Vodka maker Stoli Group USA files for chapter 11 bankruptcy | CBS News -
Stoli Group’s US-based distributor unit filed for bankruptcy protection this week in the Northern District of Texas....more
FTX creditors will make money on bankruptcy: $1.19 for every dollar | CNBC -
Delaware bankruptcy Judge John Dorsey approved failed cryptocurrency exchange FTX’s reorganization plan which involves paying over $14 billion to...more
Ex-FTX Executive Salame Sentenced to 7.5 Years in Prison | Reuters -
Former co-CEO of bankrupt cryptocurrency exchange FTX’s Bahamian subsidiary has been sentenced to 90 months in prison after pleading guilty in September...more
Retailer 99 Cents Only Files for Bankruptcy, Plans to Shut Down | Reuters -
Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, and stated that it plans to shut down all of its...more
4/15/2024
/ Appeals ,
Catholic Diocese ,
Chapter 11 ,
Commercial Bankruptcy ,
Convictions ,
Crypto Exchanges ,
Debtors ,
Fraud ,
Liquidation ,
Price Inflation ,
Sexual Abuse
Sam Bankman-Fried Sentenced to 25 Years in Prison | CoinDesk -
FTX founder and former CEO Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted on seven fraud and conspiracy charges. According to...more
FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors| CoinDesk -
On Saturday, the collapsed crypto exchange FTX submitted a reorganization plan which included plans to repay up to 90 percent of creditors’...more
Mallinckrodt's opioid creditors support fast-track second bankruptcy | Reuters -
Drugmaker Mallinckrodt, who previously emerged from its initial Chapter 11 in June 2022, filed for its second bankruptcy this week. The...more
Supreme Court puts Purdue Pharma bankruptcy deal on hold | NBC -
The Supreme Court has blocked an appeals court decision that had allowed Purdue Pharma’s restructuring plan to move forward effectively putting the plan on...more
Below is our initial take on recent bankruptcy-related developments: Alex Mashinsky, co-founder and former CEO of bankrupt crypto lender Celsius has pleaded not guilty to U.S. fraud charges. The indictment includes seven...more
BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC | CoinDesk -
Bankrupt crypto lender BlockFi submitted bankruptcy plans which have now been opposed by bankrupt companies FTX and Three Arrows Capital as well...more
Instant Brands, maker of Instant Pot and Pyrex, files for bankruptcy | CNN -
Instant Brands, the parent company of many popular kitchen products, filed for Chapter 11 bankruptcy this week. Instant Brands produces Instant...more
U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware | CoinDesk -
On Monday, Crypto exchange Bittrex filed for bankruptcy in the U.S. state of Delaware months after announcing it would wind down operations in the...more
Below is our initial take on recent bankruptcy-related developments:
In a court filing on Wednesday, bankrupt crypto exchange FTX said that it wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis...more