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A nonprofit subsidiary of the bankrupt Family Christian LLC has been selected as the winning bidder for the company’s assets, according to court documents filed Wednesday.

Published in In the News

Six weeks ago, when Family Christian LLC first filed for bankruptcy, the retailer articulated a plan that would save the company and help it emerge from its proverbial mountain of debt.

Published in In the News

The potential ownership change, which would be the second in the last two years for the religious retailer, was one of the primary outcomes at the hearing in federal bankruptcy court for parent company Family Christian LLC.

Published in Small Business

Grand Rapids-based Family Christian LLC quietly filed notice in bankruptcy court on Monday, withdrawing its motion to sell virtually all of its assets under Section 363 of the United States Bankruptcy Code.

Published in In the News

Burdened by a six-year slide in sales, Family Christian Stores filed for Chapter 11 bankruptcy protection in a West Michigan court late Wednesday, assuring customers and employees that it does not expect to close any stores or lay off any of its 4,000 employees.

Published in In the News

Four of the region’s top finance executives will share their best practices and insights into the profession at the inaugural West Michigan CFO of the Year event on Tuesday evening, June 11 at the Goei Center in Grand Rapids.

Published in Finance
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