Tag: Bankruptcy
Agera Energy of Briarcliff Manor files for bankruptcy protection
The company is also seeking to execute an asset sale to Constellation, a subsidiary of Exelon Corp.
Forever 21 files for Chapter 11 bankruptcy; fate of stores unknown
“This does NOT mean that we are going out of business," the clothing retailer insists in a letter to its customers.
Forever 21 reportedly latest retail chain to consider bankruptcy
If true, Forever 21’s bankruptcy would follow in the recent footsteps of a number of high-profile stores like Payless, Toys R Us and Charlotte Russe.
Standard Amusements sues Westchester for canceling Playland contract
Standard Amusements LLC is asking a federal court to reinstate a contract that was terminated May 28 by Westchester County that allowed it to take over operation of Playland.
Westchester County says Standard Amusements is in ‘irreparable breach’ of Playland...
The Business Journal obtained a copy of the letter that states that Standard Amusements for months failed to cure material breaches of the contract and did not engage in good faith negotiations with the county.
Charlotte Russe to close 94 stores
The company said the stores' closings are expected "in the near term."
David’s Bridal files for Chapter 11 bankruptcy protection
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 files for bankruptcy protection; to close 142 more stores
Sears Holdings said in a statement that it intends to reorganize around a smaller group of stores that have performed well.
Cenveo emerges from Chapter 11
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."
Cenveo gets green light on Chapter 11 emergence
The Stamford-headquartered company, which will be privately held after emergence, did not offer a timeline on when the process would begin and end.
Brookstone to close 101 mall locations
It has locations at The Westchester in White Plains, the Palisades Center mall in West Nyack and the Danbury Fair Mall in Connecticut.
Cenveo CEO resigns as part of bankruptcy reorganization agreement
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.
Bertucci’s Fairfield County locations to remain open during bankruptcy process
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 files for bankruptcy in midst of school shooting protests
Remington's Bushmaster XM-15 was used in the 2012 Sandy Hook massacre.
Loehmann’s to shut down all stores
Loehmann's, a discount women's designer goods company, will shut down all 39 stores by March 31.