Tag: Bankruptcy

  • Roomba Maker iRobot Information for Chapter After 35 Years

    Roomba Maker iRobot Information for Chapter After 35 Years

    (Bloomberg) — iRobot Corp. filed for chapter after reaching a restructuring help settlement that may hand management of the patron robotic maker to Shenzhen PICEA Robotics Co., its essential provider and lender, and Santrum Hong Kong Co.  The Massachusetts-based firm filed for Chapter 11 chapter within the District of Delaware on Dec. 14, in response…

  • Gold Tree Studios Declares Chapter Following $1B Financing Settlement

    Gold Tree Studios Declares Chapter Following $1B Financing Settlement

    A Hollywood post-production firm tied to the upcoming movie “Lear Rex,” starring Al Pacino and Jessica Chastain, filed for chapter safety on Tuesday. Gold Tree Studios, a three-year-old agency providing post-production rental suites, modifying, sound mixing, shade grading, and extra, filed for Chapter 11 reorganization simply months after its mum or dad firm introduced a $1 billion financing deal…

  • California Hospital Dealing with $193 Million Municipal Debt Declares Chapter

    California Hospital Dealing with $193 Million Municipal Debt Declares Chapter

    (Bloomberg) — A California hospital about 70 miles north of Sacramento filed for Chapter 11 chapter Monday after failing to promote itself or safe an affiliation with a bigger hospital system. The nonprofit Oroville Hospital has been struggling to pay $193 million of excellent municipal debt used to finance a brand new tower. The development…

  • Archdiocese of New Orleans Emerges from Chapter

    Archdiocese of New Orleans Emerges from Chapter

    WHAT HAPPENS NEXT? AUBRY. HEY, RANDI. SO I SPOKE WITH SURVIVORS MOMENTS AGO, SOME SAYING THAT THIS IS A DAY THAT THEY HAVE BEEN WAITING FOR THEIR ENTIRE LIFE. SO TAKE A LOOK. I WANT TO SHOW YOU SOME VIDEO OF ARCHBISHOP GREGORY AMON LEAVING THE FEDERAL COURTHOUSE NOT LONG AGO, AND ARCHBISHOP AMON, HE…