A small city in Washington state filed for Chapter 9 municipal bankruptcy after an adverse ruling from the arbitrator in a development dispute has the city facing insolvency. Processing Content Cle ... The Washington Post: Rite Aid files for bankruptcy less than a year after exiting Chapter 11 The bankruptcy case of a small Washington State city can move forward, a US bankruptcy court judge ruled, rejecting a legal challenge by a developer.

Understanding the Context

Cle Elum, a city of about 2,200 located about 80 ... Car Toys, a 38-year-old Auburn-based retailer, has filed for bankruptcy and plans to sell the majority of its stores. The company filed for a Chapter 11 bankruptcy in Western Washington Bankruptcy ... The Bond Buyer: Development dispute drives Washington city into Chapter 9 bankruptcy Yahoo: Washington town declares bankruptcy over $26M development dispute, leaving residents dreading what happens now Add Yahoo as a preferred source to see more of our stories on Google.

Key Insights

Man on street, speaking to reporter on camera. Cle Elum, a picturesque community in central Washington state, has been embroiled ... Washington town declares bankruptcy over $26M development dispute, leaving residents dreading what happens now Kitsap Sun: West Marine closing five Washington stores after filing for bankruptcy Washington boaters and marine enthusiasts will soon be losing a place to stock up on supplies and gear. West Marine, the boating retailer and marine part supplier founded in 1968, filed for bankruptcy ... Rite Aid filed for bankruptcy protection Monday for the second time, less than a year after the embattled drugstore chain emerged from Chapter 11 as a private company.

Final Thoughts

Rite Aid said in a news release ...