The Israeli branch of Office Depot has run out of bankruptcy-saving proposals, and a court on Monday authorized liquidators to lay off all 780 employees and close the stores. "After a lengthy hearing and with all due regret, it seems that the company has reached the end of the road, and nobody can disagree," said […]
By JTA
The owners of Washington’s Jewish newspaper submitted the winning bid for The Baltimore Jewish Times at a bankruptcy auction. Route 95 Publications, LLC, an affiliate of the WJW Group that owns the Washington Jewish Week, said it won Monday's auction to purchase Alter Communications, the publisher of The Baltimore Jewish Times and Style Magazine. The […]
The Baltimore Sun reported that two competing plans to save the Baltimore Jewish Times' publisher from bankruptcy are no longer pending, and negotiations resumed Tuesday with a key creditor, after a judge ok'ed an emergency cash infusion. According to Alter Communications Inc.'s attorney Alan M. Grochal, the two proposals before the bankruptcy court had falled […]