Bankruptcy attorneys for corporation RadioShack have overseen the sale of customer list including personal information. The hudge fund that was the high bidder also purchased a large number of RadioShack stores and inventory. The bankruptcy attorneys and the court conducted the sale of assets in order to repay RadioShack’s creditors. Personal bankruptcy may also involve […]
Municipal Bankruptcies May Reveal Issue Wider Spending Issues
The President of the New York Federal Reserve recently gave commentary that the municipal bankruptcy of Detroit, along with Stockton’s bankruptcy, may foreshadow more widespread problems in municipal governments across the country that are not reflected by bond ratings. Bond ratings are similar to consumer FICO scores in that many investors heavily rely on them […]
Ann Arbor VA Wait Times Longer Than Detroit
A recent AP study found the Ann Arbor VA’s ratings for appointments has ranked lower than the VA located in Detroit. In fact it rated last of all hospitals in Michigan. Despite its poor performance, the Ann Arbor VA has improved its wait times in the last year and beats national averages for wait times. […]
Southfield, Michigan Adult Community Sold
Solaire Active Adult Community in Southfield, Michigan, has been sold for approximately $20 million. The complex is less than a mile from Providence Hospital. The property has over 382 units for 55+ residents. Southfield, Michigan has been in the news over the last few months due to its office and commercial space availability. As many […]
Southfield, Michigan Landmark Mall to Close
The Oakland County Circuit Court has authorized the closing of Southfield’s Northland Mall. Northland was one of the nations first modern shopping malls. Built in 1954, it was the nations largest mall at the time. The Southfield mall was the first of the four directional malls – others being Southland, Westland, and Eastland – built […]
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