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Stephen Polk buys sailboat supplier out of bankruptcy | Crain s Detroit Business

Stephen Polk buys sailboat supplier out of bankruptcy | Crain s Detroit Business
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Monicatti Auto Sales in Macomb County files for bankruptcy | Crain s Detroit Business

Monicatti Auto Sales LLC, a used car dealer in Chesterfield Township, has filed for Chapter 11 bankruptcy with up to $10 million in liabilities.The company filed for protection under the Subchapter V code frequently used by smaller businesses, according to its voluntary petition in U.S. Bankruptcy…

Rapid Metals to liquidate after filing for bankruptcy | Crain s Detroit Business

West Bloomfield Township-based Rapid Metals LLC has filed for Chapter 11 bankruptcy and is moving to liquidate with about $31 million in liabilities to creditors including steel giants Cleveland-Cliffs Inc., Algoma Steel Inc. and Nucor Corp.The local steel distributor, founded in 2004 by company…

Proper Group put into receivership after JPMorgan sues | Crain s Detroit Business

Proper Group International LLC has been forced into financial receivership after closing its headquarters plant in Warren and selling off pieces of its business over the past year. Control over what is left of the plastic tooling and molding company was transferred to a court-appointed receiver…

Proper Group put into receivership after JPMorgan sues

Proper Group International LLC has been forced into financial receivership after closing its headquarters plant in Warren, Mich., and selling off pieces of its business over the past year.

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