Donut Chain Files Chapter 11 Bankruptcy: Jack’s Donuts of Indiana faces $14.2 million in liabilities. Here's financial assets, has franchise locations claimed independence, what chapter 11 means?Donut chain files Chapter 11 bankruptcy as Jack’s Donuts of Indiana Commissary seeks court protection. The company owes over $14 million to...
01 Nov, 2025, 05.16 PM IST
Fast-fashion retailer Forever 21 files for bankruptcyForever 21's U.S. operating company has filed for Chapter 11 bankruptcy again, facing challenges from reduced mall traffic and competition ...
17 Mar, 2025, 09.24 AM IST
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-downGenesis Global approved to return $3 billion in cash and crypto to customers in bankruptcy liquidation, leaving owner DCG with no recovery....
18 May, 2024, 09.58 AM IST
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-downGenesis Global approved to return $3 billion in cash and crypto to customers in bankruptcy liquidation, leaving owner DCG with no recovery....
18 May, 2024, 08.57 AM IST
FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distributionFTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focus...
08 May, 2024, 09.10 AM IST
View: Delay in implementing cross-border insolvency law is detrimental to Indian creditorsHere's a case for early implementation of cross-border insolvency law in India. All professionals in the field have been advocating introdu...
06 Sep, 2022, 06.55 PM IST
Nirav Modi case: PNB receives $3.25 million as part of recovery from liquidating Modi's assetsFurther recoveries from the total liquidated amount of $11.04 million (Rs 82.66 crore) realised by the US Chapter 11 trustee will depend on...
25 Aug, 2020, 09.11 PM IST
Murray Energy Corporation, America's largest private miner, files for Chapter 11 bankruptcyMurray Energy and certain of its subsidiaries entered into a Restructuring Support Agreement with an ad hoc lender group holding more than ...
30 Oct, 2019, 04.08 PM IST
DLF Brands to close down women’s accessories brand Claire’s in IndiaThe company has filed for Chapter 11 in the US and that is the reason we are closing the stores, said Timmy Sarna, chief executive of DLF B...
30 Jul, 2018, 11.31 PM IST
Nirav Modi case: India has no option but to actWill the FEOB help bring Nirav Modi to book in India? If not, we are likely to lose billions more, and much of India Inc’s lustre and spark...
23 Mar, 2018, 08.36 AM IST
Union Bank, Bank of India seek to be party to Nirav Modi-owned Firestar Diamond's US caseUnder Chapter 11 of the US Bankruptcy Code, companies are given protection from creditors as they try to reorganise their business with a c...
17 Mar, 2018, 08.44 AM IST
India needs effective bankruptcy laws, like US-style Chapter 11 bankruptcy procedureThe key difference between US Chapter 11 and Indian provisions is the indefinite nature of respite Indian laws afford, making for misuse.
14 Oct, 2013, 04.00 AM IST
- Kodak bankruptcy: Effective bankruptcy laws needed in India too
The news that Eastman Kodak has filed for bankruptcy is another opportunity for us in India to reflect on the contrast between US bankruptc...
21 Jan, 2012, 07.03 AM IST
- Old GM reports $100 mn in losses since July
The company set up to get rid of General Motors Co's unwanted assets says it has lost $100 million since GM emerged from bankruptcy protect...
13 Nov, 2009, 04.46 AM IST
- Bankruptcy for US auto firms might not be easy
President Barack Obama's assertion that he will not let U.S. automakers vanish is a double-edged sword.
02 Apr, 2009, 03.43 AM IST
- GM, Chrysler bankruptcy won't solve cash crunch: Analysts
Reorganisation of GM, Chrysler under bankruptcy protection would put the cos on the road to viability, say experts. Ready for hybrid cars? ...
13 Dec, 2008, 01.21 PM IST
- What is Chapter 11 bankruptcy?
The US bankruptcy code 11 is usually the path taken by organizations, when faced with crippling debt. Code 11 gives the organization ample ...
15 Sep, 2008, 01.29 PM IST