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Hastings
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Hastings To Close All Stores Nationwide By October 31

Hastings to Close All Stores by October 31

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Browning Montana
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Browning Montana Considering Bankruptcy – State Headlines [YouTube]

The small town of Browning, Montana on the Blackfeet Indian Reservation, is considering filing for bankruptcy after running short on funds.

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Headwaters River
Photo courtesy of the Gallatin County Sheriff's Office
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Montana Town Threatens to Disincorporate Over Legal Dispute

Officials in a small Montana town say they will have to disincorporate the community or declare bankruptcy over an ongoing dispute with the Blackfeet Tribe about water and utility services.

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Vanns
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FBI, Labor Department Investigating Vann’s Bankruptcy

The FBI and the U.S. Department of Labor are investigating the bankruptcy of a Montana appliance and electronics store that rendered its Employee Stock Ownership Plan worthless.

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Court
iStockphoto
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Judge Approves California City’s Bankruptcy Plan

A judge has approved a debt plan by Stockton, California, one of the largest U.S. cities to declare bankruptcy, allowing it to reorganize more than $900 million in long-term debt.

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Gavel
Photo courtesy of Thinkstock.com
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Detroit Emergency Manager Says Bankruptcy Filing Unavoidable

DETROIT (AP) — Detroit's state-appointed emergency manager says that a month before the city filed for bankruptcy he thought it could be avoided but only with concessions from creditors that never came.

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Category: Local News Tags: ,
Detroit Struggles To Re-Build A Bankrupt City Amidst Poverty And Blight
Photo by Andrew Burton/Getty Images
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Detroit Secures $350M Loan to Help Pay Off Debt

Detroit's state-appointed emergency manager says a $350 million loan has been secured to help the city pay its way out of a complicated deal involving major creditors.

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Category: News Tags: , ,
Vanns
photo courtesy of Facebook
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Vann’s Sale Finalized [AUDIO]

Vann's sale officially finalized in bankruptcy court.

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vanns
photo courtesy of Facebook.com
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McMagic Partners LP Contract to Purchase Vanns, Inc.

 

McMagic Partners LP, a Texas-based company, has entered into a contract to purchase Vanns, Incorporated in Montana.

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Vann's
photo courtesy of Facebook.com
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Vann’s Moves From Chapter 11 to Chapter 7 to Help Facilitate Sale

KGVO News has received a copy of a speech given to Vann's Incorporated employees on Friday, stating the reasons why the Trustee has moved from Chapter 11 to Chapter 7 bankruptcy protection.

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