The casual restaurant sector faced financial distress in 2024 with several major chains having no choice but to file for ...

Gov. McKee talks about the recent news that Prospect, the parent company who owns Fatima and Roger Williams hospitals, ...

Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy ...

Sporting goods retailers have battled to stay afloat after the Covid-19 pandemic rocked the nation, forcing retailers in most ...

Prospect Medical Holdings, which owns Manchester Memorial Hospital, Rockville General Hospital and Waterbury Hospital, has ...

A St. Louis trucking company and its equipment leasing affiliate recently filed for Chapter 11 bankruptcy, citing the ...

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

Prospect Medical Holdings filed for bankruptcy protections late Saturday, a move the financially strapped health system said ...

In a statement, the company said specifically it was looking to expedite the sales of Roger Williams and Our Lady of Fatima ...

Prospect is the second large health system with a history of private equity ownership to declare bankruptcy in the past year.

Silver Airways, which has served Florida, the Bahamas and the Caribbean over the past 13 years, filed for Chapter 11 ...

The filing shows Prospect had more than 100,000 creditors and between $1 billion and $10 billion in liabilities.