Bankruptcy

(Courtesy Colt Manufacturing)

Gun Maker Seeks Adjustments From Bankruptcy Judge

 WEST HARTFORD, Conn. (AP) _ Colt Holding Company is asking a bankruptcy judge to approve payments totaling $2.5 million for nine top executives. The Hartford Courant reports  that the bonuses would be paid if an […]

08/21/2015

bankruptcy

50 Cent Bankruptcy Papers List Farmington Mansion

Rapper 50 Cent says in a bankruptcy filing he owns seven cars valued at more than $500,000, including a 2010 Rolls Royce and a 1966 Chevrolet Coupe. His Farmington, Connecticut, property is his most valuable property.

08/04/2015

Method Man sits down with Andy Cohen. (Photo by Frederick M. Brown/Getty Images)

Method Man Believes 50 Cent Bankruptcy Claim Is A ‘Tactic’

The other night Method Man paid a visit to Andy Cohen on “Watch What Happens Live” and played the game Plead The Fifth.

07/17/2015

bankruptcy

Lawyer Tries To Remove Stay In Lawsuit Against 50 Cent

A woman who won a $5 million judgment against 50 Cent is asking that her invasion-of-privacy case be allowed to go forward despite a bankruptcy filing by the rapper.

07/14/2015

bankruptcy

50 Cent Files For Bankruptcy Protection After Losing Lawsuit

Curtis Jackson III, aka 50 Cent, filed for federal bankruptcy protection days after a jury ordered him to pay $5 million in an invasion-of-privacy lawsuit.

07/13/2015

Colt logo (courtesy their website)

Gun Manufacturer Secures Financing

 WEST HARTFORD, Conn. (AP) _ Colt Defense has announced an agreement with its secured lenders for $20 million in credit to allow ordinary business operations to continue during its chapter 11 bankruptcy proceedings. Colt said […]

06/24/2015

Colt logo (courtesy their website)

West Hartford-Based Colt Files For Bankruptcy

Gun maker Colt Defense LLC filed for chapter 11 bankruptcy late Sunday, allowing for a quicker sale of operations in the U.S. and Canada.

06/15/2015

brookfield map for dl

Brookfield’s First Selectman-Elect In Bankruptcy

Brookfield’s new First Selectman has declared personal bankruptcy, accumulating up nearly $775,000 in debt.

11/18/2013

Firefighters douse burning wreckage on July 7, 2013 after a freight train loaded with oil derailed July 6 in Lac-Megantic in Canada's Quebec province, sparking explosions that engulfed about 30 buildings in a wall of fire.    (credit: François Laplante-Delagrave/AFP/Getty Images)

Maine Firm In Quebec Tragedy Files For Bankruptcy

A Maine-based railroad company whose oil train caused a fire and explosion that killed 47 people in a small town in Canada has filed for bankruptcy protection.

08/08/2013

On July 3, union members went on strike at five Connecticut nursing homes, including the Newington Health Care Center. Photo by WTIC's Matt Dwyer.

HealthBridge Nursing Homes File For Bankruptcy

Five Connecticut nursing homes have filed for Chapter 11 bankruptcy reorganization after the U.S. Supreme Court denied their parent company’s request to delay a court order to reinstate 600 striking workers.

02/25/2013

more