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List of All Articles with Tag 'bankrupt'

FTX gets court approval to sell crypto assets
FTX gets court approval to sell crypto assets
By Dietrich Knauth NEW YORK Bankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency
2023-09-14 03:46
Airline SAS extends deadline for equity fundraising
Airline SAS extends deadline for equity fundraising
(Reuters) -Scandinavian airline SAS, battling to emerge from bankruptcy protection, said on Monday it was extending the deadline for final
2023-09-12 03:24
Column-US rates biting beneath the surface: Mike Dolan
Column-US rates biting beneath the surface: Mike Dolan
By Mike Dolan LONDON Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like
2023-09-08 14:17
The majority of Party City stores will stay open as it exits bankruptcy
The majority of Party City stores will stay open as it exits bankruptcy
Party City exited bankruptcy on Wednesday after a US judge signed off on the retailer's reorganization plans. While some of Party City's about 800 US stores will close due to the bankruptcy agreement, the majority will stay open.
2023-09-08 04:18
An equal pay claim took down Britain's second-biggest city. Others are on the brink
An equal pay claim took down Britain's second-biggest city. Others are on the brink
Birmingham — the biggest British city after London — is in dire financial straits.
2023-09-07 17:51
Party City set to exit bankruptcy with $1 billion debt reduction
Party City set to exit bankruptcy with $1 billion debt reduction
By Dietrich Knauth A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which
2023-09-07 04:18
Bankrupt Lordstown Motors proposes zero payment for Foxconn shares
Bankrupt Lordstown Motors proposes zero payment for Foxconn shares
By Dietrich Knauth NEW YORK Bankrupt electric vehicle manufacturer Lordstown Motors has proposed to pay nothing for Taiwan's
2023-09-06 05:58
Britain's second-largest city effectively declares itself bankrupt amid $950 million equal pay claims
Britain's second-largest city effectively declares itself bankrupt amid $950 million equal pay claims
Britain's second-biggest city effectively declared itself bankrupt on Tuesday, shutting down all nonessential spending after being issued with equal pay claims totaling up to £760 million ($956 million).
2023-09-06 01:55
S&P Global downgrades Rite Aid on restructuring risk
S&P Global downgrades Rite Aid on restructuring risk
S&P Global Ratings on Tuesday downgraded Rite Aid Corp to "CCC-minus" from "CCC-plus" on increased risk from restructuring.
2023-08-30 04:49
Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News
Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News
Lordstown Motors is formulating a debt repayment plan and is hopeful that it will find buyers in Chapter
2023-08-29 09:57
Drugmaker Mallinckrodt files for second bankruptcy in US
Drugmaker Mallinckrodt files for second bankruptcy in US
By Dietrich Knauth Drugmaker Mallinckrodt on Monday filed for its second bankruptcy in three years in the United
2023-08-29 04:58
Rite Aid stock is experiencing extreme turbulence: Here's why
Rite Aid stock is experiencing extreme turbulence: Here's why
Shares of Rite Aid were slightly lower Monday after soaring more than 20% higher in morning trading.
2023-08-28 23:46
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