Tag: Bankruptcy

The company said the stores' closings are expected "in the near term."

David’s Bridal, which specializes in wedding dresses, prom gowns, and other formal wear, has stores in Yonkers and Middletown, in New York and in Danbury, Connecticut.

Sears Holdings said in a statement that it intends to reorganize around a smaller group of stores that have performed well.

CEO Robert G. Burton Jr. stated the company "will be able to invest in growing our core businesses and continue our focus on delivering high-quality products."

The Stamford-headquartered company, which will be privately held after emergence, did not offer a timeline on when the process would begin and end.

It has locations at The Westchester in White Plains, the Palisades Center mall in West Nyack and the Danbury Fair Mall in Connecticut.

Robert G. Burton Sr., chairman and CEO of Cenveo Inc., will resign as part of a reorganization agreement with its major stakeholders that will enable the company to emerge from Chapter 11 this summer.

The two Fairfield County locations for the Bertucci’s restaurant chain will remain open while the company files for restructuring under the Chapter 11 bankruptcy process.

Remington's Bushmaster XM-15 was used in the 2012 Sandy Hook massacre.

Loehmann's, a discount women's designer goods company, will shut down all 39 stores by March 31.

A lawyer weighs in on specifics.

Kimco Realty Corp. paid $18 million for the Sports Authority building and $10 million for the Bed Bath & Beyond property.

Bronx-based Montefiore's takeover of Sound Shore Health System in Westchester is expected this fall.

A White Plains, N.Y., bankruptcy judge approved the sale of Main Street Connect's 41 websites - including 11 in Fairfield County - to its founder and two shareholders for $800,000, after no other bids for the company were received.

Bankruptcy court documents give an account of Sound Shore Health Systems’ financial struggles that could be repeated at other community hospitals.