Bankruptcy

China Says No Bullet Trains, Vacations Or Luxury Stays For Debt Skippers As Delinquency List Soars to 8M
Will Trump Pull The Bankruptcy Trigger Before NY Civil Fraud Case Deadline? DOJ Veteran Expects A 'Deus Ex Machina' From Third Party
Guess Who's Back? Adam Neumann Reportedly Eyes WeWork As Bankruptcy Looms Large
Will Trump Pull The Bankruptcy Trigger Before NY Civil Fraud Case Deadline? DOJ Veteran Expects A 'Deus Ex Machina' From Third Party
Guess Who's Back? Adam Neumann Reportedly Eyes WeWork As Bankruptcy Looms Large
Mark Cuban's 'Shark Tank' Co-Stars Annoyed Him Into Investing In Austin-Based Company Offering Color-Changing Cat Litter: 'I'm So Tired Of This'
Donald Trump's Legal Quagmire Deepens, Rudy Giuliani Drops 'Unpaid Fees' Bombshell In Bankruptcy Filing

Bankruptcy Recent News

Chinese Court Accepts Wealth Manager Zhongzhi's Bankruptcy Appeal Amid Property Market Turmoil
Zhongzhi, in a letter to its investors in November, had admitted to being heavily insolvent with a debt of around $64 billion.
Rising Tide Of Debt Leads To A Sharp Jump In US Bankruptcy Cases In 2023: Report
Despite this, financial conditions began to ease in the fourth quarter of 2023 after the Federal Reserve signaled the end of its rate-hike cycle.
Tesla Counters Ex-Employee's Bankruptcy Bid In $425K Legal Battle Over Elon Musk Feud
The clash between Tesla and Tripp started over allegations of trade secret breaches and leaking confidential information about Model 3 production delays.
Barry Silbert's DCG Can't Meddle With Genesis Ownership Until Chapter 11 Finalizes: Court
Genesis won a bid to block its parent company, the Barry Silbert-led Digital Currency Group (DCG), from selling or reducing ownership in the company.
What Ebix Inc's Financial Struggles Mean For EbixCash And Its India IPO Ambitions
This story was first published on the Benzinga India portal.
Will FTX Re-Start Operations After Exiting Bankruptcy? Creditors To Vote On Proposal
In its final move to end the bankruptcy case, FTX has taken a step forward to launch a yet-to-be-approved proposal for returning money to creditors.
FTX's Game-Changer: Court Greenlights $744M Grayscale Asset Sale — What This Could Mean For The Crypto Landscape
In a pivotal move, embattled crypto exchange FTX got the necessary court permission to proceed with selling assets from Grayscale Investments and Bitwise, estimated at $744 million.
Genesis, Three Arrows Capital Seeks Court's Approval To Settle For $33M Instead Of $1B
Crypto lender Genesis announced its agreement to pay $33 million to Three Arrows Capital (3AC) to settle the hedge fund's $1 billion in claims.
WeWork Files For Bankruptcy: Ex-CEO Adam Neumann Says, 'Reorganization Will Enable WeWork To Emerge Successfully'
WeWork has witnessed a dramatic corporate downfall, failing an IPO attempt and suffering from the pandemic-induced economic downturn.
Genesis New Bankruptcy Plan Creates Delays, US Trustee Objects Amendments
The U.S. government said the bankruptcy plan by Genesis haf material changes and they should be reviewed again by the company. What Happened: Crypto lender Genesis indicated in its updated bankruptcy plan that it now planned to liquidate assets and not sell them or reorganize.
WeWork Expected To File For Bankruptcy Next Week: Could The Stock See One More Pop?
WeWork Inc (NYSE: WE), the co-office space start-up that was once valued at nearly $50 billion (more than the market cap of Ford), will reportedly file for bankruptcy next week.
Crypto Exchange Bittrex Bids Goodbye To US Due To Regulatory Guidelines Push
Unlike the recent crypto firms declaring bankruptcy, Bittrex was different in two ways one being it voluntarily chose to shut down its U.S. operations and the other being it never restricted customer access to accounts and neither faced funding shortfall.
Breweries In Crisis: From Bud Light's Decline To Metropolitan Brewing's Bankruptcy
While major beer brands like Bud Light are currently facing challenges, smaller brewers aren't necessarily reaping the benefits either. Many craft breweries are grappling with financial difficulties, leading some to shut their doors for
Why Is Liquid Biopsy Firm Biocept Stock Trading Lower Today?
Biocept Inc (NASDAQ: BIOC) filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.
Minerals Technologies Subsidiaries Barretts Minerals And Barretts Ventures Texas File For Bankruptcy
Minerals Technologies Inc (NYSE: MTX) said its subsidiaries, Barretts Minerals Inc (BMI) and Barretts Ventures Texas LLC (together, the Debtors), filed voluntary petitions for relief under Chapter 11 of the U.S.
SmileDirectClub Files For Chapter 11 Bankruptcy Just Four Years After $1.35 Billion IPO
SmileDirectClub Inc. (NASDAQ: SDC), a dental aligner manufacturer, has filed for bankruptcy just a few years after its remarkable $1.35 billion IPO.
Yellow On The Brink: Asset Sale Through Bankruptcy Looms
Kraken's Jesse Powell Says FTX 2.0 'Worse Than Starting From Scratch'
Crypto exchange Kraken's co-founder Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX (CRYPTO:
Trump-Era Bailout Of Trucking Giant Yellow Heads South, Leaving Taxpayers In The Dust
Bankrupt Crypto Firm Voyager Hit By Hackers Amid Liquidation Process: Here's What You Need to Know
Bankrupt crypto firm Voyager Digital Holdings Inc. has reportedly been targeted by hackers during its reopening phase. The platform was reopened for a 30-day period to allow customers to withdraw their remaining assets as part of a court-supervised liquidation process.
FTX Preps Comeback Plan To Resolve 'Exceptionally Large, Complicated Collection Of Claims'
FTX recently detailed its proposed restructuring plan, which aims to facilitate the exchange's revival as an offshore entity.
Celsius Network's Founder Under Arrest As Justice Department Targets Bankrupt Crypto Lender
In a major development, Alexander Mashinsky, the founder and former CEO of Celsius Network (CRYPTO: CEL), has been arrested on charges of
Celsius Network and Former CEO Face Potential Legal Action By US Regulators
The Commodity Futures Trading Commission (CFTC) has found that the now-defunct crypto lender Celsius Network (CRYPTO: CEL) and its previous CEO, Alex Mashinsky, violated U.S. regulations prior to the company's collapse.