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Atlas Holdings acquires LSC Communications

Atlas Holdings, the Greenwich-based private investment and equity firm, has completed its acquisition of substantially all of the assets of LSC Communications Inc., the...

Fed bankruptcy judge approves $8.3B Purdue Pharma settlement

"This milestone settlement should be approved now -- not delayed, deferred, or risked,” the Stamford drug maker said in a statement.

The Chelsea at Greenburgh navigates pandemic to opening

Among the numerous features of the new facility are a library, sports pub and lounge, movie theater, combination beauty salon and barber shop, sunroom, landscaped walking paths, outdoor terrace and gardens.

XFL sold to group led by Dwayne ‘The Rock’ Johnson for...

The XFL filed for Chapter 11 bankruptcy in April, listing up to $50 million in debts.

The Paper Store latest chain to file for Chapter 11

Before the COVID-19 pandemic, The Paper Store employed about 2,000 people. According to reports, as of yesterday it employed about 393 people full-time and 554 part-time across all its stores, having furloughed the remainder.

Sur La Table files for bankruptcy; closing Westchester, CT stores

The national retailer Sur La Table, which specializes in offering kitchenware as well as cooking classes, has filed for Chapter 11 bankruptcy and plans...

Brooks Brothers files for Chapter 11; Stamford store to close

The luxury apparel retailer joins such names as Neiman Marcus, J.Crew, J.C. Penney, and Chuck E. Cheese to file for bankruptcy over the past few months.

GNC files for bankruptcy; to close about half of its stores

The firm has identified 248 stores that are set to be shuttered.

Le Pain Quotidien files for bankruptcy, with restaurant closings looming

The chain has locations in Greenwich, New Canaan, Rye and Stamford.

Vince McMahon reportedly trying to revive XFL

According to The Athletic, McMahon -- who filed for Chapter 11 protection for the league in April -- is looking to retrieve the XFL "at a fire-sale price.”

Pier 1 Imports looking to wind down, sell assets

Pier 1 Imports, the home décor and accessories retailer, announced May 19 that it plans to wind-down the company's retail operations as soon as...

Federal Reserve chairman warns of possible long recession

Federal Reserve Chairman Jerome Powell warns that the COVID-19 pandemic could result in a long-term recession and urges additional action by Congress and the White House to prevent it.

J.C. Penney eyes potential bankruptcy and store closings

The retailer has stores in Danbury, Trumbull, Middletown and Poughkeepsie.

Neiman Marcus files for Chapter 11 bankruptcy

Neiman Marcus Group, whose department store locations include the Neiman Marcus store at The Westchester in White Plains, has filed for Chapter 11 bankruptcy...

J. Crew eyes bankruptcy filing

It is not certain whether a bankruptcy filing would result in the permanent closure of any stores.