bankruptcy

The brand has been around for nearly 80 years!

The plan would allow the Irving, Texas-based Boy Scouts of America to continue operating while compensating tens of thousands of men who say they were sexually abused as children while involved in Scouting.

Amid allegations of exorbitant, improper spending by its CEO and a failed attempt to file for bankruptcy, the National Rifle Association (NRA) is on the search for a new location for its headquarters, and Wyoming Governor Mark Gordon, along with Secretary of State Ed Buchanan have sent the Virginia-based, purported non-profit organization a letter, inviting them to relocate to Wyoming.

In a news release on Tuesday, GNC has stated via their website that they are closing 1200 stores as part of a company wide reconstruction.

The bankruptcy judge handling the case is set to consider the proposed list of closures next Thursday.

The Milton, West Virginia-based Blackjewel, LLC, and related companies filed for Chapter 11 business reorganization Bankruptcy Protection on July 1.

The company also owes $853,986 in an apparent judgment, bankruptcy filings say.

The agreement is subject to approval by Contura's board of directors and U.S. Bankruptcy Court in West Virginia.

The auction, originally scheduled for Thursday, will take place 11 a.m. EDT Aug. 15 in New York.

A West Virginia Federal Bankruptcy judge on Tuesday allowed the sale of Blackjewel LLC to Contura Energy to move forward. Contura will purchase the Eagle Butte and Belle Ayr mines in Wyoming's Powder River Basin along with the Pax Mine in Scarbro, W...

Federal bankruptcy judge Frank Volk approved the motion Friday morning.

Blackjewel Attorney Stephen Lerner said Contura is the only company that has shown willingness to finance Blackjewel's assets.