Elon Musk Raises Specter of Twitter Bankruptcy Amid Executive Turmoil
Twitter suffered additional senior executive departures as owner Elon Musk said bankruptcy is a possibility for the company. Source link
Bankruptcy
WSJ News Exclusive | Juul Discusses a Possible Bailout With Two of Its Biggest Investors
Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette...
3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
A bankruptcy judge declined on Friday to shield 3M Co. from continued litigation involving its military earplugs, a setback for...
WSJ News Exclusive | Regal Owner Cineworld Nears Bankruptcy as Theater Comeback Lags
Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild...
Latam Airlines Cleared to Depart Chapter 11 Under Creditors’ Control
A bankruptcy judge approved a chapter 11 exit plan for Latam Airlines Group SA that puts $5.44 billion of fresh...
Cosmetics Maker Revlon Files For Chapter 11
Revlon Inc. filed for bankruptcy, potentially ending a decadeslong bet on the beauty products company by Ronald Perelman, its billionaire...
No option to redeem vouchers of Big Bazaar – Times of India
NEW DELHI: Customers of Big Bazaar who are holding vouchers have been left high and dry after a majority of...
Alex Jones’s Infowars Files for Bankruptcy Over Sandy Hook Lawsuits
Infowars and other media assets backed by far-right radio host Alex Jones filed for bankruptcy, opening a new front in...
Opioid Victims Confront Purdue Pharma’s Sacklers in Bankruptcy Court
Victims of the opioid epidemic confronted the Sackler family members who own Purdue Pharma LP for the first time in...
Purdue Pharma Authorized to Appeal Judge’s Rejection of Sackler Settlement Plan
A federal judge authorized Purdue Pharma LP and its Sackler family owners to appeal a ruling that threw out their...
Hertz Orders 100,000 Teslas, Part of Plan to Electrify Rental-Car Fleet
Hertz Global Holdings Inc. HTZZ 7.33% said it has ordered 100,000 vehicles from Tesla Inc. TSLA 11.17% to stock its...
Zillow Gets Outplayed at Its Own Game
Zillow, it seems, has over-flipped. The company that has prided itself on its technology to outsource a lot of human...
Medicare Payment Collector Targets Asbestos Bankruptcy Trusts
A collection agent for Medicare service providers is suing one of the dozens of trusts established by bankrupt asbestos manufacturers...
Hertz Proposes Shareholder Payout as Part of Bankruptcy-Exit Plan
Hertz Global Holdings Inc. agreed to provide some value to equity holders when it leaves chapter 11, vindicating the individual...
Coronavirus Was Supposed to Drive Bankruptcies Higher. The Opposite Happened.
The number of people seeking bankruptcy during the pandemic fell sharply last year as government aid propped up income and...
Founders of Bankrupt Startup UBiome Indicted in Fraud Case
The former co-chief executives of bankrupt lab-testing startup uBiome Inc. were charged with healthcare and securities fraud among other offenses,...
Behind Greensill’s Collapse: Detour Into Risky Loans
Lex Greensill portrayed himself as a savior for small business.He started Greensill Capital to give the little guy a banking...
Texas Energy Fallout Tips Power Retailer Just Energy Into Bankruptcy
Energy retailer Just Energy Group Inc. filed for bankruptcy protection in the U.S. and Canada on Tuesday, hit with massive...
Purdue Lawyers Face Disclosure Questions Over Sackler Defense Deal
The law firms defending Purdue Pharma LP in probes into its OxyContin painkiller didn’t disclose an existing deal with Purdue’s...
McKinsey Agrees to $573 Million Settlement Over Opioid Advice
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue...
