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You Searched For "bankruptcy protection" and got 20 results


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3 mins read

Top US bankruptcy judge resigns following revelation of undisclosed romantic relationship

Amid questions about an undisclosed romantic relationship, one of the nation's most prominent bankr…

Nicole Einbinder,Dakin Campbe…   


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3 mins read

Rudy Giuliani files for bankruptcy. It won't get him off the hook for the $148 million he owes.

Rudy Giuliani's Chapter 11 bankruptcy filing won't shield him from having to pay $148 million to th…

Jacob Shamsian,Paul Squire   


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2 mins read

WeWork's bankruptcy is the beginning of a broader collapse in zombie companies, Wall Street veteran says

There are hundreds of zombie companies that risk facing the same fate as WeWork, according to one i…

Jennifer Sor   


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1 min read

One of the largest bitcoin miners files for bankruptcy protection as token prices fall and energy costs rise

Crypto mining giant Core Scientific filed for bankruptcy on Wednesday, joining a growing list of di…

Brian Evans   


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2 mins read

The oxycontin-peddling Sackler family has tried to get immunity from civil lawsuits by filing for bankruptcy. That might be illegal.

The US Supreme Court will hear arguments that could have far-reaching effects on how corporations d…

Katie Balevic   


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4 mins read

Lawsuit alleges undisclosed relationship involving federal judge that could cloud Corizon bankruptcy deal

An attorney for Corizon successor company YesCare is in a romantic relationship with federal judge …

Dakin Campbell,Nicole Einbind…   


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3 mins read

Trucking giant Yellow declares bankruptcy after nearly 100 years in business

Yellow, one of the country's largest less-than-truckload carriers, has roughly 30,000 employees.

Associated Press   


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5 mins read

Adam Neumann wants to regain control of WeWork. Here's why your office is still open despite the bankruptcy filing.

WeWork cofounder Adam Neumann is exploring an offer to buy it back or give it financing. Here's wha…

Pete Syme   


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3 mins read

WeWork bankruptcy: One of the biggest startup failures of all time, and venture capitalists haven't learned a thing.

WeWork's financial decline, and likely bankruptcy, may have left some VC firms with losses. The ind…

Julie Bort   


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4 mins read

Prominent bankruptcy judge David Jones recused from cases, under investigation after exposure of undisclosed romantic relationship

The order, filed today, comes after Insider first reported on the relationship between Jones and a …

Nicole Einbinder,Dakin Campbe…   


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2 mins read

Richard Branson's Virgin Orbit rocket firm files for bankruptcy

It failed to secure funding to continue operations.

Huileng Tan   


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2 mins read

Bed Bath & Beyond files for bankruptcy after running out of options

The retailer filed for Chapter 11 protection in New Jersey on Sunday, according to a court filing, …

Sam Tabahriti,Jyoti Mann   


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1 min read

Lordstown Motors craters 48% after the company files for bankruptcy and sues Foxconn over failed deal

Lordstown says Foxconn failed to live up to an agreement to invest $170 million in the electric tru…

Filip De Mott   


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2 mins read

Coinbase soars 20% as the exchange says it has no exposure to bankrupt firms struggling through crypto winter

"We believe these market participants were caught up in the frenzy of a crypto bull market and forg…

Jennifer Sor   


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1 min read

US bankruptcies are on track to hit a 10-year high as the coronavirus pandemic continues to slam businesses

This year, 424 companies have gone bankrupt through August 9, surpassing the number of filings duri…

Carmen Reinicke   


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1 min read

From Party City to Bed Bath & Beyond: Bankruptcies just hit their highest level since the Great Recession

Consumer discretionary companies led the spate of bankruptcies with 37 filings so far in 2023, acco…

Kaja Whitehouse   


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1 min read

Crypto lender Genesis is reportedly preparing to file for bankruptcy as soon as this week

Genesis was still in talks with creditors, and plans for a potential bankruptcy filing could change…

Carla Mozée   


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2 mins read

Revlon succumbs to bankruptcy amid crippling debt, rising inflation, and global supply chain woes

Revlon said in a SEC filing that it expects to receive $575 million in bankruptcy financing from cu…

Bethany Biron,Ellen Thomas   


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2 mins read

Revlon succumbs to bankruptcy amid crippling debt, rising inflation, and global supply chain woes

Revlon said in a SEC filing that it expects to receive $575 million in bankruptcy financing from cu…

Bethany Biron,Ellen Thomas   


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1 min read

Crypto lender Genesis files for bankruptcy as the fallout from FTX's collapse continues

Genesis has more than 100,000 creditors, with assets and liabilities ranging between $1.2 billion t…

Zahra Tayeb