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The bankruptcy of the Penn Central railroad mostly ended Alleghany's involvement in the railroad business. The company's residual railroad investments led to president and CEO John J. Burns serving on the board of Burlington Northern Santa Fe Corporation from 1995 to 2004. [citation needed]
Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California, United States. It delivered products to customers' homes within a 30-minute window of their choosing. [2]
Joann. The 81-year-old fabric and craft retailer filed for bankruptcy in March, falling victim to customers cutting back on spending, including on fabric, arts and supplies materials. Joann’s ...
Bankruptcy was filed two months later, resulting in the sale of assets of the Humboldt Creamery at auction on August 27, 2009, to Foster Farms Dairy for $19.25 million. [3] [4] [5] The former CEO pleaded guilty to changing the values of the Creamery's receivables and payables for three years between 2005 and 2008. [3]
The Scouting lawsuits may face an uncertain path forward because the BSA filed for Chapter 11 bankruptcy in February 2020 to allow it to pay sexual abuse claims and reorganize. ... “Foster care ...
What happened next speaks to how Youth Services International has managed to forge a lucrative business running private juvenile prisons in Florida and 15 other states even amid mounting evidence of abuse. The company used connections with state officials to complain that Blanton was intimidating staff.
The Container Store is filing Chapter 11 bankruptcy, but Elfa, Custom Spaces, Avera and Preston installations and TCS credit cards are still working.
In early 2014, the company filed for bankruptcy protection [5] On August 25, 2014 Speyside Equity acquires Pacific Steel Castings, now called Pacific Steel Castings LLC. The company announced plans to close as early as December 2017, after having laid off most of the employees and selling much of their inventory.