Tag: Bankruptcy

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...

Patients will suffer with bankrupt health care firm's closure of Massachusetts hospitals, staff say

AYER, Mass. -- When Christina Hernon was 5, her throat swelled shut from an infection and her mother rushed her to a local...