Skip to main content

Newsroom Headlines

Company in Charge of Electronic Medical Records at Mercy Iowa City Asks Bankruptcy Judge to Intervene

The company in charge of maintaining medical records at Mercy Iowa City, Iowa, is asking bankruptcy court to intervene in a dispute with the hospital and clinics, KCJJ reported. The Cedar Rapids

Rockford Bird Scooters Could Fly the Coop After Bankruptcy

The electric scooters available for rent in Rockford, Ill., aren't expected to fly the coop just yet as the company that owns them files for bankruptcy, the Rockford Register Star reported. Electric

Bankruptcy Fraud Snares Louisiana Home Health Executive

A West Monroe, La., businessman whose two home health agencies received millions in Medicare overpayments was sentenced this month to 24 months in prison for concealing assets in a bankruptcy filing

Parts ID Files for Chapter 11 Bankruptcy

E-commerce company Parts ID filed for chapter 11 bankruptcy protection Monday and said it plans to continue normal operations, WSJ Pro Bankruptcy reported. Parts ID added it expects common

Colorado ‘Shark Tank’ Startup Files for Chapter 11 Bankruptcy

Reusable sticky note startup mcSquares, which also does business as M.C. Squares, filed for chapter 11 protection just days before Christmas, the Denver Business Journal reported. Thornton, Colo

Study: Serious Medical Errors Rose After Private Equity Firms Bought Hospitals

The rate of serious medical complications increased in hospitals after they were purchased by private equity investment firms, according to a major study of the effects of such acquisitions on patient

Albany Lender Accused of Fraud, Creditors Push for Involuntary Bankruptcy

Companies that claim an Albany-based lender defrauded them out of more than $22 million are trying to force the lender to liquidate its assets, the Albany Business Review reported. The three companies

Trustee Says Wood Construction Owners Abusing Bankruptcy Process

Former remodeling and construction company owner Leighton “Joe” Wood, who allegedly defrauded dozens of customers, has been using bankruptcy protection to avoid accountability to those very customers

Facing Housing Shortages, Cities Try Cramming More Units on Lots

Cities across the country are enacting “upzoning” measures as a way to try to meet housing demand and curtail soaring housing costs that often make it nearly impossible for teachers, firefighters and

Ousted Binance Founder CZ’s Fortune Grew by $25 Billion in 2023

He may be headed to prison next year after pleading guilty to U.S. criminal charges in November, yet 2023 held a silver lining for former Binance Holdings Ltd. Chief Executive Officer Changpeng Zhao