Bankruptcy

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Hedge funds that scooped up FTX bankruptcy claims are looking at 9-figure paydays. One investor shares how he could rake in $25 million
Companies

Hedge funds that scooped up FTX bankruptcy claims are looking at 9-figure paydays. One investor shares how he could rake in $25 million

By
March 29, 2024
London’s water supplier set to collapse into ‘special administration’ as shareholders refuse to bail out Thames Water
Finance

London’s water supplier set to collapse into ‘special administration’ as shareholders refuse to bail out Thames Water

By Jessica Shankleman and Bloomberg
March 28, 2024
Photo of Sam Bankman-Fried
Companies

FTX creditors claim their ‘Sam Coins’ aren’t worthless—and are asking a bankruptcy judge to overrule the company’s own valuation

By
March 26, 2024
Millennial activewear brand Outdoor Voices is on the verge of bankruptcy after abruptly closing all its stores: ‘Our chairwoman was posting cat memes the day we were told’
Retail

Millennial activewear brand Outdoor Voices is on the verge of bankruptcy after abruptly closing all its stores: ‘Our chairwoman was posting cat memes the day we were told’

By
March 26, 2024
Wood pellets
Finance

The world’s largest global industrial supplier of wood pellets just filed for bankruptcy with debts over $2.6 billion

By James Pollard and The Associated Press
March 13, 2024
A Blockbuster store closing down sale
Success

Blockbuster’s ex-CEO, still plagued as ‘the guy that failed to keep up with technology’, insists Netflix didn’t kill the video rental giant

By
March 8, 2024
Fisker CEO Henrik Fisker speaks about the all-electric Fisker Ocean SUV
Lifestyle

Tesla rival Fisker’s future is in doubt as the EV carmaker warns it may run out of cash this year and slashes 15% of its workforce

By
March 1, 2024
John Stephens
Retail

Remington leaves the upstate New York village where it made guns for 200 years after a PE takeover and 2 bankruptcies

By Michael Hill and The Associated Press
February 11, 2024
FTX will have an independent examiner in its bankruptcy case as federal appeals court orders one amid concerns about widespread fraud
Companies

FTX will have an independent examiner in its bankruptcy case as federal appeals court orders one amid concerns about widespread fraud

By Randall Chase and The Associated Press
January 23, 2024
Rudy Giuliani
Politics

‘There’s no pot of gold at the end of the rainbow’: Rudy Giuliani’s attorney claims he’s too broke to pay $148 million court judgment

By Jake Offenhartz and The Associated Press
January 20, 2024
What's next for Spirit Airlines, now that it won't be merging with JetBlue? Some Wall Street analysts are starting to raise the possibility of bankruptcy.
Finance

JetBlue’s failed $3.8 billion merger could send Spirit Airlines into bankruptcy, Wall Street analysts warn

By David Koenig and The Associated Press
January 18, 2024
2023 was a worse year for corporate bankruptcies than 2020—and the highest since the GFC—after a stunning 72% surge, S&P Global finds
Finance

2023 was a worse year for corporate bankruptcies than 2020—and the highest since the GFC—after a stunning 72% surge, S&P Global finds

By
January 9, 2024
KING OF PRUSSIA, PA - DECEMBER 11: A woman holds the hand of her daughter while motioning to a man in front of Neiman Marcus at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. The country's largest retail shopping space, the King of Prussia Mall, a 2.7 million square feet shopping destination with more than 400 stores, is owned by Simon Property Group. (Photo by Mark Makela/Getty Images)
Success

Neiman Marcus doubled down on working from anywhere after dumping half a million feet of office space. It has no plans to turn back

By
January 4, 2024
Once high-flying SmileDirectClub, the startup some derided as ‘DIY dentistry,’ is shutting down—here’s where that leaves its customers
Health

Once high-flying SmileDirectClub, the startup some derided as ‘DIY dentistry,’ is shutting down—here’s where that leaves its customers

By Wyatte Grantham-Philips and The Associated Press
December 29, 2023
After rounds of layoffs and a CEO departure, online retailer Zulily says ‘financial instability’ has forced it to shut down
Retail

After rounds of layoffs and a CEO departure, online retailer Zulily says ‘financial instability’ has forced it to shut down

By
December 27, 2023

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