Bankruptcy

Finance & Economics

BurgerFi Files for Bankruptcy

Fast casual chain BurgerFi filed for Chapter 11 bankruptcy and announced it on Wednesday, September 11.

Finance & Economics

Red Lobster Files for Bankruptcy

Brand Red Lobster, which activities provided middle-class representatives in the United States with access to shrimps and lobsters, has declared bankruptcy.

Finance & Economics

Rue21 Files for Bankruptcy

The Rue21 mall staple, which specializes in activities for the sale of clothing for teenagers, will stop its business in the coming weeks and close all its 540 stores.

Finance & Economics

Trendy Fashion Retailer Express Files for Bankruptcy

Trendy fashion retailer Express Inc. has filed for bankruptcy.

News

Crypto’s Terraform Files for Bankruptcy

Terraform Labs Pte., a company specializing in digital assets and co-founded by Do Kwon, has filed for Chapter 11 bankruptcy protection in the United States.

News

Chinese Shadow Bank Zhongzhi Files for Bankruptcy

The Chinese shadow banking giant Zhongzhi Enterprise Group Co. has filed for bankruptcy.

News

UK’s Nottingham Files for Bankruptcy

Nottingham City Council has become another victim of the financial crisis in the UK in the sphere of local government.

Finance & Economics

Effects of Bankruptcy on Credit and Finances

Bankruptcy can significantly affect credit and finances in many unexpected ways, but a bankruptcy lawyer can provide valuable guidance and assistance throughout the process. If you live in Chicago and don’t know what type of bankruptcy you want to file for, speak with a lawyer to protect your rights, discharge eligible debts, and receive financial planning […]

News

China’s Evergrande Group Files for Bankruptcy in New York

Evergrande Group, at one time the second-largest real estate developer in China, filed for bankruptcy in New York.

News

Voyager Bankruptcy Plan Approved: Details Unveiled

The affected customers could now expect to receive 35.72% of their claims, to begin with

Finance & Economics

Vice Media Files for Chapter 11 Bankruptcy Ahead of Sale

Vice Media filed for Chapter 11 bankruptcy protection on Monday, May 15, to facilitate the planned sale of the company shortly and make the firm’s future more secure.

Finance & Economics

First Republic to Sell Up To $100B in Assets

The beleaguered lender First Republic Bank is exploring ways to reduce the imbalance between its assets and liabilities

Finance & Economics

Credit Suisse Reveals Scale of Bank’s Bankruptcy

Credit Suisse has revealed the extent of the bankruptcy of this financial institution.

News

Bed Bath & Beyond Bankruptcy Blames on Private Label Strategy

Bed Bath & Beyond (BBBY) has announced its bankruptcy.

News

Regulators Close Crypto-Focused Signature Bank

In the US, regulators have decided to close the New York-based Signature Bank, which is one of the largest lenders in the crypto industry.

Blockchain & Crypto

Celsius Creates “Convenience Class” of Creditors, Limits Claims to $5,000

A “Convenience Class” of Celsius creditors will receive a “one-time distribution of liquid crypto” paid in form of Bitcoin, Ether, and USD Coin.