secured creditors, says a ...

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