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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles see all

Displaying items 1-5
  • LifeLine contracts received little scrutiny at Board of Public Works

    LifeLine contracts received little scrutiny at Board of Public Works
    Maryland's Board of Public Works, a panel that includes the governor and other top state officials, did little to scrutinize millions in contracts it awarded in recent years to the financially strapped operator of a group home where a 10-year-old boy died this month, records show. And state agency officials who recommended LifeLine for various contracts from 2011 through September did not mention the company's fiscal and quality problems to the board — even as they touted a new process to reward only top-quality contractors.
  • The death of Damaud Martin: Looking but not seeing [Editorial]

    The death of Damaud Martin: Looking but not seeing  [Editorial]
    The death of a severely disabled foster child earlier this month while under the care of a group home in Anne Arundel County that Maryland health regulators were in the process of shutting down inevitably raises the question of whether the boy's life...

    Crumbs cupcake shops could re-open some locations

    Crumbs cupcake shops could re-open some locations
    Could Crumbs cupcakes be saved by Dippin' Dots? Just days after the financially troubled Crumbs Bake Shops Inc. closed all 48 stores, including three at malls in the Baltimore area, the New York specialty chain stands to be acquired as part of a...

    Maryland lawmakers, child advocates seek probe into oversight of troubled group home

    Maryland lawmakers, child advocates seek probe into oversight of troubled group home
    Maryland lawmakers and child advocates called Monday for an investigation into regulators' oversight of a troubled group home operator, asking why the state continued to give the company millions in taxpayer dollars despite long-standing financial and...

    Group home for disabled children struggled to provide adequate care

    Group home for disabled children struggled to provide adequate care
    The recent death of a 10-year-old disabled foster child at an Anne Arundel County group home was just the latest in a series of problems at LifeLine, the state contractor that has been paid millions in taxpayer funds to care for "medically fragile"...