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CHAPTER 15 BANKRUPTCY
Major chicken chain franchisee files for bankruptcy — what went wrong behind the scenesSailormen Inc, a major Popeyes franchisee, filed for bankruptcy, putting 130 restaurants at risk. Debt, failed sales, Covid-19, inflation, ...- Evergrande Group files Chapter 15 bankruptcy in New YorkThe move protects it from creditors in the US while it works on a restructuring deal elsewhere. The Chinese homebuilder's Chapter 15 petiti...
- China's Evergrande says it is asking for US court to approve debt plan, not filing for bankruptcyChina's troubled developer, Evergrande, has requested a US court to approve a restructuring plan for foreign bondholders and affirmed that ...
- Chinese real estate giant Evergrande files for protection in US court as part of $32 billion debt overhaulThe company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings...
- SVB Financial seeks bankruptcy protection for reorganisationThe plan to seek bankruptcy protection comes after the tech lender said on March 13 it was planning to explore strategic alternatives for i...
- Crypto firm Voyager to sell assets to Binance.US in $1 billion dealPalo Alto, California-based Binance.US, which operates as an independent legal entity and has a licensing agreement with Binance.com, will ...
- FTX's Bahamas unit seeks Chapter 15 bankruptcy protectionThis move allows a foreign debtor to shield assets in the country. Non-U.S.-companies use the measure to block creditors who want to file l...
- After 14 years, Lehman Brothers' brokerage ends liquidationLehman Brothers Holdings Inc, the brokerage's parent, had been Wall Street's fourth-largest investment bank before filing what remains by f...
- After 14 years, Lehman Brothers' brokerage ends liquidationU.S. Bankruptcy Judge Shelley Chapman in Manhattan closed the brokerage's estate on Wednesday and awarded final payments to the trustee who...
- Crypto hedge fund Three Arrows files for Chapter 15 bankruptcyA British Virgin Islands court ordered the liquidation of Three Arrows Capital earlier this week. The fund, founded by former Credit Suisse...
- Top crypto hedge fund Three Arrows Capital files for bankruptcyAccording to court documents seen by the Financial Times, crypto options and futures exchange "Deribit claimed Three Arrows failed to repay...
- Reliance Communications subsidiary files for bankruptcy protection without prior consentThe B2B arm of RCom, GCX has voluntarily filed for bankruptcy protection under chapter 11 of the United States bankruptcy code last week, a...
- Essar Steel Algoma demands cover against bankruptcy in USThe company filed for protection under chapter 15 of the Bankruptcy Code in the US while listing liabilities of more than $1 billion.
- Reliance MediaWorks down 7% as Digital Domain files for bankruptcyShares of Rel Media came under selling pressure after Digital Domain, founded by James Cameron of ‘Titanic’ movie fame, filed for bankruptc...
- US bankruptcy filings touch 1.59 mn in 2010The financial meltdown in 2008-09 had ravaged the American economy that not only pushed many entities out of business but also caused large...
- Lyondell gets court nod to exit bankruptcyThe bankrupt petrochemicals major LyondellBasell, which was the target of a failed takeover attempt by Reliance Industries recently, today ...
- Reader's Digest delays exit from bankruptcyThe publisher of one of the world's most widely-circulated magazines Reader's Digest has decided to postpone its exit from bankruptcy prote...
- Old GM reports $100 mn in losses since JulyThe 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...
- Disney wants investigation of Lehman officialsThe Walt Disney Co is demanding an investigation into the actions of directors at Lehman Bros Holdings Inc leading up to its collapse last ...
- Delphi reports net loss of $231 million in NovAuto-parts supplier Delphi Corp. on Monday reported a net loss of $231 million (euro156.92 million) for November.
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