organization in a government responsible for specific functions
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/
Pirch, luxury appliance retailer, files for bankruptcy: Pirch estimated it has 1,000 to 5,000 creditors and liabilities of $100 million to $500 million ...
ocregister.com/2024/04/22/pirch-luxury-appliance-retailer-files-for-bankruptcy/
Giuliani loses bid to dismiss $148 million defamation judgment : Rudy Giuliani lost his bid on Monday to dismiss the $148 million verdict handed to him last year ...
thehill.com/regulation/court-battles/4595911-giuliani-loses-bid-to-dismiss-148-million-defamation-judgment/
Katie Price declared bankrupt for second time: The model has been declared bankrupt by a High Court judge over a "substantial" unpaid tax bill.
bbc.com/news/uk-68600426
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
Giuliani bankruptcy creditors fire off subpoenas to try to establish whether Trump owes him money
independent.co.uk/news/world/americas/us-politics/rudy-giuliani-bankruptcy-trump-subpoena-b2531992.html
Diocese of Rockville Centre's $200M settlement rejected by 86% of childhood clergy sexual abuse survivors
newsday.com/long-island/clergy-sexual-abuse-survivors-settlement-diocese-of-rockville-centre-k9mikn5g
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
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/
Boeing crisis: How mid-air blowout could imperil DOJ crash agreement from 2021: U.S. authorities are facing fresh pressure from families of the victims of two ...
reuters.com/business/aerospace-defense/how-boeings-latest-crisis-could-imperil-its-2021-doj-crash-agreement-2024-04-09/
Quick Glance: Boeing Whistleblower Warns of 787 Fuselage Failure
- The Federal Aviation Administration is investigating a Boeing engineer’s claims that the company took manufacturing shortcuts on two wide-body jets, with potentially catastrophic outcomes.
- Sam Salehpour went public in a New York Times story, describing how he believes sections of the 787 Dreamliner fuselage are improperly fastened together.
- Salehpour’s allegations are the latest dip in a turbulent period for the airplane manufacturing giant, which has been dealing with other issues including past crashes and quality control problems.
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/
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
Today in Norway: A roundup of the latest news on Thursday: Potential public transport bankruptcy could lead to a billion kroner loss for Oslo ...
thelocal.no/20240411/today-in-norway-a-roundup-of-the-latest-news-on-thursday-148
‘Soul murder’: Clergy abuse survivors testify about torment Baltimore archdiocese bankruptcy case
baltimoresun.com/2024/04/08/archdiocese-bankruptcy-survivor-testimony/
RUNNING ON EMPTY: Industry analysts warn why the startup could become the latest victim to Tesla's market dominance. www.foxbusiness.com/lifestyle/ev-maker-slashes-prices-as-it-tries-to-avoid-bankruptcy
Signa founder René Benko files for insolvency: Austrian entrepreneur and Signa founder René Benko has filed for insolvency as an entrepreneur ...
zdf.de/nachrichten/wirtschaft/benko-signa-unternehmer-insolvenz-100.html
IT company ConvergeOne files for bankruptcy to slash $1.6 bln in debt: Information technology service provider ConvergeOne filed for Chapter 11 bankruptcy ...
reuters.com/legal/transactional/it-company-convergeone-files-bankruptcy-slash-16-bln-debt-2024-04-04/
Workers Lost Millions to California's Worst Known Wage Thief. And He's Still in Business | KQED
kqed.org/news/11979626/workers-lost-millions-to-californias-worst-known-wage-thief-and-hes-still-in-business
Sam Bankman-Fried's Likely to Get Out of Jail Early: Legal pathways may reduce Bankman-Fried's 25-year sentence that could see him free by 2036 ...
newsweek.com/sam-bankman-fried-jail-early-sentence-reduction-legal-nuances-ftx-collapse-1884787
Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
- Sam Bankman-Fried received a 25-year prison sentence. Key details from the court hearing in New York were summarized, focusing on his defense lawyer's arguments and the judge's ruling.
- The judge criticized SBF's lack of remorse, noting that he had never expressed a word of regret for committing terrible crimes. Customers who lost money in the collapse reported experiencing nightmares.
- SBF admitted to making a series of poor decisions but claimed that customers could be reimbursed. The judge pointed out that the assertion that customers would be fully repaid through the bankruptcy process was misleading.
- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
WeWork Predicts $8 Billion in Rent Savings After Bankruptcy Ends: Bankrupt coworking company WeWork is nearly finished shrinking its money-losing real estate ...
bloomberg.com/news/articles/2024-04-02/wework-predicts-8-billion-in-rent-savings-after-bankruptcy-ends
Potential settlement with Diocese of Rockville Centre vote delayed to give survivors of sex abuse more time
newsday.com/long-island/religion/rockville-centre-diocese-catholic-church-arjh612o
Retail chain fights to stop Chapter 11 bankruptcy, store closures
charlotteobserver.com/news/business/article287240300.html
Big shipping company files for Chapter 11 bankruptcy
charlotteobserver.com/news/business/article287251765.html
Paid articlePaid Ex-Weil partner selected as new bankruptcy judge in Houston: A former Weil, Gotshal & Manges partner has been picked to fill a vacancy in the busy Houston, Texas ...
reuters.com/legal/government/ex-weil-partner-selected-new-bankruptcy-judge-houston-2024-04-03/
OC bookie at center of gambling scandal thought link to Ohtani would help business
ocregister.com/2024/03/27/bookie-at-center-of-gambling-scandal-thought-link-to-ohtani-would-help-business/
Silicon Valley biopharmaceutical company files for Chapter 11 bankruptcy: Eiger Biopharmaceuticals Inc., based in Palo Alto, filed for bankruptcy after its board ...
mercurynews.com/2024/04/01/eiger-biopharmaceuticals-files-for-chapter-11-bankruptcy/
Sacramento Catholic Diocese files for bankruptcy reorganization in wake of abuse lawsuits
sacbee.com/news/local/article287273205.html
Airspan Networks Seeks Quick Bankruptcy: Airspan Networks Holdings Inc. won court approval to try to cut debt in bankruptcy under a quicker-than-normal schedule ...
bloomberg.com/news/articles/2024-04-02/airspan-child-of-wall-street-spac-craze-seeks-quick-bankruptcy
Paid articlePaid Corporate Transparency Act creates uncertainty in administering bankruptcy cases: Schuyler G. Carroll, Bethany D. Simmons and Noah Weingarten of Loeb & Loeb LLP ...
reuters.com/legal/litigation/corporate-transparency-act-creates-uncertainty-administering-bankruptcy-cases-2024-04-02/
Shoes for Crews Files Bankruptcy With Plans to Sell to First-Lien Lenders: Slip-resistant footwear maker Shoes for Crews filed for bankruptcy with plans to sell ...
bloomberg.com/news/articles/2024-04-02/footwear-maker-shoes-for-crews-files-bankruptcy-with-sale-plans
Paid articlePaid
State schools facing ‘bankruptcy’ and closure over existential funding threat: Current public spending plans mean a 'very serious risk' that some ...
inews.co.uk/news/education/state-schools-facing-bankruptcy-and-closure-over-existential-funding-threat-2979502
Rite Aid moves ahead on restructuring as sale efforts continue: Rite Aid, one of the largest U.S. pharmacy chains, received permission from a U.S ...
reuters.com/business/healthcare-pharmaceuticals/rite-aid-moves-ahead-restructuring-sale-efforts-continue-2024-03-28/
New UAE bankruptcy law to ensure safer business ecosystem - News | Khaleej Times: The new law repeals an earlier law introduced in 2016
khaleejtimes.com/business/new-uae-bankruptcy-law-to-ensure-safer-business-ecosystem
Trustee plans to wind down St. Petersburg nonprofit that lost $100 million : Roughly 2,000 trust funds will be transferred from the bankrupt Center for Special ...
tampabay.com/news/health/2024/03/29/stpetersburg-special-needs-trust-fund-center-bankruptcy/
Paid articlePaid
Rite Aid Forges Path To Financial Recovery With Major Settlement: Report - Rite Aid (OTC:RADCQ)
benzinga.com/news/24/03/37952625/rite-aid-forges-path-to-financial-recovery-with-major-settlement-report
Newcastle United co-owner loses in bankruptcy row with Greek shipping tycoon: Newcastle United football club co-owner Amanda Staveley on Monday lost a London ...
reuters.com/sports/soccer/newcastle-united-co-owner-loses-bankruptcy-row-with-greek-shipping-tycoon-2024-03-25/
OC bookie at center of gambling scandal thought link to Ohtani would help business
ocregister.com/2024/03/27/bookie-at-center-of-gambling-scandal-thought-link-to-ohtani-would-help-business/
FBI is investigating Eastside real estate firm iCap, lawyers say: The investigation follows allegations last month that the company operated a Ponzi scheme.
seattletimes.com/business/real-estate/fbi-is-investigating-eastside-real-estate-firm-icap-lawyers-say/
Consumer lender Curo files for bankruptcy to cut $1 bln in debt: Consumer finance company Curo Group filed for bankruptcy protection in Texas on Monday ...
reuters.com/legal/litigation/consumer-lender-curo-files-bankruptcy-cut-1-bln-debt-2024-03-25/
SBF sentencing: Judge to consider FTX funds, neurodivergence claim: As Sam Bankman-Fried's sentencing date approaches, the judge is being asked to consider ...
businessinsider.com/sbf-sentencing-ftx-customers-get-money-back-should-it-matter-2024-3
Paid articlePaidQuick Glance: The Rise and Fall of Sam Bankman-Fried: Unrepentant Ex-Mogul Faces Lengthy Prison Term
- Sam Bankman-Fried, founder of FTX cryptocurrency exchange, was found guilty of wire fraud and money laundering conspiracy.
- Prosecutors urged a 40 to 50-year sentence to emphasize the severity of harm to victims and deter financial misconduct.
- Victims shared impact statements detailing loss of savings and financial distress caused by Bankman-Fried's actions.
- Once a prominent figure in the crypto world, Bankman-Fried faced accusations of embezzling funds and engaging in fraudulent activities.
Evergrande's liquidators say company, SJ and Tianji withdraw Chapter 15 applications in US
reuters.com/business/evergrandes-liquidators-say-company-sj-tianji-withdraw-chapter-15-applications-2024-03-24/
Could Donald Trump go bankrupt? His money and net worth examined: The ex-president boasts of having half a billion pounds cash — but if his pockets really are ...
thetimes.co.uk/article/donald-trump-bankrupt-net-worth-money-bond-jt8j2dxnm
Paid articlePaid
Katie Price's reasons for ditching court hearing: 'Dealing with serious stuff': Katie Price, who was declared bankrupt a second time, has maintained that she ...
thenews.com.pk/latest/1169916-katie-prices-reasons-for-ditching-court-hearing-dealing-with-serious-stuff
FTX customers in line for higher payouts as crypto prices soar: Administrators raise $884mn from partial sale of stake in AI start up Anthropic
ft.com/content/ee1579c1-9837-4262-bafa-053cde94e538
Paid articlePaid Nursing home co. Petersen Health likely to break up in bankruptcy sale: Elder care company Petersen Health Care plans to sell its nursing homes to new care ...
reuters.com/legal/litigation/nursing-home-co-petersen-health-likely-break-up-bankruptcy-sale-2024-03-22/
Ex Rangers' directors threaten to bankrupt blogger over false 'gangster' claims: Bus tycoons, Sandy and James Easdale, warned they will pursue Paul Hendry after ...
dailyrecord.co.uk/news/former-rangers-directors-threaten-bankrupt-32425066
FTX Creditor Platform Buys $60 Million in Bankruptcy Claims: When FTX collapsed in Nov. 2022, Louis d’Origny was just one of more than a million customers who ...
bloomberg.com/news/articles/2024-03-21/platform-built-by-former-ftx-exec-snaps-up-60-million-in-claims
Paid articlePaid
Major healthcare facilities operator files Chapter 11 bankruptcy: 50-year-old nursing home operator files Chapter 11 bankruptcy after defaulting on over $50 ...
miamiherald.com/news/business/article287028360.html
McKinney man sentenced to five years for hiding PPP loans during bankruptcy: A McKinney man has been sentenced to 60 months in federal prison for concealing ...
dallasnews.com/business/2024/03/22/mckinney-man-sentenced-to-five-years-for-hiding-ppp-loans-during-bankruptcy/
Drugmaker Endo receives US court approval for bankruptcy restructuring: Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has ...
reuters.com/business/healthcare-pharmaceuticals/drugmaker-endo-receives-us-court-approval-bankruptcy-restructuring-2024-03-19/
Major airline learns its Chapter 11 bankruptcy fate: The airline industry has suffered since the covid pandemic changed how and when people travel.
miamiherald.com/news/business/article286923920.html
Bankrupt former son-in-law of Bernie Ecclestone wins court battle over centuries-old painting
independent.co.uk/news/uk/home-news/bernie-ecclestone-court-dispute-son-painting-b2516989.html
Baltimore Archbishop Lori commits ‘to hear directly from the survivors’ in court: Catholic Church attorneys say Archbishop William Lori would attend two proposed ...
baltimoresun.com/2024/03/20/baltimore-lori-proposed-victim-testimony/
SAS Wins Bankruptcy Court Approval on Airline’s Debt Restructuring: Scandinavian airline SAS AB won bankruptcy court approval on a debt restructuring funded by a ...
bloomberg.com/news/articles/2024-03-19/airline-sas-wins-court-approval-on-1-2-billion-restructuring
Paid articlePaid Rudy Giuliani should sell $3.5 million Florida condo, creditors say: Rudy Giuliani may have to sell his $3.5 million Palm Beach, Florida home in his ongoing ...
businessinsider.com/rudy-giuliani-sell-3-5-million-florida-condo-creditors-2024-3
Paid articlePaid
Private individuals less affected: Number of insolvencies rises significantly in January
n-tv.de/wirtschaft/Zahl-der-Insolvenzen-steigt-im-Januar-deutlich-article24741231.html
Private individuals less affected: Number of insolvencies rises significantly in January
n-tv.de/wirtschaft/Zahl-der-Insolvenzen-steigt-im-Januar-deutlich-article24741231.html
Hedge fund manager faces arrest over $533 million taken from ed-tech startup: A U.S. bankruptcy judge on Thursday ordered the arrest of William Cameron Morton ...
reuters.com/business/hedge-fund-manager-faces-arrest-over-533-million-taken-ed-tech-startup-2024-03-14/
Reality TV star Katie Price has been fined for driving without a licence or insurance. The bankrupt former model was spotted by an officer who recognised her ... Show more www.birminghammail.co.uk/news/showbiz-tv/katie-price-fined-driving-offences-28805801
Byju’s must freeze over Rs 44K crore in win for Lenders, Judge says
deccanherald.com/business/companies/byjus-must-freeze-over-rs-44k-crore-in-win-for-lenders-judge-says-2937718
Corrie's Bill Roache given three months to clear debt as he tries to sell home: The Coronation Street actor's hearing commenced on Monday at insolvency ...
mirror.co.uk/3am/celebrity-news/corries-bill-roache-given-three-32322893
A United States Bankruptcy Court has ruled in favour of #Byju 's term loan lenders, as per a release on March 15 from the steering committee of the ad hoc group ... www.livemint.com/companies/news/us-bankruptcy-court-rules-in-favour-of-byjus-term-loan-lenders-11710481397196.html
New Jersey Catholic diocese's $87.5 mln abuse settlement approved: A U.S. bankruptcy judge on Thursday approved the Diocese of Camden's Chapter 11 bankruptcy ...
reuters.com/legal/government/new-jersey-catholic-dioceses-875-mln-abuse-settlement-approved-2024-03-14/
Las Vegas judge denies former operator of failed Midland dam attempted bankruptcy filing
freep.com/story/news/local/michigan/2024/03/14/operator-failed-dam-file-banunable-pursue-bankruptcy-case-nevada/72974561007/
Rite Aid advisers rake in millions. Opioid victims brace for nothing: Rite Aid faced more than 1,600 opioid lawsuits when it filed for bankruptcy ...
bloomberg.com/news/features/2024-03-08/rite-aid-opioid-settlement-victims-will-likely-get-no-payout
Paid articlePaid Bankrupt Terraform gets OK to hire law firm Dentons, with return of $48 mln from retainer
reuters.com/legal/government/bankrupt-terraform-gets-ok-hire-law-firm-dentons-with-return-48-mln-retainer-2024-03-12/
Awful twist after woman wins auction: EXCLUSIVE
news.com.au/finance/real-estate/buying/brisbane-academic-facing-bankruptcy-over-448k-home-bungle/news-story/858858374bf07ccfc507c1628d0c62d4
Detroit police, fire pensioners appeal bankruptcy ruling to extend payments: At the 30-year determined rate, the city will complete its debt obligations in 2054 ...
detroitnews.com/story/news/local/detroit-city/2024/03/12/detroit-police-fire-pensioners-appeal-bankruptcy-ruling-to-extend-payments/72942994007/
Vodacom, please call Makate, it’s overdue: So far Makate’s actions are worthy of respect, highlighting Vodacom’s moral bankruptcy in the pursuit of profit ...
timeslive.co.za/sunday-times/business/opinion/2024-03-10-vodacom-please-call-makate-its-overdue/
Paid articlePaid
Government 'not doing nearly enough' to tackle obesity, says former Tory health minister
standard.co.uk/news/health/obesity-uk-the-lancet-government-sugar-tax-lord-bethell-tory-b1142525.html
Latest J&J talc trial ends with hung jury: The latest trial over claims that Johnson & Johnson's talc products cause cancer ended in a mistrial on Tuesday ...
reuters.com/legal/latest-jj-talc-trial-ends-with-hung-jury-2024-03-05/
Days before festival cancellation, bailiff seized assets from Just for Laughs: Company failed to make a court-ordered payment to a former employee.
montrealgazette.com/news/local-news/days-before-festival-cancellation-bailiff-seized-assets-from-just-for-laughs
Paid articlePaid NerdWallet says it did not file for bankruptcy, cites fraudulent filing: NerdWallet Inc said on Saturday that it did not file for bankruptcy ...
reuters.com/business/finance/nerdwallet-says-it-did-not-file-bankruptcy-cites-fraudulent-filing-2024-03-02/
Quick Glance: NerdWallet Denies Bankruptcy Filing, Alleges Fraudulent Submission
- On Saturday, NerdWallet stated that it had not submitted a bankruptcy filing and pointed to a fraudulent submission on an electronic access service for US federal court documents.
- The submission that appeared on Saturday was signed by an individual named Robert Johnson and included an address in Buffalo, New York.
- The provided corporate address seemed to be a residential one.
- Reported by Maria Ponnezhath in Bengaluru; Edited by Cynthia Osterman
Drugmaker Endo reaches $465 mln bankruptcy settlement with US: Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal ...
reuters.com/business/healthcare-pharmaceuticals/drugmaker-endo-reaches-465-mln-bankruptcy-settlement-with-us-government-2024-02-29/
Squatter takes over family’s $3m dream home: A New York City couple’s plan to move into a $3 million ($US2 million) dream home to retire in with their disabled ...
news.com.au/finance/money/wealth/squatter-takes-over-familys-3-million-new-york-city-dream-home/news-story/65cb96b3a11d6208631d14b8999c5d53
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