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Bankruptcy News

US home goods retailer runs out of cash, warns of bankruptcy for 2nd time in 3 weeksBed Bath & Beyond says it is taking measures including cost cutting, lowering expenditures, selling assets27 January 2023 Friday 01:23

Cryptocurrency platform Genesis' lending units file for bankruptcyCompany lists over 100,000 creditors in bankruptcy filing, liabilities reach as high as $11 billion20 January 2023 Friday 19:13

Sri Lanka to cut military strength amid economic crisisSouth Asian nation plans to reduce number of soldiers from 200,783 to 135,000 by 2024, says deputy defense minister13 January 2023 Friday 16:28

Switzerland's health food chain Muller declares bankruptcyRetailer says 37 stores employing 298 staff to be closed due to falling customer frequency03 January 2023 Tuesday 17:53

US asks for independent examiner for FTX bankruptcy, crypto meltdownBankruptcy trustee calls FTX's implosion 'likely the fastest big corporate failure in American history'02 December 2022 Friday 22:48

Conspiracy theorist Alex Jones files for bankruptcy in US state of TexasChapter 11 bankruptcy filing comes after jury ordered him to pay families $1B for Sandy Hook school shooting lies02 December 2022 Friday 18:43

Bankruptcies increase rapidly in GermanyNumber of bankrupted firms exceeds expectations in September10 October 2022 Monday 19:03

Crypto lender Celsius files for bankruptcy protectionCompany says it has $167M cash to provide enough liquidity to support operations during restructuring process15 July 2022 Friday 00:23

Cryptocurrency broker Voyager Digital files for bankruptcyDecision comes amid prolonged volatility in crypto markets, default of Three Arrows Capital on loan from subsidiary06 July 2022 Wednesday 23:23

Lebanon goes bankrupt: Deputy prime ministerLebanon has been grappling with severe economic crisis since 201904 April 2022 Monday 14:33

Sampdoria football club’s president resigns after arrest in bankruptcy case70-year-old jailed in Milan while 5 others including his daughter placed under house arrest07 December 2021 Tuesday 05:08

Pandemic led to bankruptcies in energy sector: FitchWeak oil, gas demand during early pandemic caused low prices, leading to spike bankruptcy filings, agency says13 September 2021 Monday 21:58

Japan: 1,100 go bankrupt as pandemic ravages businessesBars, restaurants, construction firms top list of businesses going under in Japan, according to study03 March 2021 Wednesday 11:53

US: Century 21 department chain files for bankruptcy26 retail companies in US file for bankruptcy since start of 2020 as in-store sales plummet due to coronavirus pandemic10 September 2020 Thursday 19:43

Virus fallout: Wigan Athletic on verge of bankruptcy2013 FA Cup winners enter into administration; face 12-point deduction01 July 2020 Wednesday 18:33

Aeromexico files for US bankruptcy amid pandemicMeasures taken to be 'well prepared' for future when pandemic is over, says airline company's CEO01 July 2020 Wednesday 15:08

Turkey halts executions, bankruptcy proceedingsDecision made as part of coronavirus precautions22 March 2020 Sunday 04:03

Turkey's Atlas Global Airlines files for bankruptcyAll flights canceled, says civil aviation authority14 February 2020 Friday 20:33

US news giant McClatchy files for bankruptcyCompany's 'Plan of Reorganization' involves digital transformation amid economic challenges to print media13 February 2020 Thursday 16:23

US: Farm bankruptcies at 8-year highFarm bankruptcies in September surge 24% amid turbulent year of trade wars, bad weather31 October 2019 Thursday 14:13

Thomas Cook Belgium, Netherlands announce bankruptcyUK-based global travel group's Belgium and Netherlands subsidiaries had total of 701 employees01 October 2019 Tuesday 10:23

Hundreds of passengers stranded across EuropeBritish airline Flybmi cancels hundreds of flights and files for bankruptcy blaming Brexit17 February 2019 Sunday 16:23

US: Retailer bankruptcies sounding the alarm?Several US shopping giants filed for bankruptcy in 2018 amid growing concern over root cause of the problem14 January 2019 Monday 15:58

USA Gymnastics files for bankruptcySport's governing body facing dozens of suits related to team doctor Larry Nassar's sex abuse scandal06 December 2018 Thursday 01:18

Toys "R" Us to close fifth of stores in USToy retailer announces mass closings after filing for bankruptcy in September24 January 2018 Wednesday 22:43

US: Toys ‘R’ Us files for bankruptcyCanada operation to follow suit but overseas outlets not affected19 September 2017 Tuesday 21:13

Sears Canada may soon file for bankruptcyCompany has 16,000 employees in stores across Canada22 June 2017 Thursday 01:28

SKorean shipping giant declared bankruptOnce South Korea’s biggest shipper, Hanjin reaches end of line after 4 decades in business17 February 2017 Friday 09:33

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