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Toppers Spa Files for Bankruptcy, Leaving Some Customers with Unspent Gift Cards


Toppers Spa, a regional chain offering massages, facials and manicures, has closed all locations and filed for bankruptcy, The Philadelphia Inquirer reported. The company, which had been in business

Roman Catholic Diocese in Northern New York Announces Bankruptcy Filing Amid Sexual Abuse Lawsuits

The Roman Catholic Diocese of Ogdensburg in northern New York said that it was filing for bankruptcy protection as it faces more than 100 lawsuits alleging sexual abuse, the Associated Press reported

U.S. Bank Mergers Frozen by Capital Rules, Regulatory Uncertainty

U.S. banks will probably hold off on striking deals until the end of next year at the earliest as they await clarity on new rules on capital requirements, according to deal advisers and industry

Man Who Owes 50 Cent $6 Million Defaults in Bankruptcy, Rapper Can Now Seize Assets

50 Cent could be nearly $7 million richer now that former Sire Spirits employee Mitchell Green, who had embezzled money from the company, defaulted on his bankruptcy filing, AllHipHop reported. Sire

ViewRay Files for Bankruptcy with Plans to Sell Assets

ViewRay, which makes the MRIdian radiation-therapy system for cancer patients, said that it has filed for bankruptcy after years of unprofitable operations, and plans to sell some or all of its assets

Monster Energy Purchase of Bang Energy Finalized

Bankruptcy Judge Peter D. Russin approved the $362 million sale of Vital Pharmaceuticals (VPX), the parent company of energy drink maker Bang Energy, to Corona, California-based Monster Energy, the

Why Tuesday Morning Wants to Downshift into Chapter 7

Tuesday Morning called it quits on reorganization weeks ago. Now it wants out of chapter 11 status, Home Textiles Today reported. The off-price home goods retailer has been in the process of closing

Rockville Centre Diocese Bankruptcy Update: Legal Fees Climb, Judge May Intervene

Bankruptcy proceedings by the Catholic Church on Long Island linked to clergy sexual abuse cases have gone on for nearly three years and piled up $70 million in legal fees, Newsday reported. Now, a

Biden Administration Unveils $39B of Student Debt Relief as Part of Income-Driven Repayment Fix

The Biden administration announced that it would cancel $39 billion of student debt owed by more than 804,000 borrowers whose debts have been outstanding for more than 20 years, Politico reported. The

United Reaches Preliminary, 4-Year Labor Deal with Pilots, with Up to 40% Raises

United Airlines and its pilots’ union have agreed to a preliminary labor deal that includes pay increases of as much as 40.2% over four years, ending months of tense negotiations and airport pickets