I don’t usually post about big corporate bankruptcy cases, but this one hit home. Fortunoff, a major Long Island-based retailer, said today it has filed for bankruptcy protection and agreed to be acquired for $100 million by the owners of Lord & Taylor. This is the second change in ownership for the Westbury-based […]

This article, published in the Rocky Mountain News, discusses the fact that far fewer bankruptcy cases were filed in Colorado in 2006 than in the months leading up to the change in the bankruptcy laws in 2005. Though the article comes from thousands of miles from New York City, the story is the same […]