economic activity done by a businessperson
Chicago-based Dutch Farms bids ‘north of $20M’ to buy bankrupt Oberweis Dairy: Brian Boomsma, the owner of Chicago-based Dutch Farms, made the stalking horse bid ...
chicagotribune.com/2024/04/23/chicago-based-dutch-farms-makes-bid-to-buy-bankrupt-oberweis-dairy/
Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp: Red Lobster has a new CEO and is focused on possible restructuring through Chapter ...
goodmorningamerica.com/food/story/red-lobster-eyes-bankruptcy-option-after-11m-losses-109376206
Quick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Developer of St. Paul’s Keg & Case food hall declares bankruptcy: Craig Cohen listed the West Seventh neighborhood project when filing for Chapter 7 bankruptcy ...
startribune.com/keg-case-st-paul-bankruptcy-foreclosure-craig-cohen-midwestone-bank-schmidt-brewery-rathskeller/600360763/
Express files for bankruptcy; closing more than 100 stores: Trendy fashion retailer Express Inc. has filed for bankruptcy after consistently struggling with ...
cnn.com/2024/04/22/business/express-bankruptcy/
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
usatoday.com/story/money/food/2024/04/22/tijuana-flats-bankruptcy-closing-locations/73409662007/
Red Lobster may file for bankruptcy protection: report: Seafood restaurant chain Red Lobster may be headed for bankruptcy, according to a published report.
marketwatch.com/story/red-lobster-may-file-for-bankruptcy-protection-report-41f1b001
Adam Neumann shares new details on how he wants to transform apartment living: In an exclusive, Neumann shares why he believes Flow is a tech company and why he ...
businessinsider.com/adam-neumann-opens-up-about-his-startup-transform-apartment-living-2024-4
Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
reuters.com/business/autos-transportation/fisker-may-seek-bankruptcy-protection-30-days-if-unable-meet-debt-obligations-2024-04-23/
Red Lobster may file for bankruptcy? Bad news for anyone looking to go on a terrible anniversary dinner Dulcé Sloan
US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Justice Department officials plan to decide as soon as late May whether Boeing ...
reuters.com/legal/litigation/us-decide-by-late-may-if-boeing-violated-prosecution-deal-sources-say-2024-04-24/
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Gateway Pundit files for bankruptcy after election conspiracy defamation lawsuits
npr.org/2024/04/24/1246998565/gateway-pundit-bankruptcy-defamation
Quick Glance: Gateway Pundit Files Bankruptcy Amid Election Fraud Defamation
- The Gateway Pundit, known for spreading falsehoods and conspiracy theories, has filed for bankruptcy and is facing multiple defamation lawsuits.
- The owners, Jim and Joe Hoft, are dealing with lawsuits from Georgia election workers and a former Dominion Voting Systems official.
- Jim Hoft stated that the bankruptcy is to consolidate lawsuits, although Chapter 11 bankruptcies are primarily meant to assist small businesses in restructuring.
- Despite delays, legal proceedings have significant impacts on sites like Infowars and The Gateway Pundit, as juries do not tolerate powerful individuals spreading lies and disrupting lives.
McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
reuters.com/business/healthcare-pharmaceuticals/mckinsey-faces-us-criminal-probe-over-opioids-work-sources-say-2024-04-24/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Bankrupt fast-food chain exits Chapter 11; to expand size 4 times
charlotteobserver.com/news/business/article287996055.html
FTX Auction: Pantera Capital Buys Another Trove of Solana Tokens (SOL): Pantera Capital was among the winning bidders for another trove of discounted Solana ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-buys-another-trove-of-solana-tokens-from-ftx-estate
SC Potsdam: New financial gap caused by volleyball Bundesliga - is now in danger of bankruptcy?
maz-online.de/lokales/potsdam/sc-potsdam-neue-finanzluecke-durch-volleyball-bundesliga-droht-nun-die-insolvenz-KQWGTKOVCFBTXHCXNALG5JPY2U.html
Paid articlePaid
Clover Food Lab emerges from bankruptcy with growth plans: Boston’s vegetable-based fast food chain has pared back expenses but held onto most of its suppliers ...
bostonglobe.com/2024/04/24/business/clover-food-lab-bankruptcy/
Another popular beer, brewery brand files Chapter 11 bankruptcy: It has been a dark period for breweries with countless brands going out of business.
kentucky.com/news/business/article287727930.html
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
Paid articlePaid
Nationwide fast-food chain files surprise Chapter 11 bankruptcy: The nationwide chain faced deep competition that led to huge financial problems.
sacbee.com/news/business/article287854890.html
Rite Aid to close 16 more stores, including 4 in Pa.: Since October, the company has announced in bankruptcy filings the closings of more than 400 stores.
pennlive.com/business/2024/04/rite-aid-to-close-16-more-stores-including-4-in-pa.html
Restaurant chain files for bankruptcy, closes 11 locations: The chain was founded 30 years ago.
pennlive.com/business/2024/04/restaurant-chain-files-for-bankruptcy-closes-11-locations.html
Fear of personal bankruptcy: family asks for help: After the fire in the Pfortmühle near Schafhausen, the family asked for financial help ...
allgemeine-zeitung.de/lokales/alzey/pfortmuehle-eigentuemer-bitten-um-unterstuetzung-3512355
Express clothing retailer closing Santa Clara and Emeryville stores; sales start today
mercurynews.com/2024/04/23/express-clothing-retailer-closing-santa-clara-and-emeryville-stores-sales-start-today/
Chipotle's avocado-cutting robot, Coca-Cola's AI bet, Express' bankruptcy: Retail news roundup
qz.com/express-chipotle-amazon-coca-cola-lululemon-retail-news-1851436344
FTX to Auction Off More Solana Tokens This Week, Potential Bidders Say: The bankruptcy estate of the failed FTX cryptocurrency exchange plans to auction off ...
trib.al/vtjytbe
Bankruptcy allowed Mallinckrodt to end Acthar royalties, 3rd Circ. rules: Mallinckrodt's bankruptcy permitted the drug company to end a perpetual royalty ...
reuters.com/legal/litigation/bankruptcy-allowed-mallinckrodt-end-acthar-royalties-3rd-circ-rules-2024-04-25/
2024's Retail Distress List is Growing, But Also No New Surprises: Asos, JCPenney, Neiman Marcus, Rent The Runway, Stitch Fix, and The RealReal are on the list ...
sourcingjournal.com/topics/retail/asos-jcpenney-neiman-rent-runway-stitch-fix-realreal-credit-bankruptcy-watch-504903/
Paid articlePaid
Even rich Switzerland has to save money - the financial party is over: Debts are increasing. What to do? Just keep going into debt? Economically ...
nzz.ch/meinung/die-alten-das-klima-das-geld-die-finanzparty-ist-vorbei-sogar-die-reiche-schweiz-muss-sparen-ld.1827586
Man gave showjumping partner cash from €127,000 inheritance to buy horse before going bankrupt with debts of €
independent.ie/irish-news/courts/man-gave-showjumping-partner-cash-from-127000-inheritance-to-buy-horse-before-going-bankrupt-with-debts-of-500000/a1039187213.html
Paid articlePaid
Rite Aid to close 13 additional locations in 5 states, court docs say: Rite Aid has announced plans to close 13 additional stores after filing for Chapter 11 ...
fox8.com/news/more-rite-aids-in-ne-ohio-closing/
LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol: LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing ...
reuters.com/business/aerospace-defense/latam-scraps-plan-acquire-boeing-b737s-after-talks-end-with-bankrupt-gol-2024-04-24/
Red Lobster Is Reportedly Heading For Bankruptcy After Losing Millions On Endless Shrimp
delish.com/food-news/a60524728/red-lobster-bankruptcy/
Express will close more than 100 stores after filing for bankruptcy: The fashion retailer said it plans to conduct business as usual and without interruption
qz.com/express-chapter-11-bankruptcy-store-closures-1851426096
Nationwide fast-food chain files surprise Chapter 11 bankruptcy
kentucky.com/news/business/article287854890.html
Restaurant bankruptcies and the thousands of cuts. Tijuana Flats’ Chapter 11 follows Oberweis filing and rumors of Red Lobster reorganization Restaurant bankruptcies and the thousands of cuts | Nation's Restaurant News
See which Tijuana Flats in Tampa Bay have closed after bankruptcy filing: Other local locations will remain open.
tampabay.com/life-culture/food/food-news/2024/04/22/tampa-bay-tijuana-flats/
Paid articlePaid Iconic ice cream brand files for Chapter 11 bankruptcy
kentucky.com/news/business/article287708905.html
👑 This King’s Day we’re celebrating the kings and queens responsible for making Dutch companies thrive, who also happen to be speaking at TNW Conference this ... Show more
TNW Conference 2024 - Tickets
TNW Conference 2024 - Tickets
Key shipping company shutters operations; bankruptcy uncertain
charlotteobserver.com/news/business/article287923415.html
Beloved seafood restaurant chain is considering bankruptcy: The chain would be able to continue operating during Chapter 11 bankruptcy.
pennlive.com/business/2024/04/beloved-seafood-chain-is-considering-chapter-11-bankruptcy.html
Paid articlePaid LATAM's share of Brazil airline market hits 11-year high as Gol drops: LATAM Airlines' share of Brazil's domestic market reached its highest level in 11 years in ...
reuters.com/business/aerospace-defense/latams-share-brazil-airline-market-hits-11-year-high-gol-drops-2024-04-22/
Red Lobster considers bankruptcy. Are Ohio locations affected? What we know: Red Lobster is looking to file for Chapter 11 bankruptcy. Are restaurants in Ohio ...
cincinnati.com/story/news/2024/04/22/red-lobster-bankruptcy-restaurants-ohio-stay-open-what-we-know/73414463007/
Mall retailer considers Chapter 11 bankruptcy as cash dwindles
charlotteobserver.com/news/business/article287669605.html
WeWork Creditors Demand Company Negotiate with Potential Buyers: Coworking giant WeWork Inc. should be forced to negotiate with potential buyers ...
bloomberg.com/news/articles/2024-04-22/wework-creditors-demand-company-negotiate-with-potential-buyers
Paid articlePaid
Donald Trump Poses a Unique Threat to Truth Social, Says Truth Social: A new SEC filing details all the ways that Trump Media thinks Donald Trump himself could ...
wired.com/story/donald-trump-truth-social-risks/
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
Creditor Betrayals Pit Invesco Against Bain in Bankruptcy Rumble: Matthew Brooks stared at the numbers glowing on his screen in disbelief. Somehow ...
bloomberg.com/news/articles/2024-04-18/creditor-betrayals-pit-invesco-against-bain-in-bankruptcy-rumble
Paid articlePaid
Bally Sports owner banks on streaming TV growth, expects Amazon Prime deal by October
omaha.com/sports/professional/bally-sports-owner-banks-on-streaming-tv-growth-expects-amazon-prime-deal-by-october/article_838a8295-0f30-5b97-b729-89145bf098c1.html
Bankrupt essential retailer closing more stores across nation : The huge retailer continues closing its stores in bankruptcy.
thestreet.com/retail/bankrupt-essential-retailer-closing-more-stores-across-nation
TabaPay Agrees To Acquire Struggling Synapse’s Assets: TabaPay said the purchase follows a bankruptcy filing by Synapse, a banking-as-a-service fintech backed by ...
forbes.com/sites/emilymason/2024/04/19/tabapay-agrees-to-acquire-struggling-synapses-assets/
Fisker in trouble - AUTO BILD: US car manufacturer Fisker wants to significantly reduce its inventory - and is cutting prices both in the USA and in Germany.
autobild.de/artikel/fisker-in-der-bredouille-25714941.html
Diamond Sports to Hold Vote on Bankruptcy-Exit Plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by Amazon.com Inc ...
bloomberg.com/news/articles/2024-04-17/sports-broadcaster-diamond-to-hold-vote-on-reorganization-plan
Paid articlePaid Rite Aid to close 17 more stores, including 6 in Pa.: The pharmaceutical retailer has announced the closing of more than 400 stores since it filed for bankruptcy ...
pennlive.com/business/2024/04/rite-aid-to-close-17-more-stores-including-6-in-pa.html
Paid articlePaid Rite Aid (RADCQ) Delays Key Bankruptcy Hearing on Deal to Cut $2 Billion in Debt: Drug store chain Rite Aid Corp. put off a key court hearing in order to ...
bloomberg.com/news/articles/2024-04-18/rite-aid-delays-key-hearing-on-bankruptcy-exit-deal-to-cut-debt
Paid articlePaid Oberweis Dairy to lay off 127 workers in wake of bankruptcy filing: The family-owned North Aurora dairy told the state that layoffs would begin June 11 because ...
chicagotribune.com/2024/04/16/oberweis-dairy-layoffs-bankruptcy/
Rangers, Mavs broadcaster Diamond Sports readies for vote on bankruptcy plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by ...
dallasnews.com/business/2024/04/17/rangers-mavs-broadcaster-diamond-sports-readies-for-vote-on-bankruptcy-plan/
Award-winning Chinese processor design company Huaxia Chip files for bankruptcy — firm’s CPU, DSP, GPU, and AI processor IPs in limbo
tomshardware.com/tech-industry/award-winning-chinese-processor-design-company-huaxia-chip-files-for-bankruptcy-firms-cpu-dsp-gpu-and-ai-processor-ips-in-limbo
China is blacklisting debtors from social services like trains, hotels: So-called deadbeat debtors are stigmatized, face travel restrictions and have trouble ...
businessinsider.com/china-blacklisting-debtors-trains-hotels-bankruptcy-2024-4
AMC Stock Is Rising Again. Bankruptcy Is ‘Inconceivable,’ Says CEO.: Shares of the movie theater chain are rising sharply on Wednesday on the heels of a 10% rise ...
barrons.com/articles/amc-stock-bankruptcy-inconceivable-ceo-fbc9917b
Paid articlePaid After Chapter 11 bankruptcy filing retail chain may get lifeline: The popular discount retailer has formally filed for Chapter 11 bankruptcy and hired a firm to ...
charlotteobserver.com/news/business/article287512120.html
Law firm Kirkland conflicted in Invitae bankruptcy, DOJ watchdog says: The U.S. Department of Justice's bankruptcy watchdog said on Monday that genetic test ...
reuters.com/legal/government/law-firm-kirkland-conflicted-invitae-bankruptcy-doj-watchdog-says-2024-04-16/
After Chapter 11 bankruptcy filing retail chain may get lifeline
sacbee.com/news/business/article287512120.html
Law firm accused of fraud in Louisiana hurricane suits files for bankruptcy in Texas
theadvocate.com/baton_rouge/news/business/mma-law-firm-accused-of-la-hurricane-fraud-files-bankruptcy/article_e9132697-c96d-5f9e-b285-71b4b47b4c7f.html
San Antonio eateries El 7 Mares, Guillermo’s file for bankruptcy: El 7 Mares LLC and Guillermo’s LLC are the latest San Antonio restaurant operators to seek ...
expressnews.com/business/article/el-7-mares-guillermos-bankruptcy-restaurants-19393247.php
Vancouver-based BowFlex sold for $37.5 million: A federal bankruptcy court has approved the sale of Vancouver-based BowFlex to Johnson Health Tech Retail for $37 ...
columbian.com/news/2024/apr/15/vancouver-based-bowflex-sold-for-37-5-million/
This Tandem-Seat Electric Three-Wheeler For Sale Is Surprisingly Cool: This Swiss-made, three-wheeled, tandem-seat electric car for sale is surprisingly cool and ...
thedrive.com/news/this-tandem-seat-electric-three-wheeler-for-sale-is-surprisingly-cool
After making insolvency process creditor-driven, can IBC address the delays: Experts point out that though the IBBI data reflects a steady rise in the total ...
business-standard.com/companies/news/after-making-insolvency-process-creditor-driven-can-ibc-address-the-delays-124041400429_1.html
Paid articlePaid Under the Dome, governor’s race edition: The latest poll, plus Robinson’s past tax debts
charlotteobserver.com/news/politics-government/election/article287608440.html
Trichet Sees Public Debt Level More Worrying Than Before Lehman: Government debt has exploded to levels that are more concerning than it was before the ...
bloomberg.com/news/articles/2024-04-12/trichet-sees-public-debt-level-more-worrying-than-before-lehman
Katie Price vows to 'tell the truth' after sparking engagement rumours: Katie Price has confirmed she is releasing a new autobiography which will be her seventh ...
gloucestershirelive.co.uk/news/celebs-tv/this-me-katie-price-tell-9216088
Tampa senior living facility files for bankruptcy, second in 8 years: Residents are being forced to leave Unisen Senior Living, previously known as University ...
tampabay.com/news/florida-politics/2024/04/11/florida-retirement-community-senior-bankruptcy-unisen-insurance/
Rite Aid outlines 53 more store closures across 9 states in recent court filings: In the last week, Rite Aid has announced it will close 53 more store locations.
trib.al/JuvVAuV
Eagle Ford Shale firm exits bankruptcy so it can pay workers: Big River Contractors LLC got a court order dismissing its bankruptcy eight days after it sought ...
expressnews.com/business/article/big-river-contractors-bankruptcy-dismissed-19399201.php
New owners of bankrupt German retailer Galeria to keep 70 stores open ｜ DPA: The new owners of bankrupt German department store chain Galeria Karstadt Kaufhof ...
nordot.app/1150799434618568721
Bloomington-based IT company ConvergeOne files for bankruptcy with $1.8 billion in debt
startribune.com/convergeone-c1-it-information-technology-bankruptcy-debt/600358173/
Owner of San Jose office building headed for foreclosure goes bankrupt: The owner of a San Jose office building whose loan has toppled into delinquency and ...
mercurynews.com/2024/04/11/san-jose-real-estate-office-build-loan-foreclose-buy-sell-economy-tech/
Pennies From Heaven: Dollar Tree, Dollar General Boosted by 99 Cents Bankruptcy: Dollar Tree could be the biggest beneficiary as 99 Cents Only Stores closes ...
barrons.com/articles/dollar-tree-stock-dollar-general-99-cents-2034cb1b
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Downtown Marriott files Chapter 11. It stays open while reorganizing, including public debt
jsonline.com/story/money/real-estate/commercial/2024/04/11/milwaukee-marriott-files-for-chapter-11-bankruptcy-hotel-remains-open/73286242007/
Rite Aid to close 39 more stores, including 6 in Pa.: The company has announced the closing of more than 400 of its stores since filing for bankruptcy in October ...
pennlive.com/news/2024/04/rite-aid-to-close-39-more-stores-including-6-in-pa.html
Paid articlePaid
B.C. Transit sending back loaner electric bus as it looks for new supplier: Proterra previously won a $20-million contract to provide B.C. Transit with 10 ...
timescolonist.com/local-news/bc-transit-sending-back-loaner-electric-bus-as-it-looks-for-new-supplier-8583370
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