Prospect Medical Holdings Files for Chapter 11, Intends to Sell Pennsylvania, Connecticut, and Rhode Island Hospitals
Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.
Prospect Medical Holdings files for Chapter 11 amid criticisms of prior PE ownership
Prospect Medical Holdings filed for bankruptcy protections late Saturday, a move the financially strapped health system said will streamline divestitures outside of its home state of California.
Popular restaurant chain owner files for Chapter 11 bankruptcy
The casual restaurant sector faced financial distress in 2024 with several major chains having no choice but to file for Chapter 11 bankruptcy protection to save their businesses from closing permanently.
Prospect Medical Holdings, owner of 3 Connecticut hospitals, files for Chapter 11 bankruptcy
Prospect Medical Holdings, which owns Manchester Memorial Hospital, Rockville General Hospital and Waterbury Hospital, has filed for Chapter 11 bankruptcy.
Owner of Crozer Health in Delaware County files for Chapter 11 bankruptcy
Prospect Medical Holding says its facilities will remain open as it works to sell off its hospitals, including Crozer-Chester Medical Center in Chester and Taylor Hospital in Ridley Park.
Prospect files for bankruptcy, leaving its hospitals in R.I. and Conn. in limbo
The filing shows Prospect had more than 100,000 creditors and $1 billion and $10 billion in liabilities. The hospitals will stay open as company restructures debt under supervision of a bankruptcy cou
Bankruptcy filing could impact pending sale of three Conn. hospitals to Yale New Haven Health
Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester and Vernon, filed for bankruptcy protection late Saturday night. The California-based hospital operator,
Popular sporting goods retailer files for Chapter 11 bankruptcy
Sporting goods retailers have battled to stay afloat after the Covid-19 pandemic rocked the nation, forcing retailers in most ...
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St. Louis trucking company, affiliate file for Chapter 11 bankruptcy
A St. Louis trucking company and its equipment leasing affiliate recently filed for Chapter 11 bankruptcy, citing the “challenges of the freight market” as one of the main reasons they ...
Big Lots, JoAnn and 11 other companies that filed for bankruptcy in 2024
For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...
Silver Airways files for Chapter 11 bankruptcy protection in South Florida, will continue operating
Silver Airways, which has served Florida, the Bahamas and the Caribbean over the past 13 years, filed for Chapter 11 ...
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Northvolt's Battle for Survival: A New Chapter
Northvolt, a leading Swedish electric vehicle battery maker, secured shareholder support to continue its Chapter 11 ...
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Joann Fabrics Announces Store Closures Following Chapter 11 Bankruptcy Filing
Joann Fabrics, the popular craft retailer, has begun closing a number of its store locations across the United States ...
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WOB Bar & Kitchen emerges from Chapter 11
Bar & Kitchen has completed its Chapter 11 restructuring and is now setting its sights on expansion. After filing for Chapter ...
‘New chapter in 11 days’: US’ outgoing Biden administration gives final $500 mn aid to Ukraine
US’ outgoing President Joe Biden’s administration has announced its final military aid package for Ukraine, with $500 million worth of missiles for air defence, air-to-ground munitions and equipment ...