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 […]


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.


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.


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.


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.


38 Studios Logo (Photo Credit: 38 Studios

Schilling’s Company’s Property Up For Auction In Bankruptcy

Computers, speaker systems and even a pool table that once belonged to Curt Schilling’s video game company are on the auction block.


Curt Schilling,  2004 File (Al Bello/Getty Images)

Schilling May Have To Sell 2004 Sock In Video Game Company Bankruptcy

Former Boston Red Sox pitcher Curt Schilling might have to sell the famed blood-stained sock he wore during the 2004 World Series to cover millions of dollars in loans he guaranteed to his failed video game company.


Linda McMahon, Vince McMahon, 2009 file (Ethan Miller/Getty Images)

McMahon Bankruptcy Records Outline 1976 Debt

Documents show U.S. Senate candidate Linda McMahon and her husband, Vince, owed 26 creditors a total of just under $1 million when they filed for personal bankruptcy protection in 1976.


New Haven Register

Newspaper Publisher Files For Bankruptcy

The Journal Register Co. has filed for bankruptcy protection for the second time in three years and hopes to reduce pensions and other costs through a quick sale of the news company’s assets.


Curt Schilling (Christian Petersen/Getty Images Sport)

Chafee: 38 Studios ‘Living High’ On Rhode Island Dollars

Gov. Lincoln Chafee says former Red Sox pitcher Curt Schilling’s video gaming company had been “living high on the taxpayer’s dollars” before it collapsed into bankruptcy last month.