#bankruptcy

A coalition of attorneys general, including Hawai‘i’s Holly T. Shikada, has reached an agreement in principle with opioid maker Endo International Plc to provide up to $450 million to participating states and local governments — and ban forever the promotion of Endo’s opioids.

Next year, the Queen Ka’ahumanu Center in Kahului should be celebrating its 50th anniversary, but no one knows if there will be any reason to commemorate the milestone as Maui’s largest mall goes through foreclosure.

The Hawai’i State Office of Consumer Protection issued an advisory today urging customers of the now-defunct Borders booksellers to know their rights regarding the proposed transfer of their personal information to Barnes & Noble.

The Borders store at the Maui Marketplace in Kahului is starting its store closing sale today, Thursday, March 24.

Borders Bookstores, Inc. released today a list of stores that will be closed as a result of their recent Chapter 11 bankruptcy, and the Maui Borders is not on the list.

The owner of the Grand Wailea Resort Hotel & Spa along with several other luxury hotels and golf courses sought bankruptcy protection yesterday in Manhanttan, Bloomberg is reporting.

U.S. Bankruptcy Court statistics show that 2010 filings at the Hawaii District Court are up almost 29% for Maui County and 28% for Hawaii as a whole year-over-year.

Despite the efforts of many businesses to stay out of the red, many businesses are unable to tread water. With the economy being in a state of recession, some Maui businesses are finding it hard to capitalize on tourism, or conduct their regular business as usual. Clearly, declaring bankruptcy is not something that any business […]

Hawaiian Telcom Communications, Inc. has confirmed its emergence from its Chapter 11 bankruptcy proceedings. Chapter 11 bankruptcy is a process by which a business can reorganize in order to service its debt or pay its creditors. With Chapter 11, the business remains in control of its business operations, systematically working to correct the issues that […]

Hawaiian Telcom Communications, Inc. today announced that it has successfully completed its reorganization and has emerged from its Chapter 11 bankruptcy proceedings.  The new ownership and capital structure of the Company have been approved by the Federal Communications Commission and the Hawaii Public Utilities Commission. Through its reorganization, Hawaiian Telcom has reduced its debt by […]

The Island Dodge dealership on Maui is among the list of 789 dealers that could be cut under a restructuring plan filed by Chrysler today.  The dealers included on the list represent 14 percent of the company’s sales volume. Subject to court approval, the dealers would discontinue the sale of Dodge, Chrysler or Jeep vehicles […]