Bankrupt Auto Supplier First Brands Faces Criminal Investigation The Wall Street Journal First Brands’ Go-To Bank Jefferies Opens Books as Fallout Builds Bloomberg.com The Funds Most Affected by First Brands’ Bankruptcy and What Investors Can Learn From Them Morningstar First Brands Collapse Blindsides Wall Street, Exposing Cracks in a Hot Corner of Finance Yahoo Finance First Brands’ creditor says $2.3 billion ‘simply vanished’, seeks …
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63-year-old bankrupt retail chain closes all stores permanently – TheStreet
63-year-old bankrupt retail chain closes all stores permanently TheStreet Rite Aid closes all remaining stores after 63 years in business CNN Rite Aid officially closes all locations after bankruptcy filing USA Today Rite Aid has officially shuttered all its pharmacies OregonLive.com Rite Aid shutters all stores after years of financial struggles NBC News Source link
Read More »Aftermarket Parts May Be Harder To Find After Major Supplier Goes Bankrupt
Oscar Gutierrez Zozulia/Getty Images You’ve probably never heard of First Brands Group, but if you’ve spent much time in an auto parts store, you’ve heard of some brands it owns: Fram filters, Autolite spark plugs, Trico wipers, and Raybestos brake pads, among many others. With that in mind, the news from Reuters that …
Read More »Oregon man won cash for life in 2012 — then Publishers Clearing House went bankrupt. Now he may lose his home
Courtesy of KGW8 Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. An old TV commercial once promised, “Only Publishers Clearing House can make you so rich, so fast!” But, as some unlucky winners discovered this year, they can also make your fortune disappear just as quickly. That’s what happened to John Wyllie, …
Read More »Dr. Phil’s Bankrupt Media Company Sued Over $500 Million TV Deal
The bankruptcy of Dr. Phil‘s Merit Street Media has taken another turn, with its distribution partner suing the company for fraud and breach of contract. In a lawsuit filed in Texas federal court on Tuesday, Trinity Broadcasting accuses Dr. Phil, whose surname is McGraw, of swindling the Christian TV network under a $500 million, ten-year deal in which he allegedly …
Read More »US startup Lyten to buy bankrupt European battery maker Northvolt – Reuters
US startup Lyten to buy bankrupt European battery maker Northvolt Reuters Lyten to Acquire All Remaining Northvolt Assets in Sweden and Germany Northvolt California Start-Up Will Buy Assets of Bankrupt Swedish Battery Maker The New York Times US battery start-up Lyten buys Northvolt out of bankruptcy Financial Times Tiny California Startup Buys Up Assets of Failed European Battery Giant The Information Source link
Read More »Tween jewelry chain Claire’s is bankrupt — again : NPR
An American mall staple, Claire’s is known for its ear piercing services and brightly colored jewelry for young shoppers. Seth Wenig/AP hide caption toggle caption Seth Wenig/AP Claire’s — the ear-piercing, glittery tween mall staple — is once again on the brink of survival. The chain on Wednesday filed for bankruptcy protection for the second time in seven years. It …
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