Bankruptcy filing appears to end era in Maine papermaking
The company filed for Chapter 7 bankruptcy on Monday, which would allow it to liquidate assets to pay off creditors. It listed more than $ 50 million in liabilities and nearly 1,000 creditors. The filing was made at the U.S. Bankruptcy Court in …
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Jefferson County's probate court faces 'disaster' after bankruptcy filing of
King said he learned Tuesday morning of the bankruptcy and alerted county commissioners, the county manager's office, and the court-appointed receiver in the county's Human Resources Department. "Hopefully they understand the severity of the situation …
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Sears Canada braces for possible bankruptcy as CEO leaves
The cash-strapped department store chain has begun to reach out to top law firms in Canada in a desperate search for restructuring advisers as it weighs a potential Chapter 11 filing, The Post has learned. A bankruptcy filing isn't imminent or even …
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