Bankruptcy

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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
Rudy Giuliani, worth less than $10 million and facing a $148 million defamation judgment, files for bankruptcy
Finance

Rudy Giuliani, worth less than $10 million and facing a $148 million defamation judgment, files for bankruptcy

By Michael R. Sisak, Larry Neumeister and The Associated Press
December 21, 2023
Bird attracted $500m in venture capital to make electric scooters the urban vehicle of choice. Now it’s filed for bankruptcy as it tries to survive
Finance

Bird attracted $500m in venture capital to make electric scooters the urban vehicle of choice. Now it’s filed for bankruptcy as it tries to survive

By
December 21, 2023
Bankrupt SmileDirectClub shuts down, says its ‘Lifetime Smile Guarantee’ is canceled — but Smile Pay users are expected to keep paying
Finance

Bankrupt SmileDirectClub shuts down, says its ‘Lifetime Smile Guarantee’ is canceled — but Smile Pay users are expected to keep paying

By
December 11, 2023
Once high-flying SmileDirectClub, valued at $8.9 billion just 4 years ago, to shut down after last-minute push to save it collapses
Health

Once high-flying SmileDirectClub, valued at $8.9 billion just 4 years ago, to shut down after last-minute push to save it collapses

By Jeremy Hill and Bloomberg
December 8, 2023
Remington Arms
Finance

Far-reaching Sandy Hook fallout sees Remington gun factory in Upstate New York dating to 19th century set to close

By
December 4, 2023
a bird's eye view of Nottingham city
Finance

Major British city declares bankruptcy as inflation and growing social care costs blow a $29 million hole in its budget

By
November 30, 2023
Alex Jones
Politics

Bankrupt Alex Jones is on the hook to Sandy Hook parents for $1.5 billion, but they just said in court they’d settle for $85 million

By Dave Collins and The Associated Press
November 28, 2023
The Profit - Season 1
Retail

Bed Bath & Beyond investor slams the board chair for allegedly accusing reality star colleague Marcus Lemonis of a ‘secret nefarious plot’ and refusing his help

By
November 21, 2023
FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse
Companies

FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse

By
November 11, 2023

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