In October, the Journal reported that negotiations between the airline and its creditors were focused on a Chapter 11 bankruptcy filing. That form of bankruptcy allows a company to continue operating ...
Pacific Star Resort & Spa owner and operator Marianas Properties has filed for Chapter 11 bankruptcy in the District Court of Guam after defaulting on a $32 million bank loan, court records show.
NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue ...
Instead, they'll file Chapter 13 bankruptcy, also known as the wage earner's plan. This form of bankruptcy has the debtor reorganize their finances into a repayment plan that outlines how they'll ...
Bankruptcy finally caught up with tycoon Derek Quinlan, an ex-tax inspector famous during Ireland’s boom The Quinlan Files: The €1.9 billion purchase in 2008 of the head office of Santander bank in ...
From November 2022 onwards, he would have to answer for every detail of his expenditure to an Official Receiver, essentially a bankruptcy civil servant, and his trustees at the firm Begbies Traynor.
Kelheim Fibres filed for bankruptcy at Germany’s Regensburg District Court ... Kelheim Fibres was unable to share an official statement with Just Style at the time of going to press. On its official ...
Bankruptcy is often seen as the quickest way out of extreme debt. While this may be true for some, there are several different types of bankruptcy, and which one is right for you will depend on ...
BERLIN - A German flying taxi start-up is expected to file for bankruptcy, US market regulators said on Oct 24, a week after the company failed to gain crucial state backing. “Within the next ...
Funai Electric, a Japanese maker of audio and video equipment, received court approval for its bankruptcy plan on Thursday, credit research firm Teikoku Databank said. Funai Electric, based in ...
Bankruptcy can either be filed by you or by your creditors. Upon declaration of bankruptcy, the government appoints an Official Assignee to take charge of your assets and possessions, and the Official ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The participation of EU partner nations in a summit in Russia hosted by Vladimir Putin is a message for ...