Latest News for: Bankruptcy management

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Popular craft brewery files Chapter 11 bankruptcy for an unusual reason

Aiken Standard 27 Jul 2024
Three more shipping companies file for Chapter 11 bankruptcy. In many cases, a craft brewery closing coincided with either a Chapter 7 or Chapter 11 bankruptcy filing ... Bankruptcy Court for the Middle District of Pennsylvania to reorganize.
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Steward Health Care crisis in Massachusetts: Timeline

Boston Herald 27 Jul 2024
Steward filed for bankruptcy on May 6, with the company saying it had “commenced an in-court restructuring process” under Chapter 11 of the U.S. Bankruptcy Code.MAY 8 ... Bankruptcy Court to ...
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Why is Bankruptcy Reorganization So Difficult for Listed Companies?(AI Translation)【周刊提前读】上市公司破产重整为何艰难?多目标同时求解如何平衡?

Caixin Online 27 Jul 2024
The company has been listed for 30 years, with core businesses focusing on modern agriculture and the health food industry ... With a debt crisis it could no longer manage, the company finally entered judicial bankruptcy reorganization in 2024 ... .
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Three more shipping companies file for Chapter 11 bankruptcy

Aiken Standard 26 Jul 2024
Another popular beverage brand files Chapter 11 bankruptcy ... Struggling restaurant chain hits Chapter 11 bankruptcy problem ... More bankruptcy. ... Bankruptcy Court for the Southern District of Florida to reorganize their debts.
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bitFlyer Takes Over FTX Japan: Expands Crypto Custody Services and Eyes ETF Market

Coinspeaker 26 Jul 2024
This acquisition follows FTX Japan’s bankruptcy filing under Chapter 11 of the US Bankruptcy Code. The sale order was approved by the US Bankruptcy Court for the District of Delaware on July 16, 2024.
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bitFlyer Acquires FTX Japan to Expand Crypto Custody Services

CryptoPotato 26 Jul 2024
“By acquiring all shares and management rights of FTX Japan, we aim to achieve sustainable growth,” bitFlyer stated ... The Japanese arm had stopped exchange operations after the bankruptcy filing but continued managing customer assets.
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Site of 3 killings during 1967 Detroit riot to receive historic marker

Times Union 26 Jul 2024
As parts of Detroit burned in one of the bloodiest race riots in U.S ... More than 7,000 people were arrested ... A state-installed manager took Detroit into the largest municipal bankruptcy in U.S ... Detroit exited bankruptcy at the end of 2014 ... Census.
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Kevin Spacey's waterfront Baltimore condo sold at auction after foreclosure

Times Union 26 Jul 2024
Last summer, a London jury acquitted Spacey on sexual assault charges stemming from allegations by four men dating back 20 years ... Discovery” actor Anthony Rapp ... He said he nearly had to file for bankruptcy a couple times but managed to dodge it ... .
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Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure

Wtop 26 Jul 2024
Last summer, a London jury acquitted Spacey on sexual assault charges stemming from allegations by four men dating back 20 years ... Discovery” actor Anthony Rapp ... He said he nearly had to file for bankruptcy a couple times but managed to dodge it.
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Owner of edX Online Courses 2U Files Chapter 11 Bankruptcy

Live Mint 25 Jul 2024
2U expects to emerge from bankruptcy as a private company backed by its existing lenders and noteholders, including funds managed by Mudrick Capital Management LP, Greenvale Capital LLP and Bayside Capital LLC, according to the statement.
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French soccer club Bordeaux, former team of Zinedine Zidane, give up pro status: Could they ...

CBS Sports 25 Jul 2024
FCGB dropped into Ligue 2 back in 2022 after a steady period of decline and managed to avoid bankruptcy and a possible restart that summer one year into Gerard Lopez's costly reign ... "I am certain that the future will offer us better days ... Link copied!.
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New town manager appointed in Southwest Harbor

Bangor Daily News 24 Jul 2024
SOUTHWEST HARBOR, MaineSouthwest Harbor will have a new manager at its helm this September ... She has been the town manager since 2021 and shepherded the town before that time as its town clerk ... She manages 40 staff and faculty members there.
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Aston Martin losses widen and debts soar amid £2bn long-term growth investment

This is Money 24 Jul 2024
'Despite the constant misfires, rising debt and woeful financial performance, Aston Martin still boasts a brand that is the envy of their competitors, and it’s the reason the company has managed to avoid bankruptcy on numerous occasions.
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Dirty Pop: The Boyband Scam on Netflix reveals how founder of the Backstreet Boys and

The Daily Mail 24 Jul 2024
But while the talent manager was busy distracting the masses with a stream of noughties hits, he was running one of the longest running Ponzi schemes in American history, convincing banks, and individuals to invest into his bogus company.
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