Latest Links: March Business Bankruptcies Down From Last Year, Pittsfield Man Fights Town Over Business Zoning

New Hampshire’s Business And Economic News In Brief

Five New Hampshire businesses file for bankruptcy in March ”Bankruptcy filings in New Hampshire increased in March, but while there were 415 filings — 64 more than in February, but 137, or 25 percent, fewer than March 2011. It was the 15th straight monthly decrease year over year, and the fewest number of bankruptcies filed in March since 2008.” (

Pittsfield: Zone defense ”Four years ago, Dan Schroth’s yard in Pittsfield was a pine forest. Now it’s wide open and scattered with stripped tree trunks as well as several handmade, wooden benches. In the middle of the yard sits the platform where he carved each bench. Next to it, a large sign rests against a stack of firewood: ‘Liberate Pittsfield vote to repeal zoning.’  Those items are reminders not only of the tornado that tore through Schroth’s property in 2008, but also of the bench-making business that he created from the wreckage and his ongoing refusal to comply with Pittsfield’s zoning laws.” (

Regulators Punt Big Cut in Cod Limits ”The National Oceanic and Atmospheric Administration has announced cuts to the catch limits on Atlantic Cod for the 2012 fishing year. But New Hampshire fishermen got a reprieve, since the cuts could have been much worse.” (

Wells Fargo Opens Business for the Ultra-Wealthy ”Wells Fargo & Co opened its new Abbot Downing business on Monday, merging two of its wealth management units under a new brand it hopes will expand its market share of America’s richest families. The new business, catering to ultra-high-net-worth individuals and families with $50 million or more in investable assets, resulted from the combination of Wells’ Family Wealth unit and its Lowry Hill subsidiary. The name Abbot Downing comes from the 19th-century New Hampshire builder of the stagecoaches that have come to represent Wells Fargo.” (


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