United States Bankruptcy Court
Discount retailer Alco Stores announced Friday it is closing 200 stores nationwide and liquidating merchandise, including stores in two Eastern Montana towns.
An appellate court has rejected an attempt by real estate developer Tim Blixseth to remove a judge who issued a $41 million judgment against him - dealing yet another courtroom blow to the former billionaire’s efforts to limit his losses from the bankruptcy of a luxury Montana resort.
BOZEMAN — The city of Bozeman has offered a $150,000 settlement in a federal lawsuit that alleges police used excessive force when they shocked a man with a stun gun during a 2007 welfare check.
For what may be the first time in a Montana bankruptcy court, a judge has ordered the home of former casino owner Philip Keith be sold to help pay back millions of dollars in debts.
GREAT FALLS - A federal bankruptcy judge has approved a $3.25 million settlement that allows the city of Great Falls to leave a bankrupt electric cooperative.
GREAT FALLS — City officials in Great Falls have reached a tentative agreement to extricate the city from ties with a bankrupt Montana power cooperative.
Franz Bakery of Portland, Ore., plans to reopen the former Sweetheart Bakery in Billings and start baking bread by May 13.
The Sweetheart Bakery in Billings may reopen soon as a Franz Bakery.
HELENA - Helena Christian School, faced with foreclosure of a large parcel of land and a $1.5 million debt, filed for bankruptcy protection last week.
Acting on a tip about hidden assets, a U.S. bankruptcy trustee in Billings drilled through the lock on a safe deposit box at Stockman Bank and found $77,250, including $36,000 in cash.
The trustee for a troubled Montana power cooperative submitted a proposal Friday that offers a first glimpse into how it could be reorganized to emerge from bankruptcy.
The owners of Sweetheart Bakery and the bakers union have agreed to mediation to avoid a planned shutdown of the entire company following a weeklong strike that affected about two-thirds of the company's 36 plants.
After 82 years of baking history that produced Wonder Bread and sweet snack legends like Twinkies and Sno Balls, Sweetheart Bakeries across America are closing, leaving 18,500 employees and about 250 Montanans without a job.
An estimated 350 Sweetheart Bakery workers in Montana, along with nearly 19,000 workers across the country, collected their last paycheck on Friday and now are living without a job and health insurance.
A federal judge has given the trustee for a bankrupt Montana power cooperative until Dec. 14 to file a reorganization proposal.
MISSOULA — Vann's Inc. is under new ownership.
A developer of the failed 12th Planet entertainment complex in Billings was charged in federal court Thursday with making false statements to two Billings banks.
GREAT FALLS — A lucrative contract PPL EnergyPlus had to provide the Southern Montana Electric Generation and Transmission Cooperative with power is set to be officially terminated.
ANACONDA -- New flywheel energy storage slated for the Dave Gates Generating Station near Anaconda remains on hold while the technology's developer deals with its recent bankruptcy.
UPDATE -- 9:58 A.M.: GREAT FALLS -- A federal bankruptcy judge has issued a temporary order requiring utilities providing power to Southern Montana Electric Generation & Transmission Cooperative to continue to do so pending a hearing next week.