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The New Jersey-based company faced inflationary pressures on product costs, which reduced consumer spending, according to CEO Barry Litwin, as well as $800 million in outstanding debt. Red Lobster
Rebranded MCI, it emerged from bankruptcy in 2004 and the assets were bought by Verizon. Parmalat: Italy: 24 Dec 2003: Food: The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went ...
A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.
Galena State Bank and Trust Company 56 51 Millennium State Bank of Texas Dallas: Texas: July 2, 2009: State Bank of Texas 118 52 Founders Bank Worth: Illinois July 2, 2009: The PrivateBank and Trust Company 963 53 Bank of Wyoming Thermopolis: Wyoming: July 10, 2009: Central Bank and Trust 70 54 Temecula Valley Bank Temecula: California July 17 ...
The telehealth orthodontics company shut down in December, less than three months after filing for Chapter 11 bankruptcy. The company sold teeth aligners, with the typical course taking 4-6 months.
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Guaranty Bank, Texas BBVA Compass, Alabama Savings and loan association [66] September 25, 2009: Colonial Bancgroup: Chapter 11 bankruptcy and liquidation Bank holding company [67] October 5, 2009: Hypo Alpe Adria Bank: Government of Austria: Bank, Mortgage lender [68] October 21, 2009: DSB Bank: Bank, Insurance [69] October 30, 2009: Cal ...
Tuesday Morning's first bankruptcy filing was in May 2020, when the company said it was the only way to bounce back from two months of pandemic-related store closings. In the wake of that filing ...