News

N.H. furniture supplier files Chapter 11

GPS Furniture International, now mostly known as Sunset Trading, will still be selling furniture, despite filing bankruptcy last week. On Tuesday, a bankruptcy judge ruled that the company - located in Londonderry right outside the Manchester Airport -- could dip…

Ex-Riverstone execs seek SEC deal

Former Riverstone Networks executives are attempting to settle civil securities fraud charges, according to court documents filed in the case last week. The Securities and Exchange Commission has charged the six executives with inflating revenue when the company was spinning…

‘Natural’ development files bankruptcy

A North Country resort, spa and condo complex for the environmentally conscious filed for bankruptcy protection on Monday, but its president, Laila Fekay, shrugged it off as a mere “interruption in the process,” and “just a way to refinance.” Besides,…

Wendy’s explores sale

Wendy’s International has announced that a special committee of its board of directors will begin exploring the possibility of selling the company. “Our goal is to move forward expeditiously and to minimize disruption to the company and its operations,” said…

American Skiing sees higher revenue

Resort and real estate revenues both increased for American Skiing Company during the third quarter ended April 29. And, while income from continuing real estate operations increased, the loss from continuing resort operations also increased according to the company’s quarterly…