Bar Louie Files For Bankruptcy, Closes Flint-Area Location
Bar Louie, a restaurant chain known for its cocktails and burgers, has filed for bankruptcy and closed dozens of locations.
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Bar Louie, a restaurant chain known for its cocktails and burgers, has filed for bankruptcy and closed dozens of locations.
Forever 21, the teenage clothing emporium that rode America's mall boom and bust, filed for Chapter 11 bankruptcy on Sunday.
Sears and Kmart's parent company filed for bankruptcy, and it plans to close 142 of its worst-performing stores.
Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy.
Brookstone filed for bankruptcy and will close its remaining 101 mall stores.
Detroit is released from state financial oversight 3 years after exiting the largest ever U.S. municipal bankruptcy.
Someone is betting $40,026 on the life of a 73-year-old lottery winner in Michigan.
An unusual auction in Michigan will turn the top bidder into an instant lottery winner on Thursday.
The winner will receive $1,000 a month as long as the ticket's original owner lives.
The filing came after the ex-representative failed to reach a settlement in a lawsuit by the manager of his 2012 campaign.
RadioShack has announced the Metro Detroit stores that will be closing as the retail chain enters bankruptcy.
The resort says in a statement that it "fully expects to continue normal operations throughout this process."
Detroit's long-term fiscal recovery plan was approved Friday by a bankruptcy judge and calls for $1.7 billion to remove blight and fix city services over the next 10 years.
Judge Steven Rhodes approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history on Friday. Here's a look at the events leading up to that decision.
Judge Steven Rhodes said he's striking portions of a court filing by Syncora, a bond insurer that could lose millions of dollars in a trial that starts next week.
The tour, which was said to take just over three hours, covering 58 miles of a variety of the city's areas, came ahead of bankruptcy confirmation hearings.
A judge overseeing Detroit's bankruptcy is getting an earful from retirees who are opposed to the city's plan to get back on its feet.
Flint, too, also has suffered a spectacular drop in population and factory jobs and a corresponding rise in property abandonment.
Thousands of Detroit retirees and city employees must have their ballots on the city's plan of adjustment in the bankruptcy case turned in this week.
Experts are looking at ways for the cash strapped city to raise money have suggested increasing fines, and going after parking deadbeats.
"I want to say to everyone whose a resident of the city, no one is more aware of the hardship that this is going to cause to a number of different people than me," Kevyn Orr said.
Federal Judge Steven Rhodes has ruled that, under law, pensions can be cut in Detroit's bankruptcy.
"This entire process is illegal and it should be thrown out by Judge Rhodes." said one protester.
The city's emergency manager says after reforms and contract adjustments, Allen Park will avoid filing for Chapter 9 protection.
There are more than 20,000 Detroit city retirees whose pensions hang in the balance as the city moves through bankruptcy.
