News

Over the past week, Nassau Broadcasting's assets were sold off in bankruptcy court to five different buyers. According to reports, the largest sale was of 11 Nassau stations in Pennsylvania and New Jersey to a Goldman Sachs affiliate for $37.9 million ...

A Stoneham, Mass. company that sold home products direct from manufacturers at wholesale cost, is seeking Chapter 7 bankruptcy protection, according to a filing with the U.S. Bankruptcy Court in Massachusetts. The firm, Bay State Dream Homes, which was ...

Covatto and Alfred D. Covatto, who are married and had founded Telatron. They will continue to oversee their bankruptcy case, which includes submitting a reorganization plan to Agresti by July 1. Agresti agreed with the Covattos' lawyer ...

DVS's Chapter 11 filing, which includes Matix clothing (both brands are distributed by Podium), was reported on May 17, when company executives shared the news with shop-eat-surf.com. DVS owners Tim Gavin and brothers Brian, Kevin, and Mike ...

In organized crime's case, I mean that literally, whereas with private equity, it's planned bankruptcy. But essentially you dispose of it in as convenient a way as possible, and then you walk away." Private equity isn't always this rapacious.