Some school districts rejected contracts and stopped paying ABA, which serves Nassau and nearby counties under units including Baumann Bus Company, Baumann and Sons Buses, ACME Bus Corp. and Brookset Bus Corp., according to court documents. The executives packed their bags, shut the plant and left the country. Takeout didn’t work. U.K.-based IWG is one of the biggest co-working space providers in the world and its Regus unit has more than 1,000 locations in the U.S. and Canada. “So when it didn’t happen there was a real liquidity crunch.”. Original review: Nov. 30, 2020. Read more via @business https://t.co/g7o7BTf51i pic.twitter.com/Av3J6cQWah, “We had to tell 4,500 people: we’re not letting you go but we need to put everything on pause.” Here’s how the Covid-19 pandemic bankrupted 55-year-old Gold’s Gym. But pandemic-related cancellations and suspensions have cost the bus industry around $11 billion in all, the company said, citing the American Bus Association trade group. The company was forced to surrender its office space on Madison Avenue and “dramatically” reduce orders for new merchandise, according to bankruptcy court papers. A patchwork of other regional airlines stepped in to take over some Ravn routes and business. He and Debbie, who is 68, were forced to put the diners into bankruptcy in June and walk away. The bankrupt company was later approved for $30 million in federal coronavirus-relief funds and in early July it sold many of its planes and assets to other aviation companies. Allegations of sexual abuse had been piling up for decades, leading to the removal of dozens of priests and deacons, according to a report the Archdiocese released in 2018. Ravn Air Group, the biggest regional carrier in the state, saw passenger revenue drop by 90 percent. For John Barrett Inc., assets of at least $1 million are listed under a related entity, Mezz57th LLC. The listings included on this page are of companies that have gone into administration, CVA or liquidation. But diner food is comfort food, Andrews said. The owner of the Ann Taylor and Lane Bryant chains is now considering closing more than 1,000 stores. Art Van Furniture LLC and Declaration Brewing Co. had filed for Chapter 11 reorganizations before the pandemic. Flyest (Argentina) A small airline that operated mainly between Buenos Aires and Montevideo as well as a couple of domestic destinations in Argentina with CRJ200 aircraft. The company had its strongest-ever year of worldwide growth in 2019, but the coronavirus, social distancing and gym closures hit its business like a 500-pound dumbbell. The class of 2020 will undoubtedly have some unique memories to hold onto: bedrooms turned classrooms, remote learning, virtual graduation. The coronavirus pandemic has accelerated the demise of companies that were already in ... filed on July 13 and has begun liquidation sales as it … Now the owners are looking to open another LemonShark restaurant outside the shopping center. Chapter 15 filings, where foreign entities seek recognition of proceedings in their home countries, aren’t included. Source: Seth M. Bennett, Operator of rehab centers in Tennessee with $449.3M estimated assets, Bounce house rental company in Texas with $100.0K estimated assets, A Bounce For Fun attraction. But as Covid-19 began to spread throughout America, those plans were quickly thrown out the window. Companies Act. Retailers, airlines, restaurants. This resulted in everything from outright liquidation to financial reshuffling. “They would not have been able to survive in the Florida Mall. Company Name Status Region Sector SIC Codes; RENT A CAR 4U LIMITED: Dissolved: Lancashire: Realestate: 7110: ACCUBEAM CONTRACTS LTD: Dissolved: City of Bristol: Construction But just as its peak season was about to kick off, states including Texas banned large gatherings, shut down schools and asked residents to stay at home. In recent years, the company had relied on celebrity collaborations with the likes of Gabrielle Union, Kate Hudson and Eva Mendes to help drive sales among its core customer base of 25-to-49-year-old women. Any alterations after this time will be telephoned or emailed direct to the parties or their legal representatives. Many were in deep financial trouble even before governors ordered non-essential businesses shut to help contain the spread of the virus. When Jacksonville, Florida-based Stein Mart reopened stores, revenue and customer traffic were initially positive, albeit lower than pre-pandemic levels, Hawkins said. Photographer: Joe Raedle/Getty Images, School bus company in New York with $50.0K estimated assets, LemonShark Poke franchise owner in Florida with $100.0K estimated assets, Prom-dress retailer in New York with $1.0M estimated assets, Women’s apparel retailer in New York with $405.4M estimated assets, A closed New York & Co. store in Silver Spring, Maryland, on June 5, 2020. The 102-year-old retailer of women’s workwear filed for bankruptcy with plans to shut a significant portion, if not all, of its stores after the pandemic drove off customers. Source: Company, Subsidiary of co-working space provider IWG Plc in Texas with $1.0B estimated assets, Off-price retailer in Florida with $757.5M estimated assets, A Stein Mart store in Miami on Aug. 12, 2020. Stay home and companies that fall into administration, liquidation and have purchased pallets or lots from several companies hands-on. Said that employees got abrupt notice in March that they would be permanently laid off their,. 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