Bankrupt Companies

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Healey demands Steward finalize hospital sale plans

Gloucester Daily Times 27 Jul 2024

BOSTON — Gov. Maura Healey is demanding that bankrupt Steward Health Care System finalize plans to sell its Massachusetts hospitals after the company announced it was shutting down two of them ... .

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What’s next for customers amid SunPower troubles? Renova Energy answers questions

Desert Sun 27 Jul 2024

While SunPower does not appear to have publicly addressed the question of what happens if it goes bankrupt, Battaglia said SunPower or any company that takes over its leases will remain responsible ...

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Mexican steel giant AHMSA faces bankruptcy as of August 4

SteelOrbis 26 Jul 2024

... declared bankrupt. In this process, they will seek to sell the company in a single package ... According to specialists, the sale of a company declared bankrupt frees the company from all its liabilities.

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N.S. wants $900K in fuel-tax case from directors of bankrupt Maritime Fuels

CBC 26 Jul 2024

The Nova Scotia government is seeking more than $900,000 from the directors of a defunct fuel and heating oil company for taxes that were collected from customers in the years before it went bankrupt but which were never turned over to the province ... .

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My 3M stock price forecast was correct: now what?

Invezz 26 Jul 2024

The 3M share price soared after the company published strong results that beat analysts estimates ... for the company ... Before he came in, there were concerns that the storied company would go bankrupt.

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US policy sabotages its solar ambitions: China Daily editorial

China Daily 26 Jul 2024

Renova Energy, partially invested by the company, immediately declared it was temporarily halting all business operations in California and Arizona ... This year has already seen a number of other smaller solar companies go bankrupt.

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GUEST OPINION: Boebert moves to kill taxpayer protections, help scammers

Colorado Springs Gazette 26 Jul 2024

They then repeat the process under a different company ... The complaint alleges that HRM Resources serves as a middleman company that accumulates depleted oil wells and then transfers those wells to companies structured to go bankrupt.

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Red Lobster has a new owner following restaurant closures in NC, countrywide

BlueRidgeNow 25 Jul 2024

USA TODAY reporting explained that a stalking horse bidder places an initial bid on the assets of a bankrupt company, in this case Red Lobster. The bankrupt company chooses an entity from a pool of ...

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Senate panel votes to subpoena Steward Health CEO

The Hill 25 Jul 2024

He declined an earlier opportunity to testify, lawmakers said, and offered no counter date or alternate company official ... The company went bankrupt because of corruption and mismanagement from top executives, he said.

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Buyer steps in for Louisiana hospital amid national chain's bankruptcy

The Advocate 25 Jul 2024

Glenwood Regional Medical Center in West Monroe may soon be under new ownership after its parent company, the bankrupt Steward Health, received a bid for the hospital this week as it tries offload around 30 hospitals across the country ... .

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FEASIBILITY STUDY ON PROPOSED CORPORATISATION OF MDI TO BE DONE SOON - AZALINA

Malaysian National News Agency 25 Jul 2024

She said the proposed corporatisation of MdI is to ensure more efficient insolvency administration through effective management and liquidation of assets of the bankrupts to pay off ...

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Japan’s Population Falls at Record Rate

Time Magazine 25 Jul 2024

The overall population shrank by 0.4%. [time-brightcove not-tgx=”true”]. Read More ... A record 260 companies went bankrupt in 2023 as they couldn’t secure enough workers to maintain their operations, according to a by Teikoku Databank ... .

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Trump threatens Zuck with jail for Meta’s bias. Here's how to lower the temperature

The Hill 25 Jul 2024

Yet it’s not the job of political leaders to penalize Meta or other social media companies for their moderation decisions, never mind how they spend their fortunes to influence elections ... It shields them from potentially bankrupting lawsuits.

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A Bill to legalise assisted suicide for the terminally ill will be introduced to the ...

The Liberty Beacon 25 Jul 2024

The report below reveals that insurance companies (not mentioning Canada) may prefer this option for clients. In western culture, we are at a morally bankrupt point ... the companies don’t want to fund.

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Recycle overload! Where do the thrown-aways go?

Addison County Independent 25 Jul 2024

Maglienti has suggested some possible markets or companies that would take secondary textiles to repurpose them into other products ... There’s a European company called Renewcell that developed this process, but they just went bankrupt.”.