Tag: Bankruptcy
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...
Massachusetts governor says deals have been reached to keep some threatened hospitals open
BOSTON -- Massachusetts Gov. Maura Healey announced Friday that deals have been reached in principle to transition operations at four hospitals operated by...
Steward Health Care reaches deal to sell its nationwide physicians network
BOSTON -- Steward Health Care said it has reached an agreement to sell its nationwide physicians network to a private equity firm. The...