Corporate bankruptcy

Harvey Weinstein is escorted in handcuffs to a courtroom in New York, Monday, July 9, 2018. Weinstein, who was previously indicted on charges involving two women, was due in court for arraignment on charges alleging he committed a sex crime against a third woman. (AP Photo/Richard Drew)
July 11, 2018 - 2:36 pm
WILMINGTON, Del. (AP) — A Delaware judge on Wednesday approved a revised plan for the sale of the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein. The revised plan calls for Dallas-based private equity firm Lantern...
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May 29, 2018 - 1:14 am
WASHINGTON (AP) — President Donald Trump often talks about "draining the swamp" of inside dealers in Washington. But lobbyist Jeff Miller might be considered part of the new swamp. Miller is a close friend of Energy Secretary Rick Perry and is pushing the Trump administration for a bailout worth...
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FILE - In this Feb. 10, 2016, file photo, Harvey Weinstein attends amfAR's New York Gala honoring him in New York. Harvey Weinstein's lawyer said in a court filing that federal prosecutors in New York have launched a criminal investigation into the film producer, in addition to a previously disclosed probe by the Manhattan District Attorney. (Photo by Charles Sykes/Invision/AP, File)
May 23, 2018 - 6:51 pm
WASHINGTON (AP) — Harvey Weinstein's lawyer said in a court filing that federal prosecutors in New York have launched a criminal investigation into the film producer, in addition to a previously disclosed probe by the Manhattan District Attorney. Attorney Benjamin Brafman said in a declaration...
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FILE - In this Jan. 14, 2009 file photo, colored "Sweethearts" candy is held in bulk prior to packaging at the New England Confectionery Company in Revere, Mass. Four bidders are vying to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies. A bankruptcy auction is scheduled for Wednesday, May 23, 2018. (AP Photo/Charles Krupa, File)
May 23, 2018 - 5:31 pm
BOSTON (AP) — The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day was sold in bankruptcy court Wednesday. The Ohio-based Spangler Candy Co. had the winning $18.83 million bid for the New England Confectionery Co.,...
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May 22, 2018 - 4:59 pm
ORLANDO, Fla. (AP) — The parents of slain Florida teen Trayvon Martin say The Weinstein Company owes them at least $150,000 for optioning the rights to their book in order to make a yet unaired television series based on their son's legacy. Sybrina Fulton and Tracy Martin filed court papers last...
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May 22, 2018 - 11:26 am
REVERE, Mass. (AP) — Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies. There are now four offers for Massachusetts-based Necco, or New England Confectionery Co., at a bankruptcy auction scheduled for Wednesday in...
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April 18, 2018 - 8:24 am
NEW YORK (AP) — The end is near for department store operator The Bon-Ton Stores. Two liquidation firms are the victors of an auction for the bankrupt company's assets, after the retailer failed to find a bidder willing to continue operating the business. A bankruptcy court hearing is scheduled for...
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FILE - In this March 13, 2008, file ph too, workers use a guzzler vacuum to suck oil soaked sediment from a creek in Santa Maria, Calif., after oil spilled into the creek from a Greka Oil & Gas Inc. facility. The California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 million fine by state regulators Wednesday, April 11, 2018, for nearly 1,500 violations in the past year at an oil field in Orange County. (AP Photo/Damian Dovarganes, File)
April 11, 2018 - 8:40 pm
LOS ANGELES (AP) — A California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 million fine by state regulators Wednesday for nearly 1,500 violations in the past year at an oil field in Orange County. Greka Oil & Gas falsified results in...
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FILE - In this Tuesday, Jan. 15, 2013 file photo, Remington rifle cartridges are displayed at the 35th annual SHOT Show in Las Vegas. U.S. gun maker Remington Outdoor Company has filed for bankruptcy protection after months of financial problems, falling sales and lawsuits tied to the Sandy Hook Elementary School massacre. Records from the bankruptcy court of the district of Delaware show that the company filed late Sunday, March 25, 2018. (AP Photo/Julie Jacobson, File)
March 26, 2018 - 12:11 pm
Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization amid years of slumping sales and legal and financial pressure over the Sandy Hook school massacre. In papers filed Sunday in federal...
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March 26, 2018 - 12:09 am
PHILADELPHIA (AP) — A former Philadelphia mayoral candidate says he lost $1.4 million in an alleged Ponzi scheme. The Philadelphia Inquirer reports Tom Knox was among several people who fell victim to a $30 million loan fraud operation led by 47-year-old Gary Alan Frank. Frank owned the...
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