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 […]

Finance & Economics

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

News

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.

News

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.

Fintech & Ecommerce

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.

Blockchain & Crypto

3AC Founders Launch Crypto Firms Bankruptcy Claims Exchange

3AC founders refuse to comply with subpoena, launch bankruptcy claims trading exchange instead.

News

Genesis and Creditors Gemini Reach $100 Million Agreement

Gemini and Genesis reach $100 million agreement over Earn program.

Blockchain & Crypto

BlockFi Gets Court Approval to Sell Crypto Mining Assets

The crypto bankrupt BlockFi received a court approval to sell off its crypto-mining equipment to repay creditors. The firm is expected to conduct the auction asap, while the market faces upheaval

News

Crypto Broker Genesis Prepares to File for Bankruptcy

Genesis crypto broker plans to file for bankruptcy by the end of this week.