Bally Discusses Future Growth at Annual Meeting
Jun 08, 2001, Fitness Business Pro
Speaking at today's Annual Meeting of Shareholders in Toronto, Ontario, Canada, Lee Hillman, Chairman of the Board of Directors, CEO and President, of Bally Total Fitness Holding Corporation (NYSE: BFT - news) told shareholders that the Company exceeded all of its financial benchmarks during the past fiscal year and achieved revenues of over $1 billion for the first time in Company history

Bally ache Will the accounting pains ever end?
Sep 01, 2004, Fitness Business Pro, by Pamela Kufahl, senior editor
CHICAGO Bally Total Fitness is facing more turmoil in a year in which the company has already seen its share. The latest chapter involves postponement of the release of Bally's second quarter 2004 financial results, filing of its Form 10Q quarterly report with the Securities and Exchange Commission (SEC) and a possible restatement of financials. The company is already facing an investigation by the

Bally Actively Seeks Buyer
Apr 01, 2006, Fitness Business Pro
CHICAGO An ongoing Securities and Exchange Commission investigation, hundreds of millions of dollars in debt and a wave of missed financial reporting deadlines are swirling around Bally Total Fitness as the health club operator actively seeks a buyer for its nearly 390 health clubs. While walking the show floor at the International Health Racquet and Sportsclub Association convention (IHRSA), CEO

Bally Plans Quick Emergence From Bankruptcy
Sep 01, 2007, Fitness Business Pro, Stuart Goldman
CHICAGO The amount of time Bally Total Fitness spends in bankruptcy may be less than the amount of time industry observers spent speculating about when the Chicago-based company would file for bankruptcy. A hearing was scheduled for Sept. 17 in the U.S. Bankruptcy Court for the Southern District of New York to confirm Bally's amended plan of reorganization. After confirmation, Bally expected to implement

Bally Closes One Club After Court Approves Its Plan
Oct 01, 2007, Fitness Business Pro, Stuart Goldman
CHICAGO After all the dust has settled, it appears that Bally Total Fitness, Chicago, will not only emerge from bankruptcy faster than analysts predicted, but it also appears the number of Bally casualties as a result of bankruptcy has been greatly exaggerated. A bankruptcy court ruled on Sept. 17 that Bally had met all the requirements to confirm its Chapter 11 plan of reorganization. With this ruling

Balancing Bally
Sep 01, 2006, Fitness Business Pro, By Amy Florence Fischbach, managing editor
When Bally Total Fitness tabled plans to find a buyer, lowered its cash flow projections by 10 to 20 percent and dismissed Paul Toback, chairman and CEO, the fitness chain's top two shareholders jumped into action. Pardus Capital Management, which owns 14.8 percent of Bally's shares, and Liberation Investment Group, which has an 11.2 percent stake in Bally, both signed confidentiality agreements with

Bally Denies Negligence in AED Lawsuit | In a court filing last month, Bally Total Fitness, Chicago, denied allegations that it was negligent in the death of a Maryland man who collapsed and died in a Bally club.
Apr 01, 2008, Fitness Business Pro, Stuart Goldman
Chicago In a court filing last month, Bally Total Fitness, Chicago, denied allegations that it was negligent in the death of a Maryland man who collapsed and died in a Bally club. Bally responded to written questions regarding the fourth count of a complaint in a lawsuit filed by plaintiff Lois M. Fowler, the mother of Gary Fowler, who died in 2005. Fowler died of sudden cardiac arrest while exercising