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You Searched For "bankruptcy protection" and got 20 results


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2 mins read

Embattled EV startup Fisker files for bankruptcy

EV startup Fisker said it was filing for bankruptcy after months of warning it could go out of busi…

Grace Kay,Tom Carter   


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4 mins read

Rudy Giuliani scores rare legal win as judge dismisses bankruptcy case but it comes with a huge asterisk

Giuliani can now appeal a $148 million judgment, but it comes with a big asterisk: He can't seek ba…

Jacob Shamsian   


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2 mins read

Redbox's parent company stopped paying employees for over a week before finally filing for bankruptcy

Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection on June 28…

Lauren Edmonds   


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6 mins read

Jacob Shamsian   


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2 mins read

The $7 billion Purdue bankruptcy plan giving the Sacklers immunity from more lawsuits gets nixed by Supreme Court

A 5-4 split among Supreme Court justices just killed Purdue Pharma's bankruptcy plan — and th…

Jack Newsham   


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7 mins read

Even in bankruptcy, Rudy Giuliani keeps his financial picture hidden. Now he might lose control of it.

Lawyers have ripped Rudy Giuliani for giving "half-baked" financial disclosures and funneling money…

Jacob Shamsian   


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1 min read

Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ

Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financ…

Hannah Getahun   


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3 mins read

Justice Department calls for dismissal of the Corizon bankruptcy

Sen. Elizabeth Warren applauded the DOJ's intervention, saying, "Corizon does not belong in a bankr…

Dakin Campbell,Nicole Einbinder   


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2 mins read

Creditors are coming after Rudy Giuliani's $3.5 million Florida condo in bankruptcy filing

Rudy Giuliani may have to sell his $3.5 million Palm Beach, Florida home in his ongoing bankruptcy …

Hannah Getahun,Katherine Tangalakis-Lippert   


Ayelet Sheffey   


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4 mins read

Sen. Warren asks Justice Department to consider nixing Corizon's bankruptcy

Sen. Elizabeth Warren has asked a federal regulator to probe a controversial bankruptcy maneuver by…

Dakin Campbell,Nicole Einbinder   


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3 mins read

Fisker Ocean reservation cancellations top 40,000 as the EV company tries to fight off bankruptcy, leaked data shows

More than 40,000 out of well over 70,000 Fisker Ocean reservations have been canceled, according to…

Grace Kay   


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2 mins read

China Evergrande, the world's most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection

Evergrande's filing came amid fears of widening economic woes in China as the country's real-estate…

Huileng Tan   


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2 mins read

WeWork files for bankruptcy but India's operations not affected

Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in…

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4 mins read

Federal judge hits the brakes on Corizon bankruptcy deal

Yesterday a bankruptcy judge called for a re-do on a settlement plan put forward by Corizon success…

Dakin Campbell,Nicole Einbinder   


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1 min read

Bankruptcies are surging - and Fed rate hikes are to blame, economist says

September saw 62 bankruptcy filings, bringing the year-to-date total for 2023 to 516, more than all…

Aruni Soni   


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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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3 mins read

Read the email the CEO of WeWork sent to US-based members as the company filed for bankruptcy

The bankruptcy filing caps a dramatic fall from grace for the company that was once valued at $47 b…

Huileng Tan   


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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 Campbell   


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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