A family in Houston and a plumber in Maryland couldn't afford rent, which pushed them into crowded living quarters. During the COVID-19 pandemic, that common predicament has increased viral spread.
The Purdue Pharma bankruptcy process has focused on financial compensation to creditors, but court records include heartrending personal letters from families ravaged by Oxycontin.
Germany's pandemic lockdowns have pushed thousands of small businesses toward insolvency. With a government freeze on insolvency rules soon expiring, some economists worry about what may happen next.
The NRA aims to relocate to Texas, away from the "corrupt political ... environment" of New York. The state's attorney general says officials diverted millions of dollars to their personal expenses.
The chain does "not intend to reopen 185 of their restaurants that were closed during the pandemic," Ruby Tuesday's CEO wrote in a court filing.
The parent company Tailored Brands earlier said it would close up to 500 stores and cut 20% of corporate jobs. It's joined in pandemic bankruptcy by rival Brooks Brothers and a growing list of others.
The retailer was acquired in 2019 by online clothing-rental startup called Le Tote. It joins a cascade of bankruptcies by major apparel stores, triggered by the doldrums of the coronavirus pandemic.
Remington Arms, weighed down by lawsuits and retail sales restrictions following the Sandy Hook school massacre, is seeking bankruptcy protection for the second time in as many years.