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The decision to drop the lawsuit comes weeks after the mall aquarium chain, which had a location in North Texas, filed for bankruptcy.
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The Onion's bid to buy conspiracy theorist Alex Jones' Infowars is scheduled to return to a Texas courtroom. A federal judge in Houston is set to hold a hearing Monday on whether a bankruptcy auction was run properly as Jones alleges collusion and fraud.
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Bankruptcy records show SeaQuest owes millions in unsecured claims. The Fort Worth location was closed this year.
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The Onion's bid came out on top, but a bankruptcy judge must sign off on the sale. Conspiracy theorist Alex Jones and the losing bidder says the process was "rigged" against them.
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The Dallas-based restaurant chain TGI Fridays says it has filed for bankruptcy protection as it looks for ways to “ensure the long-term viability” of the casual dining brand.
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A bankruptcy court OK'd the sale of Jones' $2.8-million tract of land in Guadalupe County. He owes nearly $1 billion to families after being found guilty of defamation.
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Hospital operator Steward Health Care filed for bankruptcy protection early Monday morning, but pledged to maintain the eight hospitals it operates in Massachusetts.
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Another homeware store, Tuesday Morning, is in the process of going out of business and is closing all locations, including in Fort Worth and North Texas, the company announced on May 1.
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A Delaware judge ruled Thursday that the Boy Scouts of America can enter into a pivotal $850 million agreement that the organization hopes to use as a springboard to emerging from bankruptcy later this year, but rejected two key provisions of the deal.
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Judge Harlin Hale said he expects to issue a written ruling early next week in the case over whether the NRA can move its incorporation from New York to Texas.
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Brazos Electric Power Cooperative cites a massive bill from the Electric Reliability Council of Texas as the reason for the bankruptcy filing.
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Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home.