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Items Tagged with 'bankruptcy'
Lamar Construction of Hudsonville, one of the larger commercial/industrial construction companies in West Michigan, filed for Chapter 7 bankruptcy July 11, indicating in court documents it has more than 200 creditors and debts of $10 million to $50 million, with estimated assets between $10 million and $50 million. Read More
Detroit’s bankruptcy will ultimately have a positive impact on cities across West Michigan and the U.S. Read More
The owner of a once promising retail development has filed for Chapter 11 bankruptcy protection. Read More
Grand Rapids Business Journal applauded Gov. Rick Snyder’s move in February to appoint a six-member Michigan financial review team to determine whether it should declare a financial emergency in Detroit and allow an emergency financial manager to take over city operations. Read More
DETROIT — A bankruptcy expert who represented Chrysler during its successful restructuring has been chosen to steer Detroit out of the financial abyss that has swallowed the distressed city, which was once one of the nation's most prosperous. Read More