When it comes to the 2021 NBA Draft, this is perhaps the farthest thing on the minds of any Milwaukee Bucks fan. After all, the Bucks are at the heart of an interesting playoff race brewing across the East and it’s certainly a defining week that will impact the seeds …
Read More »Rainbow Play Systems of Central Wisconsin to Host Ribbon Cutting and Open House
RIB MOUNTAIN – Rainbow Play Systems of Central Wisconsin LLC will hold a ribbon cutting ceremony at 4 p.m. on Wednesday, May 12 to celebrate the opening of the new business at 152303 Starling Lane. Following the ribbon cutting, the public is invited to an open house which will be …
Read More »Wisconsin’s largest business group wants to end extra unemployment | state
(The Center Square) – Someone on unemployment in Wisconsin can, for now, earn nearly $ 35,000 a year without lifting a finger. The state’s largest business group says no one in Wisconsin can afford it. Wisconsin manufacturers and commerce on Tuesday called on Governor Tony Evers to end the federal …
Read More »Milwaukee Summer School, a learning gap to fill in the classroom
Milwaukee Summer School, a unique classroom learning gap Summer school can be a drag for some students, but some Milwaukee charter schools are planning to make it fun and unique. MILWAUKEE – Summer school can be a drag for some students, but some charter schools in Milwaukee are planning to …
Read More »Wisconsin is experiencing a boom in the residential solar market
MILWAUKEE – When Sun Badger Solar launched in 2018, they had four employees and co-founder Trevor Sumner could tell you where each of their solar panel installations was located. The company now looks very different. What would you like to know Residential solar panels have fallen in cost and efficiency …
Read More »9 Beer Brewing Events in Milwaukee This Week: May 11-15
Tuesday May 11 Lakefront Brewery organizes its monthly Cyber ââsipping event on Wednesdays via Zoom at 7 p.m. But if you want to participate, you must pick up your beer and food kit between 4 p.m. and 9 p.m. on Tuesday. Wednesday May 12 Sprecher Brewing launches its traveling beer …
Read More »Fabulous Historic Condo in the Third Quarter »Urban Milwaukee
MKE List Features hardwood floors, beamed ceilings, cream town brick, stainless steel appliances and granite countertops May 11, 2021 3:10 P.M. 205 N. Water St., # 406. Photo courtesy of Corley Real Estate. Live in the heart of the Third Quarter in this one bedroom, two bathroom unit at Riverwalk …
Read More »NFIB: 44% of Wisconsin Small Businesses Have Vacancies, Can’t Find Workers | Wisconsin
(The Center Square) – The latest look at Wisconsin’s small businesses shows nearly half of them are struggling. A new report from the National Federation of Independent Businesses says 44% of small businesses in the state have vacancies they cannot fill. âThe labor shortage continues to challenge small businesses as …
Read More »Wisconsin Motor Carriers Association names 2020 Driver of the Year
[Stay on top of transportation news: Get TTNews in your inbox.] The Wisconsin Motor Carriers Association announced last month that Alyn Jones has been selected as its 2020 Driver of the Year. Jones, a Martin-Brower Co. driver, has driven professionally for 44 years and has traveled 4.3 million miles without …
Read More »Districts in Southern Wisconsin Prepare to Host School-Wide Clinics to Easily Vaccinate Students
May 11, 2021 3:00 p.m. Christina lorey Posted: May 11, 2021 3:00 p.m. Update: May 11, 2021 6:42 p.m. LODI, Wisconsin. – With the coronavirus vaccine now available to all high school students, districts in southern Wisconsin expect they will be busy this summer … not in class, but in …
Read More »Milwaukee Bucks and Milwaukee Brewers to Increase Fan Capacity to 50%
Slowly but surely the fans are coming back. Minutes apart on Tuesday, the Milwaukee Brewers and Milwaukee Bucks announced they would extend their attendance limits to 50% of their venue capacity. The increase will begin Saturday at American Family Field for the Brewers’ game against Atlanta and for the NBA …
Read More »The Milwaukee Art Museum will continue to reopen indoors and offer new programming outdoors this summer
the Milwaukee Art Museum plans to continue its gradual reopening inside the establishment this summer as it opens its grounds for new outdoor programming. MAM closed in March 2020 due to COVID-19, reopened to visitors in July 2020 and was forced to close again in November as cases increased. It …
Read More »Nevada finalist for transfer from Milwaukee Te’Jon Lucas, who started his career in Illinois
Nevada basketball is a finalist for transfer from Milwaukee, Te’Jon Lucas, who started his career in Illinois. Lucas is a 6-foot-2, 180-pound guard who played two seasons at his two previous colleges. Last year, Lucas averaged 14.9 points, 5.8 assists, 4.6 rebounds and 1.1 steals per game on 39.2% of …
Read More »New restaurant planned for the former Original Pancake House location on Downer
The original old creperie at 2621 N. Downer Ave. Photo by Google A new full-service restaurant is planning to take over the old Original Pancake House space on the east side of Milwaukee. Canela Café is targeting an opening July 1 at 2621 N. Downer Ave. It will serve breakfast …
Read More »Milwaukee Craft Beverage Warehouse to Expand
MILWAUKEE, WI – Craft Beverage Warehouse LLC will expand its presence at Century City Business Park to continue distributing craft beverage packaging products, according to a press release. The company will now occupy 9,000 square feet in the Century City 1 building. CBW currently employs three people, but some new …
Read More »Century City built on land on the north side of Milwaukee
A long underused building at Century City Business Park on the north side of Milwaukee has landed another growing business. Craft Beverage Warehouse LLC, a Milwaukee-based packaging materials distributor for making craft beverages, has signed a long-term lease for approximately 9,000 square feet in the Century City 1 building, 3945 …
Read More »Suds Your Duds and 10 other suggestive Milwaukee trade names
What’s in a name? For many businesses, its name helps tell potential customers what they’re doing. A name can help prepare customers for the kind of atmosphere or level of quality they expect. Sometimes they’re just jokes, funny word games, or names that characteristics of spelling errors. And of course, …
Read More »A first glimpse of Tied House’s new “Elements of Nature” patio
Something exhilaratingly beautiful is in bloom in Third Ward’s new âElements of Natureâ patio concept: Tied House. The new pop-up patio opened to the public last weekend and operates throughout the summer, providing a refreshing tropical escape amid the concrete jungle. X The revamped patio concept is the latest change …
Read More »Milwaukee Film Festival: UW Graduate Marquise Mays Shows ‘The Heartland’ Belongs To Black Children Too | Rob thomas
Some of their childhood memories are universal, of summer days playing in the streets or on the basketball court. Others are more specific, such as street game âboxesâ, where players try to bounce a basketball off a smashed box on the sidewalk. I also learned the regional slang term âAbout …
Read More »Did they waste their run for the second seed?
The Milwaukee Bucks kicked off their frenzied final week of their 2020-21 regular season with a speed bump. Being beaten by the San Antonio Spurs in a 146-125 loss on Monday night not only ended their five-game winning streak, but it resulted in their worst defensive performance this season. By …
Read More »All-Star double right-hander Jordan Zimmermann retires
MILWAUKEE (AP) – Milwaukee Brewers pitcher Jordan Zimmermann retired twice on Tuesday for his 13th major league season, ending a career in which the double All-Star pitched the first player scoreless Washington Nationals. Zimmermann went 95-91 with a 4.07 ERA. He was an NL All-Star in 2013 and ’14 with …
Read More »Orlando Magic at Milwaukee Bucks: Game Overview
ORLANDO – The Orlando Magic begin their final trip of the season as they close their 2020-21 campaign with four straight road games. The Magic’s first stop (21-47) will be in Milwaukee as they face Central Division champion Bucks (43-25) at 9 p.m. ET on Tuesday. The game will mark …
Read More »Suspected suspect, Washington County drone used to locate Milwaukee man
Washington County drone used to locate and arrest suspect A 34-year-old Milwaukee man faces multiple charges in Washington County following an incident that began in the town of Polk on Sunday, May 9. CITY OF POLK, WIS. – A 34-year-old Milwaukee man faces multiple charges in Washington County following an …
Read More »Milwaukee Nineteenth Day Festival and Parade returns for 50th anniversary
MILWAUKEE – On the occasion of its 50 yearse Anniversary, Milwaukee Nineteenth Day Parade and Celebration will take place on Saturday, June 19.e and Atkinson and will travel to Burleigh and Dr. Martin Luther King Jr. Drive. The parade on June 19, 2021 will be broadcast live on TMJ4 from …
Read More »Take a look at the new Blackwood Brothers Restaurant & Social Club in Bay View
Blackwood Brothers Restaurant and Social Club officially opened at 3001 S. Kinnickinnic Ave. at Bay View. Behind the concept hides service industry veteran Sherrilyn Law, whose vision of a cozy neighborhood restaurant came to fruition in a space that evokes the warmth of a rustic living space with its warm …
Read More »Construction begins on The Couture, Milwaukee’s newest skyscraper
MILWAUKEE (CBS 58) – A new skyscraper and staging area will soon be near the edge of Lake Milwaukee. After nine years, construction began on “La Couture” on Tuesday May 11, directly across from the Summerfest grounds. It will take about three years before all the skyscrapers are completed. One …
Read More »Honey Berry Café brunch restaurant is planned for Greenfield
A recently opened breakfast and brunch restaurant in Brookfield now has its sights set on Greenfield. Honey Berry Pancakes and Café is offered for the former Bakers Square site at 4900 S. 76th St. Honey Berry is a growing chain based in Illinois and Wisconsin. Its first location in Wisconsin …
Read More »Jrue Holiday warms up the last stretch
Although there was seldom any doubt, Jrue Holidays has proven to be a perfect fit with the Milwaukee Bucks throughout this season. The guard brought another element of star power to the backcourt to better complement the Milwaukee tandem of Giannis Antetokounmpo and Khris Middleton. Giving the team a vital …
Read More »McDonald’s workers to hit 15 cities on May 19
Photo: iStock. The fight for a battle for the $ 15 minimum wage will escalate on May 19, when McDonald’s cashiers and cooks in 15 U.S. cities strike ahead of the annual QSR brand shareholders meeting, according to Vice. The aim of the action in favor of employment is precisely …
Read More »NBA Summary: Wizards’ Russell Westbrook Breaks Oscar Robertson Triple-Double Record; favorites fall on the road
The 2020-21 NBA regular season is less than a week from the end, but you wouldn’t know it from looking at the standings. Apart from the Philadelphia 76ers at No. 1 in the Eastern Conference, all the other seeds are in serious jeopardy. So, with the jockey in full swing …
Read More »Milwaukee’s Asian Restaurant Week 1 is May 16-22
Milwaukee will host its first Asian Food Week in May, during what has been a difficult year for restaurants. The week is May 16-22. ElevAsian, a group from Milwaukee, is promoting the week to encourage diners to try restaurants owned by Asian Americans and Pacific Islanders. The name of the …
Read More »ABN AMRO Private Banking Selects TransPerfect to Facilitate Launch of Three Localized Websites
NEW YORK and AMSTERDAM, May 11, 2021 / PRNewswire / – TransPerfect, the world’s largest provider of language and technology solutions for global businesses, today announced the launch of three websites with an aligned content approach for ABN AMRO Private Banking. Situated at the Netherlands, ABN AMRO Private Banking serves …
Read More »The “Grande Dame” of Washington Avenue | Business
CEDARBURG – Washington House Inn innkeeper Wendy Porterfield knows a thing or two about the elegant, historic Cedarburg hotel, built in 1846 by German immigrant Conrad Horneffer – two years before the state of Wisconsin was established. After all, she’s been running the inn for 37 years. Porterfield noted that …
Read More »The Milwaukee judge is also a food influencer, touting restaurants
In his courtroom, Judge Derek Mosley maintains impartiality. But after hitting the hammer and saying âcourt adjourned,â Mosley freely shares his opinions on his favorite subject: food. This Milwaukee municipal judge has become an influencer in his own right, but Mosley is not there for everyone’s taste; its mission is …
Read More »City Works and Old Town Pour House honor American Craft Beer Week
Beer, ale, ale There is still time to celebrate American Craft Beer Week. And there’s still time to participate in some of the Beer Week deals at City Works and Old Town Pour House stores. Until Sunday, May 16, Bottlenectar beer is $ 2 off, or try the Backyard Special …
Read More »Antetokounmpo leads Milwaukee in game against Orlando | Sports
Orlando Magic (21-47, 13th in Eastern Conference) vs Milwaukee Bucks (43-25, third in Eastern Conference) Milwaukee; Tuesday, 9 p.m. EDT BOTTOM: Giannis Antetokounmpo leads Milwaukee in a clash with Orlando. He is fifth in the league with 28.2 points per game. The Bucks went 27-11 against Eastern Conference teams. Milwaukee …
Read More »This Esquire article called Milwaukee “ surprisingly awesome ”
You may have spotted a small article from Squire who toured the premises: “5 insanely awesome national cities to fuel your travel urge.âMilwaukee is on that list, and more on what they have to say about us later. First of all, something needs to be reported. Sponsored content of this …
Read More »10 things to know about this fast growing burger chain
For all Floridians concerned, their burgers just don’t have enough butter, you’re in luck. Culver is spreading rapidly across the state. The Wisconsin-based chain – known nationally for its ButterBurgers, frozen crème fraîche and cheese curds – is the Midwest’s answer to other cult, regional chains, such as White Castle …
Read More »Dispute over maps leads to gun and Milwaukee area target lockdown
Shoppers going about their business at a suburban Milwaukee Target store on Friday morning found themselves in the midst of the latest horrific incident in the sports card hobby. A dispute between five men over the weekly distribution of retail boxes, many of which were returned for profit, erupted into …
Read More »Milwaukee faces San Antonio on 5-game winning streak | Sports
Milwaukee Bucks (43-24, third in Eastern Conference) vs San Antonio Spurs (32-35, 10th in Western Conference) San Antonio; Monday, 8:30 p.m. EDT BOTTOM: Milwaukee is looking to extend their five-game winning streak with a win over San Antonio. Spurs are 13-20 in home games. San Antonio is ninth in the …
Read More »Jim Paschke and other voices who are Wisconsin broadcasting royalty
Jim Paschke, play-by-play television presenter said Tuesday that his 35th season calling the Milwaukee Bucks would be his last, ending a decorated career. He is one of the many famous broadcasting voices who brought Wisconsin sports to life, many of which will live on as state sports royalty forever. Consider …
Read More »Latest: Milwaukee Brewers Achieve 85% Vaccination Rate | Sports
The latest on the effects of the coronavirus epidemic on sports around the world: The Milwaukee Brewers have joined the list of Major League Baseball teams to have at least 85% of Level 1 players, coaches and employees vaccinated. MLB announced ahead of the season that it would relax pandemic-related …
Read More »Dollars bring it to Nets, and they’re in store for more
Don’t forget the Milwaukee Bucks. Giannis Antetokounmpo recorded another monster outing against Kevin Durant in Tuesday’s 124-118 win over the Brooklyn Nets. The two-time defending MVP Bucks (41-24) drew in a loss to the Nets (43-23) and clinched the tiebreaker, bolstering the image of the Conference playoffs. Is two weeks …
Read More »Bucks TV broadcaster Jim Paschke to retire after this season
“In the air … Yount, made a nice catch and Juan Nieves launched the first scorer in Milwaukee Brewer’s history! “ They are the words by Jim Paschke, who has been part of the Milwaukee sports fabric for more than four decades. On April 15, 1987, he was in his …
Read More »Riverside 3 sports athlete ‘can’t live without’ competition
High School Hot Shot: Sylvester Williams, Jr. of Riverside Sylvester Walker Jr. doesn’t have a lot of free time with three sports, a job, and homework to do. The Riverside University High School Senior makes it seem like it’s so easy and that’s why he’s a FOX6 High School Hot …
Read More »Milwaukee board accepts deal with former Bucks player | National sports
MILWAUKEE (AP) – The Milwaukee Common Council on Tuesday approved a $ 750,000 settlement in a lawsuit brought by former Bucks player Sterling Brown following his 2018 arrest in which he was taken to the ground and shocked with a Taser. The incident began when Brown was approached by police …
Read More »Chipper Jones and TJ Watt join Milwaukee High School Sports Awards
Baseball Hall of Famer Chipper Jones, three-time Pro Bowler and two-time First Team All-Pro outside linebacker TJ Watt, American women’s gymnastics gold and silver medalist Laurie Hernandez and three-time MVP, world champion and co-founder of the Premier Lacrosse League Paul Rabil joins the growing list of top athletes participating in …
Read More »Woodruff set to start as Milwaukee hosts Los Angeles
Los Angeles Dodgers (16-11, second in NL West) vs Milwaukee Brewers (16-10, first in NL Central) Milwaukee; Saturday, 7:10 p.m. EDT LIKELY TO PIT: Dodgers: Dustin May (1-1, 2.53 ERA, 0.94 WHIP, 32 strikeouts) Brewers: Brandon Woodruff (2-0, 1.55 ERA, 0.72 WHIP, 34 strikeouts at stick) LINE: Brewers +107, Dodgers …
Read More »Chapter 11 U.S. Shale Slab Bankruptcy Statistics Not the Best Barometer to Assess the Future of the Industry
Forbes The latest cyclical downturn in the oil and gas industry, triggered by the global Covid-19 pandemic in March, has once again prompted close scrutiny of the US shale industry. At some point, before the turn of events, shale was seen to give American hydrocarbon production a position of superiority …
Read More »Intelsat unveils plan to end bankruptcy
Satellite service provider Intelsat has asked a judge to approve a financial restructuring proposal that would see it cut its debt by more than half and emerge from bankruptcy in the second half of the year. Under the plan, Intelsat will satisfy certain creditors’ claims by issuing new shares, with …
Read More »The health district sells the hospital | New
The long and byzantine fight over the Sebastopol hospital ended this week when the Palm Drive Health Care District sold the west county’s only hospital to the American Advanced Management Group (AAMG) and Sonoma Specialty Hospital. (SSH) for $2 million in cash. Escrow is scheduled to close on Wednesday, December …
Read More »EnergyNet, the Oilfield EBay, Is Ready to Profit
From 2016, Chris Atherton, right, with EnergyNet co-founder Bill Britain, at an oilfield in Texas. Justin Clemons, for Forbes. 2016. The deals have dried up, but “the wave is coming.” Even if he hadn’t been paying attention to the Covid-19 news or watching the price of oil ($13.24/barrel today), Chris …
Read More »Retailers to watch for when filing for bankruptcy in 2020
Related practices and jurisdictions Wednesday, January 8, 2020 Chapter 11 bankruptcy filings by retail businesses and restaurants continued to make headlines in 2019. According to CNBCthere were 23 retail bankruptcies in 2019, compared to 17 in 2018. Six (6) retailers and one (1) restaurant chain that were on our “Watchlist” …
Read More »Changes to Federal Bankruptcy Law May Help Small Businesses
Changes to federal bankruptcy law will make it easier and cheaper for small businesses and family farmers to restructure or deleverage. COVID-19 continues to shake the global economy. New figures from the US Department of Commerce show gross domestic product fell 9.5% in the second quarter of the year. By …
Read More »With debt deal on ice, PREPA transformation moves forward
Although the Puerto Rico Electric Power Authority’s bankruptcy process has been largely frozen for 18 months, the transformation of the authority’s operations is progressing and is expected to continue over the coming year. While debt restructuring is on hold, PREPA is exploring public-private partnerships for power generation, seeking to use …
Read More »US bankruptcy court approves sale of JC Penney
NEW YORK — JC Penney is set to emerge from bankruptcy by Thanksgiving, after a US bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest owners and major lenders. The U.S. Bankruptcy Court for the Southern District of Texas has approved a purchase agreement, announced …
Read More »California Pizza Kitchen files for bankruptcy
On July 30, California Pizza Kitchen (CPK) announced that it had filed for Chapter 11 bankruptcy to restructure the majority of the restaurant chain’s long-term debt. Like so many others Restaurants and retail stores, CPK has taken a hit during the coronavirus pandemic. But so far, the fast-casual restaurant chain …
Read More »3 most important things you need to know
When bankruptcy is the only option iStock Recently, several B2B companies have filed for Chapter 11 bankruptcy protection, including: FTK Worldwide Manufacturing (a jewelry wholesaler), Niche Marketing Group (distributor), and Contract Transport, LLC (freight forwarding and trucking). , to name a few. You’ve probably seen even brighter stories from B2C …
Read More »GNC files for Chapter 11 bankruptcy, plans to close up to 1,200 stores
Pittsburgh— Global health and wellness company GNC Holdings Inc. (NYSE: GNC) has filed for Chapter 11 bankruptcy. GNC and all of its subsidiaries will remain open for business during the process. Pittsburgh-based GNC plans to use the bankruptcy process “to improve its balance sheet and capital structure while continuing to …
Read More »Lionel Messi: Barcelona threaten legal action over leaked contract
What do the leaked documents show? According to El Mundo, Messi could receive €555,237,619 (£491,732,285) over four seasons, if a series of conditions are met, while receiving a base salary of around €72m (£63.76m). £) per year. The newspaper claims that the contract signed by Messi was highly incentive. Messi …
Read More »Clinton Portis nearly murdered his financial adviser after losing most of his $43 million NFL fortune
Clinton Portis should have been financially fixed for life after playing nine seasons in the NFL. the old Washington Redskins the running back has earned over $43 million during his successful career. However, a series of bad investments and trusting the wrong people nearly cost Portis his entire NFL fortune. …
Read More »Belk will file for Chapter 11 bankruptcy but plans to stay open
CHARLOTTE, NC (FOX 46 CHARLOTTE) — Belk, a Charlotte-based retail chain, will file for Chapter 11 bankruptcy, according to its majority owner, Sycamore Partners. Belk will continue to operate as normal under the majority control of Sycamore Partners, a private equity firm, with holders of more than 75% of its …
Read More »SDNY Ruing Student Loan Released in Bankruptcy
Tuesday, January 28, 2020 A decision issued this month by the Manhattan Bankruptcy Court (SDNY) could have a significant impact on the market for student loan securitizations. Student loan asset-backed securities (SLABS) are unsecured, but market participants generally assume that the underlying student loans are not dischargeable in the event …
Read More »Managing Landlords’ Exposure to Bankruptcy in the Event of Early Lease Termination During COVID-19 | Pillsbury Winthrop Shaw Pittman LLP
Although frustrating for landlords to learn, several courts hold that a lease termination agreement is a transfer by the tenant to the landlord of the tenant’s interest in the real estate, and at least some courts hold that the termination unilateral act of a lease by a landlord constitutes a …
Read More »Neiman Marcus eyes Sunday bankruptcy filing and $600 million emergency funding
A view of Neiman Marcus in The Shops at the Hudson Yards during the coronavirus pandemic on April 22, 2020 in New York City. Noam Galai | Getty Images Neiman Marcus could file for bankruptcy as soon as Sunday and is in talks with its current lenders to raise about …
Read More »Teaching assistant in Greeley-Evans district charged with child sexual assault
Post : December 20, 2016 / 8:04 PM MST Update: December 20, 2016 / 8:09 p.m. MST This is an archived article and the information in the article may be out of date. Please look at the timestamp on the story to see when it was last updated. WELD COUNTY, …
Read More »Bishop’s letter cites impact of pandemic and payments to victims of sexual abuse
CAMDEN – The Diocese of Camden has filed for creditor protection due to the combined impact of clergy sex abuse claims and the COVID-19 pandemic. “I have had to make many decisions since I was your bishop, but few have been so regarded as this,” Bishop Dennis Sullivan said in …
Read More »Forget the trade war. China already in crisis with failing companies and gutted banks
Once again, global investors are turning their worried eyes to China. And for good reason. Economic growth in the third quarter fell to 6.5%, the slowest pace since the depths of the global financial crisis in 2009. Car purchases fell last year for the first time in more …
Read More »Nclt approves Jsw Steel’s acquisition of bankrupt Ispat Asian Color Coated
Mumbai: The Mumbai bench of the National Company Law Tribunal (NCLT) has given the green signal to JSW Steel to acquire the bankrupt steel company Asian Color Coated Ispat, more than a year after the approved lenders the resolution plan. JSW Steel has offered over ₹1550 crores for the 1 …
Read More »Artists bring child labor to the streets of New York
(Thomson Reuters Foundation) – Children’s faces appear locked in the jaws of a sinister factory robot or peering warily behind New York’s landmarks in an interactive street art campaign launched this week to raise awareness of the child trafficking and child labor. Nine striking pieces commissioned by Street Art for …
Read More »Deal or No Deal, Chesapeake Energy is dead on arrival
If there’s a company more deserving of being pulled out of its misery than Chesapeake Energy (NYSE:CHK), I would like to know. CHK stock is now trading below $1, its lowest level since February 1999. Source: Casimiro PT / Shutterstock.com On December 4, Chesapeake was thrown a lifeline getting a …
Read More »Debt collectors use Idaho courts to threaten arrest and jail
The American Civil Liberties Union says Idaho is among 26 states where it’s legal for a debt collection agency to have someone arrested as a result of a debt. Catherine Jones Idaho Statesman File According to a new report from the American Civil Liberties Union. The ACLU has reviewed more …
Read More »COVID-19 UK Insolvency – Voluntary Arrangement Proposals
Tuesday, November 3, 2020 Summary R3 Association of Business Recovery Professionals (R3), a trade association for the insolvency and restructuring industry in the UK, has launched a proposed standard form (Standard Form) for Company Voluntary Agreements (CVAs) . A CVA is a contractual agreement between a business in financial difficulty …
Read More »Corporate Restructuring and Reorganization – Practices
The Corporate Restructuring and Reorganization practice group advises companies in financial difficulty, their creditors and investors, as well as parties interested in acquiring assets from companies in difficulty. We also support hedge funds, private equity firms and financial institutions investing in distressed debt and/or equity through the restructuring and bankruptcy …
Read More »Heckler & Koch – maker of the Marine Corps M27 – is in dire straits
For decades, German arms giant Heckler & Koch has served as the gold standard for military and civilian weapons manufacturing – building revolutionary rifles, machine guns, grenade launchers, submachine guns and pistols. and often game-changing for a variety of customers, including special operations forces. , conventional infantry units and law …
Read More »Mall REIT Washington Prime Group prepares for bankruptcy
Louis Conforti, CEO of Washington Prime Group (Twitter, iStock) A large shopping center owner prepares for bankruptcy after failing to pay interest on his debt. Washington Prime Group, a real estate investment trust that owns more than 100 shopping centers, has negotiated with its lender to reduce its debt – …
Read More »Bankruptcy Pro Briefing: Superior Energy Records for Bankruptcy; JC Penney Completes Sale and Aligns Wells Fargo Loans; SBA opposes PPP beneficiary plan
Have a good day. Superior energy became the latest oil and gas drilling services company to file for Chapter 11, while JC Penney said it was emerging from bankruptcy and had reached an agreement to sell its business to shopping center owners. The Small Business Administration challenged Astria Health’s restructuring …
Read More »Hertz set to emerge from bankruptcy with $4.2 billion worth of investment firms
Hertz set to emerge from bankruptcy with $4.2 billion worth of investment firms /node/1818446/business-economy Updated on March 02, 2021 March 02, 2021 15:43 Hertz set to emerge from bankruptcy with $4.2 billion worth of investment firms Hertz filed for bankruptcy in May after its business was decimated by the COVID-19 …
Read More »Rubio emerges from bankruptcy | Fast casual
December 23, 2020 Rubio’s Coastal Grill will emerge from Chapter 11 within a year with debt reduced by more than $35 million, now that the US Bankruptcy Court for the District of Delaware has upheld the California-based chain’s restructuring plan “We said from the outset that this would be a …
Read More »No insolvency tsunami in sight – Insolvency/Bankruptcy/Restructuring
Australia: No insolvency tsunami in sight March 03, 2021 Worrells Solvency and Forensic Accountants To print this article, all you need to do is be registered or log in to Mondaq.com. MORE MODEST GROWTH IN INSOLVENCY APPOINTMENTS EXPECTED. Since our last review of the insolvency …
Read More »GameStop, Tesla, Apple, AMC – Pre-Market Movers Monday
Stock futures were mixed Monday as hopes remained high that the Biden White House will deliver another round of stimulus to stimulate the economy. Here are some of the top movers when trading ahead of Monday’s market. 1. GameStop GME | Up 43.05% GameStop Actions (EMG) – Get the Class …
Read More »Neiman Marcus May Shutter Key Manhattan Store
How the mighty fell – in hard times. Neiman Marcus would have may leave its fashionable year-long dig at New York’s Hudson Yards stores as its landlord buys it from potential tenants as office space. Related companies and Oxford Properties, developers of the upscale mega-mall on Manhattan’s west side, would …
Read More »Mere Withholding of Estate Assets Does Not Violate Automatic Stay | Smith Debnam Narron Drake Saintsing & Myers, LLP
The U.S. Supreme Court has resolved a split in the circuits over whether an entity that passively retains possession of property in which a bankruptcy estate has an interest has an affirmative duty under the Code’s automatic stay. of bankruptcy, 11 USC § 362, to return such property to the …
Read More »Sheriff’s Court of Appeal rules ‘debt’ does not include interest in bankruptcy provision
A call by Her Majesty’s Revenue and Customs against a decision to revoke a receiver under the Bankruptcy (Scotland) Act 1985 was refused to the civil chamber of the Sheriff’s Court of Appeals. In the appeal against the sheriff’s decision on the application of the Bankrupt accountant in the receivership …
Read More »Facing the bankruptcy of a cooperative
The last thing people who live in co-ops want to hear when they shareholders’ meeting is that their cooperative risks default. But for many people, it is a reality. Every year, cooperatives go bankrupt and leave their “owners” out in the cold. What is a cooperative? Co-ops are housing arrangements …
Read More »190-year-old department store chain joins list of retailers filing for bankruptcy
Belk, the North Carolina-based department store chain that has served generations of shoppers for nearly 190 years, announced Tuesday that it will file for Chapter 11 bankruptcy. The channel’s owner, private equity firm Sycamore Partners, said Belk will continue with “normal operations” in the event of bankruptcy, The Charlotte Observer …
Read More »Evictions and bankruptcies remained stable in 2020 in RI. What awaits us?
PROVIDENCE – In a few days, 2020 will end as a year full of uncertainty for many Rhode Islanders. But housing advocates and others fear more uncertainty lies ahead and urge the state to seize the opportunity to address housing, public health and economic inequalities exacerbated by the pandemic. The …
Read More »Liz Weston: Start thinking about bankruptcy now, not later
If you’ve lost your job or are struggling to pay your debt, you may need to file for bankruptcy. If so, you should ignore some common financial advice and start thinking defensively. The coronavirus pandemic that has upended the economy is also expected to send unprecedented numbers of people and …
Read More »Edgewell to sell infant and pet care business to Angelcare
SHELTON, Conn. and MONTREAL, October 21, 2019 /PRNewswire/ — Edgewell Personal Care Company (NYSE:EPC) today announced that it has entered into a definitive agreement to sell its Infant and Pet Care business to Le Holding Angelcare Inc. (“Angelcare”) for $122.5 million. Under the terms of the agreement, Angelcare Group will …
Read More »Coal Company Blackjewel’s Exit From Bankruptcy Delayed, Hearing Continued Into New Year | energy diary
The bankruptcy case involving coal company Blackjewel will stretch into the new year, after a blocked federal judge a request from former CEO and coal magnate Jeff Hoops to liquidate the company this month. This means the case will proceed as a Chapter 11 reorganization case, but an exit plan …
Read More »Video shows missile fired where Turkey cleared way for S-400 test, prompting US warning
ISTANBUL/WASHINGTON (Reuters) – A missile was fired into the sky on Friday over Turkey’s Black Sea coast where the military was due to test its Russian-made S-400 defense systems, according to local video obtained by Reuters, firing a strong warning from the United States. The video, taken in the coastal …
Read More »Expert says dashcam video shows road rage, not distracted driving
This is an archived article and the information in the article may be out of date. Please look at the timestamp on the story to see when it was last updated. DENVER — Driver Ron Olds’ dashcam picked up something very interesting and dangerous on Interstate 25 in Denver on …
Read More »Art Van’s closure shocks customers and city leaders
Warren – Art Van Furniture, a metro Detroit institution and one of the largest furniture retailers in the Midwest, will close all of its company-owned stores and liquidate inventory after battling changing shopping habits. furniture and a heavy debt following its acquisition by a private investment company three years ago. …
Read More »On ‘The Ascension,’ Sufjan Stevens lets modern confusion get the better of him
More and more it looks like Sufjan Stevens hit a wall after recording his magnum opus, 2005 Illinois. The sprawling, dense, extraordinarily composed and arranged album was – and still is – one of modern music’s greatest achievements. The indie pop masterpiece is an hour-long dive into the eponymous state, …
Read More »Why bankruptcy has become a rite of passage for many American seniors
There’s no reason why, in the richest country in the world, so many older people have such a chance of making ends meet. But alarming news research shows that Americans 65 and older — when they should be enjoying their golden years in peace — are filing for bankruptcy at …
Read More »Beware of bankrupt stocks – CNN
Hertz and JCPenney are two of the most prominent publicly traded companies to have file for chapter 11 protection since the Covid-19 pandemic hit the United States. They have lots of company. But investors should reconsider whether they think now might be a good time to bargain hunt with shares …
Read More »American Tire to Eye $1 Billion Refinancing After Bankruptcy
[Stay on top of transportation news: Get TTNews in your inbox.] Bankers at American Tire Distributors Inc. are probing investors about a junk bond sale that would help the company refinance its debt more than two years after emerging from bankruptcy, according to people familiar with the matter. Goldman Sachs …
Read More »After Regal, COVID-19 Forces Theater Chain AMC to Consider Bankruptcy: Report
The largest cinema chain in the world – AMC Entertainment Holdings Inc. (NYSE: CMA) is considering options for a respite from debt, which includes potential bankruptcy, reports Bloomberg. The cinema chain is still reeling from the consequences of the pandemic outbreak and lockdown measures, which have kept moviegoers out of …
Read More »Ultra Petroleum Bankruptcy Court Again Allows Repair Awards and Post-Petition Default Interest, At Least for Creditworthy Debtors | King and Spalding
In a much-anticipated ruling on October 26, the Southern District of Texas Bankruptcy Court awarded compensation bonuses[i] and interest subsequent to the request (that is to sayaccrued interest after the bankruptcy filing) to certain Noteholders in the Ultra Oil bankruptcy case. Specifically, the court found: (1) the set-off bonuses do …
Read More »Russia’s Kyrgyzstan ally holds elections on Sunday amid wave of discontent
BISHKEK (Reuters) – Kyrgyzstan, Russia’s closest ally in Central Asia, will vote in parliamentary elections on Sunday amid signs of widespread disaffection with the ruling elite. FILE PHOTO: Russian President Vladimir Putin shakes hands with Kyrgyz President Sooronbay Jeenbekov during a meeting in Sochi, Russia September 28, 2020. Sputnik/Mikhail Klimentyev/Kremlin …
Read More »Google workers to form global union alliance
FILE PHOTO: A sign is pictured at a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo/File Photo (Reuters) – Google workers around the world are forming a union alliance, weeks after workers at the search engine giant and other units of …
Read More »Larry King, Breezy Interviewer of the Famous and Infamous, Dies at 87
Attracted by the radio Larry King was born Lawrence Harvey Zeiger in Brooklyn on November 19, 1933, the second son of Edward and Jennie Gitlitz Zeiger, immigrants from Austria and Belarus. Their first son, Irwin, had died earlier. A younger brother, Martin, became a lawyer. Mr King’s father ran a …
Read More »Review: T-Pain’s New Album Shows A Watered Down Version Of A Once-Great Artist
It would be hard to argue that a musical artist is as closely associated with a recording style as T-Pain is with autotune – it’s his calling card. While he didn’t necessarily invent the popular pitch correction feature, he certainly popularized it in the late 2000s. T-Pain’s New Album 1UPreleased …
Read More »Paris Jackson’s debut album does both too much and not enough
At around 44 minutes, Paris Jackson’s debut album faded is a concept album which comes out monotonous and repetitive. she went out “to let down” as the album’s only single. Jackson’s smooth vocals are hampered by mostly cliched pop production full of wispy background vocals, echoing keyboards and soulless acoustic …
Read More »ACI Europe warns nearly 200 airports risk bankruptcy – Airport World
ACI Europe today warned that 193 of the continent’s airports risk insolvency in the coming months if passenger traffic does not start to recover by the end of the year. These airports are estimated to support 277,000 jobs and €12.4 billion of European GDP. According to ACI Europe, unless governments …
Read More »These are the airlines on the brink of ruin from COVID-19
Having a home government with deep – and open – pockets appears key to whether an airline will make it through the coronavirus pandemic. According to analysis by Bloomberg News, carriers in jurisdictions where there is little support from above are the most likely to fail. Using the Z-score method …
Read More »Can states declare bankruptcy? Mitch McConnell offered the option but experts say current law doesn’t allow it
Senate Majority Leader Mitch McConnell has floated the idea of letting states go bankrupt amid the coronavirus pandemic, but experts say that’s simply not possible under current law. “Basically, states just aren’t allowed to declare bankruptcy,” said Juliet Moringiello, associate dean for research at Pennsylvania’s Widener School of Law. Newsweek. …
Read More »The fairway is so crowded! How can this be in bankruptcy?
In 2016, Fairway filed for bankruptcy. But while that process cleared some of the firm’s debt, it didn’t result in any fundamental change to the business, according to Leo Crowley, who leads the firm’s insolvency and restructuring practice. of Pillsbury lawyers. “There has been no attempt to renegotiate store leases, …
Read More »Tailored Brands emerges from bankruptcy and faces challenges – WWD
Tailor-made brandsInc., is ready to begin its next chapter. Late Monday evening, the menswear retailer completed its restructuring and emerged from Chapter 11. Under the terms of the plan, which was upheld by the U.S. Bankruptcy Court for the Southern District of Texas on November 13, 2020, the company has …
Read More »Has a Trump trade war led to a wave of farm bankruptcies?
Joe Biden: Says President Donald Trump started a trade war that “led to an increase in farm bankruptcies.” PolitiFact’s decision: half true Here’s why: In recent high-profile comments criticizing President Donald Trump, Democratic presidential candidate Joe Biden addressed a topic that touches home in Wisconsin — struggling farms. Speaking at …
Read More »J.Jill in agreement to avoid bankruptcy; will restructure amicably
J.Jill managed to avoid making a trip to bankruptcy court. The womenswear retailer’s plan to out-of-court debt restructuring has been given the green light by lenders holding 97.8% of its term loan facility, allowing J. Jill to go ahead without have to file for bankruptcy. Like Previously reported, the plan …
Read More »United Natural (UNFI) rallies on pace of second quarter earnings and rising sales
Shares of United Natural Foods, Inc. UNFI gained 18.2% as it delivered strong results for the second quarter of fiscal 2021, with growth in both revenue and net income year-over-year. Additionally, the net result exceeded Zacks’ consensus estimate. To top it off, management said it now expects to end fiscal …
Read More »Ensuring Equity in California’s Energy Transition – Energy Institute Blog
Residential electricity prices in California are on an unsustainable trajectory. The year 2021 has already had its share of energy and climate news: a slew of Executive orders in Washington, a burning brothel Texasand the energy of superstars Talent jump into the new administration. In local news, PG&E rates jumped …
Read More »Covid-19 pushes indebted retailers out of business – Quartz
As of August 3, 43 publicly traded retailers or large private retailers filed for bankruptcy in the United States in 2020, according to market intelligence firm S&P Global. This is a rate not seen since the 2008 financial crisis and its consequences. The immediate cause, of course, is Covid-19, which …
Read More »South African Airways can still be saved with funding: Trustees
JOHANNESBURG (Reuters) – South African Airways (SAA) can still be saved if it secures the necessary funding, the public airline’s directors said on Wednesday, adding they were discussing a possible restructuring with the government. FILE PHOTO: A South African Airways (SAA) plane taxis after landing at OR Tambo International Airport …
Read More »American Airlines: Exaggerated Bankruptcy Fears (NASDAQ: AAL)
Never has a stock had so many bankruptcy questions as it traded near $10 a share. Again, American Airlines Group (AAL) finds the stock in this situation. At the height of the virus panic and when financial aid was questionable, some fears of bankruptcy made sense. But now the most …
Read More »The Coming Bankruptcy Tsunami
As Chapter 13 Trustee for Eastern Massachusetts, Carolyn Bankowski has overseen all personal bankruptcies in the region for the past 14 years. Recently, she says, the number of bankruptcies has slowed, thanks to a once booming economy. But she expects that to change now that the coronavirus has crippled the …
Read More »JC Penney Files for Chapter 11 Bankruptcy Protection
By Mike Spector | Reuters NEW YORK – JC Penney Co. Inc. filed for bankruptcy Friday with plans to permanently close some stores and also explore a possible sale, making it the latest brick-and-mortar retailer to collapse so that extended store closures in response to the COVID-19 pandemic bring one …
Read More »Hornbeck reorganization plan approved by judge | Business
A bankruptcy court judge has approved Hornbeck Offshore Services Inc.’s reorganization plan, paving the way for the Covington-based service vessel company to emerge from Chapter 11 protection within months. Judge David R. Jones of the Southern District of Texas approved the plan, which has overwhelming support from companies with claims …
Read More »JC Penney is not ‘hopelessly insolvent’, adviser says, giving shareholders hope
A Dallas-based restructuring adviser gives JC Penney shareholders hope. Instead of selling the business in three pieces, which is now on the table, Plano-based Penney can emerge as a small business that has benefited from the basic tools of a retail bankruptcy reorganization: reject unprofitable store leases and reduce debt …
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