Items Tagged with 'bankruptcy'


Restaurant chain closing location amid bankruptcy

December 30, 2019
An “upscale casual” restaurant chain is closing its corporate locations, including one in southeast Grand Rapids, amid Chapter 11 bankruptcy proceedings. Read More

New law makes it easier for small businesses to re-organize

September 30, 2019
President Donald Trump on Aug. 23 signed the bi-partisan Small Business Reorganization Act of 2019, which is the most significant change in more than a decade for small businesses seeking to re-organize under Chapter 11 of the U.S. Bankruptcy Code. Read More

State joining tentative settlement with maker of OxyContin

September 17, 2019
| By AP
LANSING — Michigan is joining a tentative multistate deal with OxyContin maker Purdue Pharma over the company's role in the opioid epidemic. Read More

Tool and die company files for bankruptcy

March 11, 2019
A company in the area that supplies tooling, dies and related services to the auto industry has filed for bankruptcy. Read More

Women's fashion retailer closing stores

March 8, 2019
The retail “apocalypse” has claimed another victim. Read More

The story behind the story of 616 Lofts’ bankruptcy

February 22, 2019
Ten years ago I stumbled into Grand Rapids — a 25-year-old country kid from Lake Odessa — and founded 616 Lofts. Raised by schoolteachers who built new homes in the summertime, I had the itch and became the first full-time entrepreneur in my family. For eight years (2009-2017), I was 616 Lofts’ CEO. Two years ago I resigned and have since been working on other things, because my journey with the brand I built had come to an end. Read More

616 Lofts files for bankruptcy

January 14, 2019
A local developer has filed for bankruptcy. Read More

Department store properties head to auction

January 4, 2019
Two West Michigan department store properties, formerly owned by a bankrupt corporation, are going up for auction. Read More

Find patterns in your business’s financial statements

December 7, 2018
I had a client back in the 1970s who had an extremely high IQ. Had it not been for a variable rate SBA loan initiated at 8 percent then rising to 28 percent, we would have been rich. Read More

Brookstone closing Woodland Mall store in bankruptcy

August 3, 2018
A specialty gadget store has become the latest victim of a shifting retail landscape. Read More