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Latest Articles

Executives at Toys “R” Us are in line to get up to $21 million in bonuses – even though company is in bankruptcy

17 senior executives of Toys "R" Us may get as much as $21 million in bonuses if the company hits certain financial targets. Five of these executives split $8.2 million in retention bonuses the week...

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Boston Herald Newspaper Files Bankruptcy

The parent company of the Boston Herald filed for Chapter 11 bankruptcy on Friday and will look to sell the newspaper to Gatehouse Media LLC. The newspaper is saddled with significant pension and retirement liabilities as...

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CEO of company that files bankruptcy resigns, but will still be paid $175,000 a month for consulting fees

Woodbridge Group of Companies is a luxury real estate developer based out of Sherman Oaks, California. Today, the company filed bankruptcy in Delaware. Woodbridge operates through a complex network of more than 250 affiliated companies owned...

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Jewelry chain Charming Charlie may be preparing to file bankruptcy

The Houston-based retailer, known for its color-coordinated stores and affordable merchandise, has started to shutter about 100 of its approximately 360 stores, and plans to close more in bankruptcy.Charming Charlie is also closing its international...

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Reader's Choice 2017 award