Tag: Bankruptcy
Red Lobster exits Chapter 11 bankruptcy protection
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protectionRed Lobster, known for its affordable seafood and...
Senate committee to vote to hold Steward Health Care CEO in contempt
BOSTON -- Members of a Senate committee looking into the Steward Health Care bankruptcy said they plan to adopt two resolutions next week...
Sen. Bernie Sanders said he is set to pursue contempt charges against Steward CEO
BOSTON -- Vermont U.S. Sen. Bernie Sanders said Wednesday he is prepared to pursue contempt charges against Steward Health Care CEO Ralph de...
LL Flooring reverses course and will keep hundreds of stores open after bankruptcy filing
NEW YORK -- After securing a last-minute buyer, LL Flooring is reversing course on shutting down all of its stores.The hardwood flooring retailer...
Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale
NEW YORK -- After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit...
Steward CEO says he won't comply with Senate subpoena on hospital closings
BOSTON -- Steward Health Care CEO Ralph de la Torre won't comply with a subpoena to appear before a U.S. Senate committee that...