Tag: Bankruptcy
Patis, a popular kosher bakery chain in NYC known for its high-quality pastries and urban cafe culture, has filed for bankruptcy after facing difficulties sustaining its rapid growth since 2018.
Willie Mays, a baseball legend facing financial struggles in 1963, found a savior in Jacob Shemano, a Jewish banker, which blossomed into a lifelong friendship that bridged cultural divides.
Rite Aid, a well-known pharmacy chain, filed for Chapter 11 bankruptcy in October 2023 due to lawsuits related to the opioid epidemic and challenges in the retail market.
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US Jewish history museum may become part of the Smithsonian 4 years after surviving bankruptcy
A bipartisan group of lawmakers has introduced legislation to explore the possibility of the Weitzman National Museum of American Jewish History in Philadelphia becoming part of the Smithsonian Institution, a move that could provide financial stability and prestige to the museum.
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Just for Laughs co-founder Andy Nulman on the comedy festival's Jewish roots—and recent collapse
Andy Nulman, co-founder of the Just for Laughs comedy festival, reflects on the recent cancellation of the festival's events in Montreal and its filing for bankruptcy protection.
Sam Zell, a Jewish billionaire and real estate magnate, has died at the age of 81.
Russ Solomon, the founder of Tower Records, passed away at 92 while watching the Oscars.