Bankruptcy

National

Struggling Toys R Us Plans To Pay Executives Millions In Bonuses

3:53pm December 07, 2017

by Amy Held

The nation's largest toy retailer filed for bankruptcy in September but said it wants to motivate its top brass to turn around sales in the critical holiday shopping season.

The Toys R Us Times Square Holiday Shop held its grand opening last month in New York City. The largest U.S. toy store chain filed for bankruptcy protection late Monday, but most stores are operating as usual.

Ahead Of The Holiday Season, Toys R Us Files For Bankruptcy Protection

11:32am September 19, 2017

by Doreen McCallister

The largest U.S. toy chain filed for Chapter 11 bankruptcy protection late Monday. Toys R Us plans to use $3 billion in bankruptcy financing to buy merchandise from vendors and fund operations.

Legal issues — evictions, domestic violence, or insurance claim denials, for example — all too often can cascade into problems with bad medical outcomes.

Hospitals Are Partnering With Lawyers To Treat Patients' Legal Needs

5:54pm June 06, 2017

by Michelle Andrews

Roughly 300 health care systems around the country have set up medical-legal collaborations to help patients solve legal problems that can affect their health — at little or no cost to the patients.

A Puerto Rican flag hangs beside a for-sale sign on a balcony in San Juan in summer 2015.

Puerto Rico Makes Unprecedented Move To Restructure Billions In Debt

6:20pm May 03, 2017

by Colin Dwyer

The territory, which is ineligible for bankruptcy, filed to begin a similar procedure tailor-made for its more than $70 billion debt crisis, which is likely to dwarf Detroit's 2013 Chapter 9 filing.

People carry a large Puerto Rican flag as they protest looming austerity measures amid an economic crisis in San Juan, Puerto Rico on Monday. The May Day demonstrations come as the island faces a Monday deadline for reaching a deal on debt payments, or en

National

Puerto Rico Eyes Options As It Faces Debt Deadline — Again

7:42pm May 01, 2017

by Camila Domonoske

The island has been struggling with a massive debt burden for nearly two years, and protection from lawsuits are about to expire. An oversight board could initiate a bankruptcy-like process.

RadioShack's parent company filed for bankruptcy on Wednesday. The electronics chain filed for bankruptcy in 2015.

National

RadioShack Files For Bankruptcy. Again

2:50pm March 09, 2017

by Rebecca Hersher

The electronics chain closed thousands of stores in 2015 and restructured the remaining business in an attempt to stabilize sales. On Wednesday, the new parent company filed for bankruptcy.

Barbara Radley, of Oshkosh, Wis., has diabetes, liver failure and scleroderma. Even filing for bankruptcy early last year didn't stop her financial woes, she says. The medical bills keep piling up.

Medical Bills Still Take A Big Toll, Even With Insurance

6:05pm March 08, 2016

by Alison Kodjak

The Affordable Care Act has increased access to doctors and helped reduce medical costs. But poll data show 26 percent of U.S. families are still struggling to pay their health care bills.

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Detroit, after having billions of dollars of debt erased through bankruptcy, has emerged with a razor-thin financial cushion.

Economy

Post-Bankruptcy, A Booming Detroit Is Still Fragile

5:28pm December 12, 2015

by Quinn Klinefelter

It's been one year since the city of Detroit exited the largest municipal bankruptcy in U.S. history. New development is erupting downtown, but the city is still walking a financial tightrope.

Mendocino, Calif., lures vacationing tourists and retirees. But the lone hospital on this remote stretch of coast, in nearby Fort Bragg, is struggling financially.

Mendocino Coast Fights To Keep Its Lone Hospital Afloat

7:01pm November 23, 2015

by April Dembosky

Tourists love California's Mendocino coast for its redwoods, surf and charm. But the battle to keep the area's only hospital afloat is pitting hospital administrators and doctors against each other.

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Surfing Brand Quiksilver Files For Chapter 11 Protection

7:16am September 10, 2015

by Bill Chappell

The maker of sporting apparel and gear announced that it had entered into a plan to reduce its debt by more than $500 million.