A group of creditors of the now-collapsed FTX have moved to court, objecting to the cryptocurrency exchange's bankruptcy reorganization plan, which would pay unsecured creditors the full amo… Read More
When debt becomes unmanageable, filing for bankruptcy may provide the relief you need. A Tucson bankruptcy attorney can guide you through the complexities of bankruptcy law and help you rega… Read More
Retirement is looming for many Gen-Xers in the coming years, and choosing the right location has never been more important. There are many places where retirement might seem attractive, thou… Read More
Conspiracy theorist Alex Jones is seeking court permission to convert his personal bankruptcy reorganization into a liquidation, which would lead to a sell-off of much of his assets to get… Read More
Creditors of bankrupt cryptocurrency exchange FTX have filed an objection to the platform's proposed reorganization plan, citing its failure to meet certain requirements of the bankruptcy… Read More
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests Read More
Bankrupt cryptocurrency exchange FTX has reached a settlement with the United States Internal Revenue Service (IRS).
If the settlement is approved by a judge, FTX would pay the IRS $20… Read More
FTX has reached a tentative agreement with the IRS to settle a massive $24-billion tax dispute. This settlement is part of a broader reorganization plan that FTX is negotiating in bankruptcy… Read More
FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement resolves a major $24 billion tax dispute that has been looming over the stock exch… Read More
Although the regional sports network owned by Diamond Sports appears to be getting a new name soon, the issue with a major cable provider that has kept Major League Baseball games offline in… Read More
This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You about Your privacy rights and how… Read More
The Roman Catholic Diocese of Fresno announced this week that it will be filing for bankruptcy this summer as the number of sexual abuse allegations it faces rises beyond 150.
Fresno diocese… Read More
There are bankruptcy filing fees for Chapters 7, 13, 11, 9, 12, and 15. Understand the fees and how the costs work.
The Chapter 7 filing fee is $338 and the Chapter 13 filing fee is $313 in… Read More
Bankruptcy is a legal process that clears out your debts or creates a payment plan to creditors, allowing you to catch up. Businesses, farmers, municipalities, and individuals can file… Read More
Corporate bankruptcy can be a complex and daunting process, and navigating the legal landscape of debt restructuring and asset protection requires the expertise of a skilled corporate bankru… Read More
Inside the energetic monetary landscaping, economic stableness may be incredibly elusive. Any time bad debts support and also economic tension will become overpowering, men and women and als… Read More
Retirement is looming for many Gen-Xers in the coming years, and choosing the right location has never been more important. There are many places where retirement might seem attractive, thou… Read More
When debts pile up, a consumer or a business owner may feel that bankruptcy offers the best way to relieve the mounting stress. Filing for bankruptcy requires careful thought and planning, t… Read More
Red Lobster has recently made headlines by filing for Chapter 11 bankruptcy, leading to the closure of at least 48 locations nationwide. Despite this financial turmoil, the iconic seafood ch… Read More
Privacy PolicyLast updated: May 20, 2024This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells… Read More
Toshiba, once a leading electronics and technology conglomerate, has faced a series of significant challenges and scandals over the past few decades, leading to its decline and eventual deli… Read More
NEW YORK–(BUSINESS WIRE)–Genesis Global Holdco, LLC (“GGH”), Genesis Global Capital, LLC (“GGC”) and Genesis Asia Pacific Pte. Ltd. (“GAP”, t… Read More
As Atlanta Comcast customers cope through a second full week without Braves baseball, Major League Baseball is tightening the screws on the company that provides the games to Comcast viewers… Read More
A popular restaurant now makes unexpected closure in Florida and is reportedly considering filing for Chapter 11 bankruptcy.
Red Lobster, the restaurant chain that was founded in Florida… Read More
In a very detailed 91-page Order entered in the Northern District of Georgia- and adopted by all Judges in the District – Judge Sacca addressed serious concerns of the United States Tr… Read More
Facing financial difficulties can be stressful for any business owner. When considering corporate bankruptcy as a potential solution, navigating the legal landscape becomes critical. Fi… Read More
Safety regulators in the U.S. have opened an investigation into Fisker’s Ocean electric vehicle (EV), following fresh complaints of a braking issue that has caused some vehicles to bra… Read More
FTX’s restructuring plan offers creditors 118% of what they’re owed, exceeding expectations.
Current market values far surpass assets’ worth in November 2022, leaving c… Read More
Two years after the collapse of the cryptocurrency exchange, FTX claims that almost all of its customers will get their money back, and some will even get more.
Even though the value… Read More
TL;DR
FTX has just unveiled a reorganization plan following its bankruptcy filing in November 2022.
The strategy promises recovery of over 100% for non-governmental creditors, yet it has spa… Read More
FTX has filed a plan with a bankruptcy court to pay back creditors who held cryptocurrency at the embattled exchange. The vast majority of customers are set to get their money back with inte… Read More
Understanding the complex process of foreclosure can be daunting for homeowners but it is an important step in protecting your home and financial well-being. As you navigate through this pro… Read More
A massive manufacturer is now laying off 300 workers at two major facilities, part of a plan to cut a whopping $80 million in costs.
Emergent Biosolutions will lay off 300 employees and… Read More
After electric vehicle (EV) maker Fisker halted production at its contract manufacturer’s plant in Austria, the company has now filed for reorganization and court protection in the cou… Read More
Take Control of Your Finances: Your Guide to Washington Bankruptcy
Are you drowning in debt and struggling to keep your head above water? Filing for bankruptcy in Washington State could be t… Read More
A drugstore chain now files an unexpected bankruptcy after listing $1 million to $10 million in liabilities in its petition.
Eastern Kentucky drugstore chain Rx Discount Pharmacy on May… Read More
A massive Pennsylvania-based retailer now closes all stores nationwide after it unexpectedly filed for bankruptcy, triggering sales.
Liquidation sales will be held at rue21 outlets across… Read More
A popular department store now announces unexpected layoffs as it seeks to downsize, part of an organizational “re-alignment”.
Canadian department store Hudson’s Bay is… Read More
A massive US company now moves jobs over to Mexico and India as it lays off at least 200 employees, including key teams.
Google is laying off at least 200 employees from its “Core… Read More
--News Direct--The Florida Governor today signed bill SB158 into law, which increases the value of motor vehicles owned by individuals in bankruptcy. The bill raises the motor vehicle exempt… Read More
Oberweis Dairy, which filed for Chapter 11 bankruptcy protection earlier this month, announced Tuesday that it has found a buyer for its century-old family business.
Brian Boomsma, owner of… Read More
Last updated: April 15, 2024
This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You… Read More
A giant US company now declares an unexpected bankruptcy, resulting in the closure of two of its subsidiaries and mass layoffs.
Major shipping company Universal Logistics Holdings (ULH)… Read More
Over the last few years, we have witnessed a significant increase in the number of foreign business people registering their businesses in Azerbaijan compared to the recent past. We can conf… Read More
A health improvement company now files an unexpected bankruptcy to get out of its brick and mortar leases that have not performed well.
American Home Fitness, based in suburban Detroit… Read More
Your favorite tech company now lays off over 600 employees in California, shortly after it canceled a long-running project.
Apple is laying off 614 workers in California, according to a… Read More
A bankrupt pharmacy chain now plans more painful closures according to its latest filing made this week, all happening in the same state.
In bankruptcy filings made this week, Rite Aid sa… Read More
A food delivery service is now at high risk of bankruptcy after its business model failed to keep up with its innovative competitors.
Back when it was known as Waitr, the company that la… Read More
The Third Circuit Court of Appeals issues a reminder to debtors’ counsel that they can protect themselves with beneficial (boilerplate) terms in a Chapter 11 Plan. In In re SC SJ Hold… Read More
Three massive banks have now closed major branches in California according to the Office of the Comptroller of the Currency.
Bank closures really began to speed up last year after digita… Read More
iAero Airways, the largest passenger charter and cargo carrier in the U.S., will cease operations on Saturday after an unsuccessful effort to restructure the company under bankruptcy protec… Read More
For years, Gretchen Pelletier planned her kitchen remodel and dreamed of a roomy sink where she could wash her homegrown Romaine. On Jan. 27, she and her husband headed to Pirch, a high-end… Read More