Items Tagged with 'bankruptcy'

ARTICLES

Detroit exits bankruptcy after $1.28B bond sale

December 11, 2014
| By AP
DETROIT — Lawyers for Detroit said the city sold $1.28 billion in bonds on the eve of its exit from federal bankruptcy protection. Read More

Lamar in Chapter 7 bankruptcy

July 18, 2014
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

Bankruptcy gives Detroit 'brighter future'

December 3, 2013
| By AP
Leaders across Michigan have shared their reactions to the ruling Tuesday that Detroit is eligible to fix its troubled finances in bankruptcy court. Read More

Will Detroit's bankruptcy end irresponsible lending?

September 17, 2013
Detroit’s bankruptcy will ultimately have a positive impact on cities across West Michigan and the U.S. Read More

Developer of Grand Rapids shopping center files bankruptcy

August 28, 2013
The owner of a once promising retail development has filed for Chapter 11 bankruptcy protection. Read More

Detroit will recover on the shoulders of business leaders

July 26, 2013
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

Bankruptcy won’t traumatize West Michigan

July 26, 2013
The Detroit bankruptcy — the largest municipal bankruptcy in U.S. history — has financial experts and economic developers on the western side of the state wondering if there will be any ripple effects here, and if so, what? Read More

Detroit files for bankruptcy

July 19, 2013
DETROIT — At the height of its industrial power, Detroit was an irrepressible engine of the American economy, offering well-paying jobs, a gateway to the middle class for generations of autoworkers and affordable vehicles that put the world on wheels. Read More

Gov. Snyder names Chrysler bankruptcy attorney Detroit emergency manager

March 14, 2013
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

Hostess strike ends in bankruptcy, 381 state jobs in doubt

November 16, 2012
Twinkies might have memorably survived the post-apocalyptic world of “Zombieland,” but they could not survive the perhaps more frightening world of the consumer-goods industry. Read More