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Home Tag Archives: Bankruptcy

Tag Archives: Bankruptcy

Sears, Kmart staves off liquidation, stores to remain open

By Michael
January 16, 2019
in :  Business
Comments Off on Sears, Kmart staves off liquidation, stores to remain open
4,346

NEW YORK (AP) — Sears will live on— at least for now. The company’s chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears, averting liquidation of the iconic chain, according to a source familiar with the negotiations. The person agreed to speak on condition of anonymity because they were not authorized to discuss the negotiation publicly. Lampert, …

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Hobbs Dairy Queen to close due to franchise bankruptcy

By Michael
November 2, 2017
in :  Business
Comments Off on Hobbs Dairy Queen to close due to franchise bankruptcy
12,814

Hurricane Harvey is a partially responsible for no more blizzards in Hobbs. Harvey and the recent economic downtown in the oil industry were two reasons for the closure of the Dairy Queen at 220 E. Bender. Low performance for corporate finances earned the rest of the blame. The parent company, Texas-based Vasari LLC, filed for chapter 11 bankruptcy Monday listing …

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Franklin tapped to lead HPD

Hobbs News-Sun
2 weeks ago

Franklin tapped to lead HPD Christina Holt/News-Sun After a months-long hiring process that included …

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