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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… ....
The Knox Clinic Corp., which managed the clinic associated with Galesburg Cottage Hospital, is poised to increase payout from 7% to 30% to creditors ....
CEO Sanjay Sharma filed for chapter 11 bankruptcy for the clinics affiliated with Galesburg’s Cottage Hospital on Jan. 3 in the Eastern District of Michigan. ....