The co-working flex space provider WeWork Inc. (OTCMKTS: WEWKQ) announced it has emerged from Chapter 11 and appointed John Santora as CEO, effective today. Santora joins WeWork from Cushman & Wakefield, where he most recently served as the firm’s tri-state...
Dallas-headquartered Steward Health Care System, the nation’s largest physician-owned hospital operator, has filed for Chapter 11 protection. Steward operates 33 community hospitals in nine states and has more than 30,000 employees. The company has been dealing with...
The apparel company Rue21 has become the latest retailer to announce it is going out of business. The Warrendale, Pennsylvania-based company filed for Chapter 11 bankruptcy on Thursday – the company previously filed for bankruptcy in 2003 (when it was Pennsylvania...
The coworking company WeWork (OTCMKTS: WEWKQ) announced the securing of $450 million in new funding that will fuel its exit from Chapter 11 bankruptcy. The property management software provider Yardi Systems is taking a 60% stake in WeWork through its subsidiary Cupar...
The fashion retailer Express Inc. (OTC:EXPR) has filed for Chapter 11 bankruptcy and is planning to close more than 100 stores. According to a Reuters report, the company started in 1980 and company operates about 530 Express retail and Express Factory Outlet stores,...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
