After allowing it's labor costs to balloon over the past decade while it's competitors streamlined in Chapter 11, American Airlines Inc. now faces the thankless task of tearing down those expensive employment agreements in hopes of emerging a more competitive carrier, attorneys say,
Really Cool Foods, the organic food processor that built and opened a state-of-the-art production and distribution center in the Gateway Industrial Park just north of Cambridge City in 2008, closed its doors for good Monday.
The $6.4-million construction loan on a stalled Lincoln Park condominium project is up for sale, an opportunity for investors willing to shell out millions to complete construction and convert to rentals in a hot apartment market.
New MorrisAnderson director and restructuring professional Deborah Hicks Midanek has served on more than a dozen corporate boards over the past two decades.
The failure of Florida law firm Ruden McClosky PA, and its sale in bankruptcy court, could portend a similar fate for other law firms, especially those that haven't protected themselves by diversifying beyond areas hit hardest by the financial crisis, experts say.