Tag: bankruptcy
Center City’s Fashion District debt — and control — abandoned by Philly mall operator
Pennsylvania Real Estate Investment Trust filed for bankruptcy again in early December. Here’s what we know about its shopping mall portfolio, including the Fashion District.
5 months ago
Rite Aid pharmacy chain plans to close hundreds of stores as part of bankruptcy plan
Rite Aid, which is now based in Philadelphia, has nearly 2,100 stores nationwide.
8 months ago
Civil rights on hold? Chester’s bankruptcy freezes all litigation against the city
Chester’s bankruptcy filing has not only halted cases — people with judgments and settlements against the city will likely be left with just pennies on the dollar.
1 year ago
Listen 4:16David’s Bridal files for bankruptcy, but your order is safe
David’s Bridal has filed for bankruptcy protection, the second time the firm has sought such protection in the last five years.
1 year ago
Former tennis star Boris Becker gets 2 1/2 years in prison for bankruptcy offenses
The three-time Wimbledon champion was found to have transferred hundreds of thousands of dollars after his June 2017 bankruptcy from his business account to other accounts.
2 years ago
Bargain chain Century 21 to shut down after nearly 60 years
Century 21 joins more than two dozen retailers who have filed for bankruptcy since the coronavirus pandemic, which forced non-essential stores to temporarily close.
4 years ago
PES refinery site attracts 3rd suitor, nationwide developer Industrial Realty Group
Industrial Realty Group has met with Philadelphia Industrial Development Corp. and the local Steelworkers union to discuss the South Philly complex.
5 years ago
Residency sale stalemate hangs up ruling in Hahnemann bankruptcy
The residency slots sold for $55 million at auction as part of Chapter 11 proceedings, pending the judge’s approval. He says he’ll rule Thursday afternoon.
5 years ago
Bankruptcy judge to decide the future of Hahnemann Hospital’s residency slots
Hahnemann University Hospital is back in federal bankruptcy court Weds. where a judge will rule on whether the sale of its residency programs can go ahead.
5 years ago
ER doctors worked without pay for weeks as three Philly area hospitals changed management
5 years ago
Listen 2:20Prominence of Delaware bankruptcy court threatened
Recently introduced federal legislation would upend Delaware's business bankruptcy record.
6 years ago