Douglas Moorehead

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Colt to Bankruptcy Court: Guarantee Execs' Bonuses, Terminate Employees' Salaries

Colt is dying a slow and very public death. Once a major firearms manufacturer, the storied gunamker lost their government manufacturing contracts to …

Clergy sex abuse claims drive Archdiocese of Milwaukee to file for bankruptcy

A Catholic Archdiocese in the US on Monday filed for bankruptcy as part of a $21 million settlement with victims of clergy sexual abuse.<p>More than 300 …

Bankruptcy attorney says rapper 50 Cent will try again to sell his Connecticut mansion

Rapper 50 Cent's bankruptcy attorney says he'll try again to sell his 50,000-square-foot Connecticut mansion.<p>The Hartford Courant reports (http://cour.at/1hH14pW) Pat Neligan spoke at a court hearing Wednesday. 50 Cent didn't attend.<p>The rapper's attorneys have said he was trying to lease the …

Jade Ewen 'Bankrupt': Ex Sugababes Singer Reportedly Owes Taxman 'Thousands'

Former Sugababes singer Jade Ewen has reportedly been made bankrupt, owing "thousands" to the taxman.<p>It’s claimed the star - who also represented the …

Pop Music

Documents show Homestead Cemetery filed bankruptcy over less...

Loading...<p><b>MUNHALL, Pa.</b> - Paperwork obtained by Channel 11 News Friday revealed the domino effect of financial troubles for the Homestead Cemetery in …

Cemeteries

Tales From the Broke: Fancy Cars, Freeloading Family Members, Deceitful Agents Can Quickly Send NFL Players Deep Into Bankruptcy

1,544<p>NFL draft prospects can stumble upon a bottomless pit of money at the Senior Bowl, but it won't have much to do with their performance on the …

Discussing cost could prevent a cancer side effect: Bankruptcy

When 66-year-old Lee Tomlinson of Westwood was diagnosed with Stage 3 throat cancer three years ago, he says he had one thing on his mind.<p>"All I …

What China Needs To Learn: Bankruptcy Is The Most Important Part Of Capitalism

An interesting piece in the New York Times looking at the problems China is beginning to have with “zombie companies”. These are companies which have fallen victim to some business calamity. Could have been (and in the Chinese example, probably were) over-enthusiastic in their expansion plans in a …

Economics

Ex-Cranberry couple charged in bankruptcy fraud, embezzlement cases

A former Cranberry real estate agent and his wife are due in federal court next week on fraud charges following their arrest last week in Florida, …

Radioshack Creditors Claim Pre-Bankruptcy Shenanigans Go Back To Early 2014

The electronics retailer RadioShack had been obviously doomed for a while, finally declaring bankruptcy in February of 2015. Yet lenders kept giving …

Bodybuilding Supplement Maker Sues Mr. Olympia Contest

A company that makes tubs of protein-shake powder for bodybuilders is suing the organizers of the upcoming Mr. Olympia contest to try to block them from making major sponsorship deals with the manufacturer’s competitors.

Dow Jones

Family Christian's Next Chapter: Niche retailer emerges from bankruptcy with plan for modest growth and profitability

GRAND RAPIDS — Despite a prolonged, controversial and contested bankruptcy process, Grand Rapids-based<b> Family Christian Stores</b> has emerged from …

Grand Rapids

Bankruptcy delay 'could leave State open to being sued'

THE State has left itself open to being sued by heavily-indebted consumers as it is unable to process bankruptcy applications at the moment, a …

Trick Daddy Files For Bankruptcy, Because 3 Baby Mamas

Trick Daddy, the unofficial Mayor of the County of Dade (that would be Miami) is bankrupt. You can blame at least part of his struggle on three baby …

Bankruptcy

The Real Reason Trick Daddy Filed For Bankruptcy

Trick Daddy’s Home In Foreclosure; Owes $300K To IRS<p>Trick Daddy appears to have filed for bankruptcy as a last ditch attempt to save his South …

Foreclosure

Relativity Bankruptcy: ‘Collide’ Backers Ask Judge To Scrap Distribution Deal

Last month it seemed that British director Eran Creevy’s hot title <i>Collide</i>, previously known as <i>Autobahn</i>, had extricated itself from Relativity. But a …

'My crib is almost finished in AFRICA!' 50 Cent reveals palatial new overseas home... as he struggles to unload Connecticut mansion after bankruptcy filing

It seems 50 Cent is planning on moving overseas.<p>The 40-year-old, who is embroiled in bankruptcy proceedings in the States, revealed on Saturday that …

Relativity Bankruptcy: U.S. Trustee Opposes Employee Bonuses

Relativity faces a major new obstacle in its effort to pay bonuses to five key employees, as well as 80 unidentified non-inside employees, while the …

Hip-Hop Lately :: The Latest of Hip-Hop Culture

TrendingYoung Thug Is Instagram Flirting With Teka$hi 69 News Scooter Braun Didn't Know He Was Kanye's Manager When He Was Kanye's Manager 3 hours …

Gun maker Colt says it's near a deal to exit bankruptcy

Colt filed for bankruptcy earlier this year due to falling sales of its sport rifles and the loss of military contracts. The company's private equity owner has been battling its bondholders for control of the West Hartford, Connecticut-based business, and the parties are pressured by Colt's …

NRA

Surprised to find Microsoft at an Apple event? They once bailed Apple out of bankruptcy!- Technology News, Firstpost

Relativity Asks Bankruptcy Court For An 11-Day Delay To File Key Information

Relativity Media’s sale process may take longer than it thought: The company today told the U.S. Bankruptcy Court considering its fate that it can’t …

Bankruptcy ain't so bad for Kansans of a certain class

by David Hudnall If a person who owns a million-dollar home files for personal bankruptcy, it seems only logical that he or she would be legally …

Bankruptcy

50 Cent posts video of house in Africa amid bankruptcy

<b>US rapper 50 Cent has posted a film on Instagram showing his new house in Africa even though he has filed for bankruptcy in the US.</b><p>He said on the post: "My crib is almost finished in AFRICA. I'm gonna have the craziest House warming party ever."<p>In July he filed for bankruptcy days after a jury …

50 Cent

How to Rebuild Your Credit After Bankruptcy

Matt Cardy/Getty Images<p>Filing for bankruptcy can stir up a mixture of emotions. It may feel like a personal failure, a big relief, or it could cause …

Ex-Teen Idol David Cassidy Auctions Home After Bankruptcy Filing

MIAMI - Former TV star and teen idol David Cassidy is auctioning off his Florida home on Wednesday after a bankruptcy filing, the breakup of his third marriage and several arrests for drunken driving.<p>Cassidy, 65, whose hits "Cherish" and "I Think I Love You" had teenage girls swooning in the 1970s, …

Fort Lauderdale