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Tag Archives: legal

Orchard Supply Files for Chapter 11 Bankruptcy; Lowe’s Agrees to Buy Assets

Orchard Supply Hardware

Lowe’s has agreed to buy Orchard Supply Hardware for approximately $205 million on the same day Orchard Supply filed a petition for Chapter 11 bankruptcy. The purchase agreement would enable Lowe’s to expand through a new store format and reach …

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‘E-Fairness’ Bill Passes Senate Vote; Awaits House Debate

The U.S. Senate recently voted 69 to 27 to approve a bill to allow states to collect taxes from online sellers that make $1 million or more in gross sales annually. The Marketplace Fairness Act of 2013 will now move …

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Senate Closes Debate on Marketplace Fairness Act

The U.S. Senate closed debate on the latest version of the Marketplace Fairness Act last week by a vote of 63-30, but the final vote on passage was delayed until May 6, after senators return from a weeklong vacation. The …

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