Party City mulls second bankruptcy, just over a year after first
PARTY City Holdco is considering options including a sale or a potential bankruptcy filing, just over a year after it ...
Tag: bankruptcy
Spirit Airlines Files for Bankruptcy Amid Piling Debt and Years of Financial Losses after Merger With JetBlue Fails
Spirit Airlines announced on Monday that it has filed for bankruptcy protection as it works to restructure its operations amid ...
Judge approves Fisker bankruptcy plan favored by car owners
Fisker Inc. will wind down operations under a bankruptcy plan approved Friday that should allow car owners to drive their ...
J&J talc bankruptcy stays in Texas despite ‘forum-shopping’ opposition
A JOHNSON & Johnson (J&J) subsidiary can pursue its third attempt to resolve tens of thousands of lawsuits alleging its ...
Going for broke: Will Hin Leong’s creditors get their money back if OK Lim and his children declare bankruptcy?
EMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better known as OK Lim – ...
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
TERRAFORM Labs received court approval on Thursday (Sep 19) to wind down its operations in bankruptcy after agreeing to settle ...
Tupperware files for bankruptcy as its colourful containers lose relevance
TUPPERWARE Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday (Sep 17), giving in to ...
Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings
US discount home goods retailer Big Lots said on Monday (Sep 9) it has secured US$707.5 million to support its ...
WeWork to Go Belly Up? SEC Filing Shows Bankruptcy a Near-Certain Option
WeWork, which redrew rules in the corporate office space management in the pre-Pandemic days, has said it is likely to ...