Browsing Tag

bankruptcy

Crypto asset lender BlockFi, which has filed for bankruptcy, has filed a lawsuit against Emergent Fidelity Technologies, the investment vehicle of Sam Bankman-Fried, the founder and former CEO of platform FTX, which also filed for bankruptcy in November. In its claim, BlockFi demands compliance…
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UK business failures on the rise

The most recent report from the UK Office for National Statistics puts the number of companies that have filed for bankruptcy between April and June at 5,629. The figure far exceeds that recorded for the same quarter between 2015 and 2019,…

Revlon files for bankruptcy

The American cosmetics giant Revlon decided to file, together with some of its subsidiaries, with the Bankruptcy Court of the Southern District of New York the petition to voluntarily avail themselves of the protection of Chapter 11 of the…

Miami Herald declares bankruptcy

The McClatchy Publishing Group, which has media such as the Miami Herald and the Sacramento Bee, announced in a statement to the dam its decline in bankruptcy, even though it is operating in complete normality. Given the current status,…

Coinbin declares bankruptcy

The news was released by Business Korea, a local South Korean media. Coinbin CEO Park Chan-kyu also said the bankruptcy was a consequence of a debt acquired after the embezzlement of funds made by one of the employees. The employee was…

Sears declares bankruptcy

On Monday, October 15th, the application for protection under the Bankruptcy Law of the United States was announced by the Sears chain. For several days the regular customers of the stores had observed with concern the announcement of…