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  1. Alitalia expected to start bankruptcy procedures

    Dailyrecordnews.com - World 04.25 / 14:10 dailyrecordnews.com
    ROME (AP) — Alitalia is expected to start bankruptcy procedures after employees rejected proposed salary cuts and layoffs cuts aimed at saving Italy's financially troubled flagship a…
  2. Alitalia expected to start bankruptcy procedures

    O.seattletimes.com - Business 04.25 / 13:52 o.seattletimes.com
    ROME (AP) — Alitalia is expected to start bankruptcy procedures after employees rejected proposed salary cuts and layoffs cuts aimed at saving Italy’s financially troubled flagship airline. The company’s board said Tuesday that “given the impossibility of recapitalization” it has decided to “begin procedures foreseen by law,” a reference to extraordinary administration. An Alitalia statement […
  3. Alitalia expected to start bankruptcy procedures

    Federalnewsradio.com - Business 04.25 / 13:23 federalnewsradio.com
    Alitalia is expected to start bankruptcy procedures after employees rejected proposed salary cuts and layoffs cuts aimed at saving Italy's financially troubled flagship airline The post Alitalia expected to start bankruptcy procedures appeared first on…
  4. US retailers filing for bankruptcy

    Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping. In a little over three months, 14 chains have announced they will seek court protection, according to an analysis by S&P Global Market Intelligence, almost surpassing all of 2016. Few retail segments have proven immune as discount shoe-sellers, outdoor goods shops, and consumer electronics retailers have all found themselves headed for reorganization.  …
  5. Big pay days for some energy executives after bankruptcy

    Fuelfix.com - Energy 04.25 / 12:13 fuelfix.com
    Six years ago, Houston oilman Floyd Wilson struck it rich with the blockbuster sale of Petrohawk Energy, making billions for investors and earning a reputation as a farseeing wildcatter. His next venture, Halcón Resources Corp., fell prey to the oil bust. The company slashed more than a third of its workforce, wrote down billions in …
  6. 10 Ways To Reduce Small Business Debt And Avoid Bankruptcy

    Moneyminiblog.com - Money 04.25 / 10:45 moneyminiblog.com
    The idea of dealing with the burden of business debt probably never occurred to you when you first started your business. The post 10 Ways To Reduce Small Business Debt And Avoid Bankruptcy appeared first on…
  7. iHeartRadio Allegedly Declares Bankruptcy

    Hypebeast.com -Fashion 04.25 / 09:04 hypebeast.com
    iHeartRadio has allegedly declared bankruptcy, according to Digital Music News. iHeartMedia, its parent company, announced in a SEC filing on Thursday that it may not survive another year in business. On Friday, a group of iHeartMedia's lenders signed a cooperation agreement to resist the company's colossal $20 billion debt restoration. In the past, the company's equity owners has tried to find ways to balance the company's debt. Thomas H. Lee Partners and Bain Capital attempted to…
  8. Emotional distress award upheld in bankruptcy case

    PittsburghPost-Business 04.25 / 04:01 post-gazette.com
    A federal appeals court has upheld $50,000 in emotional distress and punitive damages awarded to day care owners whose former landlord continued to pursue debt collection against them — and physically confront them — after they declared ban…
  9. Alitalia workers nix deal to avoid airline bankruptcy

    Dailyrecordnews.com - World 04.25 / 01:18 dailyrecordnews.com
    ROME (AP) — Alitalia employees late Monday rejected a government-brokered package of job and wage cuts that was aimed at saving Italy's flagship airline from b…
  10. Alitalia workers nix deal to avoid airline bankruptcy

    Billingsgazette.com - World 04.24 / 23:12 billingsgazette.com
    ROME (AP) — Alitalia employees late Monday rejected a government-brokered package of job and wage cuts that was aimed at saving Italy's flagship airline from b…
  11. SCOTUS rules GM can't block ignition switch lawsuits through 2009 bankruptcy

    The U.S. Supreme Court ruled Monday, April 24 that General Motors' 2009 bankruptcy does not block the automaker from facing lawsuits from its ignition switch…
  12. Retailers on Record Bankruptcy Pace: S&P

    247wallst.com - Markets 04.24 / 17:45 247wallst.com
    U.S. retail bankruptcies are on a record pace for the first three months of 2017. There were 14 bankruptcy filings, and if that pace continues, the number will easily eclipse the 42…
  13. Retailers are filing for bankruptcy at record pace

    Thestar.com - Business 04.24 / 17:32 www.thestar.com
    U.S. retailers are closing stores faster than ever in efforts to shift more business to the…